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

$37.35 -0.15 (-0.40 %)
(As of 02/16/2018 04:00 PM ET)
Previous Close$37.35
Today's Range$37.35 - $37.35
52-Week Range$32.01 - $44.00
Volume390 shs
Average Volume687 shs
Market Capitalization$89.41 million
P/E Ratio13.99
Dividend Yield2.25%
Beta0.31

About Southern Michigan Bancorp (OTCMKTS:SOMC)

Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust (the Bank), Southern Michigan Bancorp Capital Trust I and 27 Marshall Street LLC. The Bank operates over 10 branches within Branch, Calhoun, Hillsdale, Kalamazoo and St. Joseph Counties. The Bank provides a range of consumer, business and wealth management services. It offers a range of personal banking services, including checking, savings, certificate of deposits (CDs)/individual retirement accounts (IRAs), investments and trust, loans and online services. It also offers checking, savings, investments and trust, loans, online services and business solutions. Its Trust services include investment management, trust and estate services, and individual retirement plans. Its brokerage services include investments, retirement plans, insurance, annuities and college education plans.

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Industry, Sector and Symbol

Industry Regional - Midwest Banks
Sub-IndustryN/A
SectorFinance
SymbolOTCMKTS:SOMC
CUSIPN/A
Phone+1-517-2795500

Debt

Debt-to-Equity Ratio0.51%
Current Ratio0.91%
Quick Ratio0.91%

Price-To-Earnings

Trailing P/E Ratio13.9887640449438
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$28.88 million
Price / Sales3.09
Cash Flow$3.33 per share
Price / Cash11.23
Book Value$29.29 per share
Price / Book1.28

Profitability

Trailing EPS$2.67
Net Income$6.09 million
Net Margins20.68%
Return on Equity9.04%
Return on Assets0.97%

Miscellaneous

EmployeesN/A
Outstanding Shares2,390,000

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. Stockholders 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 dividend yield of 2.25%. The ex-dividend date of this dividend 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) announced its earnings results on Thursday, October, 26th. The financial services provider reported $0.75 earnings per share for the quarter. The financial services provider earned $7.42 million during the quarter. Southern Michigan Bancorp had a return on equity of 9.04% and a net margin of 20.68%. View Southern Michigan Bancorp's Earnings History.

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:

  • John H. Castle, Chairman of the Board, Chief Executive Officer (Age 55)
  • Danice L. Chartrand, Chief Financial Officer, Senior Vice President, Treasurer, Secretary (Age 46)
  • Kurt G. Miller, President, Director (Age 57)
  • Charles James Scott Clark, Director
  • Patrick H. Flannery, Director
  • Dean Calhoun, Independent Director (Age 54)
  • John S. Carton, Independent Director (Age 72)
  • H. Kenneth Cole, Independent Director (Age 64)

How do I buy Southern Michigan Bancorp stock?

Shares of Southern Michigan Bancorp 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 Southern Michigan Bancorp stock can currently be purchased for approximately $37.35.

How big of a company is Southern Michigan Bancorp?

Southern Michigan Bancorp has a market capitalization of $89.41 million and generates $28.88 million in revenue each year. The financial services provider earns $6.09 million in net income (profit) each year or $2.67 on an earnings per share basis.

How can I contact Southern Michigan Bancorp?

Southern Michigan Bancorp's mailing address is 51 W Pearl St, COLDWATER, MI 49036-1933, United States. The financial services provider can be reached via phone at +1-517-2795500 or via email at [email protected]mb-t.com.


