SBFG Extraordinary Items vs Interest Income Analysis

SBFG Stock  USD 21.75  0.41  1.92%   
SB Financial financial indicator trend analysis is much more than just breaking down SB Financial Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SB Financial Group is a good investment. Please check the relationship between SB Financial Extraordinary Items and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SB Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Extraordinary Items vs Interest Income

Extraordinary Items vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SB Financial Group Extraordinary Items account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SB Financial's Extraordinary Items and Interest Income is -0.48. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Interest Income in the same time period over historical financial statements of SB Financial Group, assuming nothing else is changed. The correlation between historical values of SB Financial's Extraordinary Items and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of SB Financial Group are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Extraordinary Items i.e., SB Financial's Extraordinary Items and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Extraordinary Items

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from SB Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SB Financial Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SB Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, SB Financial's Tax Provision is most likely to decrease significantly in the upcoming years. The SB Financial's current Sales General And Administrative To Revenue is estimated to increase to 0.57, while Selling General Administrative is projected to decrease to roughly 19.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.0M5.2M18.9M9.7M
Depreciation And Amortization2.3M2.3M3.6M1.8M

SB Financial fundamental ratios Correlations

0.910.88-0.170.850.570.53-0.630.240.640.580.80.76-0.741.00.77-0.20.80.520.230.440.2-0.130.860.170.8
0.910.94-0.370.750.630.52-0.590.00.660.450.720.93-0.510.890.59-0.060.720.270.070.180.12-0.240.83-0.10.63
0.880.94-0.210.730.480.39-0.440.190.580.360.660.92-0.480.860.60.070.660.350.070.220.14-0.270.72-0.140.6
-0.17-0.37-0.210.09-0.81-0.370.080.41-0.660.170.1-0.35-0.27-0.140.27-0.240.10.630.560.680.510.3-0.390.660.09
0.850.750.730.090.450.47-0.760.20.40.820.960.65-0.930.850.95-0.450.960.780.60.720.5-0.030.760.50.91
0.570.630.48-0.810.450.63-0.47-0.220.820.30.410.51-0.330.560.32-0.070.41-0.07-0.12-0.15-0.11-0.260.72-0.20.46
0.530.520.39-0.370.470.63-0.4-0.010.350.290.450.35-0.430.530.44-0.180.450.160.360.030.30.070.570.050.48
-0.63-0.59-0.440.08-0.76-0.47-0.40.16-0.33-0.84-0.81-0.560.74-0.63-0.70.65-0.81-0.51-0.43-0.53-0.23-0.26-0.78-0.47-0.63
0.240.00.190.410.2-0.22-0.010.16-0.020.10.1-0.12-0.30.270.27-0.130.10.450.210.370.34-0.140.060.210.29
0.640.660.58-0.660.40.820.35-0.33-0.020.10.320.51-0.280.630.330.130.32-0.07-0.4-0.14-0.36-0.560.6-0.310.54
0.580.450.360.170.820.30.29-0.840.10.10.860.4-0.870.590.78-0.820.860.740.680.770.480.380.720.730.65
0.80.720.660.10.960.410.45-0.810.10.320.860.63-0.90.80.89-0.561.00.750.620.710.490.10.780.540.84
0.760.930.92-0.350.650.510.35-0.56-0.120.510.40.63-0.360.730.46-0.030.630.180.010.090.03-0.190.74-0.210.45
-0.74-0.51-0.48-0.27-0.93-0.33-0.430.74-0.3-0.28-0.87-0.9-0.36-0.76-0.970.61-0.9-0.89-0.71-0.86-0.55-0.14-0.66-0.74-0.91
1.00.890.86-0.140.850.560.53-0.630.270.630.590.80.73-0.760.78-0.220.80.540.250.470.21-0.120.860.20.81
0.770.590.60.270.950.320.44-0.70.270.330.780.890.46-0.970.78-0.450.890.870.660.810.530.040.620.640.93
-0.2-0.060.07-0.24-0.45-0.07-0.180.65-0.130.13-0.82-0.56-0.030.61-0.22-0.45-0.56-0.52-0.58-0.59-0.36-0.52-0.48-0.71-0.36
0.80.720.660.10.960.410.45-0.810.10.320.861.00.63-0.90.80.89-0.560.750.620.710.490.10.780.540.84
0.520.270.350.630.78-0.070.16-0.510.45-0.070.740.750.18-0.890.540.87-0.520.750.810.970.720.20.350.830.74
0.230.070.070.560.6-0.120.36-0.430.21-0.40.680.620.01-0.710.250.66-0.580.620.810.790.850.380.20.820.51
0.440.180.220.680.72-0.150.03-0.530.37-0.140.770.710.09-0.860.470.81-0.590.710.970.790.640.260.30.90.69
0.20.120.140.510.5-0.110.3-0.230.34-0.360.480.490.03-0.550.210.53-0.360.490.720.850.640.180.110.630.42
-0.13-0.24-0.270.3-0.03-0.260.07-0.26-0.14-0.560.380.1-0.19-0.14-0.120.04-0.520.10.20.380.260.180.090.46-0.26
0.860.830.72-0.390.760.720.57-0.780.060.60.720.780.74-0.660.860.62-0.480.780.350.20.30.110.090.150.63
0.17-0.1-0.140.660.5-0.20.05-0.470.21-0.310.730.54-0.21-0.740.20.64-0.710.540.830.820.90.630.460.150.5
0.80.630.60.090.910.460.48-0.630.290.540.650.840.45-0.910.810.93-0.360.840.740.510.690.42-0.260.630.5
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SB Financial Account Relationship Matchups

