Southern Michigan Bancorp Inc. (OTCMKTS:SOMC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $20.52 and traded as high as $25.00. Southern Michigan Bancorp shares last traded at $25.00, with a volume of 2,555 shares traded.
Southern Michigan Bancorp Stock Performance
The company has a debt-to-equity ratio of 1.17, a current ratio of 0.94 and a quick ratio of 0.94. The company has a 50 day simple moving average of $22.95 and a 200-day simple moving average of $20.63. The firm has a market cap of $115.60 million, a PE ratio of 10.00 and a beta of 0.11.
Southern Michigan Bancorp (OTCMKTS:SOMC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The financial services provider reported $0.70 earnings per share (EPS) for the quarter. Southern Michigan Bancorp had a return on equity of 10.51% and a net margin of 13.02%.The business had revenue of $14.45 million for the quarter.
Southern Michigan Bancorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Monday, July 7th were given a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.6%. Southern Michigan Bancorp's dividend payout ratio (DPR) is presently 25.60%.
Southern Michigan Bancorp Company Profile
(
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Southern Michigan Bancorp, Inc operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest Michigan communities. Its deposit products include interest and non-interest checking, savings, and various types of money market accounts; time, savings, and demand deposits; and certificates of deposit and IRAs.
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