Fentura Financial, Inc.

Fentura Financial, Inc.

FETM
Fentura Financial, Inc.US flagOther OTC
42.70
USD
+0.15
- -
192.06MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
6.28
6.23
6.73
7.48
8.39
8.79
9.66
10.08
9.07
12.48
12.54
13.96
13.58
13.6
Basic EPS, GAAP
-0.86
0.52
3.44
1.35
1.87
1.7
2.39
2.65
2.49
3.31
3.6
3.38
3.3
3.31
Free Cash Flow per Basic Share
6.37
-0.18
0.28
1.37
1.17
1.97
1.69
3.61
-0.92
3.05
8
4.25
3.22
- -
Dividend per Share
- -
- -
- -
0.09
0.12
0.39
0.2
0.24
0.28
0.3
0.32
0.36
0.4
- -
Book Value per Share
6.26
6.61
10
11.23
12.98
19.51
16.31
23.57
21.66
24.65
27.17
30.89
33.51
33.56
Tangible Book Value per Share
6.27
6.69
10.03
11.28
12.93
17.22
14.15
21.39
20.09
22.96
23.14
24.36
27.19
27.23
Basic Weighted Avg Shares
2
2
2
2
3
3
4
4
5
5
5
4
4
4
Sales/Revenue/Turnover
15
15
17
19
21
23
35
38
42
58
58
62
60
60
Operating Margin (%)
- -
8.86
20.28
27.26
33.68
29.37
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
1
1
1
1
2
3
3
5
3
3
3
- -
Net Income, GAAP
-2
1
8
3
5
4
9
10
12
15
17
15
15
15
Effective Tax Rate (%)
- -
5.46
- -
33.96
33.91
34.05
24.9
18.65
20.26
20.19
20.18
19.9
19.86
19.86
Profit Margin (%)
-13.66
8.38
51.09
18
22.26
19.37
24.78
26.33
27.49
26.53
28.72
24.19
24.3
24.3
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
15
15
25
35
35
45
44
69
62
49
50
222
198
198
Total Equity
15
16
25
28
32
51
59
90
101
116
124
126
139
139
Return on Invested Capital (%)
- -
3.95
- -
5.97
7.21
5.45
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-13.08
8.25
41.68
12.75
15.48
10.64
15.77
13.58
12.16
14.34
13.8
11.41
10.26
10.26

Capital Structure

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
- -
- -
- -
LT Borrowings
201
201
198
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
84
103
119

Working Capital

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
59
83
196
Accounts Receivable, Net
4
4
4
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
7
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.92%
9.25%
10%
Free Cash Flow
12.23%
-95.45%
-24.03%
Net Income, GAAP
12.91%
8.65%
-2.04%
Sales/Revenue/Turnover
14.8%
10.3%
-2.49%
Total Cash Common Dividend
- -
14.62%
11.29%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
14
15
16
16
62
2023
15
15
15
15
60
2024
14
14
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.69
0.79
0.91
- -
3.38
2023
0.87
0.73
0.85
- -
3.3
2024
0.44
0.19
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
0.36
2023
- -
- -
- -
- -
0.4
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Ronald L. Justice
Full Time Employees
212
Sector
Financial Services
Industry
Banks - Regional
Address
175 North Leroy Leroy Street Fenton MI United States of America 48430
IPO Date
Mar 16, 1999
Business
Fentura Financial, Inc. (Nasdaq: FETM) operates as a financial holding company providing community banking services through its subsidiaries to individuals, businesses, and municipalities primarily in Michigan. The company offers a range of banking products and services, including deposit products such as checking accounts, savings accounts, money market accounts, and certificates of deposit; lending products encompassing commercial real estate loans, commercial and industrial loans, agricultural loans, construction and land development loans, residential real estate loans, and consumer installment loans; and additional services like wealth management, investment advisory, cash management, online and mobile banking, remote deposit capture, and merchant services. Fentura Financial serves retail, commercial, agricultural, and municipal customers across its banking centers located in Michigan communities including Alma, Belding, Carson City, Edmore, Fenwick, Greenville, Ithaca, Lakeview, and Stanton. Founded in 1917 and headquartered in Alma, Michigan, the company conducts its operations exclusively within the United States, focusing on the Midwest region through its primary banking subsidiary, Fentura Bank Corp., and other affiliates handling trust, investment, and insurance services. In recent developments, Fentura Financial announced its initial public offering and listing on Nasdaq under the ticker FETM in October 2024, marking a significant transition from a private mutual holding company structure to a publicly traded entity to support growth and capital access. The company has pursued strategic expansions, including the 2023 acquisition of two branch offices to broaden its footprint in central Michigan, alongside ongoing enhancements to digital banking platforms and community-focused lending initiatives amid rising interest rates.

Company News

APIChatGPT
  • The Texas-Size Fight Over Rick Perry's Nuclear Power Startup

  • ChoiceOne Financial Services, Inc. and Fentura Financial, Inc. Complete Merger

  • ChoiceOne Financial Services, Inc. Receives Regulatory Approval for Merger with Fentura Financial, Inc.

  • Fentura Financial, Inc. Announces Fourth Quarter 2024 Earnings (unaudited)

  • ChoiceOne Financial Services, Inc. and Fentura Financial, Inc. Shareholders Approve Merger

  • FENTURA FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Fentura Financial, Inc. - FETM

  • Fentura Financial, Inc. Announces Third Quarter 2024 Earnings (unaudited)

  • Fentura Financial, Inc. Announces Quarterly Dividend

  • Fentura Financial, Inc. Announces Quarterly Dividend

  • ChoiceOne Financial Services, Inc. Announces Merger with Fentura Financial, Inc.

  • ChoiceOne Financial Services, Inc. Announces Merger with Fentura Financial, Inc.

  • Fentura Financial, Inc. Announces Second Quarter 2024 Earnings (Unaudited)

  • Fentura Financial, Inc. Announces First Quarter 2024 Earnings (Unaudited)

  • Fentura Financial, Inc. Announces Quarterly Dividend

  • Fentura Financial, Inc. Announces Annual Meeting Voting Results

  • Fentura Financial, Inc. Announces Fourth Quarter 2023 Earnings (unaudited)

  • Fentura Financial, Inc. Announces Quarterly Dividend

  • Fentura Financial, Inc. Announces Quarterly Dividend

  • Fentura Financial, Inc. Announces Third Quarter 2023 Earnings (unaudited)

  • The State Bank Celebrates its 125th Anniversary