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Summit Financial Group, Inc.

As of May 3, 2024, Summit Financial Group, Inc. was acquired by Burke & Herbert Financial Services Corp. Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia, and the Central region of Kentucky. Its community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance services. Summit Financial Group, Inc. was incorporated in 1987 and is headquartered in Moorefield, West Virginia.

Market Cap

$377.4M

Volume

31.1K

Cash and Equivalents

$23.7M

EBITDA

N/A

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$173.1M

Profit Margin

N/A

52 Week High

$31.49

52 Week Low

$17.06

Dividend

N/A

Price / Book Value

0.86

Price / Earnings

6.61

Price / Tangible Book Value

1.03

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

$87.8M

Return on Equity

14.13%

Return on Assets

1.35

Cash and Short Term Investments

$92.5M

Debt

$386.5M

Equity

$454.3M

Revenue

$173.1M

Unlevered FCF

N/A

Sector

Banks

Category

N/A

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