Summit Financial Group Reports First Quarter 2024 Earnings of $1.14 Per Share [Yahoo! Finance]
Summit Financial Group, Inc. (SMMF)
Last summit financial group, inc. earnings: 4/30 06:00 am
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Source: Yahoo! Finance
results for the first quarter of 2024, revealing a strong earnings performance marked by growth in loans. 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 $16.8 million, or $1.14 per diluted share, for the first quarter of 2024, as compared to $16.4 million, or $1.11 per diluted share, for the fourth quarter of 2023 and $13.9 million, or $1.08 per diluted share, for the first quarter of 2023. “We had a strong start to the year highlighted by solid earnings, a stable top quartile peer net interest margin, an enviable efficiency ratio and best-in-class return on tangible common equity” noted H. Charles Maddy, III,
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SMMF
News
- Burke & Herbert Financial Services Corp. Completes Merger of Equals with Summit Financial Group, Inc. [Yahoo! Finance]Yahoo! Finance
- Summit Financial Group, Inc. (NASDAQ: SMMF) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Summit Financial Group Reports First Quarter 2024 Earnings of $1.14 Per ShareGlobeNewswire
- Summit Financial Group, Inc. (NASDAQ: SMMF) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. Announce Receipt of Regulatory Approvals and Closing Date for Merger of Equals [Yahoo! Finance]Yahoo! Finance
SMMF
Earnings
- 4/25/24 - Beat
SMMF
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- SMMF's page on the SEC website