Southern Michigan Bancorp, Inc. (SOMC)
- GlobeNewswire
Southern Michigan Bancorp, Inc. Announces Third Quarter 2024 Earnings
COLDWATER, Mich., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced third quarter net income of $2,586,000, or $0.57 per share, compared to net income of $2,767,000, or $0.61 per share, for the third quarter of 2023. For the first nine months of 2024, Southern earned $7,751,000 or $1.70 per share, compared with $8,468,000 or $1.86 per share, for the same nine-month period one year ago. John R. Waldron, President and Chief Executive Officer of Southern M
- GlobeNewswire
Southern Michigan Bancorp, Inc. Declares Cash Dividend
COLDWATER, Mich., Sept. 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.15 per share on the outstanding shares of the corporation’s stock. The dividend is payable on October 18, 2024, to shareholders of record October 9, 2024. The annualized cash dividend of $0.60 per share represents a 3.47% dividend yield based on the current market price of $17.29 per share. Southern Michigan Bancorp, Inc. is a bank ho
