FETM Stock Overview
Fentura Financial, Inc. operates as the bank holding company for The State Bank that provides banking products and services to individuals, small businesses, and governmental entities.
No risks detected for FETM from our risk checks.
Fentura Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$23.00|
|52 Week High||US$29.25|
|52 Week Low||US$23.00|
|1 Month Change||-4.17%|
|3 Month Change||-7.26%|
|1 Year Change||-10.68%|
|3 Year Change||9.52%|
|5 Year Change||24.66%|
|Change since IPO||92.03%|
Recent News & Updates
|FETM||US Banks||US Market|
Return vs Industry: FETM exceeded the US Banks industry which returned -26.1% over the past year.
Return vs Market: FETM exceeded the US Market which returned -23.2% over the past year.
|FETM Average Weekly Movement||2.2%|
|Banks Industry Average Movement||3.4%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: FETM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: FETM's weekly volatility (2%) has been stable over the past year.
About the Company
Fentura Financial, Inc. operates as the bank holding company for The State Bank that provides banking products and services to individuals, small businesses, and governmental entities. Fentura Financial, Inc. was founded in 1898 and is headquartered in Fenton, Michigan.
Fentura Financial Fundamentals Summary
|FETM fundamental statistics|
Is FETM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FETM income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||3.10|
|Net Profit Margin||24.01%|
How did FETM perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Is FETM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FETM?
Other financial metrics that can be useful for relative valuation.
|What is FETM's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FETM's PE Ratio compare to its peers?
|FETM PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
TWCF Town and Country Financial
FXNC First National
TYBT Trinity Bank N.A
FMIA First Miami Bancorp
FETM Fentura Financial
Price-To-Earnings vs Peers: FETM is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (9.5x).
Price to Earnings Ratio vs Industry
How does FETM's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: FETM is good value based on its Price-To-Earnings Ratio (7.4x) compared to the US Banks industry average (9.4x)
Price to Earnings Ratio vs Fair Ratio
What is FETM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||7.4x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FETM's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FETM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FETM ($23) is trading below our estimate of fair value ($63.08)
Significantly Below Fair Value: FETM is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Fentura Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Fentura Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine whether Fentura Financial is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Fentura Financial's filings and announcements here.
How has Fentura Financial performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FETM has high quality earnings.
Growing Profit Margin: FETM's current net profit margins (24%) are lower than last year (29.4%).
Past Earnings Growth Analysis
Earnings Trend: FETM's earnings have grown by 15.7% per year over the past 5 years.
Accelerating Growth: FETM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FETM had negative earnings growth (-21.2%) over the past year, making it difficult to compare to the Banks industry average (8.4%).
Return on Equity
High ROE: FETM's Return on Equity (11.6%) is considered low.
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How is Fentura Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FETM's Assets to Equity ratio (12.4x) is moderate.
Allowance for Bad Loans: FETM has a sufficient allowance for bad loans (548%).
Low Risk Liabilities: 91% of FETM's liabilities are made up of primarily low risk sources of funding.
Loan Level: FETM has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: FETM's Loans to Deposits ratio (99%) is appropriate.
Level of Bad Loans: FETM has an appropriate level of bad loans (0.2%).
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What is Fentura Financial current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
|Fentura Financial Dividend Yield vs Market|
|Company (Fentura Financial)||1.6%|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Banks)||3.4%|
|Analyst forecast in 3 Years (Fentura Financial)||n/a|
Notable Dividend: FETM's dividend (1.57%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: FETM's dividend (1.57%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FETM has been paying a dividend for less than 10 years.
Growing Dividend: FETM's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.4%), FETM's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ron Justice (57 yo)
Mr. Justice has served as President and Chief Executive Officer of Fentura since April 2012. Mr. Justice began his career with The State Bank (the “Bank”) after graduating from University of Michigan – Fli...
Experienced Board: FETM's board of directors are seasoned and experienced ( 10.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Fentura Financial, Inc.'s employee growth, exchange listings and data sources
- Name: Fentura Financial, Inc.
- Ticker: FETM
- Exchange: OTCPK
- Founded: 1898
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$102.447m
- Shares outstanding: 4.43m
- Website: https://www.fentura.com
- Fentura Financial, Inc.
- 175 North Leroy Leroy Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FETM||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Apr 1995|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.