SB Financial Group, Inc. (SBFG) Balance Sheet
SBFG balance sheet, 2025
December 31, 2025 · U.S. dollars$1.55B assets = $1.40B liabilities + $141.2M equity
Both columns are drawn to the same scale: what SBFG owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SBFG financial health
Descriptive bands, not a rating. Fiscal 2025.
SBFG balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $816.0M2016 | $1.55B2025 | +7.4%/yr | |
| Total liabilities | $729.5M2016 | $1.40B2025 | +7.5%/yr | |
| Shareholders’ equity | $86.5M2016 | $141.2M2025 | +5.6%/yr | |
| Cash & short-term investments | $107.1M2016 | $146.2M2025 | +3.5%/yr | |
| Total debt | $33.8M2016 | $64.0M2025 | +7.3%/yr | |
| Net cash (debt) | $73.3M2016 | $82.2M2025 | +$8.9M | |
| Working capital | $681.5M2016 | −$1.17B2025 | −$1.8B | |
| Book value per share | $12.932016 | $22.112025 | +6.1%/yr | |
| Debt / equity | 0.392016 | 0.452025 | +0.06 | |
| Shares outstanding | 6.7M2016 | 6.4M2025 | −0.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SBFG assets
SBFG liabilities and equity
SBFG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SBFG balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $146.2M | $199.3M | $244.2M | $268.7M | $415.4M | $295.9M | $128.0M | $139.3M | $109.4M | $107.1M |
| Cash & equivalents | $72.7M | $27.5M | $24.5M | $29.9M | $152.2M | $146.5M | $27.1M | $48.4M | $26.6M | $17.0M |
| Short-term investments | $73.5M | $171.8M | $219.7M | $238.8M | $263.3M | $149.4M | $100.9M | $91.0M | $82.8M | $90.1M |
| Receivables | $5.5M | $4.9M | $4.7M | $4.1M | $2.9M | $3.8M | $3.1M | $1.9M | $1.8M | $1.5M |
| Inventory | $0 | $0 | −$27.6M | $777,000 | −$157.2M | −$150.3M | −$30.5M | $930,000 | $26,000 | $994,000 |
| Other current assets | $0 | $0 | $27.6M | $0 | $157.2M | $150.3M | $30.5M | $703.9M | $635.0M | $572.3M |
| Total current assets | $151.7M | $204.2M | $248.9M | $272.8M | $418.3M | $299.7M | $131.1M | $846.0M | $746.2M | $681.9M |
| Property, plant & equipment (net) | $21.7M | $20.5M | $21.4M | $22.8M | $23.2M | $23.6M | $23.4M | $22.1M | $21.3M | $19.1M |
| Goodwill & intangible assets | $42.4M | $38.1M | $37.1M | $36.7M | $35.2M | $29.9M | $28.8M | $27.8M | $26.3M | $24.8M |
| Long-term investments | $73.5M | $201.6M | $219.7M | $238.8M | $263.3M | $7.2M | $7.3M | $4.4M | $3.9M | $4.4M |
| Other non-current assets | $1.26B | $915.2M | $816.2M | $764.5M | $590.8M | $897.5M | $848.0M | $85.6M | $78.8M | $85.7M |
| Total assets | $1.55B | $1.38B | $1.34B | $1.34B | $1.33B | $1.26B | $1.04B | $985.9M | $876.6M | $816.0M |
| Liabilities | ||||||||||
| Accounts payable | $2.5M | $2.4M | $2.4M | $769,000 | $299,000 | $616,000 | $1.2M | $909,000 | $592,000 | $408,000 |
| Short-term debt | $9.2M | $10.6M | $13.4M | $14.9M | $15.3M | $22.7M | $20.9M | $15.2M | $22.1M | $23.5M |
| Deferred revenue | — | — | −$2.4M | — | — | −$22.1M | −$19.8M | −$14.3M | −$21.5M | −$23.1M |
| Total current liabilities | $1.32B | $1.17B | $1.09B | $1.10B | $1.13B | $616,000 | $1.2M | $909,000 | $592,000 | $408,000 |
| Long-term debt | $54.7M | $54.7M | $103.2M | $10.3M | $10.3M | $10.3M | $10.3M | $10.3M | $10.3M | $10.3M |
| Other long-term liabilities | $30.5M | $31.8M | $29.6M | $104.5M | $47.0M | $0 | $5.7M | $5.7M | $8.2M | $16.2M |
| Total liabilities | $1.40B | $1.25B | $1.22B | $1.22B | $1.19B | $1.11B | $902.5M | $855.5M | $782.6M | $729.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $61.3M | $61.3M | $61.3M | $61.3M | $54.5M | $54.5M | $54.5M | $40.5M | $12.6M | $12.6M |
| Retained earnings (deficit) | $126.3M | $116.2M | $108.5M | $102.0M | $99.7M | $84.6M | $72.7M | $64.0M | $55.4M | $46.7M |
| Treasury stock | — | — | — | −$27.8M | −$22.3M | −$13.2M | −$6.8M | −$2.7M | −$3.3M | −$2.1M |