SB Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.3B1.3B1.3B1.3B814.0M
Total Stockholder Equity136.1M142.9M144.9M118.4M124.3M78.7M
Property Plant And Equipment Net23.4M23.6M23.2M22.8M21.4M16.9M
Net Debt(11.1M)(138.5M)(111.8M)64.6M78.7M82.7M
Retained Earnings72.7M84.6M99.7M102.0M108.5M113.9M
Cash27.1M146.5M152.2M29.9M23.0M34.8M
Non Current Assets Total153.2M202.8M321.7M46.1M278.2M152.1M
Non Currrent Assets Other(153.2M)(202.8M)(321.7M)(252.3M)(278.2M)(292.1M)
Other Assets754.3M755.3M590.8M1.0B1.0B747.3M
Cash And Short Term Investments128.0M295.9M415.4M268.7M23.0M21.8M
Net Receivables3.1M3.8M2.9M4.1M4.7M4.9M
Common Stock Shares Outstanding8.3M8.0M7.5M7.0M6.9M6.3M
Liabilities And Stockholders Equity1.0B1.3B1.3B1.3B1.3B814.0M
Other Stockholder Equity8.3M1.7M(7.4M)(12.7M)(15.6M)(14.9M)
Total Liab902.5M1.1B1.2B1.2B1.2B735.3M
Property Plant And Equipment Gross23.4M23.6M45.1M46.5M47.2M49.6M
Total Current Assets131.1M299.7M418.3M242.9M27.6M26.2M
Accumulated Other Comprehensive Income659K2.2M(1.8M)(32.1M)(29.8M)(28.3M)
Short Long Term Debt Total31.3M33.0M40.4M94.5M103.2M108.4M
Total Current Liabilities1.2M616K15.6M2.8M872.0M915.6M
Short Term Debt20.9M22.7M15.3M14.9M74.5M78.2M
Accounts Payable1.2M616K299K769K2.4M1.3M
Other Liab18.7M26.8M21.9M17.8M20.5M10.8M
Short Term Investments100.9M149.4M263.3M238.8M219.7M230.7M
Inventory(30.5M)(150.3M)(157.2M)777K(27.6M)(26.2M)
Treasury Stock(6.8M)(13.2M)(22.3M)(27.8M)(25.0M)(23.8M)
Property Plant Equipment23.4M23.6M23.2M22.8M26.3M18.2M
Other Current Liab(1.2M)(616K)(299K)(3.6M)(2.4M)(2.3M)
Good Will17.8M22.1M23.2M23.2M26.7M17.2M
Other Current Assets30.5M150.3M157.2M34.8M29.7M28.2M
Intangible Assets11.0M7.8M12.0M13.5M13.9M11.4M
Retained Earnings Total Equity72.7M84.6M99.7M102.0M117.3M123.1M
Net Tangible Assets118.3M120.8M121.7M95.2M109.5M89.2M
Capital Surpluse15.0M14.8M14.9M15.1M13.6M12.2M
Long Term Investments7.3M7.2M263.3M238.8M219.7M230.7M

Currently Active Assets on Macroaxis

When determining whether SB Financial Group is a strong investment it is important to analyze SB Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SB Financial's future performance. For an informed investment choice regarding SBFG Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SB Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SB Financial. If investors know SBFG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
0.55
Earnings Share
1.77
Revenue Per Share
8.433
Quarterly Revenue Growth
0.024
The market value of SB Financial Group is measured differently than its book value, which is the value of SBFG that is recorded on the company's balance sheet. Investors also form their own opinion of SB Financial's value that differs from its market value or its book value, called intrinsic value, which is SB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SB Financial's market value can be influenced by many factors that don't directly affect SB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if SB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.