Sturgis Bancorp, Inc. (STBI)

OTCMKTS · Delayed Price · Currency is USD
18.30
-0.15 (-0.81%)
Feb 14, 2025, 4:00 PM EST
7.65%
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]

Sector Financials
Founded 1905
Employees 129
Stock Exchange OTCMKTS
Ticker Symbol STBI
Full Company Profile

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 Statements

News

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 ...

26 days ago - Accesswire

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 ...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

7 months ago - Accesswire

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 ...

10 months ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

2 years ago - Accesswire

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 ...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

3 years ago - Accesswire

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...

3 years ago - Accesswire

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...

3 years ago - Accesswire

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...

3 years ago - Accesswire

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...

3 years ago - Accesswire

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 ...

3 years ago - Accesswire