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Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
OTCMKTS:STBI

Sturgis Bancorp (STBI) Stock Price, News & Analysis

$17.45
+0.20 (+1.16%)
(As of 03/1/2024 ET)
Today's Range
$17.45
$17.89
50-Day Range
$17.00
$18.25
52-Week Range
$17.00
$22.30
Volume
1,522 shs
Average Volume
377 shs
Market Capitalization
$37.52 million
P/E Ratio
6.17
Dividend Yield
3.90%
Price Target
N/A

Sturgis Bancorp MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.01% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of Sturgis Bancorp in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.19 out of 5 stars


STBI stock logo

About Sturgis Bancorp Stock (OTCMKTS:STBI)

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 credit cards. In addition, the company offers private banking, cashier checks, wire transfers, foreign drafts and foreign currency, overdraft protection, night depository, and notary services, as well as safe deposit boxes and residential mortgages. Further, it provides direct deposit, remote deposit capture, Visa check card, and checks reorder services; and investment and financial-advisory services, as well as commercial and consumer insurance and title insurance products. Additionally, the company offers estate and asset management services, such as estate settlements, trust administration, record keeping, investment management, and custody services; cash and treasury management; and online and mobile banking, bill pay, and mobile wallet services. It operates through 14 bank facilities and 4 full service standalone ATMs located in 12 communities in Michigan. Sturgis Bancorp, Inc. was founded in 1905 and is headquartered in Sturgis, Michigan.

STBI Stock Price History

STBI Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Sturgis Bancorp Inc.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Southern Michigan Bank & Trust opens in Sturgis
See More Headlines
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Company Calendar

Last Earnings
7/24/2020
Ex-Dividend for 12/15 Dividend
11/14/2023
Dividend Payable
12/15/2023
Ex-Dividend for 3/15 Dividend
2/14/2024
Today
3/02/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
N/A
Current Symbol
OTCMKTS:STBI
CUSIP
864087101
Employees
125
Year Founded
N/A

Profitability

Net Income
$6.62 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$49.68 million

Miscellaneous

Free Float
1,806,000
Market Cap
$37.52 million
Optionable
Not Optionable
Beta
0.48
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Key Executives

  • Mr. Brian P. Hoggatt (Age 57)
    Senior VP, CFO & Treasurer
    Comp: $182.44k
  • Mr. Ronald W. Scheske (Age 64)
    Executive VP & COO
    Comp: $172.38k
  • Mr. Jason J. Hyska
    President, CEO & Head of Retail Lending
  • Ms. Tracey L. Parker
    Executive VP & Chief Risk Officer
  • Mr. Matthew D. Scheske
    Senior VP & Head of Commercial Lending
  • Robert Burch
    Senior Vice President
  • Heather J. Myers
    Corporate Secretary
  • Michelle Kriser
    Controller














STBI Stock Analysis - Frequently Asked Questions

How have STBI shares performed in 2024?

Sturgis Bancorp's stock was trading at $18.09 at the beginning of 2024. Since then, STBI shares have decreased by 3.5% and is now trading at $17.45.
View the best growth stocks for 2024 here
.

Are investors shorting Sturgis Bancorp?

Sturgis Bancorp saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 300 shares, an increase of 200.0% from the January 31st total of 100 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.3 days.
View Sturgis Bancorp's Short Interest
.

When is Sturgis Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our STBI earnings forecast
.

How were Sturgis Bancorp's earnings last quarter?

Sturgis Bancorp, Inc. (OTCMKTS:STBI) posted its quarterly earnings data on Friday, July, 24th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter. The financial services provider had revenue of $6.45 million for the quarter.

How often does Sturgis Bancorp pay dividends? What is the dividend yield for Sturgis Bancorp?

Sturgis Bancorp declared a quarterly dividend on Wednesday, January 17th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.17 per share on Friday, March 15th. This represents a $0.68 annualized dividend and a yield of 3.90%. The ex-dividend date of this dividend is Wednesday, February 14th.
Read our dividend analysis for STBI
.

Is Sturgis Bancorp a good dividend stock?

Sturgis Bancorp (OTCMKTS:STBI) pays an annual dividend of $0.68 per share and currently has a dividend yield of 4.00%. STBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 24.03%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for STBI.

What other stocks do shareholders of Sturgis Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sturgis Bancorp investors own include ABM Industries (ABM), Accenture (ACN), American Campus Communities (ACC), Abbott Laboratories (ABT), Arbor Realty Trust (ABR), AbbVie (ABBV), American Assets Trust (AAT) and Aaron's (AAN).

How do I buy shares of Sturgis Bancorp?

Shares of STBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:STBI) was last updated on 3/3/2024 by MarketBeat.com Staff