SB Financial Group, Inc. (SBFG): History, Ownership, Mission, How It Works & Makes Money

Ever wondered about the story behind SB Financial Group, Inc. (SBFG), a key player in the financial services sector? With a history stretching back to 1902, this diversified financial services company headquartered in Defiance, Ohio, has established itself as a reliable provider of community banking, mortgage banking, wealth management, and title insurance services. But how exactly does SB Financial Group operate, what is their mission, and how do they generate revenue to maintain a competitive edge with total assets of $1.38 billion as of December 31, 2024?

SB Financial Group's stock price was $17.74 as of April 11, 2025, with a market capitalization of $116 million. Keep reading to discover the history, ownership structure, and the inner workings that drive this financial institution, plus gain insights into how it creates value for its stakeholders and navigates the complexities of today's financial landscape, including a trailing 12-month revenue of $56.9 million as of December 31, 2024.

SB Financial Group, Inc. (SBFG) History

SB Financial Group, Inc.'s Founding Timeline

Year established

SB Financial Group, Inc. was established in 1934.

Original location

The company's roots are in Northwest Ohio.

Founding team members

While specific names of the original founding team members are not readily available, the institution was founded by local community leaders in Northwest Ohio.

Initial capital/funding

Information regarding the specific initial capital or funding is not available in the provided search results.

SB Financial Group, Inc.'s Evolution Milestones

SB Financial Group, Inc.'s Transformative Moments

• Strategic Acquisitions: The acquisition of Ohio Bank in 1998 significantly broadened the company's service capabilities and market reach.
• Mergers and Rebranding: The merger with First Defiance Financial Corp. around 2000 and the subsequent rebranding to SB Financial Group, Inc. in 2018, marked pivotal moments in the company's strategic evolution, reflecting a move towards a more unified and forward-looking identity.
• Focus on Digital Transformation: Embracing digital technologies to enhance customer experience and operational efficiency has been a transformative initiative, positioning the company for sustained growth in the digital age.
• Community Engagement and Support: Throughout its history, SB Financial Group has maintained a strong commitment to community development, which has been crucial in building customer loyalty and trust.

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SB Financial Group, Inc. (SBFG) Ownership Structure

SB Financial Group, Inc. features a mixed ownership structure, encompassing institutional, retail, and insider stakeholders. Understanding this structure is key to grasping the dynamics influencing the company's strategic decisions.

SB Financial Group, Inc.'s Current Status

SB Financial Group, Inc. is a publicly traded company, meaning its shares are available for purchase by the general public on a stock exchange. As of April 2025, it is listed on the NASDAQ under the ticker symbol SBFG.

SB Financial Group, Inc.'s Ownership Breakdown

The ownership of SB Financial Group, Inc. is distributed among various types of shareholders. Here's a breakdown:

For more detailed insights into who is investing in SB Financial Group, Inc. and potential reasons behind their investment decisions, check out this in-depth analysis: Exploring SB Financial Group, Inc. (SBFG) Investor Profile: Who’s Buying and Why?

SB Financial Group, Inc.'s Leadership

The leadership team plays a crucial role in guiding SB Financial Group, Inc.'s strategic direction and operational execution. Key figures include:

• Mark A. Klein: Chairman, President and Chief Executive Officer
• Anthony S. Cosentino: Executive Vice President and Chief Financial Officer
• Sarah E. Sewell: Executive Vice President, Chief Operating Officer

These individuals, along with other members of the executive team and board of directors, are responsible for the overall management and performance of SB Financial Group, Inc.

SB Financial Group, Inc. (SBFG) Mission and Values

SB Financial Group, Inc. aims to deliver value to its shareholders, customers, and communities through a commitment to integrity, customer service, and community involvement. The company's mission and values reflect a dedication to building strong relationships and fostering economic growth in the regions it serves.

SB Financial Group, Inc.’s Core Purpose

Official mission statement

While a direct, stand-alone mission statement for SB Financial Group, Inc. isn't explicitly available in the provided search results, the company's approach can be inferred from its operational focus and stated values. SB Financial Group emphasizes:

• Providing financial solutions to individuals, businesses, and communities.
• Fostering long-term relationships with customers through personalized service.
• Contributing to the economic well-being of its service areas through community support and investment.

Vision statement

Similarly, a specific vision statement isn't provided in the search results. However, based on the available information, a potential vision for SB Financial Group could be:

• To be the leading community-oriented financial institution in its markets.
• To be recognized for its commitment to customer satisfaction and community development.
• To deliver sustainable growth and profitability for its shareholders.

Company slogan/tagline

Information regarding a specific slogan or tagline for SB Financial Group, Inc. is not available in the provided search results. For more in-depth information, check this link: Mission Statement, Vision, & Core Values of SB Financial Group, Inc. (SBFG).

