Southern Michigan Bancorp Revenue, Profits - SOMC Annual Income Statement

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$33.01 $1 (3.12%) SOMC stock closing price Sep 21, 2017 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Southern Michigan Bancorp stock price. The income statement is a summary of the revenue or sales, expenses and profitability (shown as Net Income) or lack of it. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue increase of $28.88M for 2016 impacts the SOMC stock. Investors typically check year over year or quarter over quarter revenue growth. Along with Southern Michigan Bancorp assets and Southern Michigan Bancorp free cash flow, Southern Michigan Bancorp profits as shown in profit and loss statement give key insights about the business. The profits have increased from $5.8M YoY and 2016 revenue is $28.88M. Southern Michigan Bancorp revenue for 2016 is 28.88M. View revenue and profit details for latest and last 10 financial years.

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Quarterly
Annual
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Fiscal year is Jan - Dec.2016201520142013201220112010200920082007
Southern Michigan Bancorp Net Sales or Revenues
28.88M28.5M26.92M27.15M27.17M26.47M27.92M29.11M32.34M27.81M
Cost Of Goods Sold (COGS)1.28M1.21M1.31M1.85M2.32M3.14M3.77M4.67M6.99M7.75M
Southern Michigan Bancorp Gross Profit
27.59M27.29M25.61M25.29M24.84M23.33M24.14M24.43M25.35M20.05M
Research & Development Expense----------
Selling General & Admin Expense18.57M18.85M18.42M18.48M18.25M18.02M19.28M21.33M23.73M13.57M
Income Before Depreciation Depletion Amortization9.02M8.43M7.18M6.81M6.59M5.3M4.86M3.1M1.62M6.48M
Depreciation Depletion Amortization0.26M0.27M0.28M0.29M0.32M0.33M0.35M0.36M0.37M0.03M
Non Operating Income----------
Interest Expense0.53M0.4M0.3M0.29M0.48M0.61M0.69M0.72M1.19M0.88M
Southern Michigan Bancorp Pretax Income
8.23M7.75M6.6M6.22M5.78M4.36M3.81M2.01M0.05M5.56M
Provision for Income Taxes2.13M1.95M1.81M1.72M1.43M0.95M0.72M0.07M-0.76M1.43M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations6.09M5.8M4.79M4.49M4.35M3.4M3.09M1.93M0.81M4.13M
Extraordinary Items & Discontinued Operations----------
Southern Michigan Bancorp Net Income (Profit/Loss)
6.09M5.8M4.79M4.49M4.35M3.4M3.09M1.93M0.81M4.13M
Average Shares used to compute Diluted EPS2.4M2.4M2.41M2.39M2.36M2.33M2.31M2.31M--
Average Shares used to compute Basic EPS2.4M2.4M2.41M2.39M2.36M2.33M2.31M2.31M--
Income Before Nonrecurring Items6.1M5.81M4.79M4.5M4.35M3.4M3.1M1.94M--
Income from Nonrecurring Items----------
Southern Michigan Bancorp Earnings Per Share Basic Net
2.542.421.991.881.841.461.340.84--
Southern Michigan Bancorp Earnings Per Share Diluted Net
2.542.421.991.881.841.461.340.84--
EPS Diluted Before Nonrecurring Items2.542.421.991.881.841.461.340.84--
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.720.620.560.490.320.200.150.201.000.80
All figures in USD. M: Millions of USD, B: Billions of USD.
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Southern Michigan Bancorp stock analysis involves checking at least a few of the important things like:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Southern Michigan Bancorp revenue chart) implies that the company is growing, which has been the case with Southern Michigan Bancorp. One must stay away from stocks whose revenues or sales are declining.
  • Bottom line: Most businesses like Southern Michigan Bancorp try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called statement of revenue and expense. The SOMC financials along with Southern Michigan Bancorp historical stock prices provide a lot of details about the firm .

Southern Michigan Bancorp Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
12.65
PS Ratio (price sales ratio)
2.64
Net Profit Margin
19.5
Dividend Yield
2.36%