SB Financial Group, Inc. · NASDAQ:SBFG
SB Financial — Investor Presentation (April 2017)
69 slides from SB Financial's investor presentation, Apr 25, 2017
Slide 1: 2017 Investor Meeting
1 PRESENTATION NAME TO GO HERE 201 7 INVESTOR MEETING
Slide 2: Annual Meeting Agenda
6:30 pm Welcome Introductions SBFG Today/Tomorrow Capital Plan Regional Plans 7:30 pm Adjournment Conversation ANNUAL MEETING AGENDA 2
Slide 3: Business Overview: Building a High-Performance Company
B USINESS OVERVIEW BUILDING A HIGH - PERFORMANCE COMPANY 3
Slide 4: Safe Harbor Statement
SAFE HARBOR STATEMENT SB FINANCIAL GROUP Certain statements within this document, which are not statements of historical fact, constitute forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward - looking statements involve risks and uncertaint
Slide 5: Our Vision
OUR VISION COMMITMENT TO S TAKEHOLDERS PASSION FOR SERVICE Our Vision over the next three years is to become a high - performing ( > 90th percentile) $1 Billion, independent financial services company set apart by our staff and their passion for service, our holistic approach to client care, and our
Slide 6: Corporate Overview
KOSCIUSK O • NASDAQ: SBFG • Defiance , Ohio - Headquarters Since 1902 • Corporate Staff Members - 245 • Average Daily Volume for 2016 - 6,000 • Market Cap: $101 million ($16.05/share 12/31/2016 ) • 4.8 Million Common Shares; 1.4 Million shares of SBFGP CORPORATE OVERVIEW SB FINANCIAL GROUP 6 FULL SE
Slide 7: Our Organization & Leadership
OUR ORGANIZATION & LEADERSHIP CORPORATE LEADERSHIP • Mark Klein – Ch airman, President and CEO • Tony Cosentino – EVP and CFO • Keeta Diller – SVP, Corporate Secretary (Dir. of Operations – State Bank) REGIONAL /COMMERCIAL LEADERSHIP • Jon Gathman, EVP and Senior Lender • David Homoelle – Regional P
Slide 8: State Bank Business Line Leaders
STATE BANK BUSINESS LINE LEADERS SB FINANCIAL GROUP RETAIL BANKING COMMERCIAL Chris Jakyma – EVP Chief Wealth Management Officer David Bell – EVP Retirement Services Manager Charles Cammock – SVP Retirement Specialist Jake Oberlin - VP John Cates - A VP PRIVATE CLIENT GROUP Crystal Eller
Slide 9: Our Organization & Leadership: RDSI/DCM
OUR ORGANIZATION & LEADERSHIP RDSI/DCM LEADERSHIP • Mark Klein – Chairman, President and CEO • Gary Saxman, IT Technology Manager • Yvonne Swayze, VP - Operations • Bill Brandt, Sales SB FINANCIAL GROUP STATE BANK DCM 9
Slide 10: Unique Qualities
LEVERAG E OUR BUSINESS - LINE EXPERTISE • Retail/PCG • Commercial/SBA • Mortgage Banking • Wealth Management /Brokerage • Item Processing/Statement Production OPTIMIZ E OUR DELIVERY CHANNELS • Regional Sales Leadership • Business Line Strategic Plans SCALE OUR BRAND • Holistic Client Care BALANCE OU
Slide 11: Key Initiatives
Become a Top - Decil e , Independent Financial Services Company KEY INITIATIVES 11 Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational exce
Slide 12: High-Level Performance Drivers
HIGH - LEVEL PERFORMANCE DRIVERS SB FINANCIAL GROUP 12 2016 2015 SBA Volume $8 MM $9 MM $383 MM $323 MM Residential Volume Deposit Growth 15 % 6 % Loan Growth 16 % 8 % 45% 15% Net Income growth 1.06 % 1.11 % ROAA
Slide 13: Return on Average Assets (ROAA)
RETURN ON AVERAGE ASSETS (ROAA) SB FINANCIAL GROUP 0.00 0.25 0.50 0.75 1.00 1.25 2012 2013 2014 2015 2016 ROAA SBFG Peer Group 75th Percentile * Peer group consists of SNL 3Q 201 6 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $500 million and
