Summit Financial Group Company Profile (NASDAQ:SMMF)

About Summit Financial Group

Summit Financial Group logoSummit Financial Group, Inc. (Summit) is a financial holding company. The Company provides community banking services primarily in the Eastern Panhandle and South Central regions of West Virginia and the Shenandoah Valley, and Northern region of Virginia. The Company provides these services through its community bank subsidiary, Summit Community Bank (Summit Community or the Bank). The Company operates through two segments: community banking, and insurance & financial services. The community banking segment consists of its full service banks, which offer customers traditional banking products and services through various delivery channels. The insurance & financial services segment includes three insurance agency offices that sell insurance products. The Company also operates Summit Insurance Services, LLC in Moorefield, West Virginia and Leesburg, Virginia, which provides insurance brokerage services to individuals and businesses.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: SMMF
  • CUSIP:
Key Metrics:
  • Previous Close: $19.60
  • 50 Day Moving Average: $19.72
  • 200 Day Moving Average: $18.09
  • 52-Week Range: $11.03 - $20.77
  • Trailing P/E Ratio: 13.09
  • P/E Growth: 0.00
  • Market Cap: $209.56M
  • Outstanding Shares: 10,692,000
  • Beta: 0.94
Profitability:
  • Net Margins: 22.49%
  • Return on Equity: 10.88%
  • Return on Assets: 1.05%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.91%
Additional Links:
Companies Related to Summit Financial Group:

Analyst Ratings

Consensus Ratings for Summit Financial Group (NASDAQ:SMMF) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Summit Financial Group (NASDAQ:SMMF)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Summit Financial Group (NASDAQ:SMMF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2016        
7/25/2016Q2$0.37ViewN/AView Earnings Details
4/25/2016Q1$0.38ViewN/AView Earnings Details
1/25/2016Q4$0.39ViewN/AView Earnings Details
10/26/2015Q3$0.34ViewN/AView Earnings Details
7/27/2015Q2$0.38ViewN/AView Earnings Details
4/27/2015Q115$0.41ViewN/AView Earnings Details
1/28/2015Q414$0.32ViewN/AView Earnings Details
7/30/2014Q213$0.25ViewN/AView Earnings Details
1/29/2014Q4$0.29ViewN/AView Earnings Details
10/30/2013Q313$0.27ViewN/AView Earnings Details
1/30/2013Q412$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Summit Financial Group (NASDAQ:SMMF)
Current Year EPS Consensus Estimate: $-0.63 EPS

Dividends

Current Dividend Information for Summit Financial Group (NASDAQ:SMMF)
Annual Dividend:$0.40
Dividend Yield:2.04%
Payout Ratio:26.49% (Based on Trailing 12 Months of Earnings)
-63.49% (Based on Current Year Consensus EPS Estimate)

