Sturgis Bancorp (OTCMKTS:STBI) Share Price Crosses Below 200 Day Moving Average of $21.02

Sturgis Bancorp, Inc. (OTCMKTS:STBIGet Rating)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $21.02 and traded as low as $19.55. Sturgis Bancorp shares last traded at $19.55, with a volume of 882 shares trading hands.

Sturgis Bancorp Price Performance

The business has a 50-day simple moving average of $20.61 and a two-hundred day simple moving average of $20.99. The stock has a market capitalization of $41.84 million, a P/E ratio of 6.02 and a beta of 0.44.

Sturgis Bancorp (OTCMKTS:STBIGet Rating) last posted its earnings results on Wednesday, April 26th. The financial services provider reported $0.72 earnings per share (EPS) for the quarter. The firm had revenue of $8.86 million during the quarter.

Sturgis Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Monday, May 15th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date is Friday, May 12th. Sturgis Bancorp’s dividend payout ratio (DPR) is currently 20.92%.

Sturgis Bancorp Company Profile

(Get Rating)

Sturgis Bancorp, Inc is a bank holding company of Sturgis Bank & Trust Company, which engages in accepting deposits from the general public and making single family mortgage loans, as well as consumer and commercial loans. It operates through the following portfolio segments: Commercial, Commercial Real Estate and Commercial Construction, Consumer, Residential and Residential Construction, and Home Equity.

Featured Articles

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's FREE daily email newsletter.