SMMF RSI Chart
Last 7 days
3.2%
Last 30 days
-4.6%
Last 90 days
-14.5%
Trailing 12 Months
11.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 176.3M | 201.6M | 223.9M | 242.5M |
2022 | 125.5M | 131.2M | 142.7M | 158.7M |
2021 | 117.1M | 119.1M | 120.8M | 122.4M |
2020 | 108.8M | 109.9M | 111.9M | 115.0M |
2019 | 98.4M | 101.9M | 105.3M | 107.1M |
2018 | 89.8M | 90.9M | 92.7M | 95.4M |
2017 | 66.6M | 73.5M | 79.7M | 84.5M |
2016 | 59.3M | 59.9M | 61.3M | 64.1M |
2015 | 58.3M | 58.6M | 58.4M | 58.9M |
2014 | 56.8M | 56.8M | 57.5M | 57.6M |
2013 | 61.7M | 59.7M | 58.1M | 57.3M |
2012 | 69.6M | 67.8M | 65.8M | 63.9M |
2011 | 77.2M | 75.1M | 73.2M | 71.0M |
2010 | 0 | 86.2M | 83.0M | 79.7M |
2009 | 0 | 0 | 0 | 89.5M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Dec 22, 2023 | frye patrick | gifted | - | - | -1,500 | sr. vp & chief of credit admin |
Sep 14, 2023 | hinkle gary l | bought | 81,043 | 24.07 | 3,367 | - |
Sep 13, 2023 | hinkle gary l | bought | 259,182 | 24.2 | 10,710 | - |
Sep 12, 2023 | hinkle gary l | bought | 2,996 | 24.1661 | 124 | - |
Aug 29, 2023 | upson jill s | bought | 45,895 | 24.8082 | 1,850 | - |
May 04, 2023 | jennings scott c | bought | 18,167 | 18.1677 | 1,000 | evp & coo |
May 02, 2023 | bean oscar m | bought | 4,489 | 18.5529 | 242 | - |
May 01, 2023 | hager joseph | bought | 58,860 | 19.62 | 3,000 | evp & chief risk officer |
Apr 14, 2023 | frye patrick | acquired | - | - | 1,330 | sr. vp & chief of credit admin |
Apr 14, 2023 | maddy h charles iii | acquired | - | - | 1,677 | president & ceo |
Which funds bought or sold SMMF recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | unchanged | - | 24,809 | 93,420 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 0.98 | 4,761,670 | 17,462,700 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 98.85 | 763,160 | 1,210,110 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.41 | 44,779 | 170,575 | -% |
Feb 26, 2024 | Virtu Financial LLC | new | - | 384,000 | 384,000 | 0.03% |
Feb 15, 2024 | Legal & General Group Plc | unchanged | - | 7,237 | 27,253 | -% |
Feb 15, 2024 | BARCLAYS PLC | new | - | 978,000 | 978,000 | -% |
Feb 14, 2024 | Jentner Corp | added | 0.88 | 89,659 | 329,691 | 0.13% |
Feb 14, 2024 | EJF Capital LLC | added | 19.03 | 1,740,140 | 4,543,870 | 2.38% |
Feb 14, 2024 | LPL Financial LLC | reduced | -4.35 | 110,821 | 477,290 | -% |
Unveiling Summit Financial Group Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Summit Financial Group Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 574.7B | 171.1B | 11.6 | 3.36 | ||||
BAC | 297.7B | 130.3B | 11.23 | 2.29 | ||||
WFC | 206.2B | 85.7B | 10.77 | 2.41 | ||||
C | 120.0B | 133.3B | 13 | 0.9 | ||||
CFG | 16.4B | 10.2B | 10.23 | 1.61 | ||||
KEY | 14.6B | 7.9B | 15.11 | 1.84 | ||||
MID-CAP | ||||||||
CMA | 7.2B | 4.2B | 8.16 | 1.72 | ||||
ZION | 6.4B | 3.9B | 9.4 | 1.62 | ||||
ABCB | 3.3B | 1.3B | 12.35 | 2.6 | ||||
ASB | 3.2B | 2.0B | 17.55 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 509.4M | 120.2M | 19.47 | 4.24 | ||||
ALRS | 428.7M | 164.9M | 36.65 | 2.6 | ||||
