Sturgis Bancorp, Inc. (STBI)
Market Cap | 39.51M |
Revenue (ttm) | 32.61M |
Net Income (ttm) | 2.10M |
Shares Out | 2.16M |
EPS (ttm) | 0.97 |
PE Ratio | 18.81 |
Forward PE | n/a |
Dividend | 0.68 (3.72%) |
Ex-Dividend Date | Feb 14, 2025 |
Volume | 5,000 |
Average Volume | 4,160 |
Open | 18.45 |
Previous Close | 18.45 |
Day's Range | 18.30 - 18.45 |
52-Week Range | 15.74 - 18.50 |
Beta | 0.42 |
RSI | 52.31 |
Earnings Date | Feb 26, 2025 |
About Sturgis Bancorp
Sturgis Bancorp, Inc. operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States. The company offers checking, savings and health savings, and money market accounts; and certificates of deposit and individual retirement accounts. It also provides mortgage, automobile, savings secured, personal, home equity, equipment and machinery, government supported, and commercial real estate loans, as well as home equity lines of credit and business lines of credit; and c... [Read more]
Financial Performance
In 2023, Sturgis Bancorp's revenue was $36.14 million, an increase of 14.83% compared to the previous year's $31.47 million. Earnings were $6.02 million, a decrease of -9.09%.
Financial StatementsNews
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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend
STURGIS, MI / ACCESS Newswire / January 27, 2025 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.17 per common share, payable March ...
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Sturgis Bancorp, Inc. Reports Financial Results for Third Quarter 2024
STURGIS, MI / ACCESSWIRE / October 18, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today reported for the third quarter of 2024: Key Quarterly Highlights Net income was $1.5 million. Earnings per share ...
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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend
STURGIS, MI / ACCESSWIRE / October 18, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.17 per common share, payable December 13...
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Sturgis Bancorp, Inc. Reports Financial Results for Second Quarter 2024
STURGIS, MI / ACCESSWIRE / July 19, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced for the second quarter of 2024: Key Quarterly Highlights Net income was $1.3 million. Earnings per share o...
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Sturgis Bancorp, Inc. Reports Financial Results for First Quarter 2024
STURGIS, MI / ACCESSWIRE / April 22, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced results for the first quarter of 2024: Key Highlights Net loss for the quarter was $(1.97 million). Loss ...
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Sturgis Bancorp, Inc. Reports Financial Results for 2023
STURGIS, MI / ACCESSWIRE / February 27, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced financial results for the fourth quarter and year ended 2023. Sturgis Bancorp (Bancorp) is the holding...
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Sturgis Bancorp, Inc. Announces Retirement of Eric L. Eishen
Dedicated Community Banker, Advocate Concludes Successful 45-Year Career STURGIS, MI / ACCESSWIRE / January 15, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced Eric L. Eishen is retiring aft...
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Sturgis Bancorp, Inc. Reports Earnings for Third Quarter 2023
STURGIS, MI / ACCESSWIRE / October 24, 2023 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $3.2 million for the third quarter 2023, and $6.4 million for the first nine months of 20...
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Sturgis Bancorp Reports Earnings for Second Quarter 2023
STURGIS, MI / ACCESSWIRE / July 19, 2023 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $1.7 million for the quarter ended June 30, 2023 and $3.2 million for the first half of 2023...
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Sturgis Bancorp Reports Earnings for First Quarter 2023
STURGIS, MI / ACCESSWIRE / April 26, 2023 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $1.5 million for the first quarter of 2023. Sturgis Bancorp is the holding company for Stur...
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Sturgis Bancorp Reports Earnings for 2022
STURGIS, MI / ACCESSWIRE / January 23, 2023 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $6.6 million for 2022 and $1.9 million for the fourth quarter of 2022. Sturgis Bancorp is...
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Sturgis Bancorp Reports Earnings for Third Quarter 2022
STURGIS, MI / ACCESSWIRE / October 31, 2022 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $2.1 million for the third quarter of 2022 and $4.8 million for the first nine months of ...
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Sturgis Bancorp Announces New Leadership for Sturgis Bank and Trust Company
STURGIS, MI / ACCESSWIRE / July 27, 2022 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced implementation of the next phase of its succession plan for subsidiary Sturgis Bank and Trust Company. Stu...
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Sturgis Bancorp Reports Earnings for Second Quarter 2022
STURGIS, MI / ACCESSWIRE / July 20, 2022 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $1.5 million for the second quarter of 2022 and $2.7 million for the first half of 2022. Stu...
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Sturgis Bancorp Reports Earnings for First Quarter 2022
STURGIS, MI / ACCESSWIRE / April 26, 2022 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $1.2 million for the first quarter of 2022. Sturgis Bancorp is the holding company for Stur...
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Sturgis Bancorp, Inc. Announces Board Addition Keene Taylor
STURGIS, MI / ACCESSWIRE / February, 24, 2022 / Sturgis Bancorp, Inc. (OTCQX:STBI) is pleased to announce the addition of Keene Taylor, lifelong Southwest Michigan resident and businessman, to the Boa...
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Sturgis Bancorp Reports Earnings for 2021
STURGIS, MI / ACCESSWIRE / February 16, 2022 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $6.3 million for 2021 and $1.8 million for the fourth quarter of 2021. Sturgis Bancorp i...
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Sturgis Bancorp, Inc. Increases Quarterly Cash Dividend
STURGIS, MI / ACCESSWIRE / January 31, 2022 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.17 per common share, payable March 15, 2...
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Sturgis Bancorp, Inc. Announces Chairman Resignation
STURGIS, MI / ACCESSWIRE / January 24, 2022 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced the resignation of John Wiedlea from the boards of Sturgis Bancorp, Inc. and Sturgis Bank & Trust Compa...
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Sturgis Bancorp Reports Earnings for Third Quarter 2021
STURGIS, MI / ACCESSWIRE / October 20, 2021 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $1.8 million for the third quarter of 2021 and $4.6 million for the first nine months of ...