Southern Michigan Bancorp, Inc. (SOMC)

Market Cap	90.25M
Revenue (ttm)	49.64M
Net Income (ttm)	10.77M
Shares Out	4.63M
EPS (ttm)	2.35
PE Ratio	8.29
Forward PE	n/a
Dividend	0.64 (3.28%)
Ex-Dividend Date	Apr 4, 2025

Volume	1,404
Average Volume	1,868
Open	19.50
Previous Close	19.50
Day's Range	19.50 - 19.50
52-Week Range	15.60 - 19.65
Beta	0.05
RSI	82.71
Earnings Date	Apr 25, 2025

About Southern Michigan Bancorp

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 southwest and south-central Michigan communities. Its deposit products include interest and non-interest checking, savings, and various types of money market accounts; time, savings, and demand deposits; and certificates of deposit. The company also provides home mortgages and equity loans, home equity line...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1871
• Employees: 173
• Stock Exchange: OTCMKTS
• Ticker Symbol: SOMC

Financial Performance

In 2024, Southern Michigan Bancorp's revenue was $48.56 million, an increase of 3.84% compared to the previous year's $46.77 million. Earnings were $10.40 million, a decrease of -4.61%.