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Summit Financial Group Inc (SMMF.OQ)

SMMF.OQ on NASDAQ Stock Exchange Capital Market

25.20USD
16 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Summit Financial Group Reports Q1 Earnings Per Share $0.60
Thursday, 26 Apr 2018 06:00am EDT 

April 26 (Reuters) - Summit Financial Group Inc ::SUMMIT FINANCIAL GROUP REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $0.60.QUARTERLY DIVIDEND PAID TO SHAREHOLDERS INCREASED 18.2 PERCENT TO $0.13 PER SHARE.FOR Q1 2018, NET INTEREST INCOME WAS $17.3 MILLION, AN INCREASE OF 26.6 PERCENT FROM THE PRIOR-YEAR FIRST QUARTER.TOTAL REVENUE FOR Q1 2018, CONSISTING OF NET INTEREST INCOME AND NONINTEREST INCOME, GREW 36.5 PERCENT TO $22.1 MILLION.  Full Article

Summit Financial Group Increases Dividend 18 Pct
Thursday, 22 Feb 2018 05:26pm EST 

Feb 22 (Reuters) - Summit Financial Group Inc ::SUMMIT FINANCIAL GROUP, INC. INCREASES DIVIDEND 18%.INCREASES QUARTERLY DIVIDEND BY 18 PERCENT TO $0.13PER SHARE.  Full Article

Summit Financial Group reports Q3 earnings per share $0.48
Thursday, 26 Oct 2017 06:00am EDT 

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

Summit Financial Group reports Q2 earnings per share $0.43
Thursday, 27 Jul 2017 06:00am EDT 

July 27 (Reuters) - Summit Financial Group Inc -:Summit Financial Group reports second quarter and first half 2017 results.Q2 earnings per share $0.43.Summit Financial Group Inc - total revenue for q2 2017 consisting of net interest income and noninterest income, grew 47.3 percent to $21.8 million.  Full Article

Summit Financial Group posts Q1 loss per share $0.15
Thursday, 27 Apr 2017 06:00am EDT 

April 27 (Reuters) - Summit Financial Group Inc :Summit Financial Group reports first quarter 2017 results.Q1 loss per share $0.15.Summit Financial Group Inc says for Q1 of 2017, net interest income was $13.6 million, an increase of 15.7 percent from $11.8 million reported in prior-year Q1.  Full Article

Summit Financial Group says announces resolution of litigation
Monday, 24 Apr 2017 04:30pm EDT 

April 24 (Reuters) - Summit Financial Group Inc :Summit Financial Group Inc announces resolution of litigation.Summit Financial Group Inc - reached settlement with Residential Funding Company, LLC and Rescap Liquidating Trust.Summit Financial Group Inc - settlement to resolve fully all litigation between summit and rescap.Summit Financial Group Inc - Summit agreed to pay Rescap $9.9 million which will be recorded as a charge against our q1 2017 earnings.Summit Financial Group Inc - settlement to result in an after-tax reduction in net income of $6.2 million, or $0.58 per diluted share.  Full Article

Summit Financial Group announces 10 pct increase in quarterly dividend
Friday, 24 Feb 2017 04:00pm EST 

Summit Financial Group Inc :Summit Financial Group Inc announces 10pct increase in quarterly dividend to $0.11 per share.  Full Article

First Century’s shareholders approve acquisition by Summit
Wednesday, 7 Dec 2016 11:36am EST 

Summit Financial Group Inc : First Century’s shareholders approve acquisition by Summit .Transaction is expected to close at beginning of Q2 2017.  Full Article

BRIEF-Summit Financial Group Reports Q1 Earnings Per Share $0.60

* QUARTERLY DIVIDEND PAID TO SHAREHOLDERS INCREASED 18.2 PERCENT TO $0.13 PER SHARE