SMMF's current price/earnings ratio is 9.3, which is higher than merely 13.6% of US stocks with positive earnings.
Equity multiplier, or assets relative to shareholders' equity, comes in at 10.32 for Summit Financial Group Inc; that's greater than it is for 92.87% of US stocks.
Summit Financial Group Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 17.27%, greater than the shareholder yield of 87.38% of stocks in our set.
Stocks that are quantitatively similar to SMMF, based on their financial statements, market capitalization, and price volatility, are FULT, PEBK, GNTY, CBAN, and BFST.
SMMF's SEC filings can be seen here. And to visit Summit Financial Group Inc's official web site, go to www.summitfgi.com.
Summit Financial Group, Inc. provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle and South Central regions of West Virginia, and the Northern region of Virginia. The company was founded in 1987 and is based in Moorefield, West Virginia.
Summit Financial Group’s (SMMF) subsidiary Summit Community Bank, has signed definitive merger agreement with WinFirst Financial Corp., pursuant to which Summit Community Bank will acquire all of the outstanding shares of common stock of WinFirst in exchange for cash.Summit Community Bank expects to consolidate WinFirst Bank, WinFirst’s wholly-owned subsidiary, with...
PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial, a prominent financial services firm for top independent and breakaway advisors, has appointed James Rabasca as Senior Tax Specialist in the Integrated Planning Group, further enhancing the firm’s in-house financial planning and tax teams. In his new role, Rabasca will report to the Integrated Planning Group’s Director, Brandon Smith, J.D., and will work to analyze, design and implement comprehensive financial and estate plans for high-net-wor
Q2 2020 Diluted EPS $0.54 compared to $0.35 for Q1 2020 and $0.68 for Q2 2019MOOREFIELD, W.V., July 30, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported second quarter 2020 net income of $6.95 million, or $0.54 per diluted share. In comparison, earnings for first quarter 2020 were $4.51 million, or $0.35 per diluted share, and for second quarter 2019 were $8.56 million, or $0.68 per diluted share. For the six months ended June 30, 2020, Summit recorded net income of $11.5 million, or $0.88 per diluted share, compared with $15.7 million, or $1.23 per diluted share, for the comparable 2019 six-month period, representing a decrease of 26.8 percent or 28.5 percent per diluted share. H. Charles Maddy, III, President and Chief Execut...
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