SB Financial Group, Inc. Announces First Quarter 2020 Results
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SB Financial Group (SBFG) Tops Q1 EPS by 7c, Revenues Beat
April 23, 2020 4:27 PM EDTSB Financial Group (NASDAQ: SBFG) reported Q1 EPS of $0.31, $0.07 better than the analyst estimate of $0.24. Revenue for the quarter came in at $10.71 million versus the consensus estimate of $8.51 million.
First quarter 2020 highlights over prior year first quarter include:
Net income of $0.7 million; diluted earnings per share (EPS) of $0.09Adjusted net income, excluding the impact of the OMSR impairment of $2.2 million (pre-tax), of $2.4 million with EPS of $0.31Mortgage origination volume of $101.4 million, an increase of $49.9 million, or 97.1 percentFirst quarter 2020 trailing twelve-month highlights include:
Loan growth of $48.2 million, or 6.2... More