SB Financial Group (SBFG) investor relations material

Executive summary

• Achieved strong execution and balanced performance across all business lines, with consistent profitability for 62 consecutive quarters.

• Net income for Q2 2026 was $4.5 million, up 16.7% year-over-year, with diluted EPS of $0.72, a 20% increase from Q2 2025.

• Diversified revenue model supported by organic loan growth, stable net interest income, expanded non-interest fee revenue, and disciplined expense management.

• Marblehead acquisition continues to contribute significantly to funding base and franchise stability.

• Operating revenue for Q2 2026 increased 4.5% year-over-year to $17.9 million, driven by higher net interest income.

Financial highlights

• Total loans reached $1.19 billion, up 8.7% year-over-year and 0.71% sequentially.

• Total deposits climbed to $1.39 billion, an 11.3% increase year-over-year and 1.4% sequentially.

• Tangible book value per share rose 16% year-over-year to $19.04; adjusted tangible book at $22.57.

• Net interest income for Q2 2026 was $13.0 million, up 6.8% year-over-year; net interest margin at 3.43%.

• Total operating revenue grew 4.5% year-over-year to $17.9 million.

Outlook and guidance

• Expecting loan growth of $50–$70 million in the second half, with a more balanced geographic contribution.

• Net interest margin projected to stabilize or slightly increase in the 3.45–3.55% range.

• Deposit growth anticipated at 3–5% per quarter, even after normalizing for a $40 million expected outflow.

• Mortgage originations expected to reach $130–$180 million for the year, depending on rate environment.

• Management expects to maintain positive operating leverage and long-term value creation, supported by strong capital ratios and disciplined credit administration.