US LNG exports surge but will buyers in China turn up?
David A. Homoelle, Executive Vice President of a subsidiary at SB Financial Group, Inc. (NASDAQ:SBFG), recently sold 937 shares of the company’s common stock. The shares were sold at a price of $23.43 each, amounting to a total transaction value of $21,953. The sale comes as SBFG trades at $19.67, with the stock showing mixed performance - down in the past month but up 51% over the last year. According to InvestingPro analysis, SBFG currently appears undervalued with analysts setting a $26 price target. Following this transaction, Homoelle holds 3,650 shares directly and 6,052 shares indirectly through an Employee Stock Ownership Plan (ESOP). The shares were initially acquired as part of a grant of restricted stock units under the company’s stock incentive plan.
In other recent news, SB Financial Group Inc. reported impressive financial results for the fourth quarter of 2024, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.52, significantly higher than the forecasted $0.36, while revenue reached $15.45 million, exceeding the projected $9.8 million. These results were bolstered by a 13.7% year-over-year increase in net interest income. Additionally, SB Financial completed the acquisition of Marblehead Bancorp, expanding its market presence. This strategic move is expected to enhance the company’s financial performance, with analysts from Janney Montgomery highlighting potential EPS accretion from the transaction. The company also reported a 4.7% increase in loan growth, amounting to $46.5 million. Furthermore, SB Financial’s book value per share increased by 7%, reaching $16. The company’s focus on loan growth and mortgage originations positions it favorably in the competitive financial sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.