Fentura Financial, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Fentura Financial, Inc. (OTCQX: FETM) declared a regular dividend of $0.08 per share, payable on February 15, 2021 to shareholders of record as of February 8, 2021. Established in 1987, Fentura is the holding company for The State Bank, which operates 15 branches in Michigan and has been recognized for its strong performance. The State Bank is a 5-Star rated institution, ranking #22 by S&P Global among banks with assets under $2 billion. The bank offers a variety of financial services, including commercial and retail banking products.

Positive

• Declared a regular dividend of $0.08 per share.
• Recognized for strong performance with a 5-Star Bauer Financial rating.
• Ranked #22 by S&P Global for performance among banks under $2 billion in assets.

Negative

• None.

FENTON, Mich., Jan. 29, 2021 (GLOBE NEWSWIRE) -- Fentura Financial, Inc. (OTCQX: FETM) has announced a regular dividend of $0.08 per share for shareholders of record as of February 8, 2021, and payable February 15, 2021.

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 was recognized as one of the Top 50 performing stocks in 2018 and 2019 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 15 full-service branches in Genesee, Livingston, Oakland, Saginaw, and Shiawassee Counties and a loan production office in Saginaw County. The State Bank was ranked #22 by S&P Global in terms of 2019 performance for banks under $2 billion in assets. 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
	ronj@thestatebank.com	aaronw@thestatebank.com

FAQ

What is the dividend amount for Fentura Financial (FETM)?

Fentura Financial declared a dividend of $0.08 per share.

When is the dividend payment date for FETM?

The dividend is payable on February 15, 2021.

Who is eligible for the FETM dividend?

Shareholders of record as of February 8, 2021, are eligible for the dividend.

How has Fentura Financial (FETM) performed historically?

Fentura Financial was recognized as one of the Top 50 performing stocks in 2018 and 2019.