Slide 14: High Performance Peer Banks
SB FINANCIAL GROUP 14 90 th Percentile Peer Banks with an ROAA >1% Peer Banks Above Median Peer Banks – Assets between $.5B and $1.2B HIGH PERFORMANCE 7 Institutions (Including SBFG) 10 Institutions 33 Institutions 65 Institutions
Slide 15: Key Initiatives
Become a Top - Dec ile , Independent Financial Services Company KEY INITIATIVES 15 Sustain asset quality Expand product service utilization by new and existing customers Strengthen penetration in all markets served Deliver gains in operational excellence Increase profitability through ongoing divers
Slide 16: Increase Profitability: Revenue and Net Income
INCREASE PROFITABILITY $35.6 $34.9 $33.8 $39.1 $43.7 $4.8 $5.2 $5.3 $7.6 $8.8 $0 $1 $2 $3 $4 $5 $6 $7 $8 $9 $10 $0 $5 $10 $15 $20 $25 $30 $35 $40 $45 $50 2012 2013 2014 2015 2016 NET INCOME (MIL) REVENUE (MIL) REVENUE/NET INCOME SBA RDSI Mortgage Service Charges Wealth Managem ent Net Interest Margi
Slide 17: Increase Profitability: Non-Interest Income
• Non - Interest Income to Total Revenue at 4 1 % (95 th Percentile) - Peer Median * 20 % - Top Quartile * 2 4 % INCREASE PROFITABILITY 201 6 NON - INTEREST INCOME $ 17.9 MILLION 50% 15% 15% 5% 4% 11% Mortgage Banking Service Fees Wealth Management Item Processing SBA Other THROUGH DIVERSIFICATION O
Slide 18: Mortgage Volume and Gain on Sale
INCREASE PROFITABILITY $333 $249 $220 $323 $383 $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $0 $1 $2 $3 $4 $5 $6 $7 2012 2013 2014 2015 2016 MORTGAGE VOLUME (MIL) MORTGAGE GAIN ON SALE (MIL) MORTGAGE GAIN ON SALE/VOLUME NW Ohio Columbus Findlay Total $ Originations THROUGH DIVERSIFICATION OF REVE
Slide 19: SBA Gain on Sale
INCREASE PROFITABILITY $0.8 $3.3 $2.4 $7.5 $6.4 $0 $1 $2 $3 $4 $5 $6 $7 $8 $0.0 $0.2 $0.4 $0.6 $0.8 $1.0 2012 2013 2014 2015 2016 SOLD VOLUME (MIL) GAIN ON SALE (MIL) SBA GAIN ON SALE SBA Gains Loan Volume THROUGH DIVERSIFICATION OF REVENUE STREAMS 19
Slide 20: Increase Profitability
20 INCREASE PROFITABILITY • Expand Residential Real Estate Lending • Retain Servicing/Build Portfolio • Leverage SBA Business Line Expertise • Build Wealth Management Bench THROUGH DIVERSIFICATION OF REVENUE STREAMS
Slide 21: Key Initiatives
Strengthen penetration in all markets served Increase profitability through ongoing diversification of revenue streams Sustain asset quality Deliver gains in operational excellence Expand product service utilization by new and existing customers Become a Top - Deci le, Independent Financial Services
Slide 22: Strengthen Market Penetration in All Markets Served
STRENGTHEN MARKET PENETRATION IN ALL MARKETS SERVED Toledo 27% Columbus 2 4 % Ft. Wayne 13 % 22 Defiance 9% Findlay 154 %
Slide 23: Balance Sheet Strength & Diversity
Loans (Net) 79% Securities 12% Cash & Due 2% Other 7% STRENGTHEN MARKET PENETRATION TOTAL ASSETS = $ 816 MILLION LOAN PORTFOLIO = $ 644 MILLION Loan to Deposit December 201 6 – 9 6 % Top Quartile Performance Commercial RE 44% HELOC 7% 1 - 4 Family 22% Agriculture 8% C&I 17% Consumer & Other 2% BALAN
Slide 24: Deposit Mix: Strong Local Presence
Borrowings 6% Deposits 82% Capital 11% Other 1% STRENGTHEN MARKET PENETRATION DEPOSIT PORTFOLIO = $673 MILLION Time 29% MMDA 18% Savings 14% NOW 20% Non - Interest 19% Data as of 12/31/201 6 Transactional deposits = 7 1 % of total deposits Weighted average cost of deposits = 4 0 bps DEPOSIT MIX: STR
