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NASDAQ:SMMF

Summit Financial Group (SMMF) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$25.36
$26.42
50-Day Range
$25.03
$27.72
52-Week Range
$17.06
$31.49
Volume
278,100 shs
Average Volume
27,319 shs
Market Capitalization
$377.28 million
P/E Ratio
6.62
Dividend Yield
3.42%
Price Target
$27.00
SMMF stock logo

About Summit Financial Group Stock (NASDAQ: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. Its 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. Summit Financial Group, Inc. was incorporated in 1987 and is headquartered in Moorefield, West Virginia.

SMMF Stock News Headlines

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SMMF Oct 2024 25.000 put
SMMF Mar 2024 30.000 call
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Today
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:SMMF
Employees
496
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.00
High Stock Price Target
$27.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+5.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$55.24 million
Pretax Margin
26.73%

Debt

Sales & Book Value

Annual Sales
$263.42 million
Cash Flow
$4.07 per share
Book Value
$28.98 per share

Miscellaneous

Free Float
12,793,000
Market Cap
$377.28 million
Optionable
Optionable
Beta
0.39
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Key Executives

  • Mr. H. Charles Maddy III (Age 61)
    Vice Chairman, President & CEO
    Comp: $938.32k
  • Mr. Robert S. Tissue (Age 61)
    Executive VP & CFO
    Comp: $533.02k
  • Mr. Scott C. Jennings (Age 63)
    Executive VP & COO
    Comp: $533.16k
  • Mr. Patrick N. Frye (Age 65)
    Executive VP & Chief of Credit Administration
    Comp: $485.81k
  • Mr. Bradford E. Ritchie (Age 56)
    Executive VP & President of Summit Community Bank
    Comp: $593.06k
  • Ms. Julie R. Markwood (Age 41)
    Executive VP & Chief Accounting Officer
  • Ms. Teresa D. Ely
    Company Secretary, Executive Assistant to President & CEO and Director of Shareholder Relations
  • Ms. Danyl R. Freeman (Age 54)
    Executive VP & Chief Human Resources Officer
  • Angela R. Zirk
    Executive VP & Chief Experience Officer
  • Ms. Lauren N. Kimlel
    Executive VP & Chief Banking Officer

SMMF Stock Analysis - Frequently Asked Questions

How were Summit Financial Group's earnings last quarter?

Summit Financial Group, Inc. (NASDAQ:SMMF) issued its earnings results on Thursday, January, 25th. The bank reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.01. The bank earned $72.32 million during the quarter. Summit Financial Group had a trailing twelve-month return on equity of 14.25% and a net margin of 20.84%.

What is H. Charles Maddy III's approval rating as Summit Financial Group's CEO?

2 employees have rated Summit Financial Group Chief Executive Officer H. Charles Maddy III on Glassdoor.com. H. Charles Maddy III has an approval rating of 100% among the company's employees. This puts H. Charles Maddy III in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Summit Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Summit Financial Group investors own include Verizon Communications (VZ), Xilinx (XLNX), Carnival Co. & (CCL), GDS (GDS), Onsemi (ON), Netflix (NFLX) and QUALCOMM (QCOM).

This page (NASDAQ:SMMF) was last updated on 7/26/2024 by MarketBeat.com Staff

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