SB Financial Q4 net income up 9.9% to $3.9M; loans surpass $1B

SB FINANCIAL GROUP, INC.

2023-FY EPS reported $1.75

Net income $3.9M ($0.57 diluted EPS) up 9.9% YoY; interest income up 16.9% to $15.1M.
Loan growth of $38.1M (+4.0% YoY) to $1.00B, first time over $1B; nonperforming assets improved to 25 bps.
Full year net income $12.1M ($1.75 diluted EPS) down 3.4% YoY; adjusted EPS up 7.4% ($0.12 increase).
Mortgage origination Q4 $39.6M (-22.8% YoY); mortgage sales up 41.4% to $33.4M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SB FINANCIAL GROUP, INC. reported financial results for the fourth quarter and twelve months ended December 31, 2023.

Period: the fourth quarter and twelve months ended December 31, 2023
Result: reported results

Exact text from the filing

On January 25, 2024, SB Financial Group, Inc. (the “Company”) issued a news release reporting financial results for the fourth quarter 2023.

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499 earnings releases filed in the last 30 days. Browse all earnings releases →

SB FINANCIAL GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001213900-24-006728

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