Logo image of SMMF

SUMMIT FINANCIAL GROUP INC (SMMF) Stock Price, Forecast & Analysis

USA - NASDAQ:SMMF - US86606G1013 - Common Stock

25.7 USD
-0.66 (-2.5%)
Last: 5/2/2024, 8:19:49 PM
25.7 USD
0 (0%)
After Hours: 5/2/2024, 8:19:49 PM

SMMF Key Statistics, Chart & Performance

Key Statistics
Market Cap377.53M
Revenue(TTM)177.44M
Net Income(TTM)54.34M
Shares14.69M
Float12.29M
52 Week High31.49
52 Week Low17.06
Yearly Dividend0.94
Dividend Yield3.42%
EPS(TTM)3.84
PE6.69
Fwd PE6.3
Earnings (Next)07-25 2024-07-25/amc
IPO1999-01-06
Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks


SMMF short term performance overview.The bars show the price performance of SMMF in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 -5 10 15

SMMF long term performance overview.The bars show the price performance of SMMF in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 10 20 30 40

The current stock price of SMMF is 25.7 USD. In the past month the price decreased by -0.89%. In the past year, price increased by 41.21%.

SUMMIT FINANCIAL GROUP INC / SMMF Daily stock chart

SMMF Latest News, Press Relases and Analysis

SMMF Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
TFC TRUIST FINANCIAL CORP 11.96 57.53B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP 17.71 36.95B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP 15.76 32.89B
BBT BEACON FINANCIAL CORP 10.8 32.20B
MTB M & T BANK CORP 11.52 28.92B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP 12.28 25.63B
HBAN HUNTINGTON BANCSHARES INC 11.01 22.97B
CFG CITIZENS FINANCIAL GROUP 14.51 22.35B
RF REGIONS FINANCIAL CORP 10.98 22.06B
VLYPN VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP 31.46 14.44B
EWBC EAST WEST BANCORP INC 11.32 14.14B
VLYPP VALLEY NATIONAL BANCORP - VLY 8.11311 PERP 30.79 14.13B

About SMMF

Company Profile

SMMF logo image Summit Financial Group, Inc. is a holding company, which engages in the provision of community banking and insurance services. The company is headquartered in Moorefield, West Virginia and currently employs 432 full-time employees. The company provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia, the Northern, Shenandoah Valley and Southwestern regions of Virginia and the Central region of Kentucky. The company provides its services through its community bank subsidiary, Summit Community Bank (Bank). The company provides a range of community banking services, including demand, savings, and time deposits; commercial, real estate and consumer loans; trust and wealth management services, and cash management services. Its loan portfolio in lending categories includes commercial, commercial real estate, construction and land development, residential real estate, consumer and mortgage warehouse lines of credit. The company offers a range of financial products and services to small and medium-sized businesses. The company also provides automobile loans and recreational vehicle loans. The company has over 44 full-service branch locations.

Company Info

SUMMIT FINANCIAL GROUP INC

300 N Main St

Moorefield WEST VIRGINIA 26836 US

CEO: H. Charles Maddy

Employees: 432

SMMF Company Website

Phone: 13045301000

SUMMIT FINANCIAL GROUP INC / SMMF FAQ

Can you describe the business of SUMMIT FINANCIAL GROUP INC?

Summit Financial Group, Inc. is a holding company, which engages in the provision of community banking and insurance services. The company is headquartered in Moorefield, West Virginia and currently employs 432 full-time employees. The company provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia, the Northern, Shenandoah Valley and Southwestern regions of Virginia and the Central region of Kentucky. The company provides its services through its community bank subsidiary, Summit Community Bank (Bank). The company provides a range of community banking services, including demand, savings, and time deposits; commercial, real estate and consumer loans; trust and wealth management services, and cash management services. Its loan portfolio in lending categories includes commercial, commercial real estate, construction and land development, residential real estate, consumer and mortgage warehouse lines of credit. The company offers a range of financial products and services to small and medium-sized businesses. The company also provides automobile loans and recreational vehicle loans. The company has over 44 full-service branch locations.


What is the stock price of SUMMIT FINANCIAL GROUP INC today?

The current stock price of SMMF is 25.7 USD. The price decreased by -2.5% in the last trading session.


What is the dividend status of SUMMIT FINANCIAL GROUP INC?

SUMMIT FINANCIAL GROUP INC (SMMF) has a dividend yield of 3.42%. The yearly dividend amount is currently 0.94.


What is the ChartMill rating of SUMMIT FINANCIAL GROUP INC stock?

SMMF has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


Can you provide the upcoming dividend date for SUMMIT FINANCIAL GROUP INC?

The next ex-dividend date for SUMMIT FINANCIAL GROUP INC (SMMF) is March 14, 2024.


Can you provide the growth outlook for SUMMIT FINANCIAL GROUP INC?

The Revenue of SUMMIT FINANCIAL GROUP INC (SMMF) is expected to grow by 1.35% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.


How many employees does SUMMIT FINANCIAL GROUP INC have?

SUMMIT FINANCIAL GROUP INC (SMMF) currently has 432 employees.


SMMF Technical Analysis

ChartMill assigns a technical rating of 3 / 10 to SMMF. When comparing the yearly performance of all stocks, SMMF is one of the better performing stocks in the market, outperforming 75.16% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

SMMF Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to SMMF. There are concerns on the financial health of SMMF while its profitability can be described as average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

SMMF Financial Highlights

Over the last trailing twelve months SMMF reported a non-GAAP Earnings per Share(EPS) of 3.84. The EPS decreased by -6.11% compared to the year before.


Industry RankSector Rank
PM (TTM) 30.62%
ROA 1.17%
ROE 12.34%
Debt/Equity 0.28
Chartmill High Growth Momentum
EPS Q2Q%-8.62%
Sales Q2Q%18.8%
EPS 1Y (TTM)-6.11%
Revenue 1Y (TTM)20.59%

SMMF Forecast & Estimates

6 analysts have analysed SMMF and the average price target is 30.6 USD. This implies a price increase of 19.07% is expected in the next year compared to the current price of 25.7.

For the next year, analysts expect an EPS growth of 6.25% and a revenue growth 1.35% for SMMF


Analysts
Analysts43.33
Price Target30.6 (19.07%)
EPS Next Y6.25%
Revenue Next Year1.35%

SMMF Ownership

Ownership
Inst Owners7.2%
Ins Owners3.58%
Short Float %N/A
Short RatioN/A