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Sturgis Bancorp OTCPK:STBI Stock Report

Last Price

US$16.25

Market Cap

US$35.5m

7D

-2.1%

1Y

-19.4%

Updated

23 Apr, 2024

Data

Company Financials

STBI Stock Overview

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.

STBI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends4/6

Sturgis Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sturgis Bancorp
Historical stock prices
Current Share PriceUS$16.25
52 Week HighUS$21.52
52 Week LowUS$15.85
Beta0.47
1 Month Change-2.69%
3 Month Change-8.45%
1 Year Change-19.39%
3 Year Change-15.58%
5 Year Change-36.89%
Change since IPO204.69%

Recent News & Updates

Recent updates

Shareholder Returns

STBIUS BanksUS Market
7D-2.1%1.9%-3.2%
1Y-19.4%25.1%19.3%

Return vs Industry: STBI underperformed the US Banks industry which returned 25.1% over the past year.

Return vs Market: STBI underperformed the US Market which returned 19.3% over the past year.

Price Volatility

Is STBI's price volatile compared to industry and market?
STBI volatility
STBI Average Weekly Movement4.7%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: STBI has not had significant price volatility in the past 3 months.

Volatility Over Time: STBI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1905n/aJason Hyskawww.sturgis.bank

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.

Sturgis Bancorp, Inc. Fundamentals Summary

How do Sturgis Bancorp's earnings and revenue compare to its market cap?
STBI fundamental statistics
Market capUS$35.52m
Earnings (TTM)US$2.53m
Revenue (TTM)US$32.79m

13.8x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STBI income statement (TTM)
RevenueUS$32.79m
Cost of RevenueUS$0
Gross ProfitUS$32.79m
Other ExpensesUS$30.27m
EarningsUS$2.53m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.17
Gross Margin100.00%
Net Profit Margin7.70%
Debt/Equity Ratio106.0%

How did STBI perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

58%

Payout Ratio
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