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Southern Michigan Bancorp Inc SOMC

Morningstar Rating
$16.35 +0.10 (0.62%)
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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.

Price vs Fair Value

SOMC is trading at a 642% premium.
Price
$16.26
Fair Value
$46.99
Uncertainty
Extreme
1-Star Price
$65.64
5-Star Price
$4.18
Economic Moat
Wgdtkhg
Capital Allocation
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News

Trading Information

Previous Close Price
$16.25
Day Range
$16.0016.39
52-Week Range
$15.1518.70
Bid/Ask
$16.00 / $16.50
Market Cap
$71.03 Mil
Volume/Avg
1,747 / 1,501

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
3.55%
Dividend Yield (Forward)
3.67%
Total Yield
3.55%

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

Comparables

Valuation

Metric
SOMC
CZNC
CNOB
Price/Earnings (Normalized)
13.8212.01
Price/Book Value
1.230.79
Price/Sales
3.123.34
Price/Cash Flow
9.508.23
Price/Earnings
SOMC
CZNC
CNOB

Financial Strength

Metric
SOMC
CZNC
CNOB
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
SOMC
CZNC
CNOB
Return on Assets (Normalized)
1.21%0.98%0.84%
Return on Equity (Normalized)
12.32%9.59%7.59%
Return on Invested Capital (Normalized)
Return on Assets
SOMC
CZNC
CNOB
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Banks - Regional Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNP Paribas ADR
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Intesa Sanpaolo ADR
ISNPY
WhkkpgljzBlls$71.7 Bil
PNC Financial Services Group Inc
PNC
ClmlfjrxDkczxg$71.4 Bil
U.S. Bancorp
USB
DfcpwyjmhbXwgf$70.6 Bil
Truist Financial Corp
TFC
DyylwkfcJlnjy$57.7 Bil
Itau Unibanco Holding SA ADR
ITUB
VtpwhkxmWdg$57.2 Bil
Mizuho Financial Group Inc ADR
MFG
QfyhhvpvqKjt$55.3 Bil
Lloyds Banking Group PLC ADR
LYG
BxzpkchxdZshnx$47.5 Bil
NatWest Group PLC ADR
NWG
PqmkchjYnpg$35.4 Bil
Deutsche Bank AG
DB
ZctndDrkbg$32.8 Bil

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