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

Company Overview

Southern Michigan Bancorp, Inc. is the bank holding company for The Bank of Marshall, a community-focused financial institution serving southern Michigan. Through its subsidiary, the company provides a full suite of banking services to individuals, families and businesses across residential and agricultural markets in Calhoun, Eaton, Jackson and Branch counties.

The company’s product offerings include checking, savings and money market accounts, certificates of deposit and individual retirement accounts. Lending services encompass residential mortgages, home equity lines of credit, commercial real estate financing, agricultural loans and business lines of credit. In addition, Southern Michigan Bancorp delivers cash management, merchant services, electronic banking and mobile banking solutions, as well as trust and wealth management support for high-net-worth clients.

Founded in 1984, Southern Michigan Bancorp traces its heritage to The Bank of Marshall, originally chartered in 1893. Over the decades, the company has expanded its footprint to include multiple branch offices in Marshall, Albion, Charlotte, Olivet and nearby communities. By combining modern banking technology with local decision-making, the company maintains a relationship-driven approach tailored to the needs of its regional customer base.

Governance is provided by a board of directors composed of local business, civic and agricultural leaders, supported by an executive team with extensive financial and operational expertise. Management emphasizes sound risk practices, customer service excellence and community investment, aligning its strategic priorities with ongoing economic development in southern Michigan.

Key Stats

• Today's Range: $21.00 to $22.00
• 50-Day Range: $18.55 to $21.46
• 52-Week Range: $16.00 to $22.00
• Volume: 300 shs
• Average Volume: 3,483 shs
• Market Capitalization: $101.86 million
• P/E Ratio: 9.36
• Dividend Yield: 2.91%
• Price Target: N/A
• Consensus Rating: N/A

SOMC Stock Analysis - Frequently Asked Questions

How have SOMC shares performed this year?

Southern Michigan Bancorp's stock was trading at $19.25 at the beginning of 2025. Since then, SOMC shares have increased by 14.3% and is now trading at $22.00.

How were Southern Michigan Bancorp's earnings last quarter?

Southern Michigan Bancorp Inc. (OTCMKTS:SOMC) issued its earnings results on Wednesday, April, 23rd. The financial services provider reported $0.66 EPS for the quarter. The financial services provider had revenue of $13.28 million for the quarter. Southern Michigan Bancorp had a net margin of 12.52% and a trailing twelve-month return on equity of 10.29%.

How do I buy shares of Southern Michigan Bancorp?

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

What other stocks do shareholders of Southern Michigan Bancorp own?

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

Company Calendar

• Record date for 4/18 Dividend: 4/04/2025
• Ex-Dividend for 4/18 Dividend: 4/04/2025
• Dividend Payable: 4/18/2025
• Last Earnings: 4/23/2025
• Record date for 7/18 Dividend: 7/07/2025
• Today: 7/15/2025
• Dividend Payable: 7/18/2025
• Next Earnings (Estimated): 7/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Banking
• Current Symbol: OTCMKTS:SOMC
• Previous Symbol: NASDAQ:SOMC
• CIK: 703699
• Web: www.smb-t.com
• Phone: (800) 379-7628
• Fax: N/A
• Employees: 173
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $2.35
• Trailing P/E Ratio: 9.36
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $10.40 million
• Net Margins: 12.52%
• Pretax Margin: 14.35%
• Return on Equity: 10.29%
• Return on Assets: 0.73%

Debt

• Debt-to-Equity Ratio: 1.10
• Current Ratio: 0.93
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $84.61 million
• Price / Sales: 1.20
• Cash Flow: $3.00 per share
• Price / Cash Flow: 7.33
• Book Value: $23.42 per share
• Price / Book: 0.94

Miscellaneous

• Outstanding Shares: 4,630,000
• Free Float: N/A
• Market Cap: $101.86 million
• Optionable: Not Optionable
• Beta: 0.07