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Sturgis Bancorp (Sturgis Bancorp) Net Margin % : -4.33% (As of Dec. 2023)


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What is Sturgis Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sturgis Bancorp's Net Income for the three months ended in Dec. 2023 was $-0.38 Mil. Sturgis Bancorp's Revenue for the three months ended in Dec. 2023 was $8.78 Mil. Therefore, Sturgis Bancorp's net margin for the quarter that ended in Dec. 2023 was -4.33%.

The historical rank and industry rank for Sturgis Bancorp's Net Margin % or its related term are showing as below:

STBI' s Net Margin % Range Over the Past 10 Years
Min: 13.01   Med: 19.73   Max: 23.54
Current: 16.38


STBI's Net Margin % is ranked worse than
75.1% of 1458 companies
in the Banks industry
Industry Median: 25.33 vs STBI: 16.38

Sturgis Bancorp Net Margin % Historical Data

The historical data trend for Sturgis Bancorp's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sturgis Bancorp Net Margin % Chart

Sturgis Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.54 22.46 22.05 21.43 16.37

Sturgis Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.78 17.73 19.52 29.89 -4.33

Competitive Comparison of Sturgis Bancorp's Net Margin %

For the Banks - Regional subindustry, Sturgis Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sturgis Bancorp's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sturgis Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sturgis Bancorp's Net Margin % falls into.



Sturgis Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sturgis Bancorp's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=6.018/36.759
=16.37 %

Sturgis Bancorp's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.38/8.775
=-4.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sturgis Bancorp  (OTCPK:STBI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Sturgis Bancorp Net Margin % Related Terms

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Sturgis Bancorp (Sturgis Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
113-125 East Chicago Road, Sturgis, MI, USA, 49091
Sturgis Bancorp Inc operates as a bank holding company. Its primary services include accepting deposits, making commercial and mortgage loans, engaging in mortgage banking activities, and providing investment brokerage advisory services. The majority of the revenues come from interest income and other sources, including loans, leases, securities, and derivatives.
Executives
Eric L Eishen director, officer: President/CEO 284 KRUSZKA, BRONSON MI 49091
David E Watters officer: Vice President/Trust Officer P O BOX 304, STURGIS MI 49091
Philip G Ward director 1000 S LAKEVIEW, STURGIS MI 49091
Gary E Metz officer: Vice President P O BOX 344, CENTREVILLE MI 49032
Dresser Raymond H Jr director 112 SOUTH MONROE STREET, STURGIS MI 49091
Leonard L Eishen director 66002 KNOLLWOOD DRIVE, STURGIS MI 49091
Janet M Stahl officer: Vice President 29601 WITT LAKE ROAD, STURGIS, STURGIS MI 49091

Sturgis Bancorp (Sturgis Bancorp) Headlines

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