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Sturgis Bancorp (Sturgis Bancorp) Revenue : $36.76 Mil (TTM As of Dec. 2023)


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What is Sturgis Bancorp Revenue?

Sturgis Bancorp's revenue for the three months ended in Dec. 2023 was $8.78 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $36.76 Mil. Sturgis Bancorp's Revenue per Share for the three months ended in Dec. 2023 was $4.06. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $17.14.

Good Sign:

Sturgis Bancorp Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Sturgis Bancorp was 18.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 13.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Sturgis Bancorp's highest 3-Year average Revenue per Share Growth Rate was 61.20% per year. The lowest was -0.40% per year. And the median was 6.35% per year.


Sturgis Bancorp Revenue Historical Data

The historical data trend for Sturgis Bancorp's Revenue 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 Revenue Chart

Sturgis Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.93 26.75 28.77 30.90 36.76

Sturgis Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue 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 8.56 8.71 8.74 10.54 8.78

Competitive Comparison of Sturgis Bancorp's Revenue

For the Banks - Regional subindustry, Sturgis Bancorp's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Banks Industry

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

* The bar in red indicates where Sturgis Bancorp's Revenue falls into.



Sturgis Bancorp Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.76 Mil.

* 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Sturgis Bancorp Revenue Related Terms

Thank you for viewing the detailed overview of Sturgis Bancorp's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


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

From GuruFocus

Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

By GlobeNewswire GlobeNewswire 04-29-2020

Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

By Marketwired Marketwired 01-17-2019

Sturgis Bancorp, Inc. Named to 2019 OTCQX Best 50

By Marketwired Marketwired 01-24-2019

Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

By Marketwired Marketwired 07-16-2019

Sturgis Bancorp, Inc. Appoints John T. Wiedlea Chairman

By Marketwired Marketwired 06-16-2020

Sturgis Bancorp, Inc. Declares Bank Charter Change

By Marketwired Marketwired 08-28-2020

Sturgis Bancorp, Inc. New Director Appointment

By Marketwired Marketwired 06-11-2019

Sturgis Bancorp, Inc. Named to 2019 OTCQX Best 50

By GlobeNewswire GlobeNewswire 01-24-2019