Fentura Financial, Inc. (FETM) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
DELISTED
What happened to Fentura Financial, Inc. (FETM) stock?
Fentura Financial, Inc. (FETM) no longer trades on public markets. The figures below are historical and are not a current quote.
P/E 12.94 means the share price is 12.94 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $192M is the value of all shares combined. Beta 0.59: the stock has moved about 41% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Fentura Financial, Inc. (FETM). Fentura Financial, Inc., operating as The State Bank's holding company, provides banking products and services to individuals, small businesses, and governmental entities. Market cap: $192M, Sector: Financial services.
Last analyzed: Mar 18, 2026Analyst Coverage for FETM: FETM does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FETM against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Dated analysis: the newest financial statements on file are 23 months old (Sep 30, 2024), so the figures and score below describe that period, not today.
FETM: the 2 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Fentura Financial, Inc. (FETM) Financial Services Profile
Fentura Financial, Inc., established in 1898, operates as a regional bank holding company for The State Bank, providing financial products and services to individuals, small businesses, and governmental entities. With a market capitalization of $192M and a P/E ratio of 12.94, Fentura focuses on community banking in Michigan.
What Is the Investment Thesis for FETM?
Fentura Financial, Inc. presents a focused investment opportunity within the regional banking sector. With a market capitalization of $192M and a P/E ratio of 12.94, the company demonstrates stable profitability, supported by a 24.3% profit margin and a 91.3% gross margin. Key value drivers include its established presence in Michigan and its focus on community banking. Growth catalysts involve expanding its loan portfolio and enhancing its digital banking capabilities. Potential risks include interest rate volatility and increased competition from larger regional and national banks. The company's beta of 0.59 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
FETM Key Highlights
Market capitalization of $192M indicates a relatively small but established regional bank.
- P/E ratio of 12.94 suggests a potentially undervalued stock compared to its earnings.
- Profit margin of 24.3% demonstrates strong profitability within the banking sector.
- Gross margin of 91.3% reflects efficient operations and cost management.
- Beta of 0.59 indicates lower volatility compared to the overall market, potentially appealing to risk-averse investors.
Who Are FETM's Competitors?
FETM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BOID Bank of Idaho Holding Company | $44.24 | -0.90% | $197M | — |
| CBOBA Bay Community Bancorp | $13.95 | +1.45% | $119M | — |
| CNBL Citizens National Bancshares of Bossier, Inc. | $25.00 | 0.00% | $165M | — |
| CRCBY Chongqing Rural Commercial Bank Co., Ltd. | $39.00 | 0.00% | $255M | — |
| FFBB FFB Bancorp | $89.06 | +1.32% | $278M | 509-signal |
| SBFG SB Financial Group, Inc. | $29.44 | +1.41% | $185M | 905-pillar |
| HWBK Hawthorn Bancshares, Inc. | $39.86 | +0.83% | $275M | 905-pillar |
| ATLO Ames National Corporation | $32.34 | +1.63% | $286M | 915-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are FETM's Key Strengths?
Established presence in the Michigan market.
- Strong focus on community banking and customer relationships.
- Solid profitability with a 24.3% profit margin.
- Efficient operations reflected in a 91.3% gross margin.
What Are FETM's Weaknesses?
Limited geographic diversification.
- Smaller scale compared to larger regional and national banks.
- Dependence on local economic conditions.
- Potential challenges in attracting and retaining talent in a competitive market.
What Could Drive FETM Stock Higher?
Potential expansion of digital banking services to attract new customers by Q4 2026.
- Strategic loan portfolio growth in targeted segments, driving revenue growth.
- Community engagement and brand building efforts to enhance customer loyalty.
- Implementation of a robust CRM system to improve customer relationship management by Q2 2027.
- Exploration of strategic M&A opportunities to expand market presence within 24-36 months.
What Are the Key Risks for FETM?
Financial-distress signal — its Altman Z-Score of -0.03 sits in the distress zone (elevated bankruptcy risk).
- Increased competition from larger regional and national banks.
- Interest rate volatility and its impact on net interest margin.
- Regulatory compliance and potential changes in banking regulations.
- Economic downturns and their impact on loan performance.
- Liquidity risks associated with trading on the OTC market.
What Are the Growth Opportunities for FETM?
