Summit Financial Group, Inc. financial data

Industry
State Commercial Banks
Location
300 North Main St, Moorefield, WV
State of incorporation
WV
Fiscal year end
December 31
Former names
SOUTH BRANCH VALLEY BANCORP INC (to 3/31/1999)
Latest financial report
10-Q - Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 969 % -4.1%
Return On Equity 13.5 % -15.1%
Return On Assets 1.26 % -11.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14.7M shares +14.9%
Common Stock, Shares, Outstanding 14.7M shares +14.9%
Entity Public Float 266M USD -13%
Common Stock, Value, Issued 130M USD +43.2%
Weighted Average Number of Shares Outstanding, Basic 14.7M shares +14.9%
Weighted Average Number of Shares Outstanding, Diluted 14.8M shares +15%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 74.8M USD +6.76%
Income Tax Expense (Benefit) 16.6M USD +15.1%
Net Income (Loss) Attributable to Parent 58.2M USD +4.6%
Earnings Per Share, Basic 3.88 USD/shares -9.56%
Earnings Per Share, Diluted 3.87 USD/shares -9.16%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 55.7M USD -21.4%
Property, Plant and Equipment, Net 62.3M USD +14.3%
Goodwill 56M USD +1.27%
Assets 4.64B USD +16.7%
Liabilities 4.19B USD +16.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.25M USD +9.67%
Retained Earnings (Accumulated Deficit) 316M USD +16.4%
Stockholders' Equity Attributable to Parent 454M USD +22.9%
Liabilities and Equity 4.64B USD +16.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 19.4M USD +12.7%
Net Cash Provided by (Used in) Financing Activities -10.7M USD -126%
Net Cash Provided by (Used in) Investing Activities -5.22M USD +84%
Common Stock, Shares Authorized 20M shares 0%
Common Stock, Shares, Issued 14.7M shares +14.9%
Common Stock, Par or Stated Value Per Share 2.5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3.42M USD -86.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 49.6M USD -74.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 24.5M USD +57.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 32.3M USD +8.58%
Depreciation 1.06M USD +21.9%
Payments to Acquire Property, Plant, and Equipment 684K USD -50.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 59M USD +21.1%
Lessee, Operating Lease, Liability, to be Paid 10.4M USD +58.2%
Property, Plant and Equipment, Gross 102M USD +13.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.27M USD +48.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.31M USD +50.8%
Deferred Income Tax Expense (Benefit) 432K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.44M USD +207%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.2M USD +50.3%
Preferred Stock, Shares Issued 1.5K shares 0%
Deferred Federal Income Tax Expense (Benefit) 381K USD
Current Income Tax Expense (Benefit) 16.2M USD +5.79%
Preferred Stock, Shares Authorized 250K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.07M USD +41.4%
Current State and Local Tax Expense (Benefit) 2.12M USD +15.7%
Current Federal Tax Expense (Benefit) 14M USD +4.44%
Amortization of Intangible Assets 3.98M USD +183%
Share-based Payment Arrangement, Expense 163K USD -16.8%
Deferred State and Local Income Tax Expense (Benefit) 51K USD
Interest Expense 95.3M USD +123%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%