Southern Michigan Bancorp Annual Income Statement (OTCMKTS:SOMC)

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$29.25 $1 (3.54%) SOMC stock closing price Dec 08, 2016 (Closing)

SOMC stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Southern Michigan Bancorp stock price. In the income statement, an investor can look at important parameters like revenue, gross profits, net profits, and EPS basic to gain deeper insights. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the SOMC stock is bound to reflect the impact of the YoY growth of $1.58M. The operating expenses (also check: Southern Michigan Bancorp assets and Southern Michigan Bancorp free cash flow) as shown in the Southern Michigan Bancorp profit and loss statement 2015 total to $20.33M. This line item has increased from $20.01M compared with last year. Southern Michigan Bancorp revenue for 2015 is $28.5M. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Southern Michigan Bancorp Net Sales or Revenues
28.5M26.92M27.15M27.17M26.47M27.92M29.11M32.34M27.81M25.55M
Cost Of Goods Sold (COGS)1.21M1.31M1.85M2.32M3.14M3.77M4.67M6.99M7.75M6.08M
Southern Michigan Bancorp Gross Profit
27.29M25.61M25.29M24.84M23.33M24.14M24.43M25.35M20.05M19.47M
Research & Development Expense----------
Selling General & Admin Expense18.85M18.42M18.48M18.25M18.02M19.28M21.33M23.73M13.57M13.07M
Income Before Depreciation Depletion Amortization8.43M7.18M6.81M6.59M5.3M4.86M3.1M1.62M6.48M6.39M
Depreciation Depletion Amortization0.27M0.28M0.29M0.32M0.33M0.35M0.36M0.37M0.03M0.02M
Non Operating Income----------
Interest Expense0.4M0.3M0.29M0.48M0.61M0.69M0.72M1.19M0.88M0.87M
Southern Michigan Bancorp Pretax Income
7.75M6.6M6.22M5.78M4.36M3.81M2.01M0.05M5.56M5.5M
Provision for Income Taxes1.95M1.81M1.72M1.43M0.95M0.72M0.07M-0.76M1.43M1.49M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations5.8M4.79M4.49M4.35M3.4M3.09M1.93M0.81M4.13M4M
Extraordinary Items & Discontinued Operations----------
Southern Michigan Bancorp Net Income (Profit/Loss)
5.8M4.79M4.49M4.35M3.4M3.09M1.93M0.81M4.13M4M
Average Shares used to compute Diluted EPS2.4M2.41M2.39M2.36M2.33M2.31M2.31M---
Average Shares used to compute Basic EPS2.4M2.41M2.39M2.36M2.33M2.31M2.31M---
Income Before Nonrecurring Items5.81M4.79M4.5M4.35M3.4M3.1M1.94M---
Income from Nonrecurring Items----------
Southern Michigan Bancorp Earnings Per Share Basic Net
2.421.991.881.841.461.340.84---
Southern Michigan Bancorp Earnings Per Share Diluted Net
2.421.991.881.841.461.340.84---
EPS Diluted Before Nonrecurring Items2.421.991.881.841.461.340.84---
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.620.560.490.320.200.150.201.000.800.76
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Southern Michigan Bancorp stock analysis. It helps to look at the following income statement items:
  • Revenue: This is the inflow that is generated from the sale of goods or services and is $28.5M for this year of 2015. Our Southern Michigan Bancorp revenue chart gives a clear visual representation of how the topline growth has been. Investors often invest in only those companies where the revenue is growing at a steady rate.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $5.8M for Southern Michigan Bancorp for 2015. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called statement of revenue and expense. The financials along with Southern Michigan Bancorp historical stock prices provides a lot of details about the firm. .

Southern Michigan Bancorp Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
12.5000
PS ratio (
price sales ratio
)
2.4580
Net profit margin
23.1
Dividend yield
2.32%