Dividend History for Summit Financial Group (NASDAQ:SMMF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/31/2016quarterly$0.102.06%9/13/20169/15/20169/30/2016
6/1/2016quarterly$0.102.31%6/13/20166/15/20166/30/2016
3/1/2016quarterly$0.102.99%3/11/20163/15/20163/31/2016
11/23/2015quarterly$0.082.74%12/11/201512/15/201512/31/2015
8/25/2015quarterly$0.082.71%9/11/20159/15/20159/30/2015
6/1/2015quarterly$0.082.85%6/11/20156/15/20156/30/2015
3/2/2015$0.083/12/20153/16/20153/31/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Summit Financial Group (NASDAQ:SMMF)
Insider Ownership Percentage: 22.82%
Institutional Ownership Percentage: 14.78%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/19/2016Gary L HinkleDirectorBuy3,500$19.49$68,215.00View SEC Filing  
8/15/2016Oscar M BeanChairmanSell5,000$20.13$100,650.00View SEC Filing  
8/1/2016Gary L HinkleDirectorBuy5,000$19.53$97,650.00View SEC Filing  
6/13/2016John W Crites IIDirectorBuy2,338$16.97$39,675.86View SEC Filing  
6/10/2016Jeffrey E HottDirectorSell3,700$17.01$62,937.00View SEC Filing  
6/8/2016Gary L HinkleDirectorBuy4,862$16.96$82,459.52View SEC Filing  
9/23/2015Jeffrey E HottDirectorSell2,085$11.50$23,977.50View SEC Filing  
9/2/2015Gary L HinkleDirectorBuy4,500$11.64$52,380.00View SEC Filing  
11/3/2014James M CookmanDirectorBuy1,000$11.90$11,900.00View SEC Filing  
10/31/2014Gary L HinkleDirectorBuy1,280$11.00$14,080.00View SEC Filing  
10/29/2014Jeffrey E HottDirectorSell5,000$10.50$52,500.00View SEC Filing  
9/15/2014Jeffrey E HottDirectorSell3,697$10.50$38,818.50View SEC Filing  
3/6/2014Jeffrey E HottDirectorSell5,329$10.50$55,954.50View SEC Filing  
2/7/2014Robert S TissueCFOBuy1,000$10.00$10,000.00View SEC Filing  
2/5/2014Gary L HinkleDirectorBuy2,000$10.00$20,000.00View SEC Filing  
12/3/2013Thomas J Hawse IIIDirectorBuy1,800$9.22$16,596.00View SEC Filing  
8/1/2013Scott C JenningsCOOSell3,200$8.40$26,880.00View SEC Filing  
6/25/2013Jeffrey E HottDirectorSell10,000$8.00$80,000.00View SEC Filing  
6/21/2013Jeffrey E HottDirectorSell10,000$7.95$79,500.00View SEC Filing  
5/14/2013Jeffrey E HottDirectorSell2,000$8.22$16,440.00View SEC Filing  
5/8/2013Thomas J Hawse IIIDirectorBuy1,000$8.49$8,490.00View SEC Filing  
12/10/2012Oscar M BeanChairmanBuy1,000$4.81$4,810.00View SEC Filing  
9/5/2012Jeffrey E HottDirectorSell5,000$4.15$20,750.00View SEC Filing  
8/29/2012Jeffrey E HottDirectorSell1,000$4.05$4,050.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Summit Financial Group (NASDAQ:SMMF)
DateHeadline
thestreet.com logoCash Dividend On The Way From Summit Financial Group (SMMF) (NASDAQ:SMMF)
www.thestreet.com - September 9 at 12:08 PM
finance.yahoo.com logoSummit Financial Group, Inc. Announces Q3 2016 Dividend of $0.10 per Share (NASDAQ:SMMF)
finance.yahoo.com - August 29 at 7:17 PM
News IconChairman of Summit Financial Group (NASDAQ:SMMF), Bean Oscar M, sells 5,000 shares worth $100,650 (NASDAQ:SMMF)
empowerednews.net - August 16 at 7:36 PM
finance.yahoo.com logoSUMMIT FINANCIAL GROUP INC Financials (NASDAQ:SMMF)
finance.yahoo.com - August 11 at 7:59 PM
forbes.com logoTuesday 8/2 Insider Buying Report: RCII, SMMF (NASDAQ:SMMF)
www.forbes.com - August 3 at 7:51 PM
capitalcube.com logoETF’s with exposure to Summit Financial Group, Inc. (West Virginia) : August 2, 2016 (NASDAQ:SMMF)
www.capitalcube.com - August 2 at 7:50 PM
