Fentura Financial, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Fentura Financial, Inc. (OTCQX: FETM) has declared a regular dividend of $0.08 per share for shareholders of record as of May 10, 2021, with a payment date set for May 17, 2021. This dividend reflects the company's commitment to returning value to its shareholders. Established in 1987, Fentura Financial is the holding company for The State Bank, a 5-Star Bauer Financial-rated institution operating 17 branches in Michigan. Recognized for strong performance, the bank was ranked #22 by S&P Global among banks under $2 billion in assets in 2019.

Positive

• Declared a regular dividend of $0.08 per share, indicating financial stability and commitment to shareholder value.
• Ranked #22 by S&P Global among banks under $2 billion in assets, showcasing strong performance.

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• None.

FENTON, Mich., April 26, 2021 (GLOBE NEWSWIRE) -- Fentura Financial, Inc. (OTCQX: FETM) has announced a regular dividend of $0.08 per share for shareholders of record as of May 10, 2021, and payable May 17, 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 17 full-service branches in Genesee, Livingston, Oakland, Saginaw, and Shiawassee Counties. 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
	ron.justice@thestatebank.com	aaron.wirsing@thestatebank.com

FAQ

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

Fentura Financial has announced a dividend of $0.08 per share.

What is the record date for Fentura Financial's dividend payment?

The record date for the dividend payment is May 10, 2021.

When is the dividend payable for Fentura Financial (FETM)?

The dividend is payable on May 17, 2021.

How did The State Bank perform in 2019 compared to its peers?

The State Bank was ranked #22 by S&P Global among banks with less than $2 billion in assets in 2019.