Saturday 17 October 2026 Export SBFG’s income statement to Excel — free account

SB Financial Group, Inc.

SB Financial Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $91.0 million, up 11.9% from fiscal 2024. In the quarter to June 2026, revenue grew 5.49%, EPS grew 20.0%, free cash flow grew 255.7% and total debt fell 22.8%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three; insiders bought in the last twelve months.

29.53 0.19 +0.65%

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Market cap: $183.5M
P/E: 11.0×
Fwd P/E: 8.8×
Dividend yield: 2.13%
F-score: 9/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.00

Total sells 0.14

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	—	—	—	—	—	—	—
Sell	—	—	—	1	—	—	—	1	—	—	1	—

Insider Ownership 5.40%

Capital & Financial Ratios $m

Market Cap 183.46

Revenue 94.86

Net Income 16.76

Free Cash Flow 23.10

Net Debt (98.34)

Current Ratio 0.95

Debt/Equity 0.29

P/E ratio 11.02

Fwd P/E 8.78

P/S ratio 1.93

P/B ratio 1.25

Past 5Y EPS Growth 3.25%

This Y EPS Growth 10.82%

Next Y EPS Growth 1.56%

Next Y revenue growth (43.86%)

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 87.17%

10-year low 10-year high

P/S against its own 10 years 81.20%

10-year low 10-year high

P/B against its own 10 years 99.41%

10-year low 10-year high

Dividends

Payout Ratio 0.24

Annual Dividend Rate 0.63

Annual Dividend Yield 2.13%

	total	individual payouts
2027	Powerpack
2026	0.60	0.16 0.16 0.16
2025	0.60	0.15 0.15 0.15 0.16
2024	0.56	0.14 0.14 0.14 0.15
2023	0.52	0.13 0.13 0.13 0.14
2022	0.48	0.12 0.12 0.12 0.13
2021	0.42	0.10 0.10 0.10 0.11
2020	0.38	0.09 0.10 0.10 0.10
2019	0.34	0.08 0.09 0.09 0.09
2018	0.30	0.07 0.08 0.08 0.08
2017	0.27	0.06 0.07 0.07 0.07
2016	0.23	0.05 0.06 0.06 0.06

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	25	27	73	141
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	1,016	1,071	1,244	1,327

	2023	2024	2025	Q'26
Payables	1,070	1,153	1,307	1,391
ST’ Debt	—	—	—	—
Other	—	—	—	—
	1,086	1,166	1,319	1,400

Compound Annual Growth %

	10y	5y	3y
Sales	8.14%	4.59%	13.17%
Cash Flow	10.81%	0.11%	(2.04%)
Earnings	7.69%	(1.33%)	3.73%
Book Value	5.69%	(0.24%)	6.05%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	24	25	—	—	—
’25	21	24	23	23	91
’24	19	20	21	21	81
’23	17	19	19	21	76
’22	15	15	16	17	63
’21	22	17	18	17	73
’20	13	19	21	19	73

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(3)	7	—	—	—
’25	7	(4)	13	8	24
’24	0	0	4	6	9
’23	(4)	3	8	7	14
’22	(1)	5	9	13	26
’21	(1)	3	4	11	17
’20	(5)	4	6	19	24

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(3)	6	—	—	—
’25	6	(4)	12	8	21
’24	0	(1)	3	6	8
’23	(4)	3	8	7	13
’22	(2)	5	9	12	24
’21	(1)	1	4	11	15
’20	(5)	4	5	18	22

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.69	0.72	—	—	—
’25	0.33	0.60	0.64	0.63	2.19
’24	0.35	0.47	0.35	0.55	1.72
’23	0.35	0.44	0.39	0.57	1.75
’22	0.40	0.40	0.47	0.50	1.77
’21	0.92	0.50	0.55	0.49	2.56
’20	0.09	0.45	0.66	0.68	1.87

