Sturgis Bancorp Past Earnings Performance
Past criteria checks 1/6
Sturgis Bancorp's earnings have been declining at an average annual rate of -1.7%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 11.6% per year. Sturgis Bancorp's return on equity is 3.9%, and it has net margins of 6.4%.
Key information
-1.7%
Earnings growth rate
-2.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 11.6% |
| Return on equity | 3.9% |
| Net Margin | 6.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Sturgis Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 33 | 2 | 25 | 0 |
| 31 Mar 24 | 33 | 3 | 24 | 0 |
| 31 Dec 23 | 36 | 6 | 23 | 0 |
| 30 Jun 23 | 35 | 7 | 21 | 0 |
| 31 Mar 23 | 33 | 7 | 20 | 0 |
| 31 Dec 22 | 31 | 7 | 19 | 0 |
| 30 Sep 22 | 31 | 6 | 19 | 0 |
| 30 Jun 22 | 30 | 6 | 19 | 0 |
| 31 Mar 22 | 29 | 6 | 18 | 0 |
| 31 Dec 21 | 28 | 6 | 17 | 0 |
| 30 Sep 21 | 27 | 6 | 16 | 0 |
| 30 Jun 21 | 26 | 6 | 15 | 0 |
| 31 Mar 21 | 25 | 6 | 15 | 0 |
| 31 Dec 20 | 24 | 6 | 14 | 0 |
| 30 Sep 20 | 23 | 6 | 13 | 0 |
| 30 Jun 20 | 22 | 5 | 13 | 0 |
| 31 Mar 20 | 22 | 5 | 13 | 0 |
| 31 Dec 19 | 21 | 5 | 13 | 0 |
| 30 Sep 19 | 20 | 5 | 12 | 0 |
| 30 Jun 19 | 20 | 5 | 12 | 0 |
| 31 Mar 19 | 20 | 5 | 12 | 0 |
| 31 Dec 18 | 19 | 4 | 12 | 0 |
| 30 Sep 18 | 19 | 4 | 12 | 0 |
| 30 Jun 18 | 18 | 3 | 12 | 0 |
| 31 Mar 18 | 18 | 3 | 12 | 0 |
| 31 Dec 17 | 18 | 3 | 12 | 0 |
| 30 Sep 17 | 18 | 3 | 12 | 0 |
| 30 Jun 17 | 18 | 3 | 12 | 0 |
| 31 Mar 17 | 18 | 3 | 11 | 0 |
| 31 Dec 16 | 17 | 3 | 11 | 0 |
| 30 Sep 16 | 17 | 3 | 11 | 0 |
| 30 Jun 16 | 17 | 3 | 11 | 0 |
| 31 Mar 16 | 17 | 3 | 11 | 0 |
| 31 Dec 15 | 16 | 2 | 11 | 0 |
| 30 Sep 15 | 16 | 2 | 11 | 0 |
| 30 Jun 15 | 15 | 2 | 11 | 0 |
| 31 Mar 15 | 15 | 2 | 10 | 0 |
| 31 Dec 14 | 15 | 2 | 10 | 0 |
| 30 Sep 14 | 15 | 2 | 10 | 0 |
| 30 Jun 14 | 15 | 2 | 10 | 0 |
| 31 Mar 14 | 15 | 2 | 10 | 0 |
| 31 Dec 13 | 15 | 2 | 9 | 0 |
Quality Earnings: STBI has high quality earnings.
Growing Profit Margin: STBI's current net profit margins (6.4%) are lower than last year (20.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: STBI's earnings have declined by 1.7% per year over the past 5 years.
Accelerating Growth: STBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STBI had negative earnings growth (-70.8%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).
Return on Equity
High ROE: STBI's Return on Equity (3.9%) is considered low.