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Summit Financial Group Inc (SMMF.OQ)

SMMF.OQ on NASDAQ Stock Exchange Capital Market

21.35USD
23 Jan 2019
Change (% chg)

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5,896
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$27.89
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$18.03

Latest Key Developments (Source: Significant Developments)

Summit Financial Group Increases Quarterly Dividend By 8%
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Summit Financial Group Inc ::SUMMIT FINANCIAL GROUP, INC. INCREASES DIVIDEND 8%.INCREASES QUARTERLY DIVIDEND BY 8 PERCENT TO $0.14PER SHARE.  Full Article

Summit Financial Group Reports Q2 Earnings Per Share Of $0.51
Thursday, 26 Jul 2018 

July 26 (Reuters) - Summit Financial Group Inc ::SUMMIT FINANCIAL GROUP REPORTS SECOND QUARTER AND FIRST HALF 2018 RESULTS.Q2 EARNINGS PER SHARE $0.51.SUMMIT FINANCIAL GROUP - FOR Q2 2018, NET INTEREST INCOME WAS $17.3 MILLION, DOWN 3.2 PERCENT FROM $17.8 MILLION REPORTED IN PRIOR-YEAR Q2.SUMMIT FINANCIAL GROUP - TOTAL REVENUE FOR Q2 2018, CONSISTING OF NET INTEREST INCOME AND NONINTEREST INCOME, DECLINED 1.6 PERCENT TO $21.4 MILLION.  Full Article

Summit Financial Group To Acquire Peoples Bankshares
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Summit Financial Group Inc ::SUMMIT FINANCIAL GROUP, INC. TO ACQUIRE PEOPLES BANKSHARES, INC. AND ITS WHOLLY-OWNED SUBSIDIARY, FIRST PEOPLES BANK, INC..SUMMIT FINANCIAL GROUP, INC. TO ACQUIRE PEOPLES BANKSHARES, INC. AND ITS WHOLLY-OWNED SUBSIDIARY, FIRST PEOPLES BANK, INC..SUMMIT FINANCIAL GROUP INC - DEAL FOR TRANSACTION VALUE OF APPROXIMATELY $25.5 MILLION.SUMMIT FINANCIAL GROUP INC - WILL ACQUIRE ALL OF OUTSTANDING SHARES OF COMMON STOCK OF PEOPLES IN EXCHANGE FOR CASH IN AMOUNT OF $47.00 PER SHARE.SUMMIT FINANCIAL GROUP INC - TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY EACH CO'S BOARD OF DIRECTORS AND IS EXPECTED TO CLOSE EARLY IN 2019.SUMMIT FINANCIAL GROUP INC - DEAL FOR $47.00 PER SHARE CASH OR 1.7193 SHARES OF SUMMIT COMMON STOCK.  Full Article

Summit Financial Group reports Q3 earnings per share $0.48
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Summit Financial Group Inc :Summit Financial Group reports third quarter 2017 results.Q3 earnings per share $0.48.Q3 revenue rose 43.6 percent.Summit Financial Group - ‍For Q3 of 2017, net interest income was $17.2 million, an increase of 43.2 percent from $12.0 million reported in prior-year Q3​.Summit Financial Group Inc - ‍Total revenue for Q3 2017, consisting of net interest income and noninterest income, grew 43.6 percent to $21.2 million​.‍Tangible book value per common share increased to $13.88 at September 30, 2017​.  Full Article