earnings
confidence high
sentiment neutral
materiality 0.70
SB Financial Q1 adjusted net income up 23.2% to $2.7M; Marblehead Bank acquisition closed
SB FINANCIAL GROUP, INC.
2025-Q1 EPS reported
$0.33
- Adjusted diluted EPS $0.42 vs $0.33 prior year; GAAP EPS $0.33 down 5.7%.
- Revenue $15.4M (+17.2% YoY); net interest income $11.3M (+22.9%).
- Loans grew $96.7M to $1.09B; deposits up $158.9M to $1.27B including $56M from Marblehead.
- Tangible book value per share $15.79, up $0.86 (+5.8%) YoY; 26,446 shares repurchased.
- Nonperforming assets rose to $6.1M (0.41% of assets) from $2.9M; coverage ratio 254.4%.