MarketBeat Community Rating for Southern Michigan Bancorp (SOMC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  33 (Vote Outperform)
Underperform Votes:  36 (Vote Underperform)
Total Votes:  69
MarketBeat's community ratings are surveys of what our community members think about Southern Michigan Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Southern Michigan Bancorp (OTCMKTS:SOMC) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Southern Michigan Bancorp (OTCMKTS:SOMC) Earnings History and Estimates Chart

Earnings by Quarter for Southern Michigan Bancorp (OTCMKTS:SOMC)

Southern Michigan Bancorp (OTCMKTS SOMC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017Q3 2017$0.75$7.42 millionViewN/AView Earnings Details
7/28/2017Q2 2017$0.63$7.10 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.59$6.89 millionViewN/AView Earnings Details
2/17/2017Q4 2016$0.70$6.93 millionViewN/AView Earnings Details
10/25/2016Q3 2016$0.69$6.73 millionViewN/AView Earnings Details
7/26/2016Q2 2016$0.58$6.60 millionViewN/AView Earnings Details
4/26/2016Q1 2016$0.57$6.82 millionViewN/AView Earnings Details
2/15/2016Q4 2015$0.50$6.68 millionViewN/AView Earnings Details
10/20/2015Q3 2015$0.64$6.67 millionViewN/AView Earnings Details
7/21/2015Q2 2015$0.79$7.18 millionViewN/AView Earnings Details
4/28/2015Q1 2015$0.50$6.36 millionViewN/AView Earnings Details
2/13/2015Q4 2014$0.51$6.46 millionViewN/AView Earnings Details
10/21/2014Q3 2014$0.54$6.45 millionViewN/AView Earnings Details
7/22/2014Q2 2014$0.48$6.30 millionViewN/AView Earnings Details
4/21/2014Q1 14$0.46$6.11 millionViewN/AView Earnings Details
2/14/2014Q4 2013$0.49$6.37 millionViewN/AView Earnings Details
10/23/2013Q3 2013$0.50$6.42 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.45$6.20 millionViewN/AView Earnings Details
4/22/2013Q1 13$0.44$6.01 millionViewN/AView Earnings Details
2/18/2013Q4 2012$0.49ViewN/AView Earnings Details
10/26/2012Q3 2012$0.49ViewN/AView Earnings Details
7/27/2012Q2 2012$0.43ViewN/AView Earnings Details
4/27/2012Q1 2012$0.42ViewN/AView Earnings Details
2/20/2012Q4 2011$0.43ViewN/AView Earnings Details
10/24/2011Q3 2011$0.38ViewN/AView Earnings Details
7/22/2011Q2 2011$0.33ViewN/AView Earnings Details
4/29/2011Q1 2011$0.32ViewN/AView Earnings Details
2/18/2011Q4 2010$0.30ViewN/AView Earnings Details
10/29/2010Q3 2010$0.38ViewN/AView Earnings Details
7/30/2010Q2 2010$0.35ViewN/AView Earnings Details
4/28/2010Q1 2010$0.30ViewN/AView Earnings Details
10/26/2009Q3 2009$0.34ViewN/AView Earnings Details
7/29/2009Q2 2009$0.33ViewN/AView Earnings Details
5/4/2009Q1 2009($0.12)ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Southern Michigan Bancorp (OTCMKTS:SOMC) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Southern Michigan Bancorp (OTCMKTS:SOMC) Dividend Information

Most Recent Dividend:1/19/2018
Annual Dividend:$0.84
Dividend Yield:2.25%
Payout Ratio:31.46% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Southern Michigan Bancorp (OTCMKTS:SOMC)

Southern Michigan Bancorp (OTCMKTS:SOMC) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/19/2017Quarterly$0.211/4/20181/5/20181/19/2018
9/19/2017$0.2110/5/201710/6/201710/20/2017
9/20/2017Quarterly$0.2110/5/201710/6/201710/20/2017
9/23/2014quarterly$0.1510/10/201410/24/2014
5/8/2014quarterly$0.157/3/20147/18/2014
3/18/2014quarterly$0.134/4/20144/18/2014
12/20/2013quarterly$0.131/10/20141/24/2014
9/24/2013quarterly$0.1310/4/201310/18/2013
6/18/2013quarterly$0.127/5/20137/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Southern Michigan Bancorp (OTCMKTS SOMC)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Southern Michigan Bancorp (OTCMKTS SOMC) News Headlines

