- SB Financial Group (NASDAQ: SBFG) joins the Russell 3000® and Russell 2000® indices.
- Membership provides enhanced visibility and potential growth within the investment community.
- FTSE Russell determines index membership based on market-capitalization and style attributes.
SB Financial Group, Inc. (NASDAQ: SBFG), a diversified financial services company, has announced its inclusion in the prestigious Russell 3000® and Russell 2000® indices. This development is part of the annual reconstitution of Russell US indices, which ranks the 4,000 largest US stocks by total market capitalization as of April 30. Membership in the Russell 3000® Index lasts for one year and includes automatic inclusion in the large-cap Russell 1000® Index or the small-cap Russell 2000® Index alongside the corresponding growth and value style indices.
"We are honored to be included in the Russell 3000 Index, a milestone that reflects the market’s recognition of the strength of our financial performance, the resilience of our business model, and the trust placed in us by our clients and shareholders," stated Mark A. Klein, Chairman, President and CEO of SB Financial Group. Klein highlighted that this inclusion broadens the company's visibility within the investment community and underscores its commitment to delivering consistent financial results and long-term value.
FTSE Russell, a global index leader and wholly owned by the London Stock Exchange Group, manages the Russell indices. The membership in these indices is determined primarily through objective market-capitalization rankings and style attributes, showcasing SB Financial Group’s market recognition and potential for increased visibility within the investment landscape.
Headquartered in Defiance, Ohio, SB Financial Group provides a full range of financial services, including community banking, mortgage banking, wealth management, private client, and title insurance services through its subsidiaries, The State Bank and Trust Company (State Bank) and SBFGTitle, LLC dba Peak Title. SB Financial Group's inclusion in these indices is a testament to its robust market presence and strategic growth initiatives.