SB Financial Group, Inc. Named to KBW 2022 Annual Banking Honor Roll for Second Consecutive Year

DEFIANCE, Ohio, May 6, 2022 /PRNewswire/ — SB Financial Group, Inc. (NASDAQ: SBFG) (“SB Financial” or the “Company”), a diversified financial services company offering comprehensive community banking, mortgage banking, wealth management, private client services and title insurance, has announced today that she has been named to the 2022 Keefe, Bruyette & Woods, Inc. “Bank’s Honor Roll” of Top Performers. This is the second year in a row that SB Financial Group, Inc. has won this distinction.

KBW, a full-service investment bank and broker specializing in the financial services industry, found that 17 banking institutions, or just 5% of all banks surveyed, were eligible to appear on its banking honor roll in 2022. Of note, Honor Roll winners are publicly traded banking institutions with more than $500 million of total assets that have consistently posted increases in earnings per share over the past decade.

“We continue to deliver on our vision to remain a high-performing community bank, and this recognition highlights the performance we have delivered to our stakeholders over the past decade,” said Mark Klein, Chairman, President and CEO of SB Financial. “However, the backbone of this success is our passionate and caring staff who serve each of our clients as if they were the only ones. When we combine this level of care with the focus on the unique balance of our parties’ needs stakeholders, including our owners, customers, staff and communities, are showing breakthrough results; we are grateful for the support we receive from everyone.”

“The U.S. economy rebounded in 2021 as COVID-19 vaccinations became widely available and proved to be highly effective,” said Thomas B. Michaud, Chairman and CEO of KBW. “Banks have benefited from the recovery of the economy and the credit risk overhang has been removed, supporting both earnings growth and the outperformance of bank stocks. KBW Bank’s honor roll features the best best-in-class banking institutions that deliver consistent growth to their investors. These banks are also rewarded by the market and receive premium valuation multiples.”

About SB Financial Group
Based at Challenge, Ohio, SB Financial is a diversified financial services holding company for State Bank & Trust Company (State Bank) and SBFG Title, LLC dba Peak Title (Peak Title). State Bank offers a full range of consumer and small business financial services, including wealth management, private client services, mortgage banking, and commercial and agricultural loans, operating through a total of 23 offices; 22 of nine Ohio counties and one in Fort Wayne, Indiana, and 24 full-service ATMs. State Bank has five loan origination offices located in the Tri-State area of Ohio, Indiana and Michigan. Peak Title provides title insurance and opinions throughout the tri-state area. SB Financial’s common stock trades on the NASDAQ Capital Market under the symbol “SBFG”.

In April 2022, SB Financial has been named to Keefe, Bruyette & Woods, Inc.’s “Banking Honor Roll” of top performers who have consistently reported increased earnings per share over the past decade. The Honor Roll review determined that only 17 banks in the United States, including SB Financial, or 5% of all banks reviewed, were eligible for inclusion.

About KBW
KBW (Keefe, Bruyette & Woods, Inc., operating in the United States, and Stifel Nicolaus Europe Limited, also operating as Keefe, Bruyette & Woods Europe, operating in Europe) is a Stifel company. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance industries. Founded in 1962, the firm maintains leadership positions in research, corporate finance, mergers and acquisitions, and the sale and trading of equity securities of financial services companies.

Investor contact details:

Mark A. Klein
chairman, president and
Chief executive officer
[email protected]

Anthony V. Cosentino
Executive Vice President and
Financial director
[email protected]

SOURCESB Financial Group, Inc.


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