AROW | 411.8M | 162.6M | 13.69 | 2.53 | ||||
ACNB | 313.8M | 96.6M | 9.9 | 3.25 | ||||
ASRV | 46.8M | 60.9M | -13.99 | 0.77 |
Summit Financial Group Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.8% | 67.00 | 65.00 | 61.00 | 50.00 | 48.00 | 42.00 | 36.00 | 33.00 | 32.00 | 31.00 | 30.00 | 30.00 | 30.00 | 29.00 | 28.00 | 28.00 | 27.00 | 27.00 | 27.00 | 26.00 | 25.00 |
EBITDA Margin | -6.7% | 0.93* | 0.99* | 1.05* | 1.18* | 1.26* | 1.34* | 1.39* | 1.40* | 1.40* | 1.37* | 1.33* | 1.28* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -100.0% | - | 41.00 | 40.00 | 34.00 | 34.00 | 34.00 | 31.00 | 30.00 | 29.00 | 28.00 | 27.00 | 26.00 | 26.00 | 25.00 | 23.00 | 21.00 | 20.00 | 19.00 | 19.00 | 19.00 | 18.00 |
Income Taxes | -4.2% | 5.00 | 5.00 | 2.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 3.00 | 2.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Earnings Before Taxes | 0.3% | 21.00 | 21.00 | 10.00 | 18.00 | 19.00 | 18.00 | 15.00 | 15.00 | 15.00 | 15.00 | 13.00 | 13.00 | 12.00 | 12.00 | 8.00 | 6.00 | 11.00 | 10.00 | 10.00 | 9.00 | 9.00 |
EBT Margin | -4.6% | 0.29* | 0.30* | 0.32* | 0.40* | 0.42* | 0.45* | 0.46* | 0.47* | 0.47* | 0.45* | 0.43* | 0.40* | - | - | - | - | - | - | - | - | - |
Net Income | 1.6% | 17.00 | 16.00 | 8.00 | 14.00 | 15.00 | 14.00 | 12.00 | 12.00 | 13.00 | 12.00 | 11.00 | 10.00 | 10.00 | 10.00 | 7.00 | 5.00 | 8.00 | 8.00 | 9.00 | 7.00 | 7.00 |
Net Income Margin | -5.1% | 0.23* | 0.24* | 0.26* | 0.32* | 0.34* | 0.36* | 0.37* | 0.37* | 0.37* | 0.36* | 0.34* | 0.32* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -13.1% | 17.00 | 20.00 | 13.00 | 16.00 | 17.00 | 20.00 | 14.00 | 15.00 | 17.00 | 14.00 | 12.00 | 14.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.7% | 4,634 | 4,604 | 4,552 | 568 | 3,917 | 3,887 | 3,763 | 3,644 | 3,577 | 3,509 | 3,273 | 3,248 | 3,106 | 2,947 | 2,861 | 2,513 | 2,403 | 2,324 | 2,299 | 2,250 | 2,201 |
Cash Equivalents | -12.3% | 52.00 | 60.00 | 63.00 | 71.00 | 45.00 | 46.00 | 50.00 | 61.00 | 78.00 | 211 | 195 | 177 | 6.00 | 109 | 43.00 | 41.00 | 2.00 | 53.00 | 56.00 | 58.00 | 60.00 |
Net PPE | 0.5% | 63.00 | 63.00 | 61.00 | 54.00 | 54.00 | 55.00 | 55.00 | 56.00 | 56.00 | 57.00 | 53.00 | 53.00 | 53.00 | 53.00 | 52.00 | 47.00 | 44.00 | 44.00 | 43.00 | 38.00 | 38.00 |
Liabilities | 0.2% | 4,194 | 4,188 | 4,139 | 528 | 3,562 | 3,546 | 3,429 | 3,313 | 3,249 | 3,186 | 2,957 | 2,955 | 2,825 | 2,675 | 2,598 | 2,257 | 2,156 | 2,081 | 2,063 | 2,016 | 1,981 |
Short Term Borrowings | 17.4% | 303 | 258 | 232 | 140 | 226 | 0.00 | 291 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 91.00 | 0.00 | 199 | 0.00 | 225 | 186 | 309 |
Shareholder's Equity | 5.7% | 440 | 416 | 413 | 370 | 355 | 342 | 334 | 330 | 327 | 323 | 315 | 293 | 282 | 272 | 263 | 256 | 248 | 242 | 236 | 234 | 220 |
Retained Earnings | 4.5% | 303 | 290 | 277 | 272 | 260 | 248 | 236 | 227 | 218 | 208 | 198 | 190 | 182 | 174 | 166 | 161 | 166 | 160 | 153 | 147 | 141 |
