---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-039954"
form_type: "8-K"
ticker: "SBFG"
cik: "0000767405"
company_name: "SB FINANCIAL GROUP, INC."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T15:31:41.045980+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SB Financial Q1 adjusted net income up 23.2% to $2.7M; Marblehead Bank acquisition closed

## Summary
- 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%.

## SEC filing metadata
- accession: 0001213900-25-039954
- form_type: 8-K
- ticker: SBFG
- cik: 0000767405
- company_name: SB FINANCIAL GROUP, INC.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/767405/000121390025039954/0001213900-25-039954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/767405/000121390025039954/ea0240939-8k_sbfin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-039954
- JSON: https://secwatch.observer/filing/0001213900-25-039954.json
- Plain text: https://secwatch.observer/filing/0001213900-25-039954.txt

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