SB Financial Group (SBFG) Reports Q2 EPS of $0.40

SB Financial Group (NASDAQ: SBFG) reported Q2 EPS of $0.40.

Second-quarter 2018 highlights over prior-year second quarter include:

• Total assets increased to $944.8 million, up $97.1 million, or 11.5 percent
• Net income of $3.1 million, an increase of 34.1 percent
• Operating revenue of $12.7 million, up $1.2 million, or 10.9 percent
• Return on average assets of 1.35 percent, up 26 basis points, or 23.9 percent
• Diluted earnings per share (EPS) of $0.40, an increase of $0.03 per share, or 8.1 percent

"SB Financial Group's second-quarter net income was up 34 percent compared to the prior-year quarter," said Mark A. Klein, Chairman, President and CEO of SB Financial. Our operating results included a very strong loan growth quarter, as we added over $46 million. From the prior year, our loan book is up nearly $102 million. This growth coincided with a further reduction in our nonperforming assets to 34 basis points."

For earnings history and earnings-related data on SB Financial Group (SBFG) click here.

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