Sturgis Bancorp (OTCMKTS:STBI – Get Free Report) issued its earnings results on Thursday. The financial services provider reported $1.17 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $11.72 million during the quarter.
Sturgis Bancorp Trading Up 2.8%
Shares of OTCMKTS STBI opened at $29.30 on Friday. The company has a market cap of $63.87 million, a price-to-earnings ratio of 7.02 and a beta of 0.15. Sturgis Bancorp has a 12-month low of $19.95 and a 12-month high of $29.79. The stock’s 50 day simple moving average is $29.17 and its 200 day simple moving average is $27.34.
About Sturgis Bancorp
Sturgis Bancorp, Inc is a bank holding company headquartered in Sturgis, Michigan. Its principal subsidiary is Sturgis Bank & Trust Company, a community bank that provides financial services to individuals, families, farmers and businesses.
Sturgis Bank offers deposit accounts, consumer and commercial lending, residential mortgage loans, cash-management services and other traditional banking products. The bank also provides electronic banking options, including online and mobile banking, to support customers’ day-to-day financial needs.
Founded in 1905, the institution has a long history of serving communities in southern Michigan.
Read More
- Five stocks we like better than Sturgis Bancorp
- NextEra and Dominion Have a Deal—Now Comes the Hard Part
- Microsoft’s Earnings Problem: Even Great May Not Be Enough
- 3 Stocks With Yields Big Enough to Make Election Volatility Easier to Stomach
- Is Texas Instruments Setting Up for Its Next Big Breakout?
Receive News & Ratings for Sturgis Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sturgis Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
