Southern Michigan Bancorp, Inc. (OTCMKTS:SOMC - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.21 and traded as high as $19.50. Southern Michigan Bancorp shares last traded at $19.50, with a volume of 600 shares traded.
Southern Michigan Bancorp Price Performance
The company has a market cap of $89.02 million, a price-to-earnings ratio of 8.67 and a beta of 0.28. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.29. The company has a fifty day simple moving average of $18.25 and a two-hundred day simple moving average of $17.21.
Southern Michigan Bancorp (OTCMKTS:SOMC - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $0.57 earnings per share (EPS) for the quarter. Southern Michigan Bancorp had a return on equity of 10.19% and a net margin of 12.27%. The business had revenue of $12.57 million for the quarter.
Southern Michigan Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, October 9th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.08%. The ex-dividend date was Wednesday, October 9th. Southern Michigan Bancorp's payout ratio is currently 26.67%.
About Southern Michigan Bancorp
(
Get Free Report)
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.
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