earnings
confidence high
sentiment neutral
materiality 0.60
SB Financial Q1 net income $2.4M (-3.3% YoY), EPS flat at $0.35
SB FINANCIAL GROUP, INC.
2025-Q1 EPS reported
$0.35
- Net interest income $9.2M, down 11.1% YoY on higher deposit costs; net interest margin compressed 38 bps.
- Total loans grew 1.6% to $991.6M; nonperforming assets improved to 0.22% of assets from 0.30%.
- Noninterest income up 7.8% to $3.95M, driven by 30.4% gain on mortgage sales; noninterest expenses down 4.6%.
- Mortgage banking net revenue rose 20.3% to $1.45M; servicing portfolio reached $1.37B (+2.1% YoY).
- Total deposits stable at $1.112B; shareholders' equity $123.7M, up 3.3% YoY.