Summit Financial Group Future Growth

Future criteria checks 2/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Summit Financial Group.

Key information

6.3%

Earnings growth rate

-1.9%

EPS growth rate

Banks earnings growth	1.1%
Revenue growth rate	14.7%
Future return on equity	n/a
Analyst coverage	Low
Last updated	01 May 2023

Recent future growth updates

Recent updates

Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend Will Be Larger Than Last Year's

Aug 29

Summit Financial Group (NASDAQ:SMMF) Will Pay A Larger Dividend Than Last Year At US$0.18

Nov 23

Summit Financial Group's (NASDAQ:SMMF) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 02

Summit Financial declares $0.17 dividend

May 28

Some Shareholders May find It Hard To Increase Summit Financial Group, Inc.'s (NASDAQ:SMMF) CEO Compensation This Year

May 14

If You Like EPS Growth Then Check Out Summit Financial Group (NASDAQ:SMMF) Before It's Too Late

May 07

How Does Summit Financial Group, Inc. (NASDAQ:SMMF) Stand Up To These Simple Dividend Safety Checks?

Apr 02

Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend

Mar 07

Shareholders Of Summit Financial Group (NASDAQ:SMMF) Must Be Happy With Their 87% Return

Feb 22

Summit Financial reports Q4 results

Feb 01

Is Summit Financial Group, Inc. (NASDAQ:SMMF) Popular Amongst Insiders?

Jan 26

What Can We Conclude About Summit Financial Group's (NASDAQ:SMMF) CEO Pay?

Dec 30

Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend

Dec 09

Independent Director Gary Hinkle Just Bought 1.2% More Shares In Summit Financial Group, Inc. (NASDAQ:SMMF)

Dec 06

Earnings and Revenue Growth Forecasts

NasdaqGS:SMMF - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2024	190	60	N/A	N/A	1
12/31/2023	174	51	N/A	N/A	1
3/31/2020	93	29	28	39	N/A
12/31/2019	95	32	32	41	N/A
9/30/2019	93	31	31	40	N/A
6/30/2019	91	30	30	39	N/A
3/31/2019	86	28	35	39	N/A
12/31/2018	85	28	33	39	N/A
9/30/2018	84	23	32	37	N/A
6/30/2018	84	22	34	39	N/A
3/31/2018	85	21	23	28	N/A
12/31/2017	79	12	18	24	N/A
9/30/2017	75	14	16	22	N/A
6/30/2017	69	13	12	18	N/A
3/31/2017	62	12	19	24	N/A
12/31/2016	60	17	N/A	23	N/A
9/30/2016	58	17	N/A	21	N/A
6/30/2016	57	16	N/A	20	N/A
3/31/2016	57	16	N/A	22	N/A
12/31/2015	57	16	N/A	24	N/A
9/30/2015	56	15	N/A	26	N/A
6/30/2015	56	14	N/A	26	N/A
3/31/2015	54	13	N/A	26	N/A
12/31/2014	51	11	N/A	26	N/A
9/30/2014	49	10	N/A	26	N/A
6/30/2014	47	9	N/A	29	N/A
3/31/2014	46	8	N/A	28	N/A
12/31/2013	46	7	N/A	28	N/A
9/30/2013	44	7	N/A	26	N/A
6/30/2013	44	5	N/A	24	N/A
3/31/2013	45	5	N/A	24	N/A
12/31/2012	44	5	N/A	22	N/A
9/30/2012	44	4	N/A	20	N/A
6/30/2012	42	5	N/A	20	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SMMF's forecast earnings growth (6.3% per year) is above the savings rate (2.1%).

Earnings vs Market: SMMF's earnings (6.3% per year) are forecast to grow slower than the US market (15.7% per year).

High Growth Earnings: SMMF's earnings are forecast to grow, but not significantly.

Revenue vs Market: SMMF's revenue (14.7% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: SMMF's revenue (14.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SMMF's Return on Equity is forecast to be high in 3 years time

Discover growth companies

High growth companies in the Banks industry.

Summit Financial Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 29% to US$22.00

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2022 earnings released: EPS: US$1.11 (vs US$0.93 in 3Q 2021)

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 12%

Recent updates

Summit Financial Group, Inc. Declares Dividend for the Second Quarter 2023, Payable on June 30, 2023

Executive VP & Chief Risk Officer recently bought US$59k worth of stock

Price target decreased by 29% to US$22.00

Independent Director recently bought US$199k worth of stock

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of US$0.20 per share at 3.2% yield

Summit Financial Group, Inc. Reports Unaudited Net Charge-Offs for the Fourth Quarter Ended December 31, 2022

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Summit Financial Group, Inc. (NasdaqGS:SMMF) signed a definitive merger agreement to acquire PSB Holding Corp. (OTCPK:PSBP) for $51 million.

