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Side-by-side financial comparison of Bon Natural Life Ltd (BON) and SB FINANCIAL GROUP, INC. (SBFG). Click either name above to swap in a different company.

SB FINANCIAL GROUP, INC. is the larger business by last-quarter revenue ($16.4M vs $10.2M, roughly 1.6× Bon Natural Life Ltd). SB FINANCIAL GROUP, INC. runs the higher net margin — 23.9% vs -0.4%, a 24.3% gap on every dollar of revenue.

ABP OPCO, LLC, doing business as Au Bon Pain, is an American fast casual restaurant, bakery, and café chain headquartered in Richardson, Texas, which as of 2025 operated 34 locations in the United States as well as several outlets in Thailand. The company is owned by the Yum! Brands franchisee management company AMPEX Brands.

SB Financial Group, Inc. is a U.S.-headquartered financial holding company that provides a full suite of personal and commercial banking products and services, including deposit accounts, mortgage and consumer loans, small business financing, and wealth management solutions. It primarily serves retail customers and small to medium-sized enterprises across regional markets in the United States.

BON vs SBFG — Head-to-Head

Bigger by revenue
SBFG
SBFG
1.6× larger
SBFG
$16.4M
$10.2M
BON
Higher net margin
SBFG
SBFG
24.3% more per $
SBFG
23.9%
-0.4%
BON

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BON
BON
SBFG
SBFG
Revenue
$10.2M
$16.4M
Net Profit
$-41.8K
$3.9M
Gross Margin
29.1%
Operating Margin
0.8%
30.3%
Net Margin
-0.4%
23.9%
Revenue YoY
6.3%
Net Profit YoY
7.8%
EPS (diluted)
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BON
BON
SBFG
SBFG
Q4 25
$16.4M
Q3 25
$16.6M
Q2 25
$17.2M
Q1 25
$10.2M
$15.4M
Q4 24
$15.5M
Q3 24
$23.8M
$14.3M
Q2 24
$14.0M
Q1 24
$14.1M
$13.1M
Net Profit
BON
BON
SBFG
SBFG
Q4 25
$3.9M
Q3 25
$4.0M
Q2 25
$3.9M
Q1 25
$-41.8K
$2.2M
Q4 24
$3.6M
Q3 24
$398.2K
$2.4M
Q2 24
$3.1M
Q1 24
$2.4M
Gross Margin
BON
BON
SBFG
SBFG
Q4 25
Q3 25
Q2 25
Q1 25
29.1%
Q4 24
Q3 24
29.8%
Q2 24
Q1 24
33.3%
Operating Margin
BON
BON
SBFG
SBFG
Q4 25
30.3%
Q3 25
29.9%
Q2 25
27.5%
Q1 25
0.8%
16.8%
Q4 24
29.3%
Q3 24
7.9%
21.7%
Q2 24
24.0%
Q1 24
21.1%
21.7%
Net Margin
BON
BON
SBFG
SBFG
Q4 25
23.9%
Q3 25
24.4%
Q2 25
22.4%
Q1 25
-0.4%
14.0%
Q4 24
23.5%
Q3 24
1.7%
16.5%
Q2 24
22.2%
Q1 24
18.0%
EPS (diluted)
BON
BON
SBFG
SBFG
Q4 25
$0.62
Q3 25
$0.64
Q2 25
$0.60
Q1 25
$0.33
Q4 24
$0.55
Q3 24
$4.14
$0.35
Q2 24
$0.47
Q1 24
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BON
BON
SBFG
SBFG
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$44.3M
$141.2M
Total Assets
$61.8M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BON
BON
SBFG
SBFG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$80.5K
Q2 24
Q1 24
Total Debt
BON
BON
SBFG
SBFG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$19.7M
Q3 24
$1.4M
$19.7M
Q2 24
Q1 24
Stockholders' Equity
BON
BON
SBFG
SBFG
Q4 25
$141.2M
Q3 25
$136.9M
Q2 25
$133.6M
Q1 25
$44.3M
$131.5M
Q4 24
$127.5M
Q3 24
$43.9M
$132.8M
Q2 24
$125.5M
Q1 24
$36.0M
$123.7M
Total Assets
BON
BON
SBFG
SBFG
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$61.8M
$1.5B
Q4 24
$1.4B
Q3 24
$61.8M
$1.4B
Q2 24
Q1 24
$46.6M
Debt / Equity
BON
BON
SBFG
SBFG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.15×
Q3 24
0.03×
0.15×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BON
BON
SBFG
SBFG
Operating Cash FlowLast quarter
$-1.9M
$24.0M
Free Cash FlowOCF − Capex
$21.4M
FCF MarginFCF / Revenue
130.6%
Capex IntensityCapex / Revenue
15.8%
Cash ConversionOCF / Net Profit
6.14×
TTM Free Cash FlowTrailing 4 quarters
$35.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BON
BON
SBFG
SBFG
Q4 25
$24.0M
Q3 25
$12.7M
Q2 25
$-3.6M
Q1 25
$-1.9M
$6.7M
Q4 24
$9.5M
Q3 24
$-7.7M
$3.6M
Q2 24
$-434.0K
Q1 24
$-2.2M
$308.0K
Free Cash Flow
BON
BON
SBFG
SBFG
Q4 25
$21.4M
Q3 25
$12.2M
Q2 25
$-4.2M
Q1 25
$5.8M
Q4 24
$8.2M
Q3 24
$-7.7M
$3.2M
Q2 24
$-833.0K
Q1 24
$-2.2M
$149.0K
FCF Margin
BON
BON
SBFG
SBFG
Q4 25
130.6%
Q3 25
73.8%
Q2 25
-24.2%
Q1 25
37.6%
Q4 24
53.2%
Q3 24
-32.4%
22.6%
Q2 24
-5.9%
Q1 24
-15.5%
1.1%
Capex Intensity
BON
BON
SBFG
SBFG
Q4 25
15.8%
Q3 25
2.7%
Q2 25
3.1%
Q1 25
6.0%
Q4 24
8.0%
Q3 24
0.0%
2.7%
Q2 24
2.8%
Q1 24
0.1%
1.2%
Cash Conversion
BON
BON
SBFG
SBFG
Q4 25
6.14×
Q3 25
3.14×
Q2 25
-0.94×
Q1 25
3.11×
Q4 24
2.60×
Q3 24
-19.40×
1.54×
Q2 24
-0.14×
Q1 24
0.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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