Shares Outstanding | 0.1% | 15.00 | 15.00 | 15.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | - | 305 | - | - | - | 247 | - | - | - | 182 | - | - | - | 291 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -16.7% | 19,023 | 22,829 | 14,699 | 17,178 | 17,578 | 20,993 | 14,537 | 14,836 | 17,501 | 15,661 | 13,166 | 15,518 | 17,081 | 12,908 | 5,390 | 9,302 | 11,438 | 10,883 | 7,380 | 11,226 | 10,426 |
Share Based Compensation | -52.1% | 105 | 219 | 219 | 196 | 155 | 145 | 155 | 169 | 198 | 196 | 126 | 126 | 125 | 79.00 | 161 | 162 | 160 | 149 | 149 | 132 | 99.00 |
Cashflow From Investing | 59.3% | -27,951 | -68,674 | -26,240 | -32,553 | -30,567 | -136,865 | -142,512 | -94,884 | -203,520 | -60,150 | -11,862 | -66,215 | -38,501 | -23,418 | -143,423 | 52,879 | -74,091 | -27,652 | -48,569 | 72,742 | -55,939 |
Cashflow From Financing | -96.2% | 1,603 | 42,159 | 3,968 | 41,474 | 12,055 | 111,922 | 116,319 | 62,847 | 53,368 | 60,609 | 17,088 | 127,507 | 12,221 | 76,706 | 139,369 | -82,615 | 71,871 | 12,964 | 39,710 | -85,554 | 51,219 |
Dividend Payments | 334.1% | 11,274 | -4,816 | 2,934 | 2,557 | 2,552 | 2,552 | 2,295 | 2,294 | 2,289 | 2,332 | 2,201 | 2,200 | 2,196 | 2,195 | 2,194 | 2,201 | 1,857 | 1,856 | 1,873 | 1,775 | 1,724 |
Buy Backs | - | - | - | - | - | - | - | - | - | 6,710 | - | - | - | - | - | 162 | 1,282 | - | 1,453 | 6,076 | 2,876 | 1,689 |
Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Loans, including fees | |||
Taxable, Loans, including fees | $ 217,615 | $ 145,188 | $ 112,268 |
Tax-exempt, Loans, including fees | 240 | 176 | 362 |
Securities | |||
Taxable, Securities | 18,412 | 8,442 | 5,884 |
Tax-exempt, Securities | 5,549 | 4,610 | 3,586 |
Interest on interest bearing deposits with other banks | 732 | 331 | 315 |
Total interest income | 242,548 | 158,747 | 122,415 |
Interest expense | |||
Deposits | 73,191 | 20,683 | 8,181 |
Short-term borrowings | 6,816 | 3,786 | 1,768 |
Long-term borrowings and subordinated debentures | 5,972 | 5,292 | 2,534 |
Total interest expense | 85,979 | 29,761 | 12,483 |
Net interest income | 156,569 | 128,986 | 109,932 |
Provision for credit losses | 12,250 | 6,950 | 4,000 |
Net interest income after provision for credit losses | 144,319 | 122,036 | 105,932 |
Noninterest income | |||
Revenue from contracts with customers | 18,264 | 15,905 | 14,440 |
Mortgage origination revenue | 577 | 1,480 | 3,999 |
Net realized (losses)/gains on debt securities | (266) | (708) | 425 |
Net gains on equity investments | 740 | 265 | 202 |
Bank owned life insurance and annuities income | 1,576 | 1,211 | 1,026 |
Other | 537 | 516 | 742 |
Total noninterest income | 20,876 | 18,153 | 20,208 |
Noninterest expenses | |||
Salaries, commissions and employee benefits | 46,296 | 40,452 | 34,386 |
Net occupancy expense | 5,851 | 5,128 | 4,824 |
Equipment expense | 9,094 | 7,253 | 6,990 |
Professional fees | 1,775 | 1,628 | 1,578 |
Advertising and public relations | 1,113 | 893 | 697 |
Amortization of intangibles | 3,335 | 1,440 | 1,563 |
FDIC premiums | 2,458 | 1,224 | 1,449 |
Bank card expense | 3,429 | 2,928 | 2,668 |
Foreclosed properties expense, net of (gains)/losses | 89 | 236 | 1,745 |
Acquisition-related expenses | 6,444 | 114 | 1,224 |
