Sturgis Bancorp (OTCMKTS:STBI) Posts Quarterly Earnings Results

Sturgis Bancorp (OTCMKTS:STBI) released its quarterly earnings results on Wednesday. The financial services provider reported $0.88 earnings per share for the quarter, Zacks reports.

Sturgis Bancorp Stock Up 2.4%

OTCMKTS STBI opened at $24.58 on Thursday. Sturgis Bancorp has a twelve month low of $16.75 and a twelve month high of $25.00. The firm has a market capitalization of $53.34 million, a PE ratio of 7.12 and a beta of 0.11. The stock’s 50 day moving average is $23.63 and its 200 day moving average is $21.75.

Sturgis Bancorp Company Profile

Sturgis Bancorp, Inc is the bank holding company for Sturgis Bank & Trust, a community-oriented financial institution headquartered in Sturgis, Michigan. Through its wholly owned subsidiary, the company offers a full suite of banking services tailored to the needs of individuals, families and local businesses. Its primary focus is on providing personalized banking solutions that reflect its deep roots in southwestern Michigan.

The company’s product lineup includes traditional deposit accounts such as checking, savings and money market accounts, alongside certificates of deposit.