earnings
confidence high
sentiment positive
materiality 0.65
SB Financial Q2 net income $4.5M, EPS $0.72, up 20% YoY; loans up 8.7%
SB FINANCIAL GROUP, INC.
- GAAP net income $4.5M ($0.72 diluted EPS) vs $3.9M ($0.60) YoY; adjusted EPS $0.73, up 25.9%.
- Total loans $1.19B, up $94.8M (8.7%) YoY; ninth consecutive quarter of loan portfolio expansion.
- Total deposits $1.39B, up $141.3M (11.3%) YoY; noninterest-bearing deposits 18.6% of total.
- Tangible book value per share $19.04, up $2.60 (15.8%) YoY; adjusted TBV ex-AOCI $22.57.
- Nonperforming assets 0.27% of total assets, down from 0.41% YoY; allowance coverage 470% of NPLs.