Summit Financial Group, Inc. (NasdaqGS:SMMF) signed a definitive merger agreement to acquire PSB Holding Corp. (OTCPK:PSBP) for $51 million.

Upcoming dividend of US$0.20 per share

Summit Financial Group, Inc. Declares Dividend for Fourth Quarter 2022, Payable on December 30, 2022

Summit Financial Group, Inc. Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2022

Third quarter 2022 earnings released: EPS: US$1.11 (vs US$0.93 in 3Q 2021)

Upcoming dividend of US$0.20 per share

Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend Will Be Larger Than Last Year's

Summit Financial Group, Inc. Increases Quarterly Dividend for the Third Quarter of 2022, Payable on September 30, 2022

Summit Financial raises dividend by 11% to $0.20

Summit Financial Group, Inc. Announces Net Loan Charge Offs for the Quarter Ended June 30, 2022

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Summit Financial Q2 GAAP EPS, revenue up Y/Y

Upcoming dividend of US$0.18 per share

Summit Financial Group (NASDAQ:SMMF) Will Pay A Dividend Of US$0.18

Summit Financial Group, Inc. Declares Second Quarter 2022 Dividend, Payable on June 30, 2022

Consensus EPS estimates increase by 12%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Summit Financial Group, Inc., Annual General Meeting, May 19, 2022

Upcoming dividend of US$0.18 per share

Full year 2021 earnings: EPS exceeds analyst expectations

Summit Financial Group, Inc. Declares First Quarter 2022 Dividend, Payable on March 31, 2022

Consensus EPS estimates increase by 16%

Price target increased to US$29.50

Full year 2021 earnings: EPS exceeds analyst expectations

Summit Financials: Reasonably Priced With Acquisition Upside

Upcoming dividend of US$0.18 per share

Summit Financial Group (NASDAQ:SMMF) Will Pay A Larger Dividend Than Last Year At US$0.18

Third quarter 2021 earnings released

Insider exercised options to buy US$94k worth of stock.

Summit Financial Group's (NASDAQ:SMMF) Shareholders Will Receive A Bigger Dividend Than Last Year

Second quarter 2021 earnings released: EPS US$0.81 (vs US$0.54 in 2Q 2020)

Upcoming dividend of US$0.17 per share

Summit Financial Group, Inc. Declares a Second Quarter 2021 Dividend Payable on June 30, 2021

Summit Financial declares $0.17 dividend

Some Shareholders May find It Hard To Increase Summit Financial Group, Inc.'s (NASDAQ:SMMF) CEO Compensation This Year

If You Like EPS Growth Then Check Out Summit Financial Group (NASDAQ:SMMF) Before It's Too Late

First quarter 2021 earnings released: EPS US$0.80 (vs US$0.35 in 1Q 2020)

How Does Summit Financial Group, Inc. (NASDAQ:SMMF) Stand Up To These Simple Dividend Safety Checks?

Full year 2020 earnings released: EPS US$2.42 (vs US$2.55 in FY 2019)

Revenue and earnings beat expectations

Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend

New 90-day high: US$24.09

Shareholders Of Summit Financial Group (NASDAQ:SMMF) Must Be Happy With Their 87% Return

Analysts increase EPS estimates to US$2.94

Price target lowered to US$22.75

Full year 2020 earnings released: EPS US$2.42 (vs US$2.55 in FY 2019)

Revenue and earnings beat expectations

Summit Financial reports Q4 results

Is Summit Financial Group, Inc. (NASDAQ:SMMF) Popular Amongst Insiders?

New 90-day high: US$23.51

What Can We Conclude About Summit Financial Group's (NASDAQ:SMMF) CEO Pay?

New 90-day high: US$22.50

Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend

Independent Director Gary Hinkle Just Bought 1.2% More Shares In Summit Financial Group, Inc. (NASDAQ:SMMF)

Independent Director recently bought US$105k worth of stock

Market bids up stock over the past week

New 90-day high: US$19.60

Third quarter 2020 earnings released: EPS US$0.74

Revenue and earnings beat expectations