SMMF
Summit Financial Group, Inc.
Set alert
52-week range unavailable
- Open
- 26.40
- Prev close
- 25.70
- Mkt cap
- 377.45M
- Vol
- 270.69K
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 3.42%
More statistics
- Low
- 25.36
- High
- 26.42
- Forward P/E
- 6.42
- Beta
- 0.40
- Short ratio
- 1.97
- Inst. own
- 42.10%
- Dividend
- 0.88
- Ex-div date
- Mar 13, 2024
- Earnings
- Apr 25, 2024
- 50-d avg
- 26.24
- 200-d avg
- 25.43
- 1y target
- 30.00
Key statistics
- Market cap
- 377.45M
- Enterprise value
- 686.39M
- Trailing P/E
- 6.64
- Forward P/E
- 6.42
- PEG ratio
- 0.80
- Price / sales
- 2.18
- Price / book
- 0.86
- EPS (TTM)
- 3.87
- Beta
- 0.40
- Dividend yield
- 3.42%
- Payout ratio
- 22.22%
- Profit margin
- 33.61%
- Revenue (TTM)
- 173.12M
- Revenue growth
- 21.40%
- Free cash flow
- 0
- Total cash
- 92.46M
- Total debt
- 386.48M
- Return on equity
- 14.13%
- Shares outstanding
- 14.69M
- Short % of float
- 0.49%
- 50-day average
- 26.24
- 200-day average
- 25.43
Analyst view
Consensus: hold
- Strong buy0
- Buy0
- Hold2
- Sell0
- Strong sell0
Next earnings
Apr 25, 2024
Expected Apr 25, 2024. Consensus EPS estimate 0.96.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Apr 25, 2024 | Mar 1, 2024 | 1.07 | — | — | — |
| Jan 25, 2024 | Dec 1, 2023 | 1.10 | — | — | — |
| Oct 26, 2023 | Sep 1, 2023 | 1.03 | — | — | — |
| Jul 27, 2023 | Jun 1, 2023 | 0.74 | — | — | — |
| Apr 27, 2023 | Mar 1, 2023 | 1.06 | — | — | — |
| Jan 26, 2023 | Dec 1, 2022 | 1.19 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 28, 2023 | DA Davidson | main | Neutral | Neutral |
| Jul 29, 2021 | Piper Sandler | up | Neutral | Overweight |
| Mar 5, 2017 | DA Davidson | init | — | Neutral |
| Oct 11, 2016 | Piper Sandler | init | — | Buy |
About Summit Financial Group, Inc.
As of May 3, 2024, Summit Financial Group, Inc. was acquired by Burke & Herbert Financial Services Corp. 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.
- Sector
- Financial Services
- Industry
- Banks—Regional
- Country
- United States
- Website
- summitfgi.com
News
- Joseph W. Spada, CFP®, Named Summit Financial's 2025 Leading Financial Advisor, Marking 28‑Year Streak of Excellence
- Summit Financial Adds $1.2B RIA Signet Financial Management to Continue Rapid Expansion of its National Platform
- 2025 Milestone Year: Summit Financial Grows Assets 6x to $24B, Powers Continued 2026 Platform Expansion
- Summit Financial Expands National RIA Network With Minority Investment in Ivy Wealth Management
- Summit Financial Urges Advisors to Prioritize Partner Alignment as More Investors Pursue RIA Minority Purchases
- Summit Financial Climbs to No. 35 on Barron's 2025 Top 100 RIA Firms
- Summit Financial Enhances AI-Driven Advisor Growth Platform, Extends Innovation Leadership to Better Serve Clients
- Summit Financial Fuels Rapid National Growth with Investments in Four Advisory Firms Managing a Combined $1.2B in Client Assets
- Summit Financial Bolsters Partnership Network with Acquisition Stake in Parsons Broach Financial Services
- Summit Financial Names Joseph Spada, CFP® its 2024 Leading Financial Advisor, Marking 27-Year Streak of Excellence
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BEAN OSCAR M | Chairman of the Board | Conversion of Exercise of derivative security | May 2, 2024 | 0 |
| BRIDGEFORTH J SCOTT | Director | Conversion of Exercise of derivative security | May 2, 2024 | 0 |
| COOKMAN JAMES M | Director | Conversion of Exercise of derivative security | May 2, 2024 | 0 |
| FRYE PATRICK N | Officer | Stock Gift | Dec 21, 2023 | 35,480 |
| GEARY JAMES P II | Director | Purchase | Mar 18, 2024 | 38,782 |
| HAGER JOSEPH | Officer | Purchase | Apr 30, 2023 | 5,332 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 5.53% | 811,093 | 16.76M | Jun 29, 2023 |
| Vanguard Group Inc | 3.83% | 562,379 | 11.62M | Jun 29, 2023 |
| Dimensional Fund Advisors LP | 2.34% | 342,730 | 7.08M | Jun 29, 2023 |
| Summit Financial Group, Inc. | 1.66% | 244,225 | 5.50M | Sep 29, 2023 |
| Geode Capital Management, LLC | 1.54% | 226,549 | 4.68M | Jun 29, 2023 |
| State Street Corporation | 1.42% | 207,625 | 4.29M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.08% | 304,535 | 6.29M | Jun 29, 2023 |
| iShares Russell 2000 ETF | 1.99% | 291,279 | 7.17M | Aug 30, 2023 |
| Vanguard Extended Market Index Fund | 1.33% | 195,678 | 4.04M | Jun 29, 2023 |
| iShares Russell 2000 Value ETF | 0.73% | 106,708 | 2.63M | Aug 30, 2023 |
| Fidelity Small Cap Index Fund | 0.67% | 98,808 | 2.23M | Jul 30, 2023 |
| DFA U.S. Targeted Value Portfolio | 0.46% | 67,181 | 1.52M | Jul 30, 2023 |