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Sturgis Bancorp (Sturgis Bancorp) Market Cap : $35.48 Mil (As of May. 14, 2024)


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What is Sturgis Bancorp Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Sturgis Bancorp's share price for the quarter that ended in Dec. 2023 was $18.09. Sturgis Bancorp's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2.15 Mil. Therefore, Sturgis Bancorp's market cap for the quarter that ended in Dec. 2023 was $38.90 Mil.

Sturgis Bancorp's quarterly market cap declined from Jun. 2023 ($42.81 Mil) to Sep. 2023 ($40.08 Mil) and declined from Sep. 2023 ($40.08 Mil) to Dec. 2023 ($38.90 Mil).

Sturgis Bancorp's annual market cap increased from Dec. 2021 ($40.51 Mil) to Dec. 2022 ($43.47 Mil) but then declined from Dec. 2022 ($43.47 Mil) to Dec. 2023 ($38.90 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Sturgis Bancorp's Enterprise Value for Today is $50.31 Mil.


Sturgis Bancorp Market Cap Historical Data

The historical data trend for Sturgis Bancorp's Market Cap 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 Market Cap Chart

Sturgis Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.44 39.17 40.51 43.47 38.90

Sturgis Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap 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 43.47 43.51 42.81 40.08 38.90

Competitive Comparison of Sturgis Bancorp's Market Cap

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

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

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



Sturgis Bancorp Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$18.09*2.15019
=$38.90

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

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$18.09*2.15019
=$38.90

* 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) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Sturgis Bancorp Market Cap Related Terms

Thank you for viewing the detailed overview of Sturgis Bancorp's Market Cap 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

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