RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Southern Michigan Bancorp Stock

Southern Michigan Bancorp ROA 2024

Southern Michigan Bancorp ROA

0.01

Ticker

SOMC

ISIN

US84336P1030

In 2024, Southern Michigan Bancorp's return on assets (ROA) was 0.01, a 4.38% increase from the 0.01 ROA in the previous year.

Southern Michigan Bancorp Aktienanalyse

What does Southern Michigan Bancorp do?

Southern Michigan Bancorp Inc. is an American holding company for banks that offers a wide range of financial services. The company was founded in 1898 as the Adrian State Savings Bank and is now a highly integrated community banking group consisting of a network of six banks in Michigan. The banking group provides both traditional banking services and innovative financial products and services to both retail and business customers. This includes online and mobile banking, savings accounts, credit cards, mortgage and loan programs, deposit products, as well as insurance and other financial products. The banking group also provides loans, financing, and investments to business customers in the agriculture, real estate, retail, and manufacturing sectors. The business model of Southern Michigan Bancorp Inc. is based on creating strong local banks that provide a wide range of financial services through their relationships with their customers. Each bank has a strong local presence in their markets and is led by an experienced management team. The banks also have strong balance sheets and capital positions, allowing them to provide higher satisfaction and trust to their customers. Southern Michigan Bancorp Inc. operates six subsidiary banks, including the Bank of Lenawee, Adrian State Bank, Union Bank, Peoples Federal Savings Bank, Century Bank and Trust, and Monroe Bank & Trust. Each of these subsidiaries specializes in a specific market segment and offers specialized financial products and services. The Bank of Lenawee is one of the oldest banks in Southern Michigan Bancorp Inc. and offers a wide range of banking services to retail and business customers. Adrian State Bank specializes in deposit products, mortgage and loan programs, and credit cards. Union Bank is a community bank that focuses on retail and business customers and offers services such as online and mobile banking. Peoples Federal Savings Bank specializes in deposit products, loans, and insurance. Century Bank and Trust operates in the Monroe and Lenawee regions and offers traditional banking services to both retail and business customers. Monroe Bank & Trust is one of the largest banks in the region and offers a broader range of financial products and services, including wealth management services. In recent years, the company has also invested in innovative technologies such as mobile payment services and digital financial products. The company has also established a risk management team to address potential risks and challenges associated with providing financial services in a rapidly changing environment. In summary, Southern Michigan Bancorp Inc. is an established and trusted banking group that offers a wide range of financial products and services to meet the needs of different customers. The banking group's subsidiary banks have strong local connections and are well-equipped to serve customers in the local market. With its focus on innovation and technology, Southern Michigan Bancorp Inc. will continue to play a leading role in the financial industry in the future. Southern Michigan Bancorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Southern Michigan Bancorp's Return on Assets (ROA)

Southern Michigan Bancorp's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Southern Michigan Bancorp's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Southern Michigan Bancorp's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Southern Michigan Bancorp’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Southern Michigan Bancorp stock

What is the Return on Assets (ROA) of Southern Michigan Bancorp this year?

The Return on Assets (ROA) of Southern Michigan Bancorp is 0.01 undefined this year.

What was the ROA of Southern Michigan Bancorp compared to the previous year?

The ROA of Southern Michigan Bancorp has increased by 4.38% compared to the previous year.

What consequences do high ROA have for investors of Southern Michigan Bancorp?

A high ROA is advantageous for investors of Southern Michigan Bancorp, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Southern Michigan Bancorp?

A low ROA can be unfavorable for investors of Southern Michigan Bancorp as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Southern Michigan Bancorp affect the company?

An increase in ROA of Southern Michigan Bancorp can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Southern Michigan Bancorp impact the company?

A reduction in the ROA of Southern Michigan Bancorp can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Southern Michigan Bancorp?

Some factors that can influence the ROA of Southern Michigan Bancorp include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Southern Michigan Bancorp important for investors?

The ROA of Southern Michigan Bancorp is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Southern Michigan Bancorp take to improve ROA?

To improve ROA, Southern Michigan Bancorp can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Southern Michigan Bancorp pay?

Over the past 12 months, Southern Michigan Bancorp paid a dividend of 0.51 USD . This corresponds to a dividend yield of about 2.95 %. For the coming 12 months, Southern Michigan Bancorp is expected to pay a dividend of 0.51 USD.

What is the dividend yield of Southern Michigan Bancorp?

The current dividend yield of Southern Michigan Bancorp is 2.95 %.

When does Southern Michigan Bancorp pay dividends?

Southern Michigan Bancorp pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of Southern Michigan Bancorp?

Southern Michigan Bancorp paid dividends every year for the past 20 years.

What is the dividend of Southern Michigan Bancorp?

For the upcoming 12 months, dividends amounting to 0.51 USD are expected. This corresponds to a dividend yield of 2.95 %.

In which sector is Southern Michigan Bancorp located?

Southern Michigan Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Southern Michigan Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Southern Michigan Bancorp from 7/19/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 7/8/2024.

When did Southern Michigan Bancorp pay the last dividend?

The last dividend was paid out on 7/19/2024.

What was the dividend of Southern Michigan Bancorp in the year 2023?

In the year 2023, Southern Michigan Bancorp distributed 0.71 USD as dividends.

In which currency does Southern Michigan Bancorp pay out the dividend?

The dividends of Southern Michigan Bancorp are distributed in USD.

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Andere Kennzahlen von Southern Michigan Bancorp

Our stock analysis for Southern Michigan Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Southern Michigan Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.