SB FINANCIAL GROUP, INC. (SBFG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 57.35% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
6.2M
Potential Supply
3.6M
Additional shares possible
Splits
None
Past 2 years

Summary

SBFG currently has 6.24M outstanding shares. with significant dilution risk as 3.58M authorized shares could dilute existing holders by 57.4%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 6.2M shares outstanding

6.2M 3.6M
Nov 06, 2025

10-Q filing | 6.3M shares outstanding

6.3M 3.5M
Aug 07, 2025

10-Q filing | 6.4M shares outstanding

6.4M 3.4M
May 08, 2025

10-Q filing | 6.5M shares outstanding

6.5M 3.3M
Mar 07, 2025

10-K filing | 6.7M shares outstanding

6.7M 3.2M
Dec 19, 2024

8-K filing: SB Financial Group, Inc. authorized a new share repurchase program for up to 500,000 common shares of the Company on December 18, 2024.

6.7M 3.2M
Nov 07, 2024

10-Q filing | 6.7M shares outstanding

6.7M 3.2M
Aug 08, 2024

10-Q filing | 6.7M shares outstanding

6.7M 3.1M
May 09, 2024

10-Q filing | 6.7M shares outstanding

6.7M 3.1M
Mar 08, 2024

10-K filing | 6.8M shares outstanding

6.8M 3M
Nov 09, 2023

10-Q filing | 6.8M shares outstanding

6.8M 3M
Aug 10, 2023

10-Q filing | 6.8M shares outstanding

6.8M 3M
May 11, 2023

10-Q filing | 6.9M shares outstanding

6.9M 2.9M
Mar 07, 2023

10-K filing | 7.0M shares outstanding

7M 2.8M
Dec 23, 2022

8-K filing: SB Financial Group, Inc. authorized a new share repurchase program for up to 500,000 common shares of the Company.

7M 2.8M
Nov 04, 2022

10-Q filing | 7.0M shares outstanding

7M 2.8M
Aug 05, 2022

10-Q filing | 0.3M shares outstanding

350K 9.5M
May 06, 2022

10-Q filing | 7.1M shares outstanding

7.1M 2.7M
Mar 07, 2022

10-K filing | 7.1M shares outstanding

7.1M 2.7M
Nov 05, 2021

10-Q filing | 7.0M shares outstanding

7M 2.9M
Aug 06, 2021

10-Q filing | 7.1M shares outstanding

7.1M 2.7M
May 28, 2021

8-K filing: SB Financial Group, Inc. completed a private placement of $20 million aggregate principal amount of its 3.65% Fixed-to-Floating Rate Subordinated Notices due 2031 and authorized a share repurchase program for up to 750,000 common shares.

7.3M 2.5M
May 07, 2021

10-Q filing | 7.3M shares outstanding

7.3M 2.5M
Mar 08, 2021

10-K filing | 7.6M shares outstanding

7.6M 2.2M
Nov 09, 2020

10-Q filing | 7.6M shares outstanding

7.6M 2.2M
Aug 25, 2020

S-3 filing: SB Financial Group, Inc. files an S-3 registration statement for the purpose of registering under the Securities Act of 1933, as amended. The securities include shares of Common Stock, Preferred Stock, Depositary Shares, Debt Securities, warrants to purchase Common Stock, Preferred Stock, Depositary Shares or Debt Securities, and units representing any combination of the foregoing securities for an aggregate initial offering price not to exceed $30,000,000.

7.7M 2.1M
Aug 10, 2020

10-Q filing | 7.7M shares outstanding

7.7M 0
Jul 21, 2020

8-K filing: On July 15, 2020, SB Financial Group, Inc., authorized a new share repurchase program for up to 500,000 common shares of the Company.

7.7M 0
May 07, 2020

10-Q filing | 7.7M shares outstanding

7.7M 0
Mar 06, 2020

10-K filing | 7.8M shares outstanding

7.8M 0
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