Slide 25: Strengthen Market Penetration: Goal is $1 Billion
25 STRENGTHEN MARKET PENETRATION Goal is $1 Billion (Scale) • Expand “in - market” presence/resources • Organic entrance into contiguous “urban” markets • M&A opportunities • Household growth via Residential Business Line IN ALL MARKETS SERVED
Slide 26: Key Initiatives
Expand product service utilization by new and existing customers Increase profitability through ongoing diversification of revenue streams Sustain asset quality Deliver gains in operational excellence Strengthen penetration in all markets served Become a Top - Dec ile , Independent Financial Service
Slide 27: Products and Households
EXPAND PRODUCT U TILIZATION BY NEW AND EXISTING CUSTOMERS 71,240 73,665 75,756 75,154 76,847 80,573 24,012 24,659 25,490 25,381 26,076 27,368 '- 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 '- 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 2011 2012 2013 2014 2015 2016 HOUSEHOLDS
Slide 28: Employee Participation: Referrals and New Business
EXPAND PRODUCT U TILIZATION BY NEW AND EXISTING CUSTOMERS 2,328 2,158 2,683 1,920 2,182 2,416 839 954 1,100 909 1,099 1,140 $64.9 $78.3 $60.0 $48.8 $61.9 $103.5 $0 $20 $40 $60 $80 $100 $120 0 700 1,400 2,100 2,800 3,500 2011 2012 2013 2014 2015 2016 NEW BUSINESS (MIL) REFERRALS REFERRALS/NEW BUSINES
Slide 29: Expand Product Utilization
29 EXPAND PRODUCT UTILIZATION More and Deeper Relationships (Scope) • Clients “for life” • Business Lines working “Interdependently” • Retail “on - boarding” Process • Holistic Client Care
Slide 30: Key Initiatives
Become a Top - Dec ile , Independent Financial Services Company KEY INITIATIVES 30 Deliver gains in operational excellence Increase profitability through ongoing diversification of revenue streams Sustain asset quality Expand product service utilization by new and existing customers Strengthen penet
Slide 31: Electronic vs In-Store Transactions
• Acceleration of electronic transactions versus in - store transactions DELIVER GAINS IN OPERATIONAL EXCELLENCE 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 2009 2010 2011 2012 2013 2014 2015 2016 ELECTRONIC TRANSACTIONS PER YEAR (MIL) ELECTRONIC TRANSACTI
Slide 32: Mortgage Servicing Portfolio
DELIVER GAINS IN OPERATIONAL EXCELLENCE $528 $606 $666 $773 $900 3,988 4,549 4,950 5,632 6,414 0 1,500 3,000 4,500 6,000 7,500 $0 $200 $400 $600 $800 $1,000 2012 2013 2014 2015 2016 NUMBER OF LOANS $ OF LOANS ($MIL) MORTGAGE SERVICING PORTFOLIO Servicing Portfolio Number of Loans Serviced 32
Slide 33: Operations as a Competitive Advantage
33 DELIVER GAINS IN OPERATIONAL EXCELLENCE Operations as a Competitive Advantage • Client Contact Preference • Transactions/Interactions • Benchmark “High - Performing Bank” metrics • Technology Deployment (24/7) • Inspect/Expect
Slide 34: Key Initiatives
Increase profitability through ongoing diversification of revenue streams Deliver gains in operational excellence Expand product service utilization by new and existing customers Strengthen penetration in all markets served Sustain asset quality Become a Top - Dec ile , Independent Financial Service
Slide 35: Sustain Asset Quality: Non-Performing Assets
