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NASDAQ:SMMF

Summit Financial Group (SMMF) Stock Price, News & Analysis

Summit Financial Group logo

About Summit Financial Group Stock (NASDAQ:SMMF)

Key Stats

Today's Range
$25.36
$26.42
50-Day Range
$25.03
$27.72
52-Week Range
$17.06
$31.49
Volume
278,100 shs
Average Volume
27,319 shs
Market Capitalization
$377.28 million
P/E Ratio
6.62
Dividend Yield
3.42%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia, and the Central region of Kentucky. Its community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance services. Summit Financial Group, Inc. was incorporated in 1987 and is headquartered in Moorefield, West Virginia.

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SMMF Stock News Headlines

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Summit within a summit focuses on FARMS and food
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SMMF Stock Analysis - Frequently Asked Questions

Summit Financial Group, Inc. (NASDAQ:SMMF) announced its quarterly earnings results on Thursday, January, 25th. The bank reported $1.11 EPS for the quarter, beating the consensus estimate of $1.10 by $0.01. The bank had revenue of $72.32 million for the quarter. Summit Financial Group had a trailing twelve-month return on equity of 14.25% and a net margin of 20.84%.

Based on aggregate information from My MarketBeat watchlists, some other companies that Summit Financial Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Jabil (JBL), Adobe (ADBE), Arista Networks (ANET), Builders FirstSource (BLDR) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
1/25/2024
Today
11/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:SMMF
Employees
496
Year Founded
N/A

Profitability

Net Income
$55.24 million
Pretax Margin
26.73%

Debt

Sales & Book Value

Annual Sales
$263.42 million
Cash Flow
$4.07 per share
Book Value
$28.98 per share

Miscellaneous

Free Float
12,793,000
Market Cap
$377.28 million
Optionable
Optionable
Beta
0.39

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This page (NASDAQ:SMMF) was last updated on 11/2/2024 by MarketBeat.com Staff
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