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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) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Sales 70,600 72,320 69,960 66,290 54,860
Sales Growth -2.38% +3.37% +5.54% +20.83% +4.10%
Net Income 17,050 16,600 16,330 8,210 14,100
Net Income Growth +2.71% +1.65% +98.90% -41.77% -6.56%
(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Total Assets 4,634,320 4,604,210 4,552,270 3,977,410 3,916,690
Total Assets Growth +0.65% +1.14% +14.45% +1.55% +0.76%
Total Liabilities 4,194,110 4,187,760 4,139,100 3,607,860 3,562,160
Total Liabilities Growth +0.15% +1.18% +14.72% +1.28% +0.47%
(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Operating Cash Flow 73,730 54,710 31,880 17,180 67,940
Operating Cash Flow Growth +34.77% +71.61% +85.56% -74.71% +34.88%
Net Cash Flow 7,520 14,840 18,530 26,100 -33,740
Change in Net Cash Flow -49.33% -19.91% -29.00% +177.36% -2.83%
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