---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-032586"
form_type: "8-K"
ticker: "SBFG"
cik: "0000767405"
company_name: "SB FINANCIAL GROUP, INC."
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T14:05:56.403033+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SB Financial reports 2024 net income of $11.5M; deposit growth $82.4M, loans up $46.5M

## Summary
- Net income $11.5M ($1.72/share), down from $12.1M in 2023; ROAA 0.84%, ROAE 9.19%
- Deposit growth $82.4M to $1.15B; loan growth $46.5M; Wealth Mgmt AUM up $45.9M
- Asset quality strong: NPAs covered 274%, NPA/assets 0.11%; NCOs near zero
- Expanded into Northern Ohio, new LPO in Cincinnati; regulatory OK for Angola, IN
- Dividend CAGR 12.1% over 10 years; payout ratio 32.56%; TBV CAGR 6.3%

## SEC filing metadata
- accession: 0001213900-25-032586
- form_type: 8-K
- ticker: SBFG
- cik: 0000767405
- company_name: SB FINANCIAL GROUP, INC.
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/767405/000121390025032586/0001213900-25-032586-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/767405/000121390025032586/ea0238568-8k_sbfin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-032586
- JSON: https://secwatch.observer/filing/0001213900-25-032586.json
- Plain text: https://secwatch.observer/filing/0001213900-25-032586.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.