Sector • Financial Industry • Regional Banks |
Industry • Regional Banks |
Sector • Financial |
The unpleasant -27.939 % drop in Revenues at SBFG in the fiscal second quarter of 2022
SBFG announced second quarter of 2022 operating income of $3.464 millions
Published Aug 07 2022
CSIMarket Team / CSIMarket.com
Revenues crumbled by -27.939 % to $14.27 millions from $19.80 millions in the corresponding quarter a year ago and sequentially Revenue decreased by -0.091 % from $14.28 millions.
Net income of $6.298 millions in the financial second quarter of 2022 fell by -11.06 % from $7.081 millions in the corresponding period a year before. Although operating margin fell to 24.28%, in the financial second quarter of 2022, the SBFGs' net margin actually improved to 44.15%.
Operating earnings, fell -61.03% to $3.464 millions, squeezing Sb Financial Group Inc 's operating margin to 24.28%, from 44.9% in the second quarter of 2021.
Sb Financial Group Inc is expected to report next financial earnings on May 05, 2023.
Other SBFG's news
SB Financial Group Inc Defies Revenue Slump in Q2, Demonstrates Remarkable Resilience
Declining Accounts Receivable Collection Spells Trouble for Sb Financial Group Inc in Q1 2023
Top and Bottom-line went down at the company in the July to September 30 2022 period
Top and Bottom-line fell at in the fiscal period ending September 30 2022
The unpleasant -27.939 % drop in Revenues at SBFG in the fiscal second quarter of 2022
Other SBFG's news
SB Financial Group Inc Defies Revenue Slump in Q2, Demonstrates Remarkable Resilience
Declining Accounts Receivable Collection Spells Trouble for Sb Financial Group Inc in Q1 2023
Top and Bottom-line went down at the company in the July to September 30 2022 period
Top and Bottom-line fell at in the fiscal period ending September 30 2022
The unpleasant -27.939 % drop in Revenues at SBFG in the fiscal second quarter of 2022