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SB Financial Group Full Year 2022 Earnings: Beats Expectations

SB Financial Group (NASDAQ:SBFG) Full Year 2022 Results

Key Financial Results

  • Revenue: US$57.6m (down 10% from FY 2021).

  • Net income: US$12.5m (down 31% from FY 2021).

  • Profit margin: 22% (down from 28% in FY 2021). The decrease in margin was driven by lower revenue.

  • EPS: US$1.79 (down from US$2.46 in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

SB Financial Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%.

The company's shares are up 1.8% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on SB Financial Group's balance sheet.

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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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