2m 2m 2m 2m 2m 2m 2m
- N/AMarket Cap
- 49.97%1-Year Change
- Banks - RegionalIndustry
Southern Mich Bn (SOMC)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 98
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Southern Michigan Bancorp, Inc. Announces Increase in Quarterly Dividend
Southern Michigan Bancorp (OTC: SOMC) announced an increase in its quarterly cash dividend to $0.17 per share for April 2026, up $0.01 from the January 2026 payment of $0.16 per share. The annualized dividend of $0.68 per share represents a 2.67% yield based on the current stock price of $25.50.
03/18/2026, 7:40 AM • Benzinga
Southern Michigan Bancorp, Inc. Declares Cash Dividend
Southern Michigan Bancorp announced a quarterly cash dividend of $0.16 per share, payable on January 23, 2026, to shareholders of record as of January 9, 2026. The annualized dividend represents a 2.68% yield based on the current market price.
12/17/2025, 7:46 AM • Benzinga
Peers
Statistics
MoreInformation as of 06/03/2026
Company Profile
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 government agencies primarily in the southwest and south-central 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. The company also provides home mortgages and equity loans, home equity lines of credit, and auto/personal loans; business loans, such as lines of credit, term loans, commercial real estate loans, commercial and industrial loans, agriculture loans, letters of credit, small business administration loans, and capital access loans; industrial, construction, real estate, and inventory loans; and consumer lending products comprising direct and indirect loans to purchasers of residential real property and consumer goods. In addition, it offers trust and investment services that include investment management, trustee, IRA rollovers and retirement plans, institutional and personal custody, estate settlement, wealth management, estate and wealth transfer planning assistance, charitable gift planning assistance, and cash management custody services, as well as safe deposit box and automated teller machine services. Further, the company provides treasury services, such as cash management, ACH services, business bill pay, e-statements, merchant services, payroll cards, positive pay, remote deposit capture, and wire transfers, as well as ATM, debit, credit, pay, prepaid, and gift cards; municipal, online, and mobile banking; life insurance; and bill payment and fraud protection services. The company was founded in 1871 and is based in Coldwater, Michigan.
Key Executives
- Danice L. Chartrand
- Nicholas Grabowski
- Aaron L. Lewis
- John R. Waldron
- Eric Anglin
Current Ownership Distribution
- Other4.6M (99.30%)
- Institutions32,103 (0.70%)
- Mutual Funds0 (0.00%)
- Insiders0 (0.00%)