SB Financial Group Inc reports results for the quarter ended in June - Earnings Summary

SB Financial

18/07/2024 22:01

* SB Financial Group Inc  SBFG.OQ  reported quarterly
adjusted
earnings of 47 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 44 cents.  The lone analyst forecast for the
quarter was for earnings of 35 cents per share. 
    * Revenue fell 1.7% to $9.66 million from a year ago;
analysts
expected $9.40 million. 
    * SB Financial Group Inc's reported EPS for the quarter was
47
cents​.
    * The company reported quarterly net income of $3.11
million.
    * SB Financial Group Inc shares had risen by 13.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 14.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "strong buy"

Wall Street's median 12-month price target for SB Financial
Group Inc is $16.00 
This summary was machine generated from LSEG data July 18 at
09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.35           0.47           Beat
 Mar. 31 2024      0.30           0.35           Beat
 Dec. 31 2023      0.35           0.57           Beat
 Sep. 30 2023      0.41           0.39           Missed