Sturgis Bancorp (OTCMKTS:STBI – Get Free Report) announced its earnings results on Thursday. The financial services provider reported $1.17 EPS for the quarter, Zacks reports. The business had revenue of $11.72 million for the quarter.
Sturgis Bancorp Price Performance
Shares of OTCMKTS:STBI opened at $29.46 on Friday. The company’s 50-day moving average price is $29.19 and its two-hundred day moving average price is $27.35. The stock has a market capitalization of $64.22 million, a PE ratio of 7.08 and a beta of 0.15. Sturgis Bancorp has a one year low of $19.95 and a one year high of $29.79.
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.
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