Summit Financial Group

Summit Financial Group, Inc. is a holding company, which engages in the provision of community banking and insurance services. It offers a wide range of community banking services, including demand, savings, and time deposits, commercial, real estate and consumer loans, trust and wealth management services, and cash management services. Its loan portfolio includes commercial, commercial real estate, construction and land development, residential real estate, consumer, and mortgage warehouse lines of credit. The company was founded on March 5, 1987 and is headquartered in Moorefield, WV.

Earnings data Q1 2024

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Summit Financial Group, Inc. is a holding company, which engages in the provision of community banking and insurance services. The company was founded on March 5, 1987 and is headquartered in Moorefield, WV.

Summit Financial (SMMF) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Summit Financial Group, Inc. (SMMF) Soars to 52-Week High, Time to Cash Out?

MOOREFIELD, W.Va., May 31, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a second quarter 2022 dividend of $0.18 per share payable on June 30, 2022 to common shareholders of record as of the close of business on June 15, 2022.

Summit Financial Group, Inc. Announces Q2 Common Dividend of $0.18 Per Share

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Summit Financial Group (SMMF) Stock Undervalued Right Now?

Summit Financial (SMMF) delivered earnings and revenue surprises of 4.65% and 2.40%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Summit Financial (SMMF) Q1 Earnings and Revenues Beat Estimates

MOOREFIELD, W.Va., April 28, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported continued strong financial results for the first quarter of 2022, including double-digit annualized growth in loans, record net interest income, sequential net interest margin (“NIM”) expansion, improving asset quality and low operating expenses.

Summit Financial Group Reports First Quarter 2022 EPS of $0.90 on Annualized Double-Digit Loan Growth and Record Net Interest Income

Summit Financial (SMMF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Summit Financial (SMMF) to Report Q1 Results: Wall Street Expects Earnings Growth

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Summit Financial (SMMF) have what it takes?

Are You Looking for a High-Growth Dividend Stock? Summit Financial (SMMF) Could Be a Great Choice

Is Summit Financial Group (SMMF) a Great Value Stock Right Now?

MOOREFIELD, W.V., Feb. 25, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a first quarter 2022 dividend of $0.18 per share payable on March 31, 2022 to common shareholders of record as of the close of business on March 15, 2022.

Summit Financial Group, Inc. Announces Q1 Common Dividend of $0.18 Per Share

Summit Financial (SMMF) delivered earnings and revenue surprises of 7.95% and 7.36%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Summit Financial (SMMF) Q4 Earnings and Revenues Top Estimates

MOOREFIELD, W.Va., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported continued strong financial results for the fourth quarter of 2021, including growth in earnings, net interest income, revenue, and commercial and total loans to new record levels, while maintaining sustained asset quality strength and expense discipline.

Summit Financial Group Reports Fourth Quarter 2021 EPS of $0.95 on Continued Loan Growth and Record Net Interest Income, Total Revenue and Net Income

Well-run bank with industry-leading efficiency ratios.

Summit Financials: Reasonably Priced With Acquisition Upside

Should Value Investors Buy Summit Financial Group (SMMF) Stock?

MOOREFIELD, W.V. , Nov. 18, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a fourth quarter 2021 dividend of $0.18 per share payable on December 31, 2021 to common shareholders of record as of the close of business on December 15, 2021.

Summit Financial Group, Inc. Announces Q4 Common Dividend of $0.18 per Share

MOOREFIELD, W.V., Nov. 16, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today announced the completion of a private placement of $75 million of its 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031 (the "Notes") to certain qualified institutional buyers and accredited investors.

Summit Financial Group Announces Completion of $75.0 Million Issuance of Subordinated Debt

MOOREFIELD, W.Va., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company”) (NASDAQ: SMMF) today announced that H. Charles Maddy, III, President and Chief Executive Officer and Robert S. Tissue, Executive Vice President and Chief Financial Officer, will be making virtual presentations in conjunction with the D.A. Davidson Mid-Atlantic Bank Tour on November 17, 2021.

Summit to Participate in D.A. Davidson Mid-Atlantic Bank Tour

Summit Financial (SMMF) delivered earnings and revenue surprises of 10.84% and -0.60%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Summit Financial (SMMF) Tops Q3 Earnings Estimates

MOOREFIELD, W.Va., Oct. 28, 2021 (GLOBE NEWSWIRE) --  Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported strong financial results for the third quarter of 2021, including growth in earnings, net interest income, revenue, and commercial and total loans, as well as further asset quality improvement and expense discipline.

Summit Financial Group Reports Higher Third Quarter 2021 Diluted Eps of $0.92 on Growth in Commercial and Total Loans, Increased Revenue, Further Asset Quality Improvement and Expense Discipline

Summit Financial (SMMF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Summit Financial (SMMF) to Report Q3 Results: Wall Street Expects Earnings Growth

MOOREFIELD, W.V., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company”) (NASDAQ: SMMF) today announced that H. Charles Maddy, III, President and Chief Executive Officer and Robert S. Tissue, Executive Vice President and Chief Financial Officer, will be making a virtual presentation in conjunction with the Piper Sandler 2021 D.C. Bank Field Trip on September 14, 2021.

Summit to Participate in Piper Sandler 2021 D.C. Bank Field Trip

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This weekly article series provides a summary of dividend changes. A summary table presents relevant data and key statistics of dividend increases.

Dividend Increases: August 21-27, 2021

MOOREFIELD, W.Va., Aug. 27, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a third quarter 2021 dividend of $0.18 per share payable on September 30, 2021 to common shareholders of record as of the close of business on September 15, 2021.

Summit Financial Group, Inc. Announces Q3 Common Dividend of $0.18 per Share

Summit Financial (SMMF) delivered earnings and revenue surprises of 1.27% and 1.37%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Summit Financial (SMMF) Surpasses Q2 Earnings and Revenue Estimates

MOOREFIELD, W.Va., July 29, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported financial results for the second quarter of 2021, including continued strong earnings on growth in loans and total revenue, as well as lower credit costs.

News for Summit Financial Group Stock (SMMF)