- Expansion of Digital Banking Services: Fentura Financial can capitalize on the growing demand for digital banking solutions by enhancing its online and mobile banking platforms. This includes offering a wider range of digital services, such as mobile check deposit, online account opening, and personalized financial management tools. The market for digital banking is projected to reach $9 trillion by 2028, providing a significant opportunity for Fentura to attract and retain customers through enhanced digital offerings. Timeline: Ongoing.
- Strategic Loan Portfolio Growth: Fentura Financial can drive revenue growth by strategically expanding its loan portfolio. This involves targeting specific segments, such as small business loans and commercial real estate loans, where the bank has a competitive advantage. The small business lending market is expected to grow at a CAGR of 6% over the next five years, presenting a favorable environment for Fentura to increase its lending activities. Timeline: Ongoing.
- Community Engagement and Brand Building: Fentura Financial can strengthen its brand and attract new customers by actively engaging with the local communities it serves. This includes sponsoring local events, supporting community initiatives, and partnering with local organizations. Building a strong community presence can enhance the bank's reputation and foster customer loyalty. Timeline: Ongoing.
- Enhanced Customer Relationship Management (CRM): Implementing a robust CRM system can enable Fentura Financial to better understand its customers' needs and preferences, leading to more personalized service and targeted marketing efforts. By leveraging customer data, the bank can identify cross-selling opportunities and improve customer retention rates. Timeline: 12-18 months.
- Mergers and Acquisitions (M&A): Fentura Financial could explore strategic M&A opportunities to expand its market presence and enhance its product offerings. Acquiring smaller community banks or complementary financial service providers can provide access to new markets, customers, and technologies. The M&A market in the banking sector is expected to remain active, driven by consolidation trends and the desire to achieve economies of scale. Timeline: 24-36 months.
What Are FETM's Competitive Advantages?
- Established local presence and community relationships.
- Deep understanding of the local market and customer needs.
- Personalized service and local decision-making.
What Does FETM Do?
Fentura Financial, Inc. traces its origins back to 1898, when it was founded as The State Bank in Fenton, Michigan. Over the decades, the bank has evolved from a local community institution into a regional player, providing a comprehensive suite of banking products and services. These offerings cater to a diverse clientele, including individuals, small businesses, and governmental entities. Fentura Financial operates primarily through its subsidiary, The State Bank, which delivers traditional banking services such as deposit accounts, loans, and other financial solutions. The bank's commitment to its local communities is reflected in its focus on building long-term relationships with customers and supporting local economic development. Headquartered in Fenton, Michigan, Fentura Financial maintains a strong presence in the region, leveraging its deep roots and local expertise to serve its customers effectively. The company's strategy emphasizes personalized service, local decision-making, and a commitment to the financial well-being of its customers and communities.
What Products and Services Does FETM Offer?
- Provides banking products and services to individuals.
- Offers financial solutions to small businesses.
- Serves governmental entities with banking services.
- Operates as the bank holding company for The State Bank.
- Offers deposit accounts, including checking and savings accounts.
- Provides loan products, such as mortgages, auto loans, and business loans.
How Does FETM Make Money?
- Generates revenue through interest income from loans.
- Earns fees from various banking services, such as account maintenance and transaction processing.
- Manages deposits and provides lending services within its operational footprint.
What Industry Does FETM Operate In?
Fentura Financial, Inc. operates within the regional banking sector, which is characterized by intense competition and evolving customer expectations. The industry is undergoing digital transformation, with banks increasingly investing in technology to enhance customer experience and operational efficiency. Regulatory compliance and interest rate fluctuations are significant factors influencing the performance of regional banks. Fentura Financial competes with other regional banks, credit unions, and national financial institutions for market share in its geographic area.
Who Are FETM's Key Customers?
- Individuals seeking personal banking services.
- Small businesses requiring financial solutions.
- Governmental entities needing banking services.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price 5 days old
- ● Latest filing 711 days ago
- ● No analyst coverage
MoonshotScore History
Recorded daily since 2026-08-23 · 4 snapshots
| 2026-08-23 | 50 |
| 2026-08-24 | 50 |
| 2026-08-25 | 50 |
| 2026-08-26 | 50 |
What changed?
The score has stayed at 50.
Over the same 3 days the stock moved +0.0%.
Company Profile
Fentura Financial, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Fenton, US. The company is led by CEO Ronald L. Justice. FETM has traded publicly since 1999.
