SMMF(Delisted)
Summit FinancialยทNASDAQ
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About SMMF
Summit Financial Group, Inc.
The financial holding company for Summit Community Bank
300 N. Main Street
, Moorefield
, West Virginia 26836
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Summit Financial Group, Inc., headquartered in Muirfield, West Virginia, is a $4.6 billion financial holding company established on March 5, 1987. The company supports community banking services primarily in the Eastern Begging and South-Central regions of West Virginia and Northern Virginia. The company provides these services through its Community Bank affiliate, Summit Community Bank, which also operates Summit Insurance Services in Moorfield, West Virginia and Leesburg, Virginia. Summit Financial Group provides a wide range of community banking services, including delivery, savings and term savings; commercial, real estate and consumer loans; letter of credit and absorption management services. Summit Community deposits are insured by the Federal Deposit Insurance Corporation. The main loans that the company focuses on are commercial loans, which are based on the annual sales of local businesses and fluctuate between US $300,000 and US $3 million to provide real estate loans for personal use.
Company Financials
EPS
SMMF has released its 2024 Q1 earnings. EPS was reported at 1.14, versus the expected 1.07, beating expectations. The chart below visualizes how SMMF has performed over recent quarters, highlighting trends in earnings surprises.
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