Sturgis Bancorp Inc. (STBI) Scheduled to Post Quarterly Earnings on Thursday
Sturgis Bancorp (OTCMKTS:STBI) last posted its quarterly earnings results on Tuesday, July 25th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. The business had revenue of $4.89 million for the quarter. On average, analysts expect Sturgis Bancorp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Sturgis Bancorp Inc. (OTCMKTS STBI) opened at 18.40 on Thursday. The firm’s 50 day moving average price is $18.14 and its 200-day moving average price is $16.91. Sturgis Bancorp Inc. has a 12-month low of $11.68 and a 12-month high of $19.01. The company has a market capitalization of $38.46 million, a PE ratio of 12.87 and a beta of -0.04.
The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Tuesday, August 15th were given a dividend of $0.12 per share. The ex-dividend date was Friday, August 11th. This represents a $0.48 annualized dividend and a dividend yield of 2.63%. Sturgis Bancorp’s dividend payout ratio is presently 33.80%.
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About Sturgis Bancorp
Sturgis Bancorp, Inc operates as the holding company of Sturgis Bank & Trust Company (the Bank). The Bank is engaged in accepting deposits from the general public and making single family mortgage loans, as well as consumer and commercial loans. The Bank’s trust department offers trust, custodial, and agency accounts to its customers within its market area.
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