Other | 14,909 | 11,583 | 11,615 |
Total noninterest expenses | 94,793 | 72,879 | 68,739 |
Income before income tax expense | 70,402 | 67,310 | 57,401 |
Income tax expense | 15,163 | 14,094 | 11,663 |
Net income | 55,239 | 53,216 | 45,738 |
Preferred stock dividends | 900 | 900 | 589 |
Net income applicable to common shares | $ 54,339 | $ 52,316 | $ 45,149 |
Basic earnings per common share (in dollars per share) | $ 3.82 | $ 4.1 | $ 3.49 |
Diluted earnings per common share (in dollars per share) | $ 3.81 | $ 4.08 | $ 3.47 |
Fiduciary and Trust [Member] | |||
Noninterest income | |||
Revenue from contracts with customers | $ 3,436 | $ 2,978 | $ 2,886 |
Deposit Account [Member] | |||
Noninterest income | |||
Revenue from contracts with customers | 6,977 | 6,150 | 5,032 |
Credit and Debit Card [Member] | |||
Noninterest income | |||
Revenue from contracts with customers | $ 7,299 | $ 6,261 | $ 5,896 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and due from banks | $ 21,834 | $ 16,469 |
Interest bearing deposits with other banks | 30,398 | 28,248 |
Cash and cash equivalents | 52,232 | 44,717 |
Debt securities available for sale (at fair value) | 502,762 | 405,201 |
Debt securities held to maturity (at amortized cost; estimated fair value - $88,319 - 2023, $86,627 - 2022) | 94,227 | 96,163 |
Less: allowance for credit losses | 0 | 0 |
Debt securities held to maturity, net | 94,227 | 96,163 |
Equity investments (at fair value) | 10,958 | 29,494 |
Other investments | 21,130 | 16,029 |
Loans net of unearned fees | 3,681,612 | 3,082,818 |
Less: allowance for credit losses | (48,090) | (38,899) |
Loans, net | 3,633,522 | 3,043,919 |
Property held for sale | 3,729 | 5,067 |
Premises and equipment, net | 63,038 | 53,981 |
Accrued interest and fees receivable | 20,004 | 15,866 |
Goodwill and other intangible assets, net | 74,430 | 62,150 |
Cash surrender value of life insurance policies and annuities | 85,679 | 71,640 |
Derivative financial instruments | 33,145 | 40,506 |
Other assets | 39,466 | 31,959 |
Total assets | 4,634,322 | 3,916,692 |
Deposits | ||
Non-interest bearing | 593,576 | 553,616 |
Interest bearing | 3,121,572 | 2,616,263 |
Total deposits | 3,715,148 | 3,169,879 |
Short-term borrowings | 302,957 | 225,999 |
Long-term borrowings | 637 | 658 |
Subordinated debentures, net | 103,782 | 103,296 |
Subordinated debentures owed to unconsolidated subsidiary trusts | 19,589 | 19,589 |
Other liabilities | 52,001 | 42,741 |
Total liabilities | 4,194,114 | 3,562,162 |
Commitments and Contingencies | ||
Shareholders' Equity | ||
Preferred stock, $1.00 par value, authorized 250,000 shares; issued: 2023 and 2022 - 1,500 shares | 14,920 | 14,920 |
Common stock and related surplus, $2.50 par value; authorized 20,000,000 shares; issued and oustanding: 2023 - 14,683,457 shares, 2022 - 12,783,646 shares | 129,990 | 90,696 |
Retained earnings | 302,783 | 260,393 |
Accumulated other comprehensive loss | (7,485) | (11,479) |
Total shareholders' equity | 440,208 | 354,530 |
Total liabilities and shareholders' equity | $ 4,634,322 | $ 3,916,692 |