earnings
confidence high
sentiment negative
materiality 0.65
SB Financial Q4 net income $3.5M ($0.50 EPS), up 6% YoY; FY net income $12.5M down 31%
SB FINANCIAL GROUP, INC.
2022-FY EPS reported
$1.77
- Q4 net income $3.5M, diluted EPS $0.50 vs $0.49 prior year; net interest income up 20.1% to $10.9M.
- Full year net income $12.5M ($1.77 EPS) down 30.9% from $18.3M ($2.56 EPS) in 2021.
- Loan growth $139.4M (16.9%) YoY; deposits down 2.4% to $1.09B.
- Mortgage originations $51.2M, down 59.6% from Q4 2021; net mortgage banking revenue $1.2M vs $3.8M.
- Nonperforming assets improved to 0.38% of assets; net recoveries for full year.