S&P 500   4,967.23
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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
OTCMKTS:STBI

Sturgis Bancorp (STBI) Stock Price, News & Analysis

$16.75
0.00 (0.00%)
(As of 04/19/2024 ET)
Today's Range
$16.75
$16.75
50-Day Range
$15.85
$17.94
52-Week Range
$15.85
$21.52
Volume
200 shs
Average Volume
1,151 shs
Market Capitalization
$36.01 million
P/E Ratio
5.92
Dividend Yield
4.06%
Price Target
N/A
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

Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
Sturgis Bancorp Inc.
Southern Michigan Bank & Trust opens in Sturgis
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/14/2024
Last Earnings
2/27/2024
Dividend Payable
3/15/2024
Today
4/19/2024
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
$6.02 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$49.68 million

Miscellaneous

Free Float
1,808,000
Market Cap
$36.01 million
Optionable
Not Optionable
Beta
0.47
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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 the year. Since then, STBI stock has decreased by 7.4% and is now trading at $16.75.
View the best growth stocks for 2024 here
.

Are investors shorting Sturgis Bancorp?

Sturgis Bancorp saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 100 shares, a decrease of 92.3% from the February 29th total of 1,300 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is currently 0.0 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) issued its quarterly earnings data on Tuesday, February, 27th. The financial services provider reported ($0.16) earnings per share (EPS) for the quarter. The financial services provider earned $8.82 million during the quarter.

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

Sturgis Bancorp announced a quarterly dividend on Wednesday, January 17th. Investors 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 dividend yield of 4.06%. 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 4.10%. 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 4/19/2024 by MarketBeat.com Staff

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