Southern Michigan Bancorp (SOMC) Announces Earnings Results

Southern Michigan Bancorp (OTCMKTS:SOMC) posted its earnings results on Wednesday, April 24th. The financial services provider reported $0.83 earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $8.06 million during the quarter. Southern Michigan Bancorp had a return on equity of 11.06% and a net margin of 22.08%.

SOMC stock opened at $37.80 on Friday. The firm has a market cap of $87.70 million, a PE ratio of 10.63 and a beta of 0.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.94 and a quick ratio of 0.94. Southern Michigan Bancorp has a 52 week low of $36.22 and a 52 week high of $49.00.

ILLEGAL ACTIVITY WARNING: “Southern Michigan Bancorp (SOMC) Announces Earnings Results” was first published by Mayfield Recorder and is the property of of Mayfield Recorder. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this story can be viewed at

Southern Michigan Bancorp Company Profile

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 southern Michigan communities. Its deposit products include interest and non-interest checking, passbook savings, and various types of money market accounts; time, savings, and demand deposits; and certificates of deposit.

Read More: 52-Week High/Low Prices For Stock Selection

Earnings History for Southern Michigan Bancorp (OTCMKTS:SOMC)

Receive News & Ratings for Southern Michigan Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Michigan Bancorp and related companies with's FREE daily email newsletter.