SB Financial Group Announces Third Quarter 2026 Results
SB Financial reported Q3 2026 net income of $3.9 million ($0.63 diluted EPS), down 2.5% from $4.0 million ($0.64) a year earlier, marking its 63rd consecutive profitable quarter. The YoY decline came despite 9.0% operating revenue growth to $18.1 million, as noninterest expense jumped 14.4% on higher salaries, data processing and marketing costs tied to pending client and product conversions; the efficiency ratio worsened to 72.5% from 69.0%. Balance sheet momentum remained strong: loans grew 9.7% YoY to $1.22 billion (tenth straight quarter of expansion), deposits rose 9.5% to $1.38 billion, and net interest margin expanded 2 bps to 3.50%.
Key figures
- Eps
- 0.63
- Revenue
- $18.1 million
- Revenue Yoy
- 9.0%
- Ytd eps
- 2.04
- Npa ratio
- 0.27%
- Total loans
- $1.22 billion
- Ytd eps yoy
- +31.1%
- Q3 net income
- $3.9 million
- Total deposits
- $1.38 billion
- Ytd net income
- $12.7 million
- Loan growth yoy
- 9.7%
- Efficiency ratio
- 72.5%
- Q3 net income yoy
- -2.5%
- Deposit growth yoy
- 9.5%
- Ytd net income yoy
- +26.7%
- Net interest margin
- 3.50%
- Acl coverage of npls
- 508.9%
- Tangible book value per share
- 18.65
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.