Summit Financial Group, Inc.

NasdaqGS:SMMF Stock Report

Mkt Cap: US$250.7m

Summit Financial Group Financial Health

Financial Health criteria checks 6/6

Summit Financial Group has total assets of $4.0B and total equity of $369.5M. Total deposits are $3.3B, and total loans are $3.1B. It earns a Net Interest Margin of 3.7%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $105.6M.

Key information

10.8x

Asset to equity ratio

3.7%

Net interest margin

Total depositsUS$3.30b
Loan to deposit ratio

Appropriate

Bad loans0.2%
Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalentsUS$105.57m

Recent financial health updates

No updates

Recent updates

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

Aug 29
Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend Will Be Larger Than Last Year's

Summit Financial raises dividend by 11% to $0.20

Aug 25

Summit Financial Q2 GAAP EPS, revenue up Y/Y

Jul 28

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

Jun 03
Summit Financial Group (NASDAQ:SMMF) Will Pay A Dividend Of US$0.18

Summit Financials: Reasonably Priced With Acquisition Upside

Jan 19

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

Nov 23
Summit Financial Group (NASDAQ:SMMF) Will Pay A Larger Dividend Than Last Year At US$0.18

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

Sep 02
Summit Financial Group's (NASDAQ:SMMF) Shareholders Will Receive A Bigger Dividend Than Last Year

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
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

May 07
If You Like EPS Growth Then Check Out Summit Financial Group (NASDAQ:SMMF) Before It's Too Late

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

Apr 02
How Does Summit Financial Group, Inc. (NASDAQ:SMMF) Stand Up To These Simple Dividend Safety Checks?

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

Mar 07
Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend

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

Feb 22
Shareholders Of Summit Financial Group (NASDAQ:SMMF) Must Be Happy With Their 87% Return

Summit Financial reports Q4 results

Feb 01

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

Jan 26
Is Summit Financial Group, Inc. (NASDAQ:SMMF) Popular Amongst Insiders?

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

Dec 30
What Can We Conclude About Summit Financial Group's (NASDAQ:SMMF) CEO Pay?

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

Dec 09
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)

Dec 06
Independent Director Gary Hinkle Just Bought 1.2% More Shares In Summit Financial Group, Inc. (NASDAQ:SMMF)

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SMMF's Assets to Equity ratio (10.8x) is moderate.

Allowance for Bad Loans: SMMF has a sufficient allowance for bad loans (559%).

Low Risk Liabilities: 91% of SMMF's liabilities are made up of primarily low risk sources of funding.

Loan Level: SMMF has an appropriate level of Loans to Assets ratio (77%).

Low Risk Deposits: SMMF's Loans to Deposits ratio (93%) is appropriate.

Level of Bad Loans: SMMF has an appropriate level of bad loans (0.2%).


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