SUSTAIN ASSET Q UALITY 1.60 1.40 1.14 0.92 1.15 0.65 2.66 2.77 2.26 1.91 1.41 1.26 1.88 1.69 1.40 1.26 1.07 0.76 0.00 0.70 1.40 2.10 2.80 3.50 2011 2012 2013 2014 2015 2016 PERCENTAGE NON - PERFORMING ASSETS / TOTAL ASSETS SBFG Peer Group Median* Top Quartile* 2016 - 87th Percentile * Peer group con
Slide 36: Sustain Asset Quality: Net Charge-Offs
SUSTAIN ASSET Q UALITY * Peer group consists of SNL 3Q 201 6 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $500 million and $1. 2 billion. 0.00% 0.23% 0.45% 0.68% 0.90% 2011 2012 2013 2014 2015 2016 NCOs/AVG. LOANS SBFG Peer Median* Top Quarti
Slide 37: Sustain Asset Quality: Solid Foundation
37 SUSTAIN ASSET QUALITY Solid Foundation • Experienced Lenders/Shared Values • Conscious Prospecting • Robust Loan Reviews • Decisive Collections
Slide 38: Key Initiatives
Become a Top - Dec ile , Independent Financial Services Company KEY INITIATIVES 38 Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational exce
Slide 39: Anthony V. Cosentino – EVP & CFO
ANTHONY V. COSENTINO – EVP & CFO SB FINANCIAL GROUP, INC. 39
Slide 40: Our Vision
OUR VISION COMMITMENT TO S TAKEHOLDERS PASSION FOR SERVICE Our Vision over the next three years is to become a high - performing ( > 90th percentile) $1 Billion, independent financial services company set apart by our staff and their passion for service, our holistic approach to client care, and our
Slide 41: Top-Quartile Performance Metrics
TOP - QUARTILE PERFORMANCE METRICS * Peer group consists of SNL 3Q 201 6 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $500 million and $1. 2 billion. ** SBFG adjusted for preferred conversion Peer Group Top Quartile* 2016 Peer Group Median* 2
Slide 42: Key Initiatives
Become a Top - Dec ile , Independent Financial Services Company KEY INITIATIVES 42 Sustain asset quality Expand product service utilization by new and existing customers Strengthen penetration in all markets served Deliver gains in operational excellence Increase profitability through ongoing divers
Slide 43: Health of the Banking Industry
HEALTH OF THE BANKING INDUSTRY 43
Slide 44: Fee Income to Total Revenue
INCREASE PROFITABILITY THROUGH DIVERSIFICATION OF REVENUE STREAMS 44 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 2012 2013 2014 2015 2016 Peer Median* Peer Top Quartile* SBFG FEE INCOME/TOTAL REVENUE (%) 2016 - 94th Percentile
Slide 45: Revenue from Sale of Loans
INCREASE PROFITABILITY THROUGH DIVERSIFICATION OF REVENUE STREAMS 45 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 2012 2013 2014 2015 2016 RRE SBA FSA Revenue from Sale of Loans Revenue ($000’s) $6,549 $5,651 $4,548 $7,210 $9,151
Slide 46: Wealth Management Revenue
INCREASE PROFITABILITY $2.62 $2.74 $2.61 $2.68 $2.71 $2.35 $2.40 $2.45 $2.50 $2.55 $2.60 $2.65 $2.70 $2.75 $2.80 2012 2013 2014 2015 2016 TOTAL REVNUE ($MIL) Wealth Management Revenue Wealth Management Brokerage Total Revenue THROUGH DIVERSIFICATION OF REVENUE STREAMS 46
Slide 47: Key Initiatives
Strengthen penetration in all markets served Increase profitability through ongoing diversification of revenue streams Sustain asset quality Deliver gains in operational excellence Expand product service utilization by new and existing customers Become a Top - Deci le, Independent Financial Services
Slide 48: Loan and Deposit Portfolio by Region
