Summit Financial Group Stock (NASDAQ:SMMF)


RevenueOwnershipFinancialsChart

Previous Close

$26.36

52W Range

$17.06 - $31.49

50D Avg

$26.24

200D Avg

$25.24

Market Cap

$377.45M

Avg Vol (3M)

$24.30K

Beta

0.40

Div Yield

$0.88 (1.71%)

SMMF Company Profile


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, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance services. As of December 31, 2021, it operated through 45 banking offices. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

496

IPO Date

Jan 07, 2000

Website

SMMF Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Deposit Account$6.98M$6.15M$5.03M
Credit and Debit Card$7.30M$6.26M$5.90M
Product and Service, Other$552.00K$516.00K-
Fiduciary and Trust$3.44M$2.98M$2.89M

Fiscal year ends in Dec 23 | Currency in USD

SMMF Financial Summary


Dec 23Dec 22Dec 21
Revenue$263.33M$144.21M$127.47M
Operating Income-$97.07M$57.40M
Net Income$55.24M$53.22M$45.74M
EBITDA$3.33M$98.51M$58.96M
Basic EPS$3.88$4.11$3.49
Diluted EPS$3.88$4.10$3.47

Fiscal year ends in Dec 23 | Currency in USD

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