SB Financial Group, Inc. (SBFG) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, SB Financial reported revenue of $65.6M, up 15.1% from $56.9M the year before. Net income was $14.0M (a 21.3% net margin), or $2.19 per diluted share. Net interest income was $48.5M, and the efficiency ratio (noninterest expense / revenue) was 71.7%. Operating activities generated $24.0M of cash, leaving $21.4M of free cash flow. At fiscal year end, SB Financial held $1.55B in total assets against $1.40B in total liabilities.
Open the full interactive SB Financial financials → Quarterly statements, key ratios, valuation history and price charts.
SB Financial Key Stats
| Share Price | $29.24 |
|---|---|
| Market Cap | $181.9M |
| P/E Ratio | 13.4 |
| Revenue YoY Growth | +15.1% |
| 52-Week Range | $17.92 – $30.73 |
| Shares Outstanding | 6.2 million (basic, 2026 Q2) |
SB Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $36.4M | $37.9M | $39.4M | $39.3M | $39.9M | $48.5M |
| Provision for Credit Losses | $5.0M | $1.1M | $0 | $315,000 | $124,000 | $1.3M |
| Noninterest Income | $30.1M | $30.7M | $18.2M | $17.7M | $17.0M | $17.1M |
| Noninterest Expense | $43.1M | $44.8M | $42.3M | $42.0M | $43.0M | $47.0M |
| Revenue | $66.5M | $68.6M | $57.6M | $57.0M | $56.9M | $65.6M |
| Pre-Tax Income | $18.4M | $22.7M | $15.3M | $14.7M | $13.9M | $17.3M |
| Income Tax | $3.5M | $4.4M | $2.8M | $2.6M | $2.4M | $3.3M |
| Net Income | $14.9M | $18.3M | $12.5M | $12.1M | $11.5M | $14.0M |
| Diluted EPS | $1.87 | $2.56 | $1.77 | $1.75 | $1.72 | $2.19 |
SB Financial Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $16.6M | $16.4M | $17.4M | $17.9M |
| Net Income | $4.0M | $3.9M | $4.3M | $4.5M |
| Diluted EPS | $0.64 | $0.61 | $0.69 | $0.72 |
SB Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $140.7M | $149.5M | — | — | — | — |
| Total Assets | $1.26B | $1.33B | $1.34B | $1.34B | $1.38B | $1.55B |
| Deposits | $1.05B | $1.11B | $1.09B | $1.07B | $1.15B | $1.31B |
| Total Long-Term Debt | $165.4M | $19.5M | $19.6M | $20.0M | $19.7M | $20.0M |
| Total Liabilities | $1.11B | $1.19B | $1.22B | $1.22B | $1.25B | $1.40B |
| Shareholders' Equity | $142.9M | $144.9M | $118.4M | $124.3M | $127.5M | $141.2M |
SB Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $23.9M | $17.3M | $25.6M | $14.0M | $9.5M | $24.0M |
| Cash From Investing | -$57.2M | -$72.0M | -$165.7M | -$17.4M | -$28.9M | -$68.1M |
| Cash From Financing | $146.9M | $63.6M | $18.4M | -$1.5M | $22.5M | $89.7M |
| Free Cash Flow | $21.9M | $14.8M | $23.7M | $13.0M | $8.2M | $21.4M |
Figures from SB Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full SB Financial financials page for every line item.
SB Financial Company Profile
| Ticker | SBFG |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Defiance, Ohio |
| Incorporated in | Ohio |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000767405 |
Frequently Asked Questions
What was SB Financial's revenue in fiscal 2025?
SB Financial (SBFG) reported revenue of $65.6M for fiscal 2025.
What is SB Financial's annual revenue history?
SB Financial's annual revenue by fiscal year: 2020: $66.5M; 2021: $68.6M; 2022: $57.6M; 2023: $57.0M; 2024: $56.9M; 2025: $65.6M.
What was SB Financial's net income in fiscal 2025?
SB Financial reported net income of $14.0M for fiscal 2025.
What was SB Financial's earnings per share (EPS) in fiscal 2025?
SB Financial's diluted EPS was $2.19 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did SB Financial generate in fiscal 2025?
SB Financial generated $21.4M of free cash flow in fiscal 2025.
What was SB Financial's revenue last quarter?
In its most recent reported quarter (2026 Q2), SB Financial reported revenue of $17.9M.
How much debt does SB Financial have?
SB Financial reported $20.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of SB Financial are outstanding?
SB Financial reported a weighted average of 6.2 million basic shares outstanding in 2026 Q2.
What is SB Financial's market cap?
Based on its latest closing price, SB Financial (SBFG) has a market capitalization of about $181.9M.
When does SB Financial's fiscal year end?
SB Financial's fiscal year end, as registered with the SEC, is December 31.
Where is SB Financial headquartered?
SB Financial lists its business address in Defiance, Ohio in its SEC filings.