Item 8.01. Other Events.

Defiance, OH, January 10, 2022 - SB Financial Group, Inc. (NASDAQ: SBFG) ("SB Financial") announced today that its board of directors has declared a 5 percent common stock dividend payable on February 4, 2022, to shareholders of record as of January 21, 2022. Holders of SB Financial common shares as of the record date will receive one additional common share for every twenty common shares held on the record date. No fractional shares will be issued, and shareholders will receive cash for such fractional interests based on the market value of SB Financial's common shares on the record date.

The information on this item 7.01, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that Section, nor shall such information be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act of 1933 (the "Securities Act") or the Exchange Act, except as otherwise stated in such filing.

Item 9.01. Financial Statements and Exhibits.





(a) Not Applicable



(b) Not Applicable



(c) Not Applicable



(d) Exhibits



Exhibit No.   Description
99.1            Press release issued by SB Financial Group, Inc. on January 10, 2022,
              announcing a 5 percent stock dividend.




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