AAPL   331.50 (+2.85%)
MSFT   187.20 (+2.34%)
FB   230.77 (+1.98%)
GOOGL   1,440.02 (+1.82%)
AMZN   2,483.00 (+0.91%)
NVDA   356.80 (+1.75%)
CGC   16.51 (-0.72%)
BABA   219.55 (+0.69%)
MU   53.72 (+4.88%)
GE   7.88 (+1.81%)
TSLA   885.66 (+2.46%)
AMD   53.10 (+0.89%)
T   32.77 (+3.05%)
ACB   13.94 (-2.04%)
F   7.34 (+5.46%)
GILD   76.75 (-1.02%)
DIS   124.82 (+0.91%)
NFLX   419.60 (+1.27%)
BAC   28.11 (+4.97%)
BA   205.43 (+11.47%)
AAPL   331.50 (+2.85%)
MSFT   187.20 (+2.34%)
FB   230.77 (+1.98%)
GOOGL   1,440.02 (+1.82%)
AMZN   2,483.00 (+0.91%)
NVDA   356.80 (+1.75%)
CGC   16.51 (-0.72%)
BABA   219.55 (+0.69%)
MU   53.72 (+4.88%)
GE   7.88 (+1.81%)
TSLA   885.66 (+2.46%)
AMD   53.10 (+0.89%)
T   32.77 (+3.05%)
ACB   13.94 (-2.04%)
F   7.34 (+5.46%)
GILD   76.75 (-1.02%)
DIS   124.82 (+0.91%)
NFLX   419.60 (+1.27%)
BAC   28.11 (+4.97%)
BA   205.43 (+11.47%)
AAPL   331.50 (+2.85%)
MSFT   187.20 (+2.34%)
FB   230.77 (+1.98%)
GOOGL   1,440.02 (+1.82%)
AMZN   2,483.00 (+0.91%)
NVDA   356.80 (+1.75%)
CGC   16.51 (-0.72%)
BABA   219.55 (+0.69%)
MU   53.72 (+4.88%)
GE   7.88 (+1.81%)
TSLA   885.66 (+2.46%)
AMD   53.10 (+0.89%)
T   32.77 (+3.05%)
ACB   13.94 (-2.04%)
F   7.34 (+5.46%)
GILD   76.75 (-1.02%)
DIS   124.82 (+0.91%)
NFLX   419.60 (+1.27%)
BAC   28.11 (+4.97%)
BA   205.43 (+11.47%)
AAPL   331.50 (+2.85%)
MSFT   187.20 (+2.34%)
FB   230.77 (+1.98%)
GOOGL   1,440.02 (+1.82%)
AMZN   2,483.00 (+0.91%)
NVDA   356.80 (+1.75%)
CGC   16.51 (-0.72%)
BABA   219.55 (+0.69%)
MU   53.72 (+4.88%)
GE   7.88 (+1.81%)
TSLA   885.66 (+2.46%)
AMD   53.10 (+0.89%)
T   32.77 (+3.05%)
ACB   13.94 (-2.04%)
F   7.34 (+5.46%)
GILD   76.75 (-1.02%)
DIS   124.82 (+0.91%)
NFLX   419.60 (+1.27%)
BAC   28.11 (+4.97%)
BA   205.43 (+11.47%)
Log in

OTCMKTS:SOMCSouthern Michigan Bancorp Stock Price, Forecast & News

$28.50
+0.50 (+1.79 %)
(As of 06/5/2020 04:00 PM ET)
Add
Compare
Today's Range
$28.50
Now: $28.50
$28.50
50-Day Range
$25.50
MA: $27.42
$30.00
52-Week Range
$25.00
Now: $28.50
$39.80
Volume478 shs
Average Volume1,132 shs
Market Capitalization$66.09 million
P/E Ratio7.98
Dividend Yield3.29%
Beta0.55
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.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.21 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$40.21 million
Cash Flow$4.62 per share
Book Value$36.00 per share

Profitability

Net Income$8.62 million

Miscellaneous

EmployeesN/A
Market Cap$66.09 million
Next Earnings Date7/22/2020 (Estimated)
OptionableNot Optionable

Receive SOMC News and Ratings via Email

Sign-up to receive the latest news and ratings for SOMC and its competitors with MarketBeat's FREE daily newsletter.

Southern Michigan Bancorp (OTCMKTS:SOMC) Frequently Asked Questions

How has Southern Michigan Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Southern Michigan Bancorp's stock was trading at $30.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SOMC stock has decreased by 6.3% and is now trading at $28.50. View which stocks have been most impacted by Coronavirus.

When is Southern Michigan Bancorp's next earnings date?

Southern Michigan Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Southern Michigan Bancorp.

How were Southern Michigan Bancorp's earnings last quarter?

Southern Michigan Bancorp (OTCMKTS:SOMC) released its earnings results on Wednesday, April, 29th. The financial services provider reported $0.66 EPS for the quarter. The financial services provider earned $8.22 million during the quarter. Southern Michigan Bancorp had a net margin of 20.29% and a return on equity of 10.02%. View Southern Michigan Bancorp's earnings history.

Has Southern Michigan Bancorp been receiving favorable news coverage?

Media coverage about SOMC stock has been trending very positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Southern Michigan Bancorp earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the next few days. View the latest news aboutSouthern Michigan Bancorp.

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

What other stocks do shareholders of Southern Michigan Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southern Michigan Bancorp investors own include Macatawa Bank (MCBC), McDermott International (MDR), ABM Industries (ABM), Boeing (BA), Blueberries Medical (BBM), BankFinancial (BFIN), Berkshire Hills Bancorp (BHLB), BioMarin Pharmaceutical (BMRN), Cambridge Bancorp (CATC) and Cintas (CTAS).

Who are Southern Michigan Bancorp's key executives?

Southern Michigan Bancorp's management team includes the following 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)

What is Southern Michigan Bancorp's stock symbol?

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

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 $28.50.

How big of a company is Southern Michigan Bancorp?

Southern Michigan Bancorp has a market capitalization of $66.09 million and generates $40.21 million in revenue each year.

What is Southern Michigan Bancorp's official website?

The official website for Southern Michigan Bancorp is 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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.