Latest News for SOMC

COLDWATER, Mich., March 18, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) approved an increase to the quarterly cash dividend that will be paid in April 2026. The $0.17 per share dividend is an increase of $0.01 per share over the January 2026 cash dividend payment of $0.16 per share. The dividend is payable on April 17, 2026, to shareholders of record April 3,…

Hanover Bancorp (NASDAQ: HNVR - Get Free Report) and Southern Michigan Bancorp (OTCMKTS:SOMC - Get Free Report) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, earnings, risk, valuation, profitability, institutional ownership and dividends. Risk and Volatility Hanover Bancorp has

Southern Michigan Bancorp Inc. (OTCMKTS:SOMC - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $24.52 and traded as high as $25.44. Southern Michigan Bancorp shares last traded at $25.44, with a volume of 3,360 shares trading hands.

COLDWATER, Mich., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced fourth quarter 2025 net income of $2,912,000, or $0.62 per share, an increase of $262,000, or 9.9%, compared to net income of $2,650,000, or $0.57 per share, for the fourth quarter of 2024.
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