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Summit Financial Group Inc (SMMF.OQ)

SMMF.OQ on NASDAQ Stock Exchange Capital Market

26.50USD
17 Nov 2017
Change (% chg)

$0.26 (+0.99%)
Prev Close
$26.24
Open
$26.06
Day's High
$26.61
Day's Low
$25.67
Volume
7,879
Avg. Vol
9,119
52-wk High
$30.06
52-wk Low
$19.14

Latest Key Developments (Source: Significant Developments)

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

Summit Financial Group says merger provides First Century to pay termination fee of $1.3 mln
Friday, 3 Jun 2016 04:58pm EDT 

Summit Financial Group Inc - :Merger agreement provides that First Century will pay a fee of $1.3 million to co if co terminates merger.  Full Article

Summit Financial Group to acquire First Century Bankshares
Wednesday, 1 Jun 2016 05:30pm EDT 

Summit Financial Group, Inc. : Says aggregate consideration in transaction is approximately $42.8 million . Deal for $22.50 per share . Deal for $42.8 million .Owned subsidiary, First Century Bank, Inc..  Full Article

BRIEF-Summit Financial Group reports Q3 earnings per share $0.48

* 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​