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.
Industry, Sector and Symbol
Industry BANKS & THRIFTS
Trailing P/E Ratio13.28
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$31.76 million
Price / Sales2.74
Cash Flow$3.38 per share
Price / Cash10.78
Book Value$29.29 per share
Price / Book1.24
Net Income$5.42 million
Return on Equity9.12%
Return on Assets0.95%
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. Shareholders 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 2.31%. 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) issued its quarterly earnings results on Thursday, October, 26th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter. The financial services provider had revenue of $7.42 million for the quarter. Southern Michigan Bancorp had a return on equity of 9.12% and a net margin of 17.07%. View Southern Michigan Bancorp's Earnings History.
Who are some of Southern Michigan Bancorp's key competitors?
Some companies that are related to Southern Michigan Bancorp include Atlantic Coast Financial (ACFC), 1st Constitution Bancorp (FCCY), First Community (FCCO), California First National Bancorp (CFNB), DNB Financial (DNBF), Two Rivers Bancorp (TRCB), Salisbury Bancorp (SAL), Provident Financial (PROV), BayCom (BCML), Bay Banks of Virginia (BAYK), CB Financial Services (CBFV), Eagle Bancorp Montana (EBMT), Mackinac Financial (MFNC), Guaranty Federal Bancshares (GFED), HopFed Bancorp (HFBC), Commercewest Bank (CWBK), American River Bankshares (AMRB) and Porter Bancorp (PBIB).
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)
Has Southern Michigan Bancorp been receiving favorable news coverage?
Media coverage about SOMC stock has been trending positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Southern Michigan Bancorp earned a news sentiment score of 0.28 on Accern's scale. They also gave news stories about the financial services provider an impact score of 46.63 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 $36.40.
How big of a company is Southern Michigan Bancorp?
Southern Michigan Bancorp has a market capitalization of $86.18 million and generates $31.76 million in revenue each year. The financial services provider earns $5.42 million in net income (profit) each year or $2.29 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. 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 (SOMC)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.
Southern Michigan Bancorp (OTCMKTS:SOMC) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Southern Michigan Bancorp (OTCMKTS:SOMC) Earnings History and Estimates Chart
Southern Michigan Bancorp (OTCMKTS SOMC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2017||Q3 2017||$0.75||$7.42 million||View||N/A|
|7/28/2017||Q2 2017||$0.63||$7.10 million||View||N/A|
|4/25/2017||Q1 2017||$0.59||$6.89 million||View||N/A|
|2/17/2017||Q4 2016||$0.70||$6.93 million||View||N/A|
|10/25/2016||Q3 2016||$0.69||$6.73 million||View||N/A|
|7/26/2016||Q2 2016||$0.58||$6.60 million||View||N/A|
|4/26/2016||Q1 2016||$0.57||$6.82 million||View||N/A|
|2/15/2016||Q4 2015||$0.50||$6.68 million||View||N/A|
|10/20/2015||Q3 2015||$0.64||$6.67 million||View||N/A|
|7/21/2015||Q2 2015||$0.79||$7.18 million||View||N/A|
|4/28/2015||Q1 2015||$0.50||$6.36 million||View||N/A|
|2/13/2015||Q4 2014||$0.51||$6.46 million||View||N/A|
|10/21/2014||Q3 2014||$0.54||$6.45 million||View||N/A|
|7/22/2014||Q2 2014||$0.48||$6.30 million||View||N/A|
|4/21/2014||Q1 14||$0.46||$6.11 million||View||N/A|
|2/14/2014||Q4 2013||$0.49||$6.37 million||View||N/A|
|10/23/2013||Q3 2013||$0.50||$6.42 million||View||N/A|
|7/24/2013||Q2 2013||$0.45||$6.20 million||View||N/A|
|4/22/2013||Q1 13||$0.44||$6.01 million||View||N/A|
Southern Michigan Bancorp (OTCMKTS:SOMC) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Southern Michigan Bancorp (OTCMKTS:SOMC) Dividend Information
|Most Recent Dividend:||1/19/2018|
|Payout Ratio:||36.68% (Trailing 12 Months of Earnings) |
Southern Michigan Bancorp (OTCMKTS:SOMC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Southern Michigan Bancorp (OTCMKTS SOMC)
No insider trades for this company have been tracked by MarketBeat.com
Southern Michigan Bancorp (OTCMKTS SOMC) News Headlines
|Dormant campaign of top White House official paid out $50,000 last year|
www.msn.com - March 13 at 5:47 PM
|Here are the biggest takeaways from the Investment Banking Recruiting Report|
www.businessinsider.com - February 21 at 10:30 AM
|Southern 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, 2017|
finance.yahoo.com - December 19 at 11:07 AM
|Southern 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 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, 2017|
finance.yahoo.com - October 20 at 8:22 AM
|Southern 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 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, 2017|
finance.yahoo.com - August 17 at 7:45 AM
|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 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, 2017|
finance.yahoo.com - July 18 at 3:49 PM
|BRIEF-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 18|
www.streetinsider.com - July 18 at 12:19 PM
|Southern Michigan Bancorp reports Q4 results|
seekingalpha.com - February 15 at 2:10 PM
Southern Michigan Bancorp (OTCMKTS:SOMC) SEC Filings
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Southern Michigan Bancorp (OTCMKTS:SOMC) Income Statement, Balance Sheet and Cash Flow Statement
Southern Michigan Bancorp (OTCMKTS SOMC) Stock Chart for Tuesday, March, 20, 2018