| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
SMMF Stock Overview
Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc.
Summit Financial Group, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$27.22 |
| 52 Week High | US$30.83 |
| 52 Week Low | US$24.18 |
| Beta | 0.38 |
| 1 Month Change | -6.33% |
| 3 Month Change | -1.05% |
| 1 Year Change | 11.88% |
| 3 Year Change | 6.62% |
| 5 Year Change | 1.45% |
| Change since IPO | 437.68% |
Recent News & Updates
Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend Will Be Larger Than Last Year's
Summit Financial Group, Inc.'s ( NASDAQ:SMMF ) periodic dividend will be increasing on the 30th of September to $0.20...
Summit Financial raises dividend by 11% to $0.20
Summit Financial (NASDAQ:SMMF) declares $0.20/share quarterly dividend, 11.1% increase from prior dividend of $0.18. Forward yield 2.72% Payable Sept. 30; for shareholders of record Sept. 15; ex-div Sept. 14. See SMMF Dividend Scorecard, Yield Chart, & Dividend Growth.
Shareholder Returns
| SMMF | US Banks | US Market | |
|---|---|---|---|
| 7D | -3.1% | -8.5% | -6.9% |
| 1Y | 11.9% | -24.9% | -23.7% |
Return vs Industry: SMMF exceeded the US Banks industry which returned -24.9% over the past year.
Return vs Market: SMMF exceeded the US Market which returned -23.7% over the past year.
Price Volatility
| SMMF volatility | |
|---|---|
| SMMF Average Weekly Movement | 2.8% |
| Banks Industry Average Movement | 3.4% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: SMMF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SMMF's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 439 | Charlie Maddy | https://www.summitfgi.com |
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. The company’s 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. As of December 31, 2021, it operated through 45 banking offices.
Summit Financial Group, Inc. Fundamentals Summary
| SMMF fundamental statistics | |
|---|---|
| Market Cap | US$347.49m |
| Earnings (TTM) | US$47.63m |
| Revenue (TTM) | US$130.86m |
7.3x
P/E Ratio1.1x
P/B RatioIs SMMF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SMMF income statement (TTM) | |
|---|---|
| Revenue | US$130.86m |
| Cost of Revenue | US$0 |
| Gross Profit | US$130.86m |
| Other Expenses | US$83.23m |
| Earnings | US$47.63m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.73 |
| Gross Margin | 100.00% |
| Net Profit Margin | 36.39% |
| Debt/Equity Ratio | 124.2% |
How did SMMF perform over the long term?
See historical performance and comparison