Southern Michigan Bancorp (Southern Michigan Bancorp) Market Cap : $80.91 Mil (As of Apr. 28, 2024)

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What is Southern Michigan Bancorp Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Southern Michigan Bancorp's share price for the quarter that ended in Dec. 2018 was $19.05. Southern Michigan Bancorp's Shares Outstanding (EOP) for the quarter that ended in Dec. 2018 was 4.63 Mil. Therefore, Southern Michigan Bancorp's market cap for the quarter that ended in Dec. 2018 was $88.22 Mil.

Southern Michigan Bancorp's quarterly market cap increased from Jun. 2018 ($84.78 Mil) to Sep. 2018 ($93.66 Mil) but then declined from Sep. 2018 ($93.66 Mil) to Dec. 2018 ($88.22 Mil).

Southern Michigan Bancorp's annual market cap increased from Dec. 2016 ($71.96 Mil) to Dec. 2017 ($85.95 Mil) and increased from Dec. 2017 ($85.95 Mil) to Dec. 2018 ($88.22 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Southern Michigan Bancorp's Enterprise Value for Today is $0.00 Mil.

Southern Michigan Bancorp Market Cap Historical Data

The historical data trend for Southern Michigan Bancorp's Market Cap 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.

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Southern Michigan Bancorp Market Cap Chart

Southern Michigan Bancorp Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Market Cap

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47.83

61.03

71.96

85.95

88.22

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
Market Cap	Get a 7-Day Free Trial															85.95	82.62	84.78	93.66	88.22

Competitive Comparison of Southern Michigan Bancorp's Market Cap

For the Banks - Regional subindustry, Southern Michigan Bancorp's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southern Michigan Bancorp's Market Cap distribution charts can be found below:

* The bar in red indicates where Southern Michigan Bancorp's Market Cap falls into.

Southern Michigan Bancorp Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Southern Michigan Bancorp's Market Cap for the fiscal year that ended in Dec. 2018 is calculated as

Market Cap (A: Dec. 2018 )	=	Share Price (A: Dec. 2018 )	*	Shares Outstanding (EOP) (A: Dec. 2018 )
	=	$19.05	*	4.63101
	=	$88.22

Southern Michigan Bancorp's Market Cap for the quarter that ended in Dec. 2018 is calculated as

Market Cap (Q: Dec. 2018 )	=	Share Price (Q: Dec. 2018 )	*	Shares Outstanding (EOP) (Q: Dec. 2018 )
	=	$19.05	*	4.63101
	=	$88.22

Southern Michigan Bancorp (OTCPK:SOMC) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Southern Michigan Bancorp Market Cap Related Terms

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Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Michigan Bancorp Inc (OTCPK:SOMC) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 West Pearl Street, Coldwater, MI, USA, 49036

Website

https://www.smb-t.com

Southern Michigan Bancorp Inc is a United States-based financial holding company. It is engaged in the business activity of the ownership and management of its wholly-owned subsidiary bank. The Bank offers individuals, businesses, institutions, and government agencies a full range of commercial banking services. The customer base is located primarily in the southwest Michigan communities in which the Bank has branches, and in areas immediately surrounding these communities. The Bank makes commercial and consumer loans to customers. The majority of loans are secured by business assets, commercial and residential real estate, and consumer assets. The bank operates in a single segment: commercial banking.

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