4-traders.com logoRevenue Update on Summit Financial Group(NASDAQ:SMMF) (NASDAQ:SMMF)
www.4-traders.com - August 1 at 7:15 PM
capitalcube.com logoSummit Financial Group, Inc. (West Virginia) :SMMF-US: Earnings Analysis: Q2, 2016 By the Numbers : August 1, 2016 (NASDAQ:SMMF)
www.capitalcube.com - August 1 at 7:15 PM
News IconSummit Financial Earnings Edge Higher (NASDAQ:SMMF)
www.dnronline.com - August 1 at 12:07 PM
News IconInsurance watchdog group forms new company to certify home improvement providers (NASDAQ:SMMF)
www.sun-sentinel.com - July 27 at 7:52 PM
capitalcube.com logoSummit Financial Group, Inc. (West Virginia) :SMMF-US: Earnings Analysis: Q2, 2016 By the Numbers : July 27, 2016 (NASDAQ:SMMF)
www.capitalcube.com - July 27 at 2:53 PM
nasdaq.com logoSummit Financial Group Reports Second Quarter and First Half 2016 Results (NASDAQ:SMMF)
www.nasdaq.com - July 25 at 7:39 PM
finance.yahoo.com logoUPDATE -- Summit Financial Group Reports Second Quarter and First Half 2016 Results (NASDAQ:SMMF)
finance.yahoo.com - July 25 at 9:10 AM
News IconCetera Financial Group's Parent Company Completes Board with Addition of Industry Leading Executives (NASDAQ:SMMF)
www.itbusinessnet.com - June 16 at 7:41 PM
News IconDowntown group hits financial wall (NASDAQ:SMMF)
lockhaven.com - June 16 at 11:49 AM
prnewswire.com logoCenter for Financial Planning Releases Design Summit Proceedings Detailing Challenges, Opportunities and New Initiatives (NASDAQ:SMMF)
www.prnewswire.com - June 16 at 11:49 AM
4-traders.com logoSUMMIT FINANCIAL GROUP, INC. : ex-dividend day (NASDAQ:SMMF)
www.4-traders.com - June 12 at 7:32 PM
News IconCity Council Overrides Mayor’s Veto for Development of Business Park on 291 South of Highway 50 by Exergonix and Wescott Investment Group (NASDAQ:SMMF)
lstribune.net - June 5 at 10:07 AM
News IconSummit Financial to acquire First Century Bankshares (NASDAQ:SMMF)
www.wetzelchronicle.com - June 3 at 8:07 PM
News IconFirst Century Bank acquired by Summit Financial Group (NASDAQ:SMMF)
www.bdtonline.com - June 3 at 8:07 PM
biz.yahoo.com logoSUMMIT FINANCIAL GROUP INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events (NASDAQ:SMMF)
biz.yahoo.com - June 3 at 4:48 PM
biz.yahoo.com logoSUMMIT FINANCIAL GROUP INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:SMMF)
biz.yahoo.com - June 2 at 11:19 AM
reuters.com logoBRIEF-Summit Financial Group to acquire First Century Bankshares (NASDAQ:SMMF)
uk.reuters.com - June 1 at 8:06 PM
finance.yahoo.com logoSummit Financial Group, Inc. to Acquire First Century Bankshares, Inc. and Its Wholly-Owned Subsidiary, First Century Bank, Inc. (NASDAQ:SMMF)
in.finance.yahoo.com - June 1 at 8:06 PM
News IconMarket Update: Illinois Tool Works Inc (NYSE:ITW) – ITW to Present at Deutsche Bank Global Industrials and Materials Summit (NASDAQ:SMMF)
jutiagroup.com - June 1 at 10:26 AM
streetinsider.com logoSummit Financial Group (SMMF) Declares $0.10 Quarterly Dividend; 2.3% Yield (NASDAQ:SMMF)
www.streetinsider.com - June 1 at 10:26 AM
finance.yahoo.com logoSummit Financial Group, Inc. Announces Q2 2016 Dividend of $0.10 per Share (NASDAQ:SMMF)
finance.yahoo.com - May 31 at 4:00 PM
News IconCity of Lee’s Summit, Exergonix and Westcott Investment Group Pursuing Business Park on 291 South of Hwy 50 (NASDAQ:SMMF)
lstribune.net - May 27 at 7:44 AM
