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

-1.25 (-3.14 %)
(As of 02/21/2020 08:13 AM ET)
Today's Range
Now: $38.55
50-Day Range
MA: $38.53
52-Week Range
Now: $38.55
Volume100 shs
Average Volume326 shs
Market Capitalization$89.44 million
P/E Ratio10.31
Dividend Yield2.31%
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, real estate, 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. The company was founded in 1871 and is based in Coldwater, Michigan.

Industry, Sector and Symbol

Industry State commercial banks
Current SymbolOTCMKTS:SOMC
Previous SymbolNASDAQ:SOMC



Sales & Book Value

Annual Sales$40.21 million
Cash Flow$4.11 per share
Book Value$32.62 per share


Net Income$8.62 million


Market Cap$89.44 million
Next Earnings Date4/22/2020 (Estimated)
OptionableNot Optionable

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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 were Southern Michigan Bancorp's earnings last quarter?

Southern Michigan Bancorp (OTCMKTS:SOMC) released its earnings results on Thursday, February, 13th. The financial services provider reported $0.80 earnings per share for the quarter. The financial services provider earned $8.49 million during the quarter. Southern Michigan Bancorp had a return on equity of 10.78% and a net margin of 21.44%. 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 Wednesday, April 22nd 2020. View Earnings Estimates for Southern Michigan Bancorp.

Has Southern Michigan Bancorp been receiving favorable news coverage?

Headlines about SOMC stock have been trending somewhat positive on Friday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Southern Michigan Bancorp earned a daily sentiment score of 1.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Southern Michigan Bancorp.

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

What other stocks do shareholders of Southern Michigan Bancorp own?

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 62)
  • Mr. Kurt G. Miller, Pres, Chief Credit Officer & Director (Age 63)
  • Ms. Danice L. Chartrand, Sr. VP, Treasurer, Sec. & CFO (Age 52)
  • Mr. Jaylen T. Johnson, Exec. VP & Sec. (Age 76)
  • Mr. Charles James Scott Clark, Director (Age 48)

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, Robinhood, Fidelity and Charles Schwab.

What is Southern Michigan Bancorp's stock price today?

One share of SOMC stock can currently be purchased for approximately $38.55.

How big of a company is Southern Michigan Bancorp?

Southern Michigan Bancorp has a market capitalization of $89.44 million and generates $40.21 million in revenue each year. View Additional Information About Southern Michigan Bancorp.

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:  95 (Vote Outperform)
Underperform Votes:  93 (Vote Underperform)
Total Votes:  188
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 2/21/2020 by MarketBeat.com Staff

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