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Fentura Financial, Inc. operates as the holding company for the State Bank, providing a range of banking products and services in the United States. The company offers various accounts, loans, wealth management, trust, and insurance services. With 15 full-service branches in Michigan, Fentura Financial has been serving individuals, small businesses, and governmental entities since 1898.
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Fentura Financial, Inc. held its 2024 Annual Meeting of Shareholders on April 24, 2024, with various proposals voted on. The Company's Proxy Statement outlined the details sent to shareholders prior to the meeting.
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Fentura Financial, Inc. (OTCQX: FETM) reported net income of $3,784 and $14,629 for the quarter and year ended December 31, 2023, respectively. The company experienced higher interest expenses due to a rapid increase in interest rates, impacting its cost of funds and reducing net interest income. Despite this, 2023 was a solid year of profitability, with a 10% year-over-year increase in total shareholders' equity, reaching a record $138.7 million at December 31, 2023. The company plans to make strategic investments in expanding wealth and treasury management capabilities in 2024.
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Fentura Financial, Inc. (FETM) has declared a regular dividend of $0.11 per share for shareholders of record as of February 5, 2024, payable on February 12, 2024.
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Fentura Financial, Inc. announces regular dividend of $0.10 per share
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Fentura Financial, Inc. (OTCQX: FETM) announces quarterly net income results of $3,775 and $10,845 for the three and nine months ended September 30, 2023.
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The State Bank celebrates its 125th anniversary, highlighting its history and commitment to the community.
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Fentura Financial, Inc. announces the results of its 2023 Annual Meeting of Shareholders. Directors were elected and approval was given for the Independent Registered Public Accounting Firm. Shareholders also voted on a directive to evaluate extraordinary corporate transactions.
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FAQ
What is the current stock price of Fentura Finl (FETM)?
The current stock price of Fentura Finl (FETM) is $42.75 as of February 25, 2025.
What is the market cap of Fentura Finl (FETM)?
The market cap of Fentura Finl (FETM) is approximately 193.4M.
What does Fentura Financial, Inc. do?
Fentura Financial operates as a holding company for State Bank, offering banking products and services to individuals, small businesses, and governmental entities in the United States.
Where is Fentura Financial, Inc. located?
The company operates 15 full-service branches in Genesee, Livingston, Oakland, Saginaw, and Shiawassee counties in central and southeastern Michigan.
When was Fentura Financial, Inc. founded?
Fentura Financial, Inc. was founded in 1898.
What services does Fentura Financial, Inc. offer?
The company provides checking accounts, savings accounts, loans, wealth management, trust, insurance, and online banking services.
What types of loans does Fentura Financial, Inc. offer?
Fentura Financial offers residential mortgage, home equity, personal, commercial real estate, small business administration loans, and business loans for various purposes.
How many branches does Fentura Financial, Inc. have?
Fentura Financial operates 15 full-service branches in Michigan.
What are the key products of Fentura Financial, Inc.?
Key products include checking accounts, savings accounts, loans, wealth management, trust, and insurance services.
Does Fentura Financial, Inc. provide online banking services?
Yes, the company offers online and mobile banking services.
What are the main regions served by Fentura Financial, Inc.?
The company serves Genesee, Livingston, Oakland, Saginaw, and Shiawassee counties in central and southeastern Michigan.
What is the focus of Fentura Financial, Inc.?
Fentura Financial focuses on providing banking products and services to individuals, small businesses, and governmental entities.
How can I access the latest news and updates about Fentura Financial, Inc.?
You can stay informed about Fentura Financial by visiting their official newsroom or following their press releases.
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