Financial Snapshot

Revenue
$14.04M
TTM
Gross Margin
Net Earnings
$57.74M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q1 2024
Total Liabilities
Q1 2024
Book Value
$454.3M
Q1 2024
Cash
Q1 2024
P/E
6.538
May 02, 2024 EST
Free Cash Flow
$69.53M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

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Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

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Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

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Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

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Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

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Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

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Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

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Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $377.45 Million

About 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.

Industry: State Commercial Banks Peers: AMERICAN NATIONAL BANKSHARES INC. Farmers & Merchants Bancorp Inc Southern First Bancshares Inc MVB Financial Corp Peoples Financial Services Corp PNC Financial Services Group Inc Shore Bancshares Inc WEST BANCORPORATION INC