SB Financial Group, Inc. (FRA:9KH)

SB Financial Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	61.22	57.36	51.89	38.57	38.17	39.97
Interest Income on Investments	8.02	6.99	6.26	6	3.74	2.66
Total Interest Income	69.23	64.35	58.15	44.57	41.9	42.64
Interest Paid on Deposits	21.69	21.04	14.71	3.48	3.13	6.07
Interest Paid on Borrowings	3.06	3.39	4.17	1.69	0.89	0.64
Total Interest Expense	24.74	24.43	18.88	5.17	4.02	6.71
Net Interest Income	44.49	39.92	39.27	39.4	37.88	35.93
Net Interest Income Growth (YoY)	17.21%	1.65%	-0.32%	4.00%	5.44%	3.17%
Trust Income	3.52	3.51	3.53	3.73	3.81	3.25
Gain (Loss) on Sale of Investments	-	-	1.45	-	-	-
Other Non-Interest Income	9.27	8.76	8.75	8.36	6.03	4.63
Total Non-Interest Income	17.84	16.98	17.77	16.95	27.26	33.68
Non-Interest Income Growth (YoY)	-0.33%	-4.47%	4.83%	-37.82%	-19.06%	76.25%
Revenues Before Loan Losses	62.33	56.9	57.04	56.35	65.15	69.61
Provision for Loan Losses	1.11	0.12	0.32	-	1.05	4.5
Revenue	61.23	56.77	56.73	56.35	64.1	65.11
Revenue Growth (YoY)	9.45%	0.08%	0.67%	-12.08%	-1.56%	22.54%
Salaries and Employee Benefits	25.18	23.7	22.73	24.19	26.56	25.35
Occupancy Expenses	2.89	2.68	2.91	2.8	2.86	2.71
Selling, General & Administrative	14.45	12.97	12.34	11.91	11.8	11.92
Other Non-Interest Expense	3.74	3.61	3.98	3.42	3.59	3.11
Total Non-Interest Expense	46.27	42.96	41.96	42.31	44.81	43.09
EBT Excluding Unusual Items	14.96	13.82	14.77	14.04	19.29	22.03
Asset Writedown	-0.01	0.04	-0.05	1.28	3.44	-3.59
Pretax Income	14.95	13.86	14.72	15.32	22.72	18.44
Income Tax Expense	2.95	2.39	2.62	2.8	4.45	3.5
Net Income	12	11.47	12.1	12.52	18.28	14.94
Preferred Dividends & Other Adjustments	0.03	0.03	0.03	0.03	0.02	0.02
Net Income to Common	11.97	11.44	12.07	12.49	18.26	14.93
Net Income Growth	-0.43%	-5.17%	-3.40%	-31.49%	22.30%	24.81%
Basic Shares Outstanding	7	7	7	7	7	8
Diluted Shares Outstanding	7	7	7	7	7	8
Shares Change (YoY)	-3.28%	-3.43%	-2.27%	-5.46%	-6.61%	-3.78%
EPS (Basic)	1.83	1.72	1.77	1.78	2.45	1.87
EPS (Diluted)	1.83	1.72	1.75	1.77	2.44	1.87
EPS Growth	2.60%	-1.88%	-1.13%	-27.40%	30.61%	30.08%
Dividend Per Share	0.580	0.560	0.520	0.480	0.419	0.381
Dividend Growth	7.41%	7.69%	8.33%	14.56%	9.97%	11.11%
Effective Tax Rate	19.73%	17.22%	17.82%	18.25%	19.57%	18.95%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.