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Southern Michigan Bancorp, Inc.
Video analysis: SOMC
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News: SOMC
Southern Michigan Bancorp, Inc. Announces Second Quarter 2026 Earnings
COLDWATER, Mich., July 29, 2026 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced second quarter 2026 net income of $3,087,000, or $0.66 per share, a decrease of $151,000, or 4.7%, compared to net income of $3,238,000, or $0.70 per share, for the second quarter of 2025.
Southern Michigan Bancorp, Inc. Declares Cash Dividend
COLDWATER, Mich., June 24, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.17 per share on the outstanding shares of the corporation's stock. The dividend is payable on July 17, 2026, to shareholders of record July 6, 2026. The annualized cash dividend of $0.68 per share represents a 2.13% dividend yield based on the current market price of $32.00 per share.
