Valuation: SUMMIT FINANCIAL

Market Cap 377M 330M 303M 283M 536M 35.94B 544M 3.64B 1.42B 17.67B 1.42B 1.39B 60.87B P/E 2022
6.1x
P/E 2023 8.06x
Enterprise Value 728M 637M 585M 545M 1.03B 69.35B 1.05B 7.02B 2.73B 34.09B 2.73B 2.68B 117B EV / Sales 2022
4.2x
EV / Sales 2023 4.85x
Free-Float
-
Yield 2022
3.05%
Yield 2023 2.74%
3 years 19.67
Extreme 19.67
31.49
5 years 17.06
Extreme 17.06
31.49
10 years 13.48
Extreme 13.48
31.49
Date Insider Type Main position Quantity % Market Cap.
02/05/24Issuer sale

Director

547,405 3.7280%
02/05/24
Summit Financial Group, Inc. Employee Stock Ownership Plan
OthersCompany 10,969 0.0747%
02/05/24Issuer sale

Controller/Auditor

24,437 0.1664%

Financials

2022 2023
Net sales 140M 123M 113M 105M 199M 13.35B 202M 1.35B 526M 6.56B 526M 515M 22.61B 165M 144M 133M 124M 235M 15.73B 238M 1.59B 619M 7.73B 620M 607M 26.64B
Net income 53.22M 46.52M 42.75M 39.85M 75.59M 5.07B 76.73M 513M 200M 2.49B 200M 195M 8.58B 55.24M 48.29M 44.38M 41.37M 78.46M 5.26B 79.65M 533M 207M 2.59B 207M 203M 8.91B
Net Debt 270M 236M 217M 202M 384M 25.75B 390M 2.61B 1.01B 12.66B 1.01B 993M 43.61B 351M 307M 282M 263M 498M 33.41B 506M 3.38B 1.32B 16.42B 1.32B 1.29B 56.59B
Logo SUMMIT FINANCIAL
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.
Employees
496
Sector
-
  1. Stock Market
  2. Stocks
  3. SMMF Stock