OTCMKTS:SOMC - Southern Michigan Bancorp Stock Price, News, & Analysis

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$38.10 0.00 (0.00 %)
(As of 12/13/2018 01:48 AM ET)
Previous Close$38.10
Today's Range$38.10 - $38.10
52-Week Range$35.25 - $49.00
Volume1,100 shs
Average Volume1,340 shs
Market Capitalization$88.42 million
P/E Ratio11.01
Dividend Yield2.31%
Beta0.37
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 southern Michigan communities. Its deposit products include interest and non-interest checking, passbook savings, and various types of money market accounts; time, savings, and demand deposits; and certificates of deposit. The company also provides home mortgages, equity loans, and personal loans; business loans, such as lines of credit, term loans, commercial real estate loans, agriculture loans, letters of credit, small business administration loans, and capital access loans; industrial, construction, and inventory loans; and consumer lending products comprising direct and indirect loans to purchasers of residential real property and consumer goods. In addition, it offers trust and investment services that include investment management, trustee, individual retirement account rollovers and retirement plan, institutional and personal custody, estate settlement, wealth management, estate and wealth transfer planning assistance, charitable gift planning assistance, and cash management custody services; and safe deposit box and automated teller machine services. Further, the company provides online and mobile banking, bill pay, e-statements, health savings account, business succession planning, life insurance, and remote deposit capture services, as well as payroll, prepaid, gift, and credit cards. It operates through a network of 14 banking offices located in Battle Creek, Camden, Centreville, Coldwater, Constantine, Hillsdale, Marshall, Mendon, Portage, Tekonsha, Three Rivers, and Union City, Michigan, as well as a loan production office located in Angola, Indiana. The company was founded in 1871 and is based in Coldwater, Michigan.

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Industry, Sector and Symbol

Stock Exchange OTCMKTS
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolOTCMKTS:SOMC
Previous SymbolNASDAQ:SOMC
CUSIPN/A
Phone517-279-5500

Debt

Debt-to-Equity Ratio0.61
Current Ratio0.94
Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio11.01
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$31.76 million
Price / Sales2.78
Cash Flow$3.4079 per share
Price / Cash Flow11.18
Book Value$29.25 per share
Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$5.42 million
Net Margins20.00%
Return on Equity11.37%
Return on Assets1.11%

Miscellaneous

EmployeesN/A
Outstanding Shares2,320,000
Market Cap$88.42 million
OptionableNot Optionable

Southern Michigan Bancorp (OTCMKTS:SOMC) Frequently Asked Questions

What is Southern Michigan Bancorp's stock symbol?

Southern Michigan Bancorp trades on the OTCMKTS under the ticker symbol "SOMC."

How often does Southern Michigan Bancorp pay dividends? What is the dividend yield for Southern Michigan Bancorp?

Southern Michigan Bancorp announced a quarterly dividend on Tuesday, December 19th. Investors of record on Friday, January 5th will be paid a dividend of $0.21 per share on Friday, January 19th. This represents a $0.84 annualized dividend and a yield of 2.20%. The ex-dividend date is Thursday, January 4th. View Southern Michigan Bancorp's Dividend History.

How were Southern Michigan Bancorp's earnings last quarter?

Southern Michigan Bancorp (OTCMKTS:SOMC) issued its quarterly earnings results on Wednesday, October, 24th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter. The financial services provider earned $8.10 million during the quarter. Southern Michigan Bancorp had a net margin of 20.00% and a return on equity of 11.37%. View Southern Michigan Bancorp's Earnings History.

When is Southern Michigan Bancorp's next earnings date?

Southern Michigan Bancorp is scheduled to release their next quarterly earnings announcement on Friday, February 15th 2019. View Earnings Estimates for Southern Michigan Bancorp.

Has Southern Michigan Bancorp been receiving favorable news coverage?

News articles about SOMC stock have been trending very positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Southern Michigan Bancorp earned a media sentiment score of 3.6 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Southern Michigan Bancorp's key competitors?

Who are Southern Michigan Bancorp's key executives?

Southern Michigan Bancorp's management team includes the folowing people:
  • Mr. John H. Castle, Chairman & CEO (Age 61)
  • Mr. Kurt G. Miller, Pres, Chief Credit Officer & Director (Age 62)
  • Ms. Danice L. Chartrand, Sr. VP, Treasurer, Sec. & CFO (Age 51)
  • Mr. Jaylen T. Johnson, Exec. VP & Sec. (Age 75)
  • Mr. Rick Feller, VP of Retail Loans, Sr. Collections Administrator of Southern Michigan Bank & Trust

How do I buy shares of Southern Michigan Bancorp?

Shares of SOMC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Southern Michigan Bancorp's stock price today?

One share of SOMC stock can currently be purchased for approximately $38.10.

How big of a company is Southern Michigan Bancorp?

Southern Michigan Bancorp has a market capitalization of $88.42 million and generates $31.76 million in revenue each year.

What is Southern Michigan Bancorp's official website?

The official website for Southern Michigan Bancorp is http://www.smb-t.com.

How can I contact Southern Michigan Bancorp?

Southern Michigan Bancorp's mailing address is 51 W PEARL ST, COLDWATER MI, 49036. The financial services provider can be reached via phone at 517-279-5500 or via email at [email protected]


MarketBeat Community Rating for Southern Michigan Bancorp (OTCMKTS SOMC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  79 (Vote Outperform)
Underperform Votes:  77 (Vote Underperform)
Total Votes:  156
MarketBeat's community ratings are surveys of what our community members think about Southern Michigan Bancorp and other stocks. Vote "Outperform" if you believe SOMC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SOMC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2018 by MarketBeat.com Staff

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