| Accumulated other comprehensive income | −$21.5M | −$30.2M | −$29.8M | −$32.1M | −$1.8M | $2.2M | $659,000 | −$552,000 | −$118,000 | $51,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $141.2M | $127.5M | $124.3M | $118.4M | $144.9M | $142.9M | $136.1M | $130.4M | $94.0M | $86.5M |
| Key figures | ||||||||||
| Total debt | $64.0M | $65.3M | $116.6M | $94.5M | $40.4M | $33.0M | $31.3M | $25.5M | $32.4M | $33.8M |
| Net cash (debt) | $82.2M | $134.0M | $127.6M | $174.2M | $375.0M | $262.9M | $96.8M | $113.8M | $77.0M | $73.3M |
| Working capital | −$1.17B | −$961.4M | −$837.2M | −$829.5M | −$710.3M | $299.1M | $129.9M | $845.1M | $745.6M | $681.5M |
| Tangible book value | $98.8M | $89.4M | $87.2M | $81.7M | $109.7M | $113.1M | $107.2M | $102.7M | $67.7M | $61.7M |
| Book value per share | $22.11 | $19.09 | $17.98 | $16.82 | $19.36 | $17.83 | $16.33 | $16.09 | $14.10 | $12.93 |
| Shares outstanding | 6.4M | 6.7M | 6.9M | 7.0M | 7.5M | 8.0M | 8.3M | 8.1M | 6.7M | 6.7M |
| Current ratio | 0.12 | 0.18 | 0.23 | 0.25 | 0.37 | 486.56 | 110.09 | 930.70 | 1,260.54 | 1,671.33 |
| Quick ratio | 0.12 | 0.18 | 0.23 | 0.25 | 0.37 | 486.56 | 110.09 | 155.36 | 187.89 | 266.30 |
| Debt / equity | 0.45 | 0.51 | 0.94 | 0.80 | 0.28 | 0.23 | 0.23 | 0.20 | 0.34 | 0.39 |
| Equity / assets | 9.1% | 9.2% | 9.3% | 8.9% | 10.9% | 11.4% | 13.1% | 13.2% | 10.7% | 10.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $317.2M | $155.0M | $146.2M | $131.3M | $246.8M | $276.4M | $199.3M | $262.6M | $232.3M | $242.3M | $244.2M | $233.0M |
| Cash & equivalents | $138.2M | $128.3M | $72.7M | $87.0M | $81.0M | $106.7M | $27.5M | $51.1M | $24.4M | $29.0M | $24.5M | $20.2M |
| Short-term investments | $179.0M | $26.7M | $73.5M | $44.3M | $165.8M | $169.7M | $171.8M | $211.5M | $207.9M | $213.2M | $219.7M | $212.8M |
| Receivables | $5.5M | $5.5M | $5.5M | $5.5M | $5.3M | $5.1M | $4.9M | $4.8M | $4.8M | $4.6M | $4.7M | $4.5M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$26.8M | −$31.2M | −$27.6M | −$25.3M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26.8M | $31.2M | $27.6M | $25.3M |
| Total current assets | $143.6M | $160.5M | $151.7M | $136.8M | $252.1M | $281.4M | $204.2M | $267.4M | $237.1M | $246.8M | $248.9M | $237.5M |
| Property, plant & equipment (net) | $21.1M | $21.3M | $21.7M | $21.8M | $21.9M | $21.9M | $20.5M | $20.7M | $20.9M | $21.0M | $21.4M | $21.9M |
| Goodwill & intangible assets | $43.1M | $42.9M | $42.4M | $42.5M | $42.6M | $42.1M | $38.1M | $37.6M | $37.8M | $37.4M | $37.1M | $37.1M |
| Long-term investments | $41.0M | $26.7M | $73.5M | $44.3M | $196.0M | $199.7M | $201.6M | $211.5M | $207.9M | $213.2M | $219.7M | $212.8M |
| Other non-current assets | $1.37B | $1.35B | $1.26B | $1.25B | $973.7M | $955.8M | $915.2M | $856.7M | $838.6M | $817.5M | $816.2M | $817.2M |
| Total assets | $1.62B | $1.60B | $1.55B | $1.50B | $1.49B | $1.50B | $1.38B | $1.39B | $1.34B | $1.34B | $1.34B | $1.33B |
| Liabilities | ||||||||||||
| Accounts payable | $2.5M | $2.6M | $2.5M | $2.7M | $2.3M | $2.6M | $2.4M | $3.4M | $2.9M | $2.8M | $2.4M | $2.2M |
| Short-term debt | $6.7M | $9.4M | $9.2M | $11.0M | $15.6M | $11.1M | $10.6M | $15.2M | $15.2M | $12.9M | $13.4M | $16.5M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$2.9M | −$2.8M | −$2.4M | — |
| Total current liabilities | $6.7M | $1.38B | $1.32B | $1.28B | $1.27B | $1.28B | $1.17B | $1.18B | $1.13B | $1.13B | $1.09B | $1.10B |
| Long-term debt | $42.3M | $47.3M | $54.7M | $54.7M | $54.7M | $54.7M | $54.7M | $54.7M | $54.7M | $54.7M | $103.2M | $79.1M |
| Other long-term liabilities | $1.42B | $29.9M | $30.5M | $28.4M | $30.2M | $29.9M | $31.8M | $28.3M | $28.7M | $29.6M | $29.6M | $30.9M |
