Southern Michigan Reports Q3 GAAP EPS of $0.70
Southern Michigan has released its third-quarter financial results, reporting a GAAP earnings per share (EPS) of $0.70. The company's revenue stream was driven significantly by interest income, which totaled $22.37 million during the period. In addition to interest earnings, Southern Michigan reported total non-interest income of $2.75 million. These figures provide a snapshot of the institution's current profitability and operational performance for the third quarter.
Tickers: $SOMC
Topics: earnings GAAP EPS interest income non-interest income