Quarterly ResultMay 7, 2026, 03:13 PM
SB Financial Group Q1 Net Income +99% to $4.3M; EPS $0.69
AI Summary
SB Financial Group reported a strong first quarter for 2026, with net income nearly doubling to $4.3 million and diluted earnings per share increasing significantly to $0.69. The company saw growth in both net interest income and noninterest income, while noninterest expenses decreased. Total assets and deposits also increased compared to the end of 2025.
Key Highlights
- Net income for Q1 2026 increased by 99.07% to $4.296 million from $2.158 million in Q1 2025.
- Diluted earnings per common share rose by 109.09% to $0.69 in Q1 2026 from $0.33 in Q1 2025.
- Net interest income grew by 12.70% to $12.712 million in Q1 2026, up from $11.279 million in Q1 2025.
- Total noninterest income increased by 14.73% to $4.712 million in Q1 2026, compared to $4.107 million in Q1 2025.
- Total noninterest expense decreased by 3.88% to $11.929 million in Q1 2026 from $12.410 million in Q1 2025.
- Total assets increased by 3.83% to $1.605 billion at March 31, 2026, from $1.545 billion at December 31, 2025.
- Total deposits grew by 4.94% to $1.372 billion at March 31, 2026, from $1.307 billion at December 31, 2025.
- Cash dividends on common shares increased to $0.155 per share in Q1 2026 from $0.145 per share in Q1 2025.
Price Impact
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