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
According to Southern Michigan Bancorp, Inc.’s latest financial reports and current stock price. The company's current ROE is 10.48%. This represents a change of 299.55% compared to the average of 2.62% of the last 4 quarters.
The mean historical ROE of Southern Michigan Bancorp, Inc. over the last ten years is 10.41%. The current 10.48% ROE has changed 0.74% with respect to the historical average. Over the past ten years (40 quarters), SOMC's ROE was at its highest in in the September 2022 quarter at 4.43%. The ROE was at its lowest in in the December 2017 quarter at 1.06%.
Average
10.41%
Median
10.20%
Minimum
7.74%
Maximum
15.66%
Discovering the peaks and valleys of Southern Michigan Bancorp, Inc. ROE, 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 = 51.41%
Maximum Annual ROE = 15.66%
Minimum Annual Increase = -28.81%
Minimum Annual ROE = 7.74%
| Year | ROE | Change |
|---|---|---|
| 2025 | 10.06% | 3.65% |
| 2024 | 9.70% | -12.97% |
| 2023 | 11.15% | -28.81% |
| 2022 | 15.66% | 30.18% |
| 2021 | 12.03% | 51.41% |
| 2020 | 7.94% | -23.21% |
| 2019 | 10.34% | -3.84% |
| 2018 | 10.76% | 38.99% |
| 2017 | 7.74% | -10.97% |
| 2016 | 8.69% | 1.48% |
The current ROE 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
10.30%
5-year avg
11.72%
10-year avg
10.41%
Southern Michigan Bancorp, Inc.’s ROE is less than FFD Financial Corporation (17.89%), less than Dimeco, Inc. (14.88%), less than American Bank Incorporated (14.30%), less than BNCCORP, Inc. (8.75%), greater than Cornerstone Bancorp Inc. (0%), less than Pontiac Bancorp, Inc. (11.99%), less than Chesapeake Financial Shares, Inc. (15.51%), less than Tri-County Financial Group, Inc. (10.01%), less than Kish Bancorp, Inc. (16.34%), less than United Bancshares, Inc. (12.01%),
| Company | ROE | Market cap |
|---|---|---|
| 17.89% | $137.13M | |
| 14.88% | $138.54M | |
| 14.30% | $116.15M | |
| 8.75% | $119.33M | |
| 0% | $114.72M | |
| 11.99% | $151.20M | |
| 15.51% | $161.54M | |
| 10.01% | $148.06M | |
| 16.34% | $190.33M | |
| 12.01% | $109.46M |
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