Valuation: SUMMIT FINANCIAL

Market Cap 377M 326M 307M 279M 524M 36.01B 533M 3.59B 1.41B 18.07B 1.42B 1.39B 60.13B P/E 2022
6.1x
P/E 2023 8.06x
Enterprise Value 728M 630M 592M 538M 1.01B 69.49B 1.03B 6.93B 2.71B 34.87B 2.73B 2.67B 116B EV / Sales 2022
4.2x
EV / Sales 2023 4.85x
Free-Float
-
Yield 2022
3.05%
Yield 2023 2.74%
3 years 20.83
Extreme 20.83
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.
03/05/24 Issuer sale

EVP & Chief Banking Officer

1,234 0.0084%
03/05/24 Issuer sale

Director

38,782 0.2641%
03/05/24
Summit Financial Group, Inc. Employee Stock Ownership Plan
OthersCompany 16,552 0.1127%

Financials

2022 2023
Net sales 140M 121M 114M 104M 194M 13.38B 198M 1.33B 523M 6.71B 526M 515M 22.33B 165M 143M 134M 122M 229M 15.76B 233M 1.57B 616M 7.91B 620M 607M 26.32B
Net income 53.22M 46.01M 43.26M 39.33M 73.82M 5.08B 75.15M 507M 198M 2.55B 200M 195M 8.48B 55.24M 47.76M 44.91M 40.83M 76.63M 5.27B 78.01M 526M 206M 2.64B 207M 203M 8.8B
Net Debt 270M 234M 220M 200M 375M 25.8B 382M 2.57B 1.01B 12.95B 1.02B 993M 43.08B 351M 303M 285M 259M 487M 33.48B 496M 3.34B 1.31B 16.8B 1.32B 1.29B 55.9B
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