SOMC (Southern Michigan Bancorp) ROE % Adjusted to Book Value: 8.37% (As of Dec. 2018)

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What is Southern Michigan Bancorp ROE % Adjusted to Book Value?

Southern Michigan Bancorp SOMC +1.58% ROE % Adjusted to Book Value is 8.37% as of Dec. 2018.

Southern Michigan Bancorp's ROE % for the quarter that ended in Dec. 2018 was 9.79%. Southern Michigan Bancorp's PB Ratio for the quarter that ended in Dec. 2018 was 1.17. Southern Michigan Bancorp's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2018 was 8.37%.

Southern Michigan Bancorp ROE % Adjusted to Book Value Related Terms

Southern Michigan Bancorp ROE % Adjusted to Book Value Historical Data

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The historical data trend for Southern Michigan Bancorp's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southern Michigan Bancorp ROE % Adjusted to Book Value Chart

Southern Michigan Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.51 9.86 8.58 6.29 9.54

Southern Michigan Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.42 8.72 10.58 9.90 8.37

SOMC vs UBNC, EMCF, AMRB: ROE % Adjusted to Book Value Comparison

For the Banks - Regional subindustry, Southern Michigan Bancorp's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Southern Michigan Bancorp ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Southern Michigan Bancorp's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Southern Michigan Bancorp's ROE % Adjusted to Book Value falls into.


Southern Michigan Bancorp ROE % Adjusted to Book Value Calculation

Southern Michigan Bancorp's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2018 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=11.16% / 1.17
=9.54%

Southern Michigan Bancorp's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2018 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=9.79% / 1.17
=8.37%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROE % Adjusted to Book Value of 8.37% mean?
Southern Michigan Bancorp (SOMC) has a ROE % Adjusted to Book Value of 8.37% as of Dec. 2018. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Southern Michigan Bancorp and its competitors.
Is Southern Michigan Bancorp's ROE % Adjusted to Book Value too high?
Southern Michigan Bancorp's current ROE % Adjusted to Book Value is 8.37%.
How does Southern Michigan Bancorp's ROE % Adjusted to Book Value compare to UBNC and EMCF?
Southern Michigan Bancorp's ROE % Adjusted to Book Value of 8.37% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Southern Michigan Bancorp and its competitors. Southern Michigan Bancorp's current ROE % Adjusted to Book Value is 8.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Michigan Bancorp stock overvalued right now?
Southern Michigan Bancorp (SOMC) has a current ROE % Adjusted to Book Value of 8.37%. The current ROE % Adjusted to Book Value is 8.37%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Southern Michigan Bancorp (SOMC), the current ROE % Adjusted to Book Value is 8.37% as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Southern Michigan Bancorp Business Description

Address 51 West Pearl Street, Coldwater, MI, USA, 49036
Southern Michigan Bancorp Inc is a United States-based financial holding company. The majority of its operations are carried out by its banking subsidiary, which offers individuals, businesses, institutions, and government agencies a full range of commercial banking products and services. These products and services include time, savings, and demand deposits; safe deposit box services; automated teller machine services; loans, including both commercial and consumer; investment management; trustee services, etc. The Group mainly caters to the communities located in Michigan through its banking and loan production offices. It has one reportable operating segment: commercial banking.