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.

MOOREFIELD, W.Va., July 12, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today reported that its wholly-owned subsidiary, Summit Community Bank, Inc., has completed its previously announced acquisition of four full-service branch banking offices and two drive-up banking locations of MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (NASDAQ: MVBF), consisting of substantially all of MVB Bank Inc.'s Southern West Virginia community banking operations. The four full-service banking centers are located at 400 Washington Street East, Charleston; 3754 Teays Valley Road, Hurricane; 660 Central Avenue, Barboursville; and 999 4th Avenue, Huntington, and its drive-up banking locations at 6399 Route 60, Barboursville, and 940 5th Avenue, Huntington.

Summit Community Bank Inc. Completes Its Acquisition of Four Southern WV Branch Banking Centers

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MOOREFIELD, W.Va., May 28, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a second quarter 2021 dividend of $0.17 per share payable on June 30, 2021 to common shareholders of record as of the close of business on June 15, 2021.

Summit Financial Group, Inc. Announces Q2 Dividend of $0.17 Per Share

Is Summit Financial Group (SMMF) a great pick from the value investor's perspective right now? Read on to know more.

Is Summit Financial Group (SMMF) a Good Pick for Value Investors?

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial Holdings (“Summit”), a prominent financial services firm for top independent and breakaway advisors, is expanding its reach to Michigan with the launch of Vardhan Wealth Management (“Vardhan”). Vardhan is aligning with Summit by becoming the 14th firm to join Summit Growth Partners, an innovative custom capital solution that combines cash monetization with equity participation as well as exclusive partnership privileges. Vardhan will also beco

Summit Financial Supports Launch of New Michigan-Based Independent Wealth Advisory Firm

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FAIRMONT, W.Va.--(BUSINESS WIRE)--MVB Bank to Sell Four Banking Centers to Summit Community Bank

MVB Bank to Sell Four Banking Centers to Summit Community Bank

Summit Financial (SMMF) delivered earnings and revenue surprises of -6.98% and -0.55%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Summit Financial (SMMF) Q1 Earnings and Revenues Miss Estimates

Shares of Summit Financial Group (NASDAQ:SMMF) moved higher by 2.5% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 128.57% over the past year to $0.80, which missed the estimate of $0.85.

Summit Financial Group: Q1 Earnings Insights

Q1 2021 Diluted EPS $0.80 compared to $0.79 for Q4 2020 and $0.35 for Q1 2020 Q1 2021 Diluted EPS $0.80 compared to $0.79 for Q4 2020 and $0.35 for Q1 2020

Summit Financial Group Reports Record Quarterly EPS and Net Income

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Summit Financial (SMMF) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Summit Financial (SMMF) Moves 5.1% Higher: Will This Strength Last?

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MOOREFIELD, W.Va., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a first quarter 2021 dividend of $0.17 per share payable on March 31, 2021 to common shareholders of record as of the close of business on March 15, 2021.

Summit Financial Group, Inc. Announces Q1 Dividend of $0.17 Per Share

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Summit Financial Group (SMMF) has been struggling lately, but the selling pressure may be coming to an end soon.

Summit Financial (SMMF) Sees Hammer Chart Pattern: Time to Buy?

Summit Financial (SMMF) delivered earnings and revenue surprises of 46.30% and 8.79%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Summit Financial (SMMF) Q4 Earnings and Revenues Beat Estimates

Shares of Summit Financial Group (NASDAQ:SMMF) fell 0.3% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 21.54% year over year to $0.79, which beat the estimate of $0.46.

Recap: Summit Financial Q4 Earnings

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.

Earnings Preview: Summit Financial (SMMF) Q4 Earnings Expected to Decline

Summit Financial (SMMF) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

Summit Financial (SMMF) Looks Good: Stock Adds 7.1% in Session

MOOREFIELD, W.V., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective December 15, 2020, of the acquisition by its subsidiary Summit Community Bank, Inc. of WinFirst Financial Corp. and its subsidiary, WinFirst Bank, headquartered in Winchester, Kentucky.

Summit Financial Group, Inc. Completes Acquisition of WinFirst Financial Corp. and Subsidiary, WinFirst Bank

At Insider Monkey, we pore over the filings of nearly 817 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of September 30. In this article, we will use that wealth of knowledge to determine whether or not Summit Financial Group, Inc. (NASDAQ:SMMF) makes for a good investment right now.

Is Summit Financial Group (SMMF) A Good Stock To Buy?

MOOREFIELD, W.V., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a fourth quarter 2020 dividend of $0.17 per share payable on December 31, 2020 to common shareholders of record as of the close of business on December 15, 2020.

Summit Financial Group, Inc. Announces Q4 Dividend of $0.17 Per Share

MOOREFIELD, W.V., Nov. 16, 2020 (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 DA Davidson Mid-Atlantic/Midwest Virtual Bank Tour on November 17, 2020.

Summit to Participate in DA Davidson Mid-Atlantic/Midwest Virtual Bank Tour

Summit (SMMF) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

News for Summit Financial Group Stock (SMMF)