Summit Financial Group, Inc. (SMMF)
| Market Cap | 383.17M |
| Revenue (ttm) | 130.86M |
| Net Income (ttm) | 47.63M |
| Shares Out | 12.78M |
| EPS (ttm) | 3.69 |
| PE Ratio | 8.13 |
| Forward PE | n/a |
| Dividend | $0.72 (2.40%) |
| Ex-Dividend Date | Jun 14, 2022 |
| Volume | 63,636 |
| Open | 29.96 |
| Previous Close | 29.97 |
| Day's Range | 29.63 - 30.17 |
| 52-Week Range | 23.01 - 30.83 |
| Beta | 0.36 |
| Analysts | Buy |
| Price Target | 32.13 (+7.1%) |
| Earnings Date | Aug 4, 2022 |
About SMMF
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. The company's community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, res... [Read more...]
Financial Performance
In 2021, SMMF's revenue was $126.14 million, an increase of 24.81% compared to the previous year's $101.07 million. Earnings were $45.74 million, an increase of 46.01%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for SMMF stock is "Buy." The 12-month stock price forecast is 32.13, which is an increase of 7.14% from the latest price.
News
This is Why Summit Financial (SMMF) is a Great Dividend Stock
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?
Summit Financial (SMMF) Misses Q2 Earnings and Revenue Estimates
Summit Financial (SMMF) delivered earnings and revenue surprises of -5.15% and 1.91%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Summit Financial Group Reports Second Quarter 2022 EPS of $0.92 on Revenue and Loan Growth
MOOREFIELD, W. Va., July 28, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported financial results for the second quarter of 2022, including conti...
Summit Financial (SMMF) Could Be a Great Choice
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?
Summit Financial Group, Inc. (SMMF) Soars to 52-Week High, Time to Cash Out?
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. Announces Q2 Common Dividend of $0.18 Per Share
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 $0.1...
Why Summit Financial (SMMF) is a Great Dividend Stock Right Now
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?
Is Summit Financial Group (SMMF) Stock Undervalued Right Now?
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 v...
Why Summit Financial (SMMF) is a Top Dividend Stock for Your Portfolio
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?
Summit Financial (SMMF) Q1 Earnings and Revenues Beat Estimates
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 Group Reports First Quarter 2022 EPS of $0.90 on Annualized Double-Digit Loan Growth and Record Net ...
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,...
Summit Financial (SMMF) to Report Q1 Results: Wall Street Expects Earnings Growth
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.
Are You Looking for a High-Growth Dividend Stock? Summit Financial (SMMF) Could Be a Great Choice
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?
Is Summit Financial Group (SMMF) a Great Value Stock Right Now?
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 v...
Are Investors Undervaluing Summit Financial Group (SMMF) Right Now?
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 v...
Summit Financial Group, Inc. Announces Q1 Common Dividend of $0.18 Per Share
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...
Summit Financial (SMMF) Q4 Earnings and Revenues Top Estimates
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 Group Reports Fourth Quarter 2021 EPS of $0.95 on Continued Loan Growth and Record Net Interest Inco...
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,...
Should Value Investors Buy Summit Financial Group (SMMF) Stock?
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 v...
Summit Financial Group, Inc. Announces Q4 Common Dividend of $0.18 per Share
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....
Summit Financial Group Announces Completion of $75.0 Million Issuance of Subordinated Debt
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% ...
Summit to Participate in D.A. Davidson Mid-Atlantic Bank Tour
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 ...
Summit Financial (SMMF) Tops Q3 Earnings Estimates
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 Group Reports Higher Third Quarter 2021 Diluted Eps of $0.92 on Growth in Commercial and Total Loans...
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...
Summit Financial (SMMF) to Report Q3 Results: Wall Street Expects Earnings Growth
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.