SB Financial Group, Inc. (SBFG) How It Works

SB Financial Group operates as the holding company for State Bank & Trust, offering a range of financial services to individuals, businesses, and agricultural clients.

SB Financial Group, Inc.’s Product/Service Portfolio

SB Financial Group, Inc.’s Operational Framework

SB Financial Group, Inc. generates revenue through several key operational processes:

• Loan Origination and Management: Generating income from the interest earned on loans, which constitute a significant portion of their revenue.
• Deposit Gathering: Attracting deposits from customers, providing the funds necessary for lending activities.
• Fee-Based Services: Earning fees from services like wealth management, trust administration, and other financial services.
• Investment Activities: Managing an investment portfolio to generate additional income.

SB Financial Group, Inc.’s Strategic Advantages

SB Financial Group, Inc. maintains its competitive edge through:

• Community Focus: Strong local presence and customer relationships within its operating regions.
• Diversified Services: Offering a broad array of financial products and services to meet various customer needs.
• Experienced Management: A seasoned leadership team guiding the company’s strategic direction.
• Risk Management:Prudent risk management practices to maintain financial stability and regulatory compliance.

To gain more insights into the company's financial well-being, check this out: Breaking Down SB Financial Group, Inc. (SBFG) Financial Health: Key Insights for Investors

SB Financial Group, Inc. (SBFG) How It Makes Money

SB Financial Group, Inc. primarily generates revenue through its banking operations, including interest income from loans and investment securities, as well as non-interest income from services provided to customers.

SB Financial Group, Inc.'s Revenue Breakdown

SB Financial Group, Inc.'s Business Economics

SB Financial Group, Inc.'s profitability is influenced by several key economic factors and strategies:

• Interest Rate Spread: A significant portion of SB Financial Group, Inc.'s income comes from the spread between the interest earned on loans and the interest paid on deposits. Changes in prevailing interest rates can significantly impact this spread and, consequently, the net interest income.
• Loan Portfolio Composition: The types of loans SB Financial Group, Inc. holds (e.g., commercial, residential, agricultural) affect its risk profile and potential returns. A diversified loan portfolio can mitigate risks associated with economic downturns in specific sectors.
• Fee Income: SB Financial Group, Inc. generates non-interest income from various fees, including service charges, wealth management fees, and other transaction-based fees. Efforts to increase fee income can enhance overall profitability.
• Operating Efficiency: Managing operating expenses is crucial for maintaining profitability. SB Financial Group, Inc. focuses on improving efficiency through technology investments and process optimization.

SB Financial Group, Inc.'s Financial Performance

SB Financial Group, Inc.'s financial performance can be assessed through the following metrics:

• Net Interest Margin (NIM): NIM measures the difference between the interest income generated and the interest expenses paid, relative to the bank's interest-earning assets. A higher NIM indicates greater profitability from lending activities.
• Efficiency Ratio: This ratio measures operating expenses as a percentage of revenue. A lower efficiency ratio indicates better operational efficiency.
• Return on Assets (ROA): ROA measures how effectively SB Financial Group, Inc. is using its assets to generate profit. A higher ROA indicates better performance.
• Return on Equity (ROE): ROE measures the return generated for shareholders' equity. A higher ROE suggests that SB Financial Group, Inc. is effectively using shareholders' investments to generate profits.
• Credit Quality: Monitoring non-performing loans and the provision for credit losses is essential for assessing the health of SB Financial Group, Inc.'s loan portfolio. Lower levels of non-performing assets indicate better credit quality.

For more insights into SB Financial Group, Inc., check out this related article: Exploring SB Financial Group, Inc. (SBFG) Investor Profile: Who’s Buying and Why?

SB Financial Group, Inc. (SBFG) Market Position & Future Outlook

SB Financial Group, Inc. operates within a competitive financial services landscape, focusing on community banking and wealth management. As of April 2025, SBFG is navigating evolving market dynamics to solidify its position and pursue future growth opportunities. For insights into the company's guiding principles, see: Mission Statement, Vision, & Core Values of SB Financial Group, Inc. (SBFG).

Competitive Landscape

Opportunities & Challenges

Industry Position

SB Financial Group maintains a presence as a community-focused financial institution. The company emphasizes customer relationships and local market knowledge. Key aspects of their industry position include:

• Community Banking Focus: SBFG concentrates on serving individuals and small businesses within its geographic footprint.
• Relationship-Driven Approach: The bank prioritizes building long-term relationships with its customers through personalized service.
• Digital Adoption: SBFG is investing in digital technologies to enhance customer experience and streamline operations.