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SB Financial Group (SB Financial Group) Retained Earnings : $109.94 Mil (As of Mar. 2024)


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What is SB Financial Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SB Financial Group's retained earnings for the quarter that ended in Mar. 2024 was $109.94 Mil.

SB Financial Group's quarterly retained earnings increased from Sep. 2023 ($105.52 Mil) to Dec. 2023 ($108.49 Mil) and increased from Dec. 2023 ($108.49 Mil) to Mar. 2024 ($109.94 Mil).

SB Financial Group's annual retained earnings increased from Dec. 2021 ($99.72 Mil) to Dec. 2022 ($101.97 Mil) and increased from Dec. 2022 ($101.97 Mil) to Dec. 2023 ($108.49 Mil).


SB Financial Group Retained Earnings Historical Data

The historical data trend for SB Financial Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SB Financial Group Retained Earnings Chart

SB Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.70 84.58 99.72 101.97 108.49

SB Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.55 103.73 105.52 108.49 109.94

SB Financial Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


SB Financial Group  (NAS:SBFG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


SB Financial Group (SB Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
401 Clinton Street, P.O. Box 467, Defiance, OH, USA, 43512
SB Financial Group Inc operates as a Holding Company of State Bank and RDSI/DCM. Its activities involve commercial banking, trust, and financial services. It offers a full-range of financial services for consumers and small businesses, including trust services, mortgage banking, wealth management services, commercial and agricultural lending. It accepts deposits, such as checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit. It earns revenue in the form of interest income.
Executives
Timothy J. Stolly director 700 BLUFF OAK TRAIL, LIMA OH 45807
Timothy L. Claxton director 327 BAROUCHE PL., FORT WAYNE IN 46845
Mark A Klein officer: CHAIRMAN, PRESIDENT & CEO 225 KETTENRING DRIVE, DEFIANCE OH 43512
William G Martin director 136 DEERFIELD CIRCLE, BRYAN OH 43506
Richard L Hardgrove director 1959 MARBLE CLIFF CROSSING CT., COLUMBUS OH 43204
Steven A. Walz officer: EVP OF SUBSIDIARY 324 NORTHWOOD DR., DEFIANCE OH 43512
George W Carter director 15316 RD 168, PO BOX 322, PAULDING OH 45879
Anthony Van Cosentino officer: EVP OF SUBSIDIARY 1600 BRIDGEWOOD COURT, DEFIANCE OH 43512
David A. Homoelle officer: REGIONAL PRESIDENT OF SUBSIDIA 903 GATEHOUSE LANE, COLUMBUS OH 43235
Keeta Jane Diller officer: EVP OF SUBSIDIARY 13801 FRUIT RIDGE ROAD, DEFIANCE OH 43512
Gaytan Garcia Juan Ernesto officer: EVP OF SUBSIDIARY 2103 SOUTH BROOKHILL LANE, CANTON MI 48188
Rita A Kissner director 135 BIEDE PLACE, DEFIANCE OH 43512
Tom R Helberg director 30600 N. PIMA RD., UNIT 50, SCOTTSDALE AZ 85266
Jonathan R. Gathman other: EVP OF SUBSIDIARY 703 BURNING TREE DRIVE, DEFIANCE OH 43512
Fawcett Jr Robert A director 172 EASTOWNE DRIVE, OTTAWA OH 45875