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 Q3 2020

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Summit Financial Group provides a range of general banking services to customers. The company designs and strategically implements professional benefits, insurance, and investment solutions that help secure a healthy financial future for its clients. The firm is a $2.94 billion financial holding company headquartered in Moorefield, West Virginia. It provides community banking services primarily in the Eastern Panhandle and Southern regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia, through its bank subsidiary, Summit Community Bank, Inc., which now operates more than 40 banking locations. Deeply rooted in the communities they serve, Summit is committed to providing exceptional financial services and customer care while maintaining the traditional values that are important to their clients.

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.

Summit (SMMF) Looks Good: Stock Adds 6.1% in Session

Summit Financial (SMMF) delivered earnings and revenue surprises of 124.24% and 12.63%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Summit Financial (SMMF) Surpasses Q3 Earnings and Revenue Estimates

Q3 2020 Diluted EPS $0.74 compared to $0.54 for Q2 2020 and $0.65 for Q3 2019 Q3 2020 Diluted EPS $0.74 compared to $0.54 for Q2 2020 and $0.65 for Q3 2019

Summit Financial Group Reports 37% Increase In Q3 2020 EPS Versus Q2 2020

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) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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Summit Financial (SMMF) continues its expansion activities for the year with the acquisition of WinFirst.

Summit Financial to Acquire WinFirst, Expand Base in Kentucky

Summit Enters Kentucky Market; 100% Cash Consideration Summit Enters Kentucky Market; 100% Cash Consideration

Summit Financial Group, Inc. to Acquire WinFirst Financial Corp. and Subsidiary, WinFirst Bank

MOOREFIELD, W. Va., Sept.  23, 2020  (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today announced the completion of a private placement of $30 million of its 5.00% Fixed to Floating Rate Subordinated Notes due 2030 (the "Notes") to certain qualified institutional buyers and accredited investors.

Summit Financial Group Announces Completion of $30.0 Million Issuance of Subordinated Debt

MOOREFIELD, W. Va., Sept.  15, 2020  (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company”) (NASDAQ: SMMF) today announced that Robert S. Tissue, Executive Vice President and Chief Financial Officer and Brad Ritchie, President, Summit Community Bank, Inc. will be making a virtual presentation in conjunction with the Piper Sandler Virtual D.C. Community Bank Field Trip on September 16, 2020.

News for Summit Financial Group Stock (SMMF)