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.28	13.75	15.29	15.01	8.59	15.26	16.28	11.82	13.01	17.10	Analyst estimates 2026–2028 Powerpack
	High	17.56	19.76	19.55	19.05	19.51	19.13	20.85	17.30	23.00	24.48
People
People	Employees	219	234	250	247	244	269	268	251	252	246
	Revenue/emp, $m	0.21	0.21	0.22	0.25	0.30	0.27	0.23	0.30	0.32	0.37
Income, $m
Income, $m	Revenue	47	50	56	62	73	73	63	76	81	91
	Gross margin, %	93.19	91.76	88.93	84.66	90.78	94.46	91.77	75.12	69.98	72.02
	EBT	13	14	14	15	18	23	15	15	14	17
	EBT margin, %	27.48	27.42	25.75	23.44	25.35	31.30	24.39	19.40	17.03	18.96
	Net income	9	11	12	12	15	18	13	12	11	14
	Depreciation	4	3	3	4	7	4	5	4	4	5
Per share, $
Per share, $	Revenue	9.17	9.83	8.62	9.21	9.55	10.25	8.97	11.11	12.22	14.29
	Earnings	1.52	2.00	1.64	1.63	1.87	2.58	1.79	1.77	1.72	2.19
	Cash flow	2.74	1.94	2.13	2.78	3.14	2.44	3.65	2.05	1.42	3.77
	Capex	(0.32)	(0.73)	(0.29)	(0.30)	(0.22)	(0.34)	(0.27)	(0.14)	(0.18)	(0.41)
	Free cash flow	2.42	1.20	1.84	2.48	2.92	2.09	3.38	1.91	1.23	3.37
	Book value	16.90	18.58	20.04	20.08	18.77	20.46	16.91	18.21	19.15	22.18
	Shares, m	5	5	7	7	8	7	7	7	7	6
Valuation, ×
Valuation, ×	P/E	9.96	8.70	9.57	11.45	9.33	7.55	9.35	8.79	12.16	10.12
	P/S	1.66	1.77	1.82	2.04	1.82	1.83	1.87	1.41	1.71	1.56
	P/B	1.07	1.10	0.88	0.93	0.93	0.92	0.99	0.86	1.09	1.00
	EV/Sales	1.86	1.53	1.24	1.86	(0.08)	0.08	2.66	2.45	2.05	1.36
	EV/FCF	7.03	12.51	5.81	6.90	(0.27)	0.37	7.05	14.24	20.25	5.78
Cash, $m
Cash, $m	Operating cash flow	14	10	14	19	24	17	26	14	9	24
	Capex	(2)	(4)	(2)	(2)	(2)	(2)	(2)	(1)	(1)	(3)
	Free cash flow	12	6	12	17	22	15	24	13	8	21
Balance, $m
Balance, $m	Working capital	(24)	(20)	1	0	(52)	(157)	(118)	(70)	(95)	(75)
	Total debt	27	19	16	16	8	25	80	103	55	55
	Net debt	9	(12)	(32)	(11)	(139)	(127)	50	79	27	(18)
	Shareholders’ equity	87	94	130	136	143	145	118	124	128	141
Returns, %
Returns, %	ROA	1.01	1.19	1.14	1.09	1.30	1.41	0.94	0.90	0.84	0.96
	ROIC	8.40	10.37	9.20	7.31	261.32	79.69	5.70	4.53	5.60	8.75
	ROE	11.17	13.23	10.85	8.73	10.71	12.70	9.51	9.96	9.11	10.40

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CBFV CB Financial Services, Inc.	$194.0M	26.3×	11.5×	+11.11% (above 0%: growing)	+7.59% (above 0%: growing)	+89.91% (above 0%: growing)	70.87%	0.00%	Compare
LARK Landmark Bancorp Inc.	$192.5M	9.5×	5.6×	+2.62% (above 0%: growing)	+21.58% (above 0%: growing)	+828.81% (above 0%: growing)	78.76%	0.00%	Compare
BVFL BV Financial, Inc.	$184.2M	14.1×	—	−2.37% (below 0%: shrinking)	+48.28% (above 0%: growing)	+1.43% (above 0%: growing)	78.95%	0.00%	Compare
SBFG SB Financial Group, Inc.	$183.5M	11.0×	8.8×	+5.49% (above 0%: growing)	+20.00% (above 0%: growing)	+255.74% (above 0%: growing)	72.32%	0.00%
FNWD Finward Bancorp	$181.0M	18.3×	12.2×	+0.43% (above 0%: growing)	−2.00% (below 0%: shrinking)	+0.22% (above 0%: growing)	69.03%	0.00%	Compare
ECBK ECB Bancorp, Inc.	$173.4M	13.9×	—	+15.35% (above 0%: growing)	+127.78% (above 0%: growing)	+538.43% (above 0%: growing)	46.07%	0.00%	Compare
MNSB MainStreet Bank	$172.8M	11.8×	10.9×	−6.70% (below 0%: shrinking)	+9.43% (above 0%: growing)	+286.64% (above 0%: growing)	57.99%	0.00%	Compare
BAFN BayFirst Financial Corp.	$170.8M	— (loss-making)	—	−70.88% (below 0%: shrinking)	n/m	−99.45% (below 0%: shrinking)	27.34%	0.00%	Compare
HNVR Hanover Bancorp, Inc.	$170.6M	19.0×	11.2×	−2.10% (below 0%: shrinking)	+66.67% (above 0%: growing)	+972.77% (above 0%: growing)	56.13%	0.00%	Compare
Median of peers	$177.2M	14.1×	11.2×	−0.83%	+21.58%	+188.28%	63.51%	0.00%

All 323 Banks Regional stocks →

SB Financial Group, Inc. (SBFG) key facts

Strength: SB Financial Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $91.0 million, up 11.9% from fiscal 2024.
SB Financial Group, Inc. (SBFG) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, SBFG traded at $29.53, a market capitalization of $183.5 million.
SB Financial Group, Inc. pays an annual dividend of $0.63 per share, a yield of 2.13%, with a payout ratio of 23.5%.
Return on equity was 10.4% and debt-to-equity 0.29.
Its Piotroski F-score is 9 out of 9 for fiscal 2025.