| Total liabilities | $1.47B | $1.46B | $1.40B | $1.36B | $1.35B | $1.37B | $1.25B | $1.26B | $1.22B | $1.21B | $1.22B | $1.21B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $61.3M | $61.3M | $61.3M | $61.3M | $61.3M | $61.3M | $61.3M | $61.3M | $61.3M | $61.3M | $61.3M | $61.3M |
| Retained earnings (deficit) | $133.1M | $129.6M | $126.3M | $123.4M | $120.3M | $117.4M | $116.2M | $113.5M | $112.1M | $109.9M | $108.5M | $105.5M |
| Accumulated other comprehensive income | −$21.9M | −$21.9M | −$21.5M | −$23.4M | −$25.5M | −$26.9M | −$30.2M | −$24.9M | −$31.8M | −$31.5M | −$29.8M | −$39.5M |
| Total shareholders' equity | $146.7M | $143.7M | $141.2M | $136.9M | $133.6M | $131.5M | $127.5M | $132.8M | $125.5M | $123.7M | $124.3M | $112.3M |
| Key figures | ||||||||||||
| Total debt | $59.3M | $56.7M | $64.0M | $65.7M | $70.4M | $65.8M | $65.3M | $69.9M | $69.8M | $67.6M | $116.6M | $95.6M |
| Net cash (debt) | $257.9M | $98.3M | $82.2M | $65.6M | $176.5M | $210.6M | $134.0M | $192.6M | $162.4M | $174.7M | $127.6M | $137.3M |
| Working capital | $136.9M | −$1.22B | −$1.17B | −$1.14B | −$1.02B | −$1.00B | −$961.4M | −$910.7M | −$896.2M | −$881.2M | −$837.2M | −$866.6M |
| Tangible book value | $103.6M | $100.8M | $98.8M | $94.4M | $91.0M | $89.4M | $89.4M | $95.2M | $87.7M | $86.3M | $87.2M | $75.2M |
| Book value per share | $23.59 | $23.01 | $22.54 | $21.70 | $20.69 | $20.23 | $19.32 | $19.90 | $18.73 | $18.40 | $18.15 | $16.33 |
| Shares outstanding | 6.2M | 6.2M | 6.3M | 6.3M | 6.5M | 6.5M | 6.6M | 6.7M | 6.7M | 6.7M | 6.9M | 6.9M |
| Current ratio | 21.33 | 0.12 | 0.12 | 0.11 | 0.20 | 0.22 | 0.18 | 0.23 | 0.21 | 0.22 | 0.23 | 0.22 |
| Quick ratio | 47.93 | 0.12 | 0.12 | 0.11 | 0.20 | 0.22 | 0.18 | 0.23 | 0.21 | 0.22 | 0.23 | 0.22 |
| Debt / equity | 0.40 | 0.39 | 0.45 | 0.48 | 0.53 | 0.50 | 0.51 | 0.53 | 0.56 | 0.55 | 0.94 | 0.85 |
| Equity / assets | 9.1% | 9.0% | 9.1% | 9.2% | 9.0% | 8.8% | 9.2% | 9.5% | 9.3% | 9.3% | 9.3% | 8.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 6, 2026); data from EODHD.
SBFG financial position
At the end of fiscal 2025 (December 31, 2025), SB Financial had total assets of $1.5 billion (up 12.0% from a year earlier), total liabilities of $1.4 billion and shareholders' equity of $141.2 million. It held $146.2 million in cash and short-term investments against $64.0 million of debt, a net cash position of $82.2 million. Its current ratio was 0.12. In the latest quarter (ended June 30, 2026) total assets were $1.6 billion and equity $146.7 million.
Related: SBFG income statement, SBFG cash flow statement, SBFG key metrics. See the SBFG stock overview for the latest quote and news.
SBFG balance sheet FAQ
What are SB Financial's total assets?
SB Financial reported total assets of $1.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.4 billion a year earlier.
How much debt does SB Financial have?
SB Financial had $64.0 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.45.
How much cash does SB Financial have?
SB Financial held $146.2 million in cash and short-term investments at the end of fiscal 2025; with $64.0 million of debt that is net cash of $82.2 million.
What is SB Financial's book value?
SB Financial's shareholders' equity (book value) was $141.2 million at the end of fiscal 2025, or $22.11 per share.
What is SB Financial's current ratio?
SB Financial had current assets of $151.7 million and current liabilities of $1.3 billion, a current ratio of 0.12 (current liabilities exceed current assets).
How much goodwill does SB Financial have?
SB Financial carried $42.4 million of goodwill and intangible assets, 2.7% of total assets, at the end of fiscal 2025.