SB Financial Q2 EPS Jumps 26% on Loan Growth, Revenue Up 4.5%
SBFG sits 47% above its 52-week low of $18.16.
Summary
SB Financial posted Q2 adjusted EPS of $0.72, a 25.9% year-over-year increase, driven by higher interest income on loan growth. Operating revenue rose 4.5% to $17.94 million, with net income up 16.7% to $4.5 million. Net interest income reached $12.95 million, though partially offset by higher deposit costs. Mortgage banking revenue declined due to lower servicing fees and a negative servicing rights valuation adjustment. The company expects to maintain positive operating leverage in 2026, supported by organic loan expansion and strong client retention. This follows a strong Q1 where net income nearly doubled, indicating sustained momentum. The stock trades near its 52-week high, and the only analyst rating is a buy, though the median price target of $25 is below the current price.
At the time of this announcement, SBFG was trading at $26.67 on NASDAQ in the Finance sector, with a market capitalization of approximately $167.4M. The 52-week trading range was $18.16 to $27.69. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.