Company Summit Financial Group, Inc.

SMMF

US86606G1013

Banks

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

Ratings for Summit Financial Group, Inc.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
27.45 ^USD	+0.15%		+0.92%	-10.56%

Apr. 25	Summit Financial Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 25	Earnings Flash (SMMF) SUMMIT FINANCIAL GROUP Reports Q1 EPS $1.14	MT

Summit Financial Group, Inc. is the financial holding company for Summit Community Bank, Inc (the Bank). The Company provides a range of banking and other financial services to individuals and businesses. It has a trust and wealth management division offering trust services and other non-bank financial products within its community bank's market area. It provides a range of community banking services, including demand, savings and time deposits; commercial, real estate and consumer loans; trust and wealth management services, and cash management services. Under its commercial banking, it is focused on offering a broad line of financial products and services to small and medium-sized businesses through full service banking offices. Its bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, Kentucky, Eastern Shore of Maryland and Delaware. The Bank operates approximately 54 banking offices.

Number of employees: 496

USD in Million	2022	Weight	2023	Weight	Delta
Banking and Related Activities 100.0 %	147	100.0 %	177	100.0 %	+20.60%

USD in Million	2022	Weight	2023	Weight	Delta
United States 100.0 %	147	100.0 %	177	100.0 %	+20.60%

Managers	Title	Age	Since
Charlie Maddy CEO	Chief Executive Officer	61	92-12-31
Robert Tissue DFI	Director of Finance/CFO	60	97-12-31
Scott Jennings COO	Chief Operating Officer	62	98-12-31
Teresa D. Ely IRC	Investor Relations Contact	-	00-09-30
Danyl R. Freeman HRO	Human Resources Officer	53	19-04-30
Patricia Owens PRN	Corporate Officer/Principal	60	19-04-30
Brad Ritchie PRN	Corporate Officer/Principal	56	11-12-31
Patrick Frye PRN	Corporate Officer/Principal	65	99-12-31
Julie R. Markwood AUD	Comptroller/Controller/Auditor	-	-

Members of the board	Title	Age	Since
Oscar M. Bean CHM	Chairman	73	86-12-31
James Geary BRD	Director/Board Member	68	06-12-31
Charles S. Piccirillo BRD	Director/Board Member	69	97-12-31
James M. Cookman BRD	Director/Board Member	70	93-12-31
Gary L. Hinkle BRD	Director/Board Member	74	92-12-31
Charlie Maddy CEO	Chief Executive Officer	61	92-12-31
Georgette R. George BRD	Director/Board Member	63	10-02-10
Ronald L. Bowling BRD	Director/Board Member	70	19-12-31
Jason A. Kitzmiller BRD	Director/Board Member	50	18-07-23
Ronald B. Spencer BRD	Director/Board Member	71	19-12-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	0	1,500	0	0	83.37 %
Stock B	1	14,686,738	12,244,808 ( 83.37 %)	0

Name	Equities	%	Valuation
BlackRock Advisors LLC 5.743 %	843,317	5.743 %	23 M $
Castle Creek Capital LLC 4.765 %	699,745	4.765 %	19 M $
Dimensional Fund Advisors LP 4.518 %	663,348	4.518 %	18 M $
Vanguard Fiduciary Trust Co. 3.875 %	569,002	3.875 %	15 M $
Gary L. Hinkle 3.582 %	526,000	3.582 %	14 M $
Georgette R. George 1.739 %	255,297	1.739 %	7 M $
Geode Capital Management LLC 1.702 %	249,931	1.702 %	7 M $
Fourthstone LLC 1.599 %	234,721	1.599 %	6 M $
SUMMIT FINANCIAL GROUP, INC. 1.494 %	219,386	1.494 %	6 M $
STATE STREET CORPORATION 1.479 %	217,182	1.479 %	6 M $

Name	Equities	%	Valuation
Jason A. Kitzmiller 3.333 %	50	3.333 %	1 358 $
Ronald L. Bowling 0.6667 %	10	0.6667 %	272 $
Charles S. Piccirillo 0.6667 %	10	0.6667 %	272 $

Name	Equities	%	Valuation
MICROSOFT CORPORATION 0.00%	27,951	0.00%	11,759,545 $
SPDR S&P 500 ETF TRUST 0.00%	21,086	0.00%	11,029,454 $
ELI LILLY AND COMPANY 0.00%	10,534	0.00%	8,195,031 $
PROCTER & GAMBLE COMPANY 0.00%	42,590	0.00%	6,910,228 $
SUMMIT FINANCIAL GROUP, INC. 1.49%	219,386	1.49%	5,958,524 $
JOHNSON & JOHNSON 0.00%	36,635	0.00%	5,795,291 $
EXXON MOBIL CORPORATION 0.00%	48,160	0.00%	5,598,118 $
CSX CORPORATION 0.01%	127,024	0.01%	4,708,780 $
APPLE INC. 0.00%	24,984	0.00%	4,284,256 $
THE HOME DEPOT, INC. 0.00%	8,314	0.00%	3,189,250 $

Summit Financial Group, Inc. (West Virginia)

300 North Main Street

26836, Moorefield

http://www.summitfgi.com

address Summit Financial Group, Inc.(SMMF)

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

27.45 USD

Average target price

30 USD

Spread / Average Target

+9.29%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Banking Services

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