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Stock impact report

CORRECTION: Summit Financial Group Reports Earnings of $1.11 Per Share for Fourth Quarter 2023 [Yahoo! Finance]

Summit Financial Group, Inc. (SMMF) 
Last summit financial group, inc. earnings: 4/30 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Group, Inc. (NASDAQ: SMMF), please note that in the Annual Performance Summary (unaudited) table, cash dividends per common share for the year ended 12/31/2023 have been corrected to $0.84. The corrected release follows: Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ: SMMF) today reported financial results for the fourth quarter of 2023, highlighting robust core operating performance marked by continued notable strength in its net interest margin. The Company's continued success underscores its position as an exceptional community bank, reflecting a sound strategy and solid operational execution. The Company, which serves commercial and individual clients across West Virginia, the Washington D.C. metropolitan area, Virginia, Kentucky, the Eastern Shore of Maryland and Delaware through Summit Community Bank, Inc., reported net income applicable to common shares of $16.4 million, or $1.11 per diluted share, for the fourth quarter of 2023, as compared to $16.1 million, Show less Read more
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