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STURGIS BANCORP INC (STBI)

Sturgis Bancorp, Inc. serves as the parent company for Sturgis Bank & Trust Company, a financial institution that delivers a broad spectrum of banking solutions and services across Michigan, United States. Its product portfolio encompasses various deposit accounts, including checking, savings (with health savings options), and money market accounts, along with certificates of deposit (CDs) and individual retirement accounts (IRAs). The bank also extends diverse lending options such as mortgages, automobile loans, personal loans, and savings-secured loans. For both individuals and businesses, it provides home equity loans and lines of credit, equipment and machinery financing, commercial real estate loans, and government-supported loan programs, in addition to business lines of credit and credit cards. Beyond its core offerings, the company furnishes supplementary services like private banking, cashier's checks, wire transfers, foreign drafts, and foreign currency exchange. Customers can also access overdraft protection, night depository services, notary services, safe deposit boxes, and specific residential mortgage offerings. Digital banking capabilities feature direct deposit, remote deposit capture, Visa check cards, and check reordering. Furthermore, Sturgis Bancorp provides investment and financial advisory services, alongside a range of insurance products covering commercial, consumer, and title coverage. Wealth management solutions comprise estate settlements, trust administration, record keeping, investment management, and custody services. The company also supports businesses with cash and treasury management, and ensures modern convenience through online and mobile banking, bill payment, and mobile wallet services. Sturgis Bancorp operates through a network of 14 bank branches and 4 full-service standalone ATMs, strategically situated in 12 distinct communities throughout Michigan. Established in 1905, the company maintains its corporate headquarters in Sturgis, Michigan.

Sector: National Commercial Banks

Industry: Banks - Regional

Sturgis Bancorp, Inc. logo

Sturgis Bancorp, Inc.

OTC:STBIFinancial Services
+0.00%$29.46
Mkt Cap$63.69M
Float2.05M
O/S2.16M
Inst Own-
SI<0.1%
Div Yield2.41%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$63.69M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership--

based on 2.16M shares outstanding

SectorFinancial Services
IndustryBanks - Regional
ExchangeOTC
CountryUSUS
IPO DateApr 26, 1999
Shares Outstanding2.16M
Float2.05M
Company Overview

Sturgis Bancorp, Inc. serves as the parent company for Sturgis Bank & Trust Company, a financial institution that delivers a broad spectrum of banking solutions and services across Michigan, United States.

Its product portfolio encompasses various deposit accounts, including checking, savings (with health savings options), and money market accounts, along with certificates of deposit (CDs) and individual retirement accounts (IRAs). The bank also extends diverse lending options such as mortgages, automobile loans, personal loans, and savings-secured loans. For both individuals and businesses, it provides home equity loans and lines of credit, equipment and machinery financing, commercial real estate loans, and government-supported loan programs, in addition to business lines of credit and credit cards. Beyond its core offerings, the company furnishes supplementary services like private banking, cashier's checks, wire transfers, foreign drafts, and foreign currency exchange. Customers can also access overdraft protection, night depository services, notary services, safe deposit boxes, and specific residential mortgage offerings. Digital banking capabilities feature direct deposit, remote deposit capture, Visa check cards, and check reordering. Furthermore, Sturgis Bancorp provides investment and financial advisory services, alongside a range of insurance products covering commercial, consumer, and title coverage. Wealth management solutions comprise estate settlements, trust administration, record keeping, investment management, and custody services.

The company also supports businesses with cash and treasury management, and ensures modern convenience through online and mobile banking, bill payment, and mobile wallet services. Sturgis Bancorp operates through a network of 14 bank branches and 4 full-service standalone ATMs, strategically situated in 12 distinct communities throughout Michigan. Established in 1905, the company maintains its corporate headquarters in Sturgis, Michigan.

Leadership

Jason J. Hyska

President, Chief Executive Officer & Director

Brian Hoggatt

EVP, CFO & Treasurer

Matthew D. Scheske

Executive Vice President & Chief Operating Officer

Tracey L. Parker

Executive Vice President & Chief Risk Officer

Employees

118

Country

US

Sector

Financial Services

Website

sturgis.bank

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
--
Institutional
(0)
--
Insiderⓘ
(0)
--
5%+ Owners
(0)
--
Unattributed (incl. retail)ⓘ
Sources:
52-Week Range
$19.95$29.79
$29.46(97th percentile)
Volume
Average Daily Volume1.85K
600 today vs 1.85K avg(-67%)

30d Avg

1.85K

60d Avg

1.67K

90d Avg

2.24K

Earnings
Dividend History
TTM Yield
2.41%
Paid quarterly
Annual (LTM)
$0.71
Latest
$0.1800
Nov 13, 26
5Y Growth
+2.10%
per year
Compliance Status
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