25.7  -0.66 (-2.5%)		05-02 16:00
Open: 26.4 High: 26.42 Volume: 270,690		Pre. Close: 26.36 Low: 25.361 Market Cap: 377(M)

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Summit Financial Group, Inc. operates as a financial holding company, primarily conducting business through its subsidiary, Summit Community Bank, Inc. This entity offers a broad spectrum of community banking and financial solutions to both individual clients and businesses. Its key operational territories span the Eastern Panhandle, Southern, and North Central regions of West Virginia, alongside the Northern, Shenandoah Valley, and Southwestern parts of Virginia, and the Central area of Kentucky. The company's comprehensive suite of services encompasses various deposit products, including demand, savings, and time accounts. It also provides diverse lending options, such as commercial, commercial real estate, construction and land development, residential real estate, and consumer loans, in addition to mortgage warehouse lines of credit. Furthermore, the group delivers specialized offerings like trust and wealth management, cash management, and insurance services. As of December 31, 2021, the company maintained a network of 45 banking branches. Established in 1987, Summit Financial Group, Inc. is headquartered in Moorefield, West Virginia.

Fri, 03 May 2024
Burke & Herbert Financial Services Corp. Completes Merger of Equals with Summit Financial Group, Inc. - PR Newswire

Thu, 25 Apr 2024
Summit Financial Group Reports First Quarter 2024 Earnings of $1.14 Per Share - GlobeNewswire

Tue, 28 Nov 2023
Summit Financial Group, Inc. Announces Q4 Common Dividend of $0.22 Per Share - GlobeNewswire

Wed, 04 Oct 2023
How Burke & Herbert and Summit bank merger deal came together over 2 years - The Business Journals

Fri, 25 Aug 2023
Burke & Herbert CEO David Boyle talks market expansion and other benefits of Summit bank merger - The Business Journals

Thu, 24 Aug 2023
Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. Announce Merger of Equals - PR Newswire

Price to Book Value: P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.	Neutral
Price to Earnings: PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).	Underperform
Discounted cash flow: DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.	Outperform
Return on Assets: ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.	Outperform
Return on Equity: ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.	Outperform
Debt to Equity: evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.	Neutral

Exchange: NASDAQ
Sector: Financial Services
Industry: Banks - Regional
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