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Fentura Financial, Inc. Announces Quarterly Dividend

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Fentura Financial, Inc. (OTCQX: FETM) announced a regular dividend of $0.09 per share for shareholders of record as of August 8, 2022, payable on August 15, 2022. Established in 1987, Fentura is the holding company for The State Bank, a 5-Star Bauer Financial rated bank based in Fenton, Michigan. The bank operates 19 branches and offers various financial services, including commercial loans, personal banking, and wealth management. Fentura has been recognized among the Top 50 performing stocks on the OTCQX exchange.

Positive
  • Regular dividend of $0.09 per share enhances shareholder returns.
  • Recognized as one of the Top 50 performing stocks on OTCQX.
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  • None.

FENTON, Mich., July 28, 2022 (GLOBE NEWSWIRE) -- Fentura Financial, Inc. (OTCQX: FETM) has announced a regular dividend of $0.09 per share for shareholders of record as of August 8, 2022, and payable August 15, 2022.

About Fentura Financial, Inc. and The State Bank

Fentura Financial, Inc. is the holding company for The State Bank. It was formed in 1987 and is traded on the OTCQX exchange under the symbol FETM, and has been recognized as one of the Top 50 performing stocks on that exchange.

The State Bank is a full-service, 5-Star Bauer Financial rated commercial, retail and trust bank headquartered in Fenton, Michigan. It currently operates 19 full-service branches in Genesee, Ingham, Jackson, Livingston, Oakland, Saginaw, and Shiawassee Counties. The State Bank’s commercial department provides a complete array of products including lines of credit, term loans, commercial mortgages, SBA loans and a full-suite of cash management products. The retail department offers personal checking, savings, time and IRA deposit accounts and a wide array of loan products including home equity, auto and personal loans. The residential loan department offers construction, purchase and refinance residential mortgage loans. The wealth management department offers a full-service suite of trust and portfolio management services. More information can be found at www.thestatebank.com or www.fentura.com.

Cautionary Statement: This press release contains certain forward-looking statements that involve risks and uncertainties. Forward-looking statements include, but are not limited to, statements concerning future growth in earning assets and net income. Such statements are subject to certain risks and uncertainties which could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, products, services, interest rates and fees for services. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Contacts:  Ronald L. Justice  Aaron D. Wirsing
  President & CEO  Chief Financial Officer
  Fentura Financial, Inc.   Fentura Financial, Inc.
  810.714.3902  810.714.3925
  ron.justice@thestatebank.com  aaron.wirsing@thestatebank.com


FAQ

What is the dividend amount for Fentura Financial in 2022?

Fentura Financial announced a dividend of $0.09 per share for 2022.

When is the dividend payable for FETM shareholders?

The dividend is payable on August 15, 2022, to shareholders of record as of August 8, 2022.

How many branches does The State Bank operate?

The State Bank operates 19 full-service branches across several counties.

What financial services does Fentura Financial offer?

Fentura offers commercial, retail banking, wealth management, and trust services.

What exchange is Fentura Financial traded on?

Fentura Financial is traded on the OTCQX exchange under the symbol FETM.

Fentura Finl Inc

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