bloomberg.com logoCapitec Prepares for Legal Battle Over Reckless Lending Charges (NASDAQ:SMMF)
www.bloomberg.com - May 27 at 5:53 AM
News IconSummit Materials Chooses CXO-Cockpit to Fully Leverage Their EPM Intelligence with Agile Performance Reporting (NASDAQ:SMMF)
security.itbusinessnet.com - May 26 at 2:32 PM
markets.financialcontent.com logoDynamic Communities, Inc. Announces Collaboration with Microsoft for Summit 2016 (NASDAQ:SMMF)
markets.financialcontent.com - May 26 at 2:32 PM
bloomberg.com logoCapitec Sued as Summit Alleges It Is `Payday Lender in Disguise' (NASDAQ:SMMF)
www.bloomberg.com - May 4 at 6:53 AM
capitalcube.com logoSummit Financial Group, Inc. (West Virginia) :SMMF-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:SMMF)
www.capitalcube.com - April 28 at 11:06 AM
publicnow.com logoSummit Financial Group Reports First Quarter 2016 Results (NASDAQ:SMMF)
www.publicnow.com - April 25 at 10:34 AM
sg.finance.yahoo.com logoSummit Financial posts 1Q profit (NASDAQ:SMMF)
sg.finance.yahoo.com - April 25 at 6:13 AM
biz.yahoo.com logoSUMMIT FINANCIAL GROUP INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial St (NASDAQ:SMMF)
biz.yahoo.com - March 1 at 6:08 AM
finance.yahoo.com logo6:02 am Summit Financial increases quarterly dividend to $0.10/share from $0.08/share (NASDAQ:SMMF)
finance.yahoo.com - February 29 at 6:02 AM
finance.yahoo.com logoSummit Financial Group, Inc. Increases Dividend 25% (NASDAQ:SMMF)
finance.yahoo.com - February 29 at 6:00 AM
biz.yahoo.com logoSUMMIT FINANCIAL GROUP INC Files SEC form 10-K, Annual Report (NASDAQ:SMMF)
biz.yahoo.com - February 26 at 3:50 PM
biz.yahoo.com logoSUMMIT FINANCIAL GROUP INC Files SEC form 8-K/A, Change in Directors or Principal Officers, Financial Statements and (NASDAQ:SMMF)
biz.yahoo.com - February 19 at 9:32 AM
biz.yahoo.com logoSUMMIT FINANCIAL GROUP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Ex (NASDAQ:SMMF)
biz.yahoo.com - February 3 at 2:17 PM
News IconNEW: Bank Posts Most Profitable Year (NASDAQ:SMMF)
www.dailynews-record.com - January 29 at 8:06 PM
publicnow.com logoSummit Financial Group to Ring The Nasdaq Stock Market Closing Bell (NASDAQ:SMMF)
www.publicnow.com - January 29 at 11:33 AM
finance.yahoo.com logoSummit Financial Group, Inc. (Nasdaq: SMMF) to Ring the Nasdaq Stock Market Closing Bell (NASDAQ:SMMF)
finance.yahoo.com - January 29 at 10:00 AM
capitalcube.com logoSummit Financial Group, Inc. (West Virginia) Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:SMMF)
www.capitalcube.com - January 28 at 2:03 PM
News IconGoldman CEO Blankfein is making one of his first public appearances since his cancer diagnosis (NASDAQ:SMMF)
www.businessinsider.com - January 28 at 12:52 PM
sg.finance.yahoo.com logoSummit Financial posts 4Q profit (NASDAQ:SMMF)
sg.finance.yahoo.com - January 25 at 6:19 AM
finance.yahoo.com logoSummit Financial Group Reports Fourth Quarter and Full Year 2015 Results (NASDAQ:SMMF)
finance.yahoo.com - January 25 at 6:00 AM
finance.yahoo.com logoSummit Financial Group, Inc. (SMMF) (NASDAQ:SMMF)
finance.yahoo.com - January 22 at 7:14 PM
finance.yahoo.com logoSummit Financial Group Inc. (SMMF) (NASDAQ:SMMF)
finance.yahoo.com - January 17 at 6:51 PM

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Summit Financial Group (NASDAQ:SMMF) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff