Southern Michigan Bancorp Inc SOMC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- $17.99
- Day Range
- $17.00–17.00
- 52-Week Range
- $15.15–20.50
- Bid/Ask
- $16.75 / $17.99
- Market Cap
- $76.46 Mil
- Volume/Avg
- 300 / 3,571
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- 3.35%
- Dividend Yield (Forward)
- 3.53%
- Total Yield
- 3.35%
Company Profile
Southern Michigan Bancorp Inc is a United States-based financial holding company. It is engaged in the business activity of the ownership and management of its wholly-owned subsidiary bank. The Bank offers individuals, businesses, institutions, and government agencies a full range of commercial banking services. The customer base is located primarily in the southwest Michigan communities in which the Bank has branches, and in areas immediately surrounding these communities. The Bank makes commercial and consumer loans to customers. The majority of loans are secured by business assets, commercial and residential real estate, and consumer assets. The bank operates in a single segment: commercial banking.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 173
- Website
- https://www.smb-t.com
Comparables
Valuation
|
Metric
|
SOMC
|
MBCN
|
FRST
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 10.05 | 20.02 |
Price/Book Value | — | 0.86 | 0.63 |
Price/Sales | — | 2.48 | 1.66 |
Price/Cash Flow | — | 8.42 | — |
Price/Earnings
SOMC
MBCN
FRST
Financial Strength
|
Metric
|
SOMC
|
MBCN
|
FRST
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
SOMC
|
MBCN
|
FRST
|
|---|---|---|---|
Return on Assets (Normalized) | 1.21% | 1.03% | 0.41% |
Return on Equity (Normalized) | 12.32% | 9.13% | 3.92% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
SOMC
MBCN
FRST
Banks - Regional Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
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