STRENGTHEN MARKET PENETRATION LOAN PORTFOLIO PERCENTAGE BY REGION DEPOSIT PORTFOLIO PERCENTAGE BY REGION Columbus 4 % BALANCE SHEET STRENGTH & DIVERSITY 48 Fulton/ Williams 11% Ft. Wayne 7% Findlay, 5% Lima 4% Defiance/ Paulding 29 % Columbus 24 % Toledo 20% Defiance/ Paulding 42 % Toledo 19% Ft. Wa
Slide 49: Growth Markets Loan Growth by Region
STRENGTHEN MARKET PENETRATION BALANCE SHEET STRENGTH & DIVERSITY 49 Columbus 24 % Defiance/ Paulding 42 % 0% 5% 10% 15% 20% 25% 30% 35% 40% 2012 2013 2014 2015 2016 COLUMBUS TOLEDO FT. WAYNE GROWTH MARKETS LOAN GROWTH BY REGION Findlay 154%
Slide 50: Legacy Markets Loan Growth by Region
STRENGTHEN MARKET PENETRATION BALANCE SHEET STRENGTH & DIVERSITY 50 Columbus 24 % Defiance/ Paulding 42 % 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 2012 2013 2014 2015 2016 Defiance/Paulding Lima Fulton/Williams LEGACY MARKETS LOAN GROWTH BY REGION
Slide 51: Key Initiatives
Expand product service utilization by new and existing customers Increase profitability through ongoing diversification of revenue streams Sustain asset quality Deliver gains in operational excellence Strengthen penetration in all markets served Become a Top - Dec ile , Independent Financial Service
Slide 52: Expand Product Utilization: Closed Referrals
EXPAND PRODUCT U TILIZATION BY NEW AND EXISTING CUSTOMERS Increase in total number of products from 2011 to 201 6 - - 13 % Increase of households from 2011 to 201 6 — 14 % 52 $78.3 $60.0 $48.8 $61.9 $103.5 $0 $20 $40 $60 $80 $100 $120 2012 2013 2014 2015 2016 Closed Referrals ($MIL) Referral Busines
Slide 53: Key Initiatives
Become a Top - Dec ile , Independent Financial Services Company KEY INITIATIVES 53 Deliver gains in operational excellence Increase profitability through ongoing diversification of revenue streams Sustain asset quality Expand product service utilization by new and existing customers Strengthen penet
Slide 54: Mortgage Servicing Portfolio and Income
DELIVER GAINS IN OPERATIONAL EXCELLENCE $528 $606 $666 $773 $900 $1,149 $1,444 $1,577 $1,793 $2,079 0 500 1,000 1,500 2,000 2,500 $0 $200 $400 $600 $800 $1,000 2012 2013 2014 2015 2016 REVENUE ($000’s) $ OF LOANS ($MIL) MORTGAGE SERVICING PORTFOLIO Servicing Portfolio Income from Servicing 54
Slide 55: Net Non-Interest Expense vs Peers
DELIVER GAINS IN OPERATIONAL EXCELLENCE 55 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 2012 2013 2014 2015 2016 SBFG Peer Median* Peer Top Quartile* * Peer group consists of SNL 3Q 201 6 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $500 million and $
Slide 56: Key Initiatives
Increase profitability through ongoing diversification of revenue streams Deliver gains in operational excellence Expand product service utilization by new and existing customers Strengthen penetration in all markets served Sustain asset quality Become a Top - Dec ile , Independent Financial Service
Slide 57: Sustain Asset Quality: Loan Loss Reserve
SUSTAIN ASSET Q UALITY * Peer group consists of SNL 3Q 201 6 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $500 million and $1. 2 billion. 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 2012 2013 2014 2015 2016 Loan Loss Reserve (%) SBFG Peer Median* Top
Slide 58: NPA Coverage Ratio
SUSTAIN ASSET Q UALITY 0% 20% 40% 60% 80% 100% 120% 140% 160% 180% 200% 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 1.60% 2012 2013 2014 2015 2016 NPA's Coverage Ratio 58 NON PERFORMING ASSETS COVERAGE RATIO NPAs/COVERAGE RATIO 2016 - 76th Percentile
