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Summit Financial Gp (SMMF)

Summit Financial Gp (SMMF)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Summit Financial Group, Inc. is a financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia, the Northern, Shenandoah Valley and Southwestern regions of Virginia and the central region of Kentucky, through its bank subsidiary, Summit Community Bank, Inc.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 263,420 176,900 142,620 135,090 126,270
Sales Growth +48.91% +24.04% +5.57% +6.99% +11.91%
Net Income 55,240 53,220 45,740 31,330 31,870
Net Income Growth +3.80% +16.35% +45.99% -1.69% +13.54%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 4,634,320 3,916,690 3,576,720 3,106,380 2,403,490
Total Assets Growth +18.32% +9.51% +15.14% +29.24% +9.22%
Total Liabilities 4,194,110 3,562,160 3,249,250 2,824,800 2,155,730
Total Liabilities Growth +17.74% +9.63% +15.03% +31.04% +8.83%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow 73,730 67,940 61,850 44,680 40,930
Operating Cash Flow Growth +8.52% +9.85% +38.43% +9.16% +6.26%
Net Cash Flow 7,520 -33,740 -21,330 37,900 2,350
Change in Net Cash Flow +122.29% -58.18% -156.28% +1,512.77% -65.99%
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