Summit Financial Group, Inc. (SMMF)
| Market Cap | 298.34M |
| Revenue (ttm) | 95.81M |
| Net Income (ttm) | 29.22M |
| Shares Out | 12.98M |
| EPS (ttm) | 2.27 |
| PE Ratio | 10.14 |
| Forward PE | n/a |
| Dividend | $0.68 |
| Dividend Yield | 2.96% |
| Trading Day | January 15 |
| Last Price | $22.98 |
| Previous Close | $23.51 |
| Change ($) | -0.53 |
| Change (%) | -2.25% |
| Day's Open | 23.10 |
| Day's Range | 22.98 - 23.40 |
| Day's Volume | 6,615 |
| 52-Week Range | 13.70 - 25.09 |
Summit Financial (SMMF) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
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 subsidia...
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 resu...
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 divide...
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 an...
Summit (SMMF) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
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...
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 (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) continues its expansion activities for the year with the acquisition of WinFirst.
Summit Enters Kentucky Market; 100% Cash Consideration Summit Enters Kentucky Market; 100% Cash Consideration
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 millio...
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 Finan...
MOOREFIELD, W.Va., Aug. 28, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a third quarter 2020 divi...
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 th...
Q2 2020 Diluted EPS $0.54 compared to $0.35 for Q1 2020 and $0.68 for Q2 2019 Q2 2020 Diluted EPS $0.54 compared to $0.35 for Q1 2020 and $0.68 for Q2 2019
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.
Bank's loan forbearances and deferred payments due to the pandemic have stretched the credit cycle beyond the second quarter. So, the impact of defaults, if any, won't show on Q2 results much.
Let's see if Summit Financial (SMMF) stock is a good choice for value-oriented investors right now from multiple angles.
MOOREFIELD, W.Va., May 21, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a second quarter 2020 divi...
Summit Financial (SMMF) delivered earnings and revenue surprises of -18.60% and 3.37%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
MOOREFIELD, W.Va., April 24, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today reported that its wholly-owned subsidiary, Summit Community Bank, Inc. has ...
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.
MOOREFIELD, W.Va., Feb. 28, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently approved a stock repurchase progra...
MOOREFIELD, W.Va., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a first quarter 2020 divi...
MOOREFIELD, W.Va., Jan. 02, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective January 1, 2020, of the acquisition by its subsidi...
FAIRMONT, W.Va., Nov. 22, 2019 (GLOBE NEWSWIRE) -- MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today the signing of a d...
MOOREFIELD, W.Va., Nov. 21, 2019 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a fourth quarter 2019 div...
MOOREFIELD, W. Va., Nov. 15, 2019 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today announced that H. Charles Maddy, III, President and Chief Exec...
Is Summit Financial (SMMF) a great pick from the value investor's perspective right now? Read on to know more.
Q3 2019 Diluted EPS $0.65 compared to $0.68 for Q2 2019 and $0.55 for Q3 2018 Q3 2019 Diluted EPS $0.65 compared to $0.68 for Q2 2019 and $0.55 for Q3 2018
50% Common Stock / 50% Cash Consideration; $5,700 Per Share Cash or 228 Shares of Summit Common Stock; Aggregate Transaction Value of Approximately $28.5 Million 50% Common Stock / 50% Cash Co...
MOOREFIELD, W. Va., Sept. 03, 2019 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today announced that H. Charles Maddy, III, President and Chief Exe...
MOOREFIELD, W.V., Aug. 30, 2019 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a third quarter 2019 divid...
Summit Financial (SMMF) delivered earnings and revenue surprises of 25.93% and 10.12%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
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) 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 Group, Inc. (SMMF) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
About SMMF
Summit Financial Group 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. The company's community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loan... [Read more...]
| Industry Banks-Regional | IPO Date May 4, 1998 |
| CEO H. Charles Maddy III | Employees 383 |
| Stock Exchange NASDAQ | Ticker Symbol SMMF |
Financial Performance
In 2019, SMMF's revenue was $94.74 million, an increase of 11.50% compared to the previous year's $84.97 million. Earnings were $31.87 million, an increase of 13.52%.
Analyst Forecasts
According to 2 analysts, the average rating for SMMF stock is "Hold." The 12-month stock price forecast is 24.50, which is an increase of 6.61% from the latest price.