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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
OTCMKTS:STBI

Sturgis Bancorp (STBI) Stock Price, News & Analysis

$16.75
+0.15 (+0.90%)
(As of 04/18/2024 ET)
Today's Range
$16.75
$16.75
50-Day Range
$15.85
$17.94
52-Week Range
$15.85
$21.75
Volume
1,550 shs
Average Volume
1,171 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

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Sturgis Bancorp Inc.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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
4/18/2024
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 2024. 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 decline in short interest in March. As of March 15th, there was short interest totaling 100 shares, a decline of 92.3% from the February 29th total of 1,300 shares. Based on an average trading 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) released its earnings results on Tuesday, February, 27th. The financial services provider reported ($0.16) earnings per share for the quarter. The financial services provider had revenue of $8.82 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date 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 4/18/2024 by MarketBeat.com Staff

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