US LNG exports surge but will buyers in China turn up?
David A. Homoelle, Executive Vice President of a subsidiary of SB Financial Group, Inc. (NASDAQ:SBFG), recently acquired 322 shares of the company’s common stock. The shares were purchased at $21.15 each, totaling $6,810. The purchase price represents a premium to the current trading price of $19.67, though InvestingPro analysis suggests the stock is undervalued based on its Fair Value estimate. Following this transaction, Homoelle holds 3,650 shares directly and 6,052 shares indirectly through an Employee Stock Ownership Plan (ESOP). The acquisition was part of a stock incentive plan, as noted in the company’s recent SEC Form 4 filing. The $125.5 million market cap company has demonstrated strong shareholder returns, with a 51% gain over the past year and 12 consecutive years of dividend increases. For deeper insights into insider trading patterns and comprehensive financial analysis, access the full SBFG research report on InvestingPro.
In other recent news, SB Financial Group reported its financial results for the fourth quarter of 2024, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.52, exceeding the forecasted $0.36, and reported revenue of $15.45 million, significantly higher than the projected $9.8 million. Additionally, SB Financial Group completed the acquisition of Marblehead Bancorp, which is expected to enhance its market position. The acquisition is anticipated to add $0.15-$0.25 to EPS, according to the company’s projections. Analysts from Janney Montgomery expressed optimism about SB Financial’s strategic focus and growth potential. The company also reported a 13.7% increase in net interest income year-over-year, demonstrating strong financial performance. Furthermore, SB Financial Group announced a 7% increase in book value per share, reflecting its robust capital management strategies. These developments reflect SB Financial Group’s commitment to growth and operational efficiency in a competitive financial sector.
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