Quarterly ResultJul 31, 2026, 02:51 PM
SB Financial Q2 Net Income $4.5M, EPS $0.72; Loans $1.19B, Deposits $1.39B
AI Summary
SB Financial Group, Inc. reported strong financial results for the second quarter of 2026, with GAAP net income increasing to $4.5 million and diluted EPS reaching $0.72, both showing significant year-over-year growth. The company achieved continued expansion in its loan portfolio, which grew to $1.19 billion, and saw deposits climb to $1.39 billion. Asset quality remained robust with a decrease in nonperforming assets and an improved efficiency ratio, alongside ongoing share repurchases.
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, reflecting an 8.7% increase from the prior-year quarter.
- Total deposits climbed to $1.39 billion, increasing by 11.3% from the prior-year quarter.
- Tangible book value per common share finished the quarter at $19.04, climbing 15.8% YoY.
- Nonperforming assets totaled $4.4 million, a decrease of $1.8 million from the prior-year quarter.
- The company repurchased approximately 28,000 shares during the second quarter.
- Net interest income for the quarter totaled $13.0 million, up 6.8% from the prior-year period.
Price Impact
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