Fentura Financial, Inc. Financial Trajectory
Fentura Financial, Inc. (FETM) reported $13.6M in revenue for Q3 FY2024, a decline of 42.7% compared to the prior quarter. The company recorded net income of $867K, with diluted EPS of $0.19. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Financial Services stock should monitor closely.
How Fentura Financial, Inc. Is Valued
Fentura Financial, Inc. carries a market capitalization of $192M, placing it in the micro-cap category.
Key Financial Metrics
Return on equity for Fentura Financial, Inc. stands at 11.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.8%, showing how much profit it generates from its asset base. FETM trades at a trailing price-to-earnings ratio of 12.94, below the Financial Services sector average of ~17.50x. Its free cash flow yield is 7.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 26.71 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 7.7%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Fentura Financial, Inc.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of -0.03 places it in the distress zone, a signal of elevated financial risk.
Insider Activity
The most recent 12 insider filings for Fentura Financial, Inc. break down as 0 sales and 12 purchases. On net that is roughly 19K shares acquired (about $42K) — insiders putting money in tends to read as conviction.
FETM Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Established presence in the Michigan market.
- Strong focus on community banking and customer relationships.
- Solid profitability with a 24.3% profit margin.
- Efficient operations reflected in a 91.3% gross margin.
Bear Case
- Limited geographic diversification.
- Smaller scale compared to larger regional and national banks.
- Dependence on local economic conditions.
- Potential challenges in attracting and retaining talent in a competitive market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 FY2024 | $14M | $867,000 | $0.19 |
| Q2 FY2024 | $24M | $2M | $0.44 |
| Q1 FY2024 | $24M | $3M | $0.62 |
Q3 FY2024 · filed 30 Sep 2024 · Financial Modeling Prep
Based on FMP financials and quantitative analysis
FETM Latest News
No recent news available for FETM.
Leadership: Ronald L. Justice
CEO
Ronald L. Justice serves as the CEO of Fentura Financial, Inc. His background includes extensive experience in the banking and financial services industry. He has held various leadership positions throughout his career, focusing on strategic planning, risk management, and operational efficiency. Justice's expertise encompasses a deep understanding of community banking and a commitment to serving the financial needs of individuals and businesses in the local communities.
Track Record: Under Ronald L. Justice's leadership, Fentura Financial has maintained a strong focus on community banking and customer relationships. He has overseen the company's efforts to enhance its digital banking capabilities and expand its loan portfolio. Justice's strategic decisions have contributed to the company's solid profitability and efficient operations. He manages 212 employees.
FETM OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Fentura Financial, Inc. may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier often includes companies with distressed financials, early-stage ventures, or those that choose not to comply with stricter listing standards. Investors should exercise caution and conduct thorough due diligence before investing in companies on the OTC Other tier.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Lower liquidity and potential for price volatility.
- Higher risk of fraud or manipulation.
- Lack of regulatory oversight and investor protection.
- Potential for delisting or trading suspension.
- Verify the company's financial statements and SEC filings (if available).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Review the company's OTC Markets profile and disclosure statements.
- Check for any regulatory actions or legal proceedings against the company.
- Consult with a financial advisor before investing.
- Understand the risks associated with investing in OTC stocks.
- Established history as The State Bank since 1898.
- Operation as a bank holding company, suggesting regulatory oversight.
- Presence of a CEO and management team.
- Publicly available information, even if limited, on OTC Markets.
- Positive customer reviews or testimonials (if available).
Common Questions About FETM (Financial Services)
What happened to Fentura Financial, Inc. (FETM) stock?
Fentura Financial, Inc. (FETM) no longer trades on public markets. The figures below are historical and are not a current quote.
Can I still buy FETM shares?
No. FETM stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for FETM elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before FETM stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Fentura Financial, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Fentura Financial, Inc. do?
Fentura Financial, Inc. operates as the bank holding company for The State Bank, providing a range of banking products and services to individuals, small businesses, and governmental entities. These services include deposit accounts, loans, and other financial solutions.
What do analysts say about FETM stock?
However, key valuation metrics include a market capitalization of $192M and a P/E ratio of 12.94. The company's profit margin stands at 24.3%, and its gross margin is 91.3%. The company's beta of 0.59 suggests lower volatility compared to the broader market.
What are the main risks for FETM?
The main risks for Fentura Financial, Inc. include increased competition from larger regional and national banks, which could impact its market share and profitability.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC market data may have limited reliability compared to major exchanges.