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SB Financial Group ( (SBFG) ) just unveiled an announcement.
On January 17, 2025, SB Financial Group, Inc. announced the completion of its acquisition of Marblehead Bancorp, Inc., merging Marblehead Bank into State Bank. This transaction, valued at approximately $5 million, signifies a strategic expansion into Ottawa County, Ohio, strengthening SB Financial’s presence in Northwest Ohio and enhancing its capacity to deliver personalized financial services. The merger positions the company to better serve the Marblehead community with a broader array of financial products and services, managing approximately $1.4 billion in assets.
More about SB Financial Group
SB Financial Group, Inc., headquartered in Defiance, Ohio, is a diversified financial services holding company for The State Bank and Trust Company (State Bank) and SBFG Title, LLC dba Peak Title (Peak Title). State Bank offers a comprehensive range of financial services, including wealth management, mortgage banking, and commercial lending, across 25 offices in Ohio and Indiana, as well as six loan production offices in the Tri-State region. Peak Title provides title insurance and opinions in the same region, and SB Financial’s stock is listed on NASDAQ under ‘SBFG’.
YTD Price Performance: -2.17%
Average Trading Volume: 22,788
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $135M
For a thorough assessment of SBFG stock, go to TipRanks’ Stock Analysis page.
