Southern Michigan Bancorp, Inc. (SOMC)
SOMC Stock Price Chart
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SOMC Company Profile
Discover essential business fundamentals and corporate details for Southern Michigan Bancorp, Inc. (SOMC) to support your stock research and investment decisions.
Sector
Financial Services
Industry
Banks - Regional
IPO Date
26 Apr 1999
Employees
173.00
Website
https://www.smb-t.comCEO
John R. Waldron
Description
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 line of credit, 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. In addition, it offers trust and investment services that include investment management, trustee, IRA rollovers and retirement plan, institutional and personal custody, estate settlement, wealth management, estate and wealth transfer planning assistance, charitable gift planning assistance, and cash management custody services; and safe deposit box and automated teller machine services. Further, the company provides online and mobile banking, bill pay, e-statements, health savings account, ACH, wire transfer, remote deposit capture, insurance, and merchant services, as well as ATM, debit, credit, and gift cards. As of March 23, 2022, it operated 13 branches within Branch, Calhoun, Hillsdale, Kalamazoo, and St. Joseph Counties. The company was founded in 1871 and is based in Coldwater, Michigan.
SOMC Financial Timeline
Browse a chronological timeline of Southern Michigan Bancorp, Inc. corporate events including earnings releases, dividend announcements, and stock splits.
Upcoming earnings on 21 Apr 2026
Upcoming earnings on 12 Feb 2026
Upcoming earnings on 21 Oct 2025
Upcoming earnings on 22 Jul 2025
Dividend declared on 24 Jun 2025
A dividend of $0.16 per share was announced, adjusted to $0.16. The dividend will be paid on 18 Jul 2025.
Earnings released on 23 Apr 2025
EPS came in at $0.66, while revenue for the quarter reached $21.87M.
Dividend declared on 18 Mar 2025
A dividend of $0.16 per share was announced, adjusted to $0.16. The dividend was paid on 18 Apr 2025.
Earnings released on 14 Feb 2025
EPS came in at $0.57, while revenue for the quarter reached $12.60M.
Dividend declared on 17 Dec 2024
A dividend of $0.15 per share was announced, adjusted to $0.15. The dividend was paid on 24 Jan 2025.
Earnings released on 23 Oct 2024
EPS came in at $0.57, while revenue for the quarter reached $21.70M.
Dividend declared on 25 Sept 2024
A dividend of $0.15 per share was announced, adjusted to $0.15. The dividend was paid on 18 Oct 2024.
Earnings released on 24 Jul 2024
EPS came in at $0.55, while revenue for the quarter reached $20.80M.
Dividend declared on 25 Jun 2024
A dividend of $0.15 per share was announced, adjusted to $0.15. The dividend was paid on 19 Jul 2024.
Earnings released on 24 Apr 2024
EPS came in at $0.59, while revenue for the quarter reached $20.49M.
Dividend declared on 26 Mar 2024
A dividend of $0.15 per share was announced, adjusted to $0.15. The dividend was paid on 19 Apr 2024.
Earnings released on 12 Feb 2024
EPS came in at $0.54, while revenue for the quarter reached $20.09M.
Dividend declared on 19 Dec 2023
A dividend of $0.14 per share was announced, adjusted to $0.14. The dividend was paid on 19 Jan 2024.
Earnings released on 25 Oct 2023
EPS came in at $0.61, while revenue for the quarter reached $19.16M.
Dividend declared on 26 Sept 2023
A dividend of $0.14 per share was announced, adjusted to $0.14. The dividend was paid on 20 Oct 2023.
Earnings released on 26 Jul 2023
EPS came in at $0.59, while revenue for the quarter reached $17.92M.
Dividend declared on 28 Jun 2023
A dividend of $0.14 per share was announced, adjusted to $0.14. The dividend was paid on 28 Jul 2023.
Earnings released on 26 Apr 2023
EPS came in at $0.66, while revenue for the quarter reached $16.13M.
Dividend declared on 28 Mar 2023
A dividend of $0.14 per share was announced, adjusted to $0.14. The dividend was paid on 21 Apr 2023.
Earnings released on 15 Feb 2023
EPS came in at $0.79, while revenue for the quarter reached $15.03M.
Dividend declared on 21 Dec 2022
A dividend of $0.13 per share was announced, adjusted to $0.13. The dividend was paid on 20 Jan 2023.
Earnings released on 26 Oct 2022
EPS came in at $0.79, while revenue for the quarter reached $13.33M.
Dividend declared on 27 Sept 2022
A dividend of $0.13 per share was announced, adjusted to $0.13. The dividend was paid on 21 Oct 2022.
Earnings released on 27 Jul 2022
EPS came in at $0.74, while revenue for the quarter reached $12.05M.
Dividend declared on 28 Jun 2022
A dividend of $0.13 per share was announced, adjusted to $0.13. The dividend was paid on 29 Jul 2022.
Earnings released on 27 Apr 2022
EPS came in at $0.65, while revenue for the quarter reached $11.11M.
Dividend declared on 23 Mar 2022
A dividend of $0.13 per share was announced, adjusted to $0.13. The dividend was paid on 22 Apr 2022.
Earnings released on 11 Feb 2022
EPS came in at $0.56, while revenue for the quarter reached $11.85M.
Dividend declared on 21 Dec 2021
A dividend of $0.12 per share was announced, adjusted to $0.12. The dividend was paid on 21 Jan 2022.
Earnings released on 27 Oct 2021
EPS came in at $0.69, while revenue for the quarter reached $11.97M.
Dividend declared on 28 Sept 2021
A dividend of $0.12 per share was announced, adjusted to $0.12. The dividend was paid on 22 Oct 2021.
Earnings released on 28 Jul 2021
EPS came in at $0.66, while revenue for the quarter reached $11.29M.
Dividend declared on 22 Jun 2021
A dividend of $0.12 per share was announced, adjusted to $0.12. The dividend was paid on 23 Jul 2021.
Stock split effective on 17 May 2021
Shares were split 2:1, changing the number of shares outstanding and the price per share accordingly.
Earnings released on 28 Apr 2021
EPS came in at $0.68, while revenue for the quarter reached $11.04M.
Dividend declared on 23 Mar 2021
A dividend of $0.24 per share was announced, adjusted to $0.12. The dividend was paid on 23 Apr 2021.
Earnings released on 12 Feb 2021
EPS came in at $0.44, while revenue for the quarter reached $8.90M.
Dividend declared on 16 Dec 2020
A dividend of $0.23 per share was announced, adjusted to $0.12. The dividend was paid on 22 Jan 2021.
Earnings released on 28 Oct 2020
EPS came in at $0.44, while revenue for the quarter reached $8.53M.
Dividend declared on 22 Sept 2020
A dividend of $0.23 per share was announced, adjusted to $0.12. The dividend was paid on 23 Oct 2020.
Earnings released on 29 Jul 2020
EPS came in at $0.40, while revenue for the quarter reached $7.83M.
Dividend declared on 23 Jun 2020
A dividend of $0.23 per share was announced, adjusted to $0.12. The dividend was paid on 24 Jul 2020.
SOMC Stock Performance
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