SOMC Stock Overview
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 Michigan communities. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Southern Michigan Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$18.83 |
| 52 Week High | US$18.83 |
| 52 Week Low | US$15.15 |
| Beta | 0.26 |
| 11 Month Change | 7.17% |
| 3 Month Change | 8.22% |
| 1 Year Change | 19.56% |
| 33 Year Change | -12.42% |
| 5 Year Change | -2.18% |
| Change since IPO | 228.28% |
Recent News & Updates
Recent updates
Shareholder Returns
| SOMC | US Banks | US Market | |
|---|---|---|---|
| 7D | 1.0% | -2.1% | 0.7% |
| 1Y | 19.6% | 48.9% | 32.2% |
Return vs Industry: SOMC underperformed the US Banks industry which returned 50.7% over the past year.
Return vs Market: SOMC underperformed the US Market which returned 31.9% over the past year.
Price Volatility
| SOMC volatility | |
|---|---|
| SOMC Average Weekly Movement | 2.5% |
| Banks Industry Average Movement | 5.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SOMC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: SOMC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1871 | n/a | John Waldron | www.smb-t.com |
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 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 and IRAs. The company also provides home mortgages and equity loans, home equity lines of credit, VA and FHA home loans, USDA rural development loans, and auto/personal loans; business loans, such as lines of credit, term loans, commercial real estate loans, commercial and industrial 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.
Southern Michigan Bancorp, Inc. Fundamentals Summary
| SOMC fundamental statistics | |
|---|---|
| Market cap | US$85.57m |
| Earnings (TTM) | US$10.19m |
| Revenue (TTM) | US$48.42m |
8.4x
P/E Ratio0.8x
P/B RatioIs SOMC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOMC income statement (TTM) | |
|---|---|
| Revenue | US$48.42m |
| Cost of Revenue | US$0 |
| Gross Profit | US$48.42m |
| Other Expenses | US$38.23m |
| Earnings | US$10.19m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.23 |
| Gross Margin | 100.00% |
| Net Profit Margin | 21.04% |
| Debt/Equity Ratio | 111.3% |
How did SOMC perform over the long term?
See historical performance and comparison