Slide 59: Classified Loans and Loan Growth
SUSTAIN ASSET Q UALITY 59 $20.8 $13.9 $39.0 $41.3 $86.8 $0 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 2012 2013 2014 2015 2016 $0 $2 $4 $6 $8 $10 $12 Chart Title Classified Loans Loan Growth Classified Loans ($MIL) Loan Growth ($MIL) CLASSIFIED LOANS/ LOAN GROWTH
Slide 60: Key Initiatives
Become a Top - Dec ile , Independent Financial Services Company KEY INITIATIVES 60 Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational exce
Slide 61: Capital Performance: Stock Composition and Ownership
CAPITAL PERFORMANCE 61 CAPITAL STOCK COMPOSITION OWNERSHIP SUMMARY Fully Converted Tangible Book Value 12/31/16 Tangible Common Equity (000’s) 56,143 Shares Outstanding (12/31/16) 4,844,079 Tangible BV P/S $11.59 P/TBV at $18.00 Stock Price 155% Convertible Preferred 13,983 Pro Forma TCE (000’s) 70,
Slide 62: Capital Market Opportunity
CAPITAL MARKET OPPORTUNITY 62 • Capital markets are active for community banks • Excellent time for SBFG to raise capital • Increased institutional ownership will help to increase liquidity • Need to fund organic growth and to build a currency for M&A • Future milestones include preferred conversion
Slide 63: Capital Performance: Valuation and Tangible Book Value
CAPITAL PERFORMANCE 63 0% 136% 185% 241% 211% 101% 125% 139% 139% 102% 0% 50% 100% 150% 200% 250% 300% <$500M $500M-$1B $1B-$5B $5B-$10B $10+B Median - Price/Tangible Book NYSE & NASDAQ OTC MKTs By Asset Size 25.9x 21.5x 18.8x 18.8x 18.5x 22.8x 16.0x 14.5x 13.1x 11.8x 0x 5x 10x 15x 20x 25x 30x 0.25%
Slide 64: Mark A. Klein – Chairman, President and CEO
MARK A. KLEIN – CHAIRMAN, PRESIDENT AND CEO SB FINANCIAL GROUP, INC. 64
Slide 65: Stock Performance: Total Return
STOCK PERFORMANCE 65 Other Retail Ownership, 60% Institutional Ownership, 28% 0.00% 100.00% 200.00% 300.00% 400.00% 500.00% 600.00% 700.00% 2011 2012 2013 2014 2015 2016 Total Return Performance SB Financial Group, Inc. NASDAQ Composite SNL U.S. Bank NASDAQ 550% TSR 35% CAGR
Slide 66: SBFG Trading Activity and Historical Stock Performance
17.92 0 18,000 36,000 54,000 72,000 90,000 5.00 8.00 11.00 14.00 17.00 20.00 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 SBFG Trading Activity SBFG Historical Stock Performance Data as of March 8, 2017 Source: SNL Financial, FIG Partners 1 Year Return:
Slide 67: Stock Performance vs Broad Market
STOCK PERFORMANCE 67 Other Retail Ownership, 60% Institutional Ownership, 28% 1st Half 2016 2nd Half 2016 Full Year 2016 Since Election By Broad Market SBFG (2.4%) 47.7% 44.1% 40.1% S&P 500 2.7% 6.7% 9.5% 10.9% DJIA 2.9% 10.2% 13.4% 7.8% NASDAQ (3.3%) 11.2% 7.5% 12.9% Russell 3000 2.5% 7.7% 10.4% 11
Slide 68: Stock Performance: Market Cap and Multiples
STOCK PERFORMANCE 68 Tangible Common Equity, $56,143, 70% Other Retail Ownership, 60% Institutional Ownership, 28% 12/31/16 03/31/17 Shares Outstanding 4,844,000 4,857,000 Market Cap $77.7 MM $81.2 MM Stock Price $16.05 $16.72 TTM EPS 1.38 1.43 PE Multiple 11.6 11.7 Median Publically Traded Ohio Ban
Slide 69: Mark A. Klein and Anthony V. Cosentino
MARK A. KLEIN\ – CHAIRMAN, PRESIDENT AND CEO ANTHONY V. COSENTINO – EVP & CFO SB FINANCIAL GROUP, INC. 69
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