Summit Financial Group, Inc. (SMMF)
| Market Cap | 334.34M |
| Revenue (ttm) | 116.96M |
| Net Income (ttm) | 40.65M |
| Shares Out | 12.99M |
| EPS (ttm) | 3.13 |
| PE Ratio | 8.24 |
| Forward PE | n/a |
| Dividend | $0.68 (2.64%) |
| Ex-Dividend Date | Sep 14, 2021 |
| Volume | 5,579 |
| Open | 26.03 |
| Previous Close | 25.95 |
| Day's Range | 25.64 - 26.45 |
| 52-Week Range | 16.19 - 27.00 |
| Beta | 0.46 |
| Analysts | Hold |
| Price Target | 27.00 (+4.7%) |
| Est. Earnings Date | Oct 21, 2021 |
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, and 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, ...
Financial Performance
In 2020, SMMF's revenue was $101.07 million, an increase of 6.68% compared to the previous year's $94.74 million. Earnings were $31.33 million, a decrease of -1.69%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for SMMF stock is "Hold." The 12-month stock price forecast is 27.00, which is an increase of 4.69% from the latest price.
News
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.
Summit to Participate in Piper Sandler 2021 D.C. Bank Field Trip
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 ...
Summit Financial Group, Inc. Announces Q3 Common Dividend of $0.18 per Share
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 $0.1...
Summit Financial (SMMF) Surpasses Q2 Earnings and Revenue Estimates
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 Group Reports Second Quarter 2021 EPS of $0.80, Growth in Loans and Revenue, and Lower Credit Costs
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 contin...
Summit Financial (SMMF) Earnings Expected to Grow: What to Know Ahead of Q2 Release
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 Community Bank Inc. Completes Its Acquisition of Four Southern WV Branch Banking Centers
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 it...
Summit Financial Group, Inc. Announces Q2 Dividend of $0.17 Per Share
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 $0.1...
Is Summit Financial Group (SMMF) a Good Pick for Value Investors?
Is Summit Financial Group (SMMF) a great pick from the value investor's perspective right now? Read on to know more.
Summit Financial Supports Launch of New Michigan-Based Independent Wealth Advisory Firm
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 launc...
MVB Bank to Sell Four Banking Centers to Summit Community Bank
FAIRMONT, W.Va., April 23, 2021 (GLOBE NEWSWIRE) -- MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today the signing of a definitive a...
Summit Financial (SMMF) Q1 Earnings and Revenues Miss Estimates
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 Group: Q1 Earnings Insights
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 t...
Summit Financial Group Reports Record Quarterly EPS and Net Income
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
Top Ranked Value Stocks to Buy for April 5th
Top Ranked Value Stocks to Buy for April 5th
Summit Financial (SMMF) Moves 5.1% Higher: Will This Strength Last?
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 incre...
Top Ranked Income Stocks to Buy for March 4th
Top Ranked Income Stocks to Buy for March 4th
Summit Financial Group, Inc. Announces Q1 Dividend of $0.17 Per Share
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 $0.1...
Top Ranked Income Stocks to Buy for February 23rd
Top Ranked Income Stocks to Buy for February 23rd
Top Ranked Value Stocks to Buy for February 12th
Top Ranked Value Stocks to Buy for February 12th
Summit Financial (SMMF) Sees Hammer Chart Pattern: Time to Buy?
Summit Financial Group (SMMF) has been struggling lately, but the selling pressure may be coming to an end soon.
Summit Financial (SMMF) Q4 Earnings and Revenues Beat Estimates
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?
Recap: Summit Financial Q4 Earnings
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...
Summit Financial Group Reports Record Quarterly EPS and Net Income
Q4 2020 Diluted EPS $0.79 compared to $0.74 for Q3 2020 and $0.65 for Q4 2019 Q4 2020 Diluted EPS $0.79 compared to $0.74 for Q3 2020 and $0.65 for Q4 2019
Earnings Preview: Summit Financial (SMMF) Q4 Earnings Expected to Decline
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.