Source:
DateHeadline
Southern Michigan Bancorp Inc. (SOMC) to Issue $0.21 Quarterly DividendSouthern Michigan Bancorp Inc. (SOMC) to Issue $0.21 Quarterly Dividend
www.americanbankingnews.com - December 20 at 3:20 PM
Southern Michigan Bancorp, Inc. :SOMC-US: Earnings Analysis: Q3, 2017 By the Numbers : December 19, 2017Southern Michigan Bancorp, Inc. :SOMC-US: Earnings Analysis: Q3, 2017 By the Numbers : December 19, 2017
finance.yahoo.com - December 19 at 11:07 AM
Southern Michigan Bancorp (SOMC) Lowered to Hold at ValuEngineSouthern Michigan Bancorp (SOMC) Lowered to Hold at ValuEngine
www.americanbankingnews.com - December 5 at 10:12 PM
Southern Michigan Bancorp, Inc. Announces Third Quarter 2017 EarningsSouthern Michigan Bancorp, Inc. Announces Third Quarter 2017 Earnings
finance.yahoo.com - October 28 at 6:36 AM
Southern Michigan Bancorp, Inc. : SOMC-US: Dividend Analysis : October 06th, 2017 (record date) : By the numbers : October 19, 2017Southern Michigan Bancorp, Inc. : SOMC-US: Dividend Analysis : October 06th, 2017 (record date) : By the numbers : October 19, 2017
finance.yahoo.com - October 20 at 8:22 AM
Southern Michigan Bancorp, Inc. Declares Cash DividendSouthern Michigan Bancorp, Inc. Declares Cash Dividend
finance.yahoo.com - October 6 at 11:46 AM
Southern Michigan Bancorp Inc. (SOMC) Announces Dividend Increase - $0.21 Per ShareSouthern Michigan Bancorp Inc. (SOMC) Announces Dividend Increase - $0.21 Per Share
www.americanbankingnews.com - September 21 at 8:23 AM
Southern Michigan Bancorp, Inc. : SOMC-US: Dividend Analysis : July 07th, 2017 (record date) : By the numbers : August 16, 2017Southern Michigan Bancorp, Inc. : SOMC-US: Dividend Analysis : July 07th, 2017 (record date) : By the numbers : August 16, 2017
finance.yahoo.com - August 17 at 7:45 AM
Patrick H. Flannery Appointed To Board Of Southern Michigan Bancorp, Inc.Patrick H. Flannery Appointed To Board Of Southern Michigan Bancorp, Inc.
finance.yahoo.com - August 3 at 7:20 AM
Southern Michigan Bancorp, Inc. Announces Second Quarter 2017 EarningsSouthern Michigan Bancorp, Inc. Announces Second Quarter 2017 Earnings
finance.yahoo.com - July 28 at 8:07 AM
Southern Michigan Bancorp, Inc. :SOMC-US: Earnings Analysis: Q1, 2017 By the Numbers : July 18, 2017Southern Michigan Bancorp, Inc. :SOMC-US: Earnings Analysis: Q1, 2017 By the Numbers : July 18, 2017
finance.yahoo.com - July 18 at 3:49 PM
BRIEF-Southern Michigan Bancorp announces increase in quarterly dividendBRIEF-Southern Michigan Bancorp announces increase in quarterly dividend
www.reuters.com - May 13 at 8:08 AM
Form 8-K HORIZON BANCORP /IN/ For: Jul 18Form 8-K HORIZON BANCORP /IN/ For: Jul 18
www.streetinsider.com - July 18 at 12:19 PM
Southern Michigan Bancorp reports Q4 resultsSouthern Michigan Bancorp reports Q4 results
seekingalpha.com - February 15 at 2:10 PM

SEC Filings

Southern Michigan Bancorp (OTCMKTS:SOMC) SEC Filings

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Social Media

Financials

Southern Michigan Bancorp (OTCMKTS:SOMC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Southern Michigan Bancorp (OTCMKTS SOMC) Stock Chart for Saturday, February, 17, 2018

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This page was last updated on 2/17/2018 by MarketBeat.com Staff

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