Quarterly ResultJul 23, 2026, 04:18 PM
SB Financial Q2 Net Income $4.5M (+16.7%), Diluted EPS $0.72 (+20%)
AI Summary
SB Financial Group, Inc. reported strong financial results for the second quarter of 2026, with GAAP net income increasing by 16.7% to $4.5 million and diluted EPS rising by 20.0% to $0.72. The company achieved significant balance sheet growth, with total loans expanding by 8.7% to $1.19 billion and total deposits growing by 11.3% to $1.39 billion year-over-year. Asset quality remained robust, evidenced by a decrease in nonperforming assets and an improved efficiency ratio, reflecting disciplined management and diversified revenue streams.
Key Highlights
- Q2 2026 GAAP Net Income was $4.5 million, an increase of 16.7% from the prior-year quarter.
- Q2 2026 Diluted Earnings per Share (DEPS) was $0.72, up 20.0% from the prior-year quarter.
- Total loans reached $1.19 billion, an increase of 8.7% year-over-year.
- Total deposits climbed to $1.39 billion, increasing by 11.3% year-over-year.
- Tangible book value per common share was $19.04, a 15.8% increase from the prior-year quarter.
- Nonperforming assets decreased to $4.4 million (0.27% of total assets) from $6.2 million (0.41%) year-over-year.
- The core efficiency ratio improved to 67.32% in Q2 2026 from 68.90% in Q2 2025.
- Shareholders' equity finished at $146.7 million, up 9.8% from the prior-year period.
Price Impact
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