Sturgis Bancorp (OTCMKTS:STBI – Get Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $9.75 million during the quarter.
Sturgis Bancorp Price Performance
Shares of STBI opened at $18.30 on Thursday. The company’s fifty day moving average price is $18.25 and its 200-day moving average price is $17.77. Sturgis Bancorp has a 1-year low of $15.74 and a 1-year high of $18.50. The firm has a market capitalization of $39.51 million, a PE ratio of 76.25 and a beta of 0.43.
Sturgis Bancorp Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.17 per share. The ex-dividend date is Friday, February 14th. This represents a $0.68 dividend on an annualized basis and a yield of 3.72%. Sturgis Bancorp’s payout ratio is 283.33%.
Sturgis Bancorp Company Profile
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.
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