Southern Michigan Bancorp, Inc.

Southern Michigan Bancorp, Inc.verified

SOMC

Price:

$30

Market Cap:

$137.54M

Southern Michigan Bancorp, Inc. serves as the bank holding company for Southern Michigan Bank & Trust, delivering a comprehensive array of commercial banking solutions. These services cater to individuals, businesses, institutions, and governmental agencies, predominantly within southwest Michigan communities. Its diverse deposit offerings encompass interest-bearing and non-interest checking accounts, various savings and money market accounts, time, savings, and demand deposits, as well as Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs). The company extends various lending solutions. For consumers, these include home mortgages, equity loans, home equity lines of credi...[Read more]

Industry

Banks - Regional

IPO Date

1999-04-26

Stock Exchange

OTC

Ticker

SOMC

The Dividend Yield as of June 2026 (TTM) for Southern Michigan Bancorp, Inc. (SOMC) is 2.17%

According to Southern Michigan Bancorp, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 2.17%. This represents a change of 220.04% compared to the average of 0.68% of the last 4 quarters.

Southern Michigan Bancorp, Inc. (SOMC) Historical Dividend Yield (quarterly & annually)

How has SOMC Dividend Yield performed in the past?

The mean historical Dividend Yield of Southern Michigan Bancorp, Inc. over the last ten years is 2.62%. The current 2.17% Dividend Yield has changed -17.45% with respect to the historical average. Over the past ten years (40 quarters), SOMC's Dividend Yield was at its highest in in the June 2024 quarter at 0.94%. The Dividend Yield was at its lowest in in the September 2018 quarter at 0.55%.

Quarterly (TTM)
Annual

Average

2.62%

Median

2.53%

Minimum

2.24%

Maximum

3.46%

Southern Michigan Bancorp, Inc. (SOMC) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Southern Michigan Bancorp, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 30.16%

Maximum Annual Dividend Yield = 3.46%

Minimum Annual Increase = -14.24%

Minimum Annual Dividend Yield = 2.24%

Quarterly (TTM)
Annual
YearDividend YieldChange
20252.63%-14.24%
20243.06%-11.49%
20233.46%30.16%
20222.66%12.22%
20212.37%-12.99%
20202.72%12.98%
20192.41%6.13%
20182.27%1.36%
20172.24%-7.59%
20162.42%-1.45%

Southern Michigan Bancorp, Inc. (SOMC) Average Dividend Yield

How has SOMC Dividend Yield performed in the past?

The current Dividend Yield of Southern Michigan Bancorp, Inc. (SOMC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.05%

5-year avg

2.84%

10-year avg

2.62%

Southern Michigan Bancorp, Inc. (SOMC) Dividend Yield vs. Peers

How is SOMC’s Dividend Yield compared to its peers?

Southern Michigan Bancorp, Inc.’s Dividend Yield is less than FFD Financial Corporation (2.85%), less than Dimeco, Inc. (3.19%), less than American Bank Incorporated (3.71%), greater than BNCCORP, Inc. (0%), less than Cornerstone Bancorp Inc. (2.36%), less than Pontiac Bancorp, Inc. (1.91%), less than Chesapeake Financial Shares, Inc. (1.98%), less than Tri-County Financial Group, Inc. (1.65%), less than Kish Bancorp, Inc. (2.52%), less than United Bancshares, Inc. (2.56%),

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