Return On Assets of SUMMIT FINANCIAL GROUP, INC. from 31 Dec 2011 to 31 Mar 2024

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
SUMMIT FINANCIAL GROUP, INC. quarterly and annual Return On Assets in % history and change rate from 31 Dec 2011 to 31 Mar 2024.
  • SUMMIT FINANCIAL GROUP, INC. Return On Assets for the quarter ending 31 Mar 2024 was 1.3%, a 12% decline year-over-year.
  • SUMMIT FINANCIAL GROUP, INC. annual Return On Assets for 2023 was 1.2%, a 11% decline from 2022.
  • SUMMIT FINANCIAL GROUP, INC. annual Return On Assets for 2022 was 1.4%, a 3.7% increase from 2021.
  • SUMMIT FINANCIAL GROUP, INC. annual Return On Assets for 2021 was 1.3%, a 23% increase from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Change (%)
Return On Assets, Annual (%)
Return On Assets, YoY Annual Change (%)

SUMMIT FINANCIAL GROUP, INC. Quarterly Return On Assets (%)

Period Value YoY Chg Change % Start Date End Date
Q1 2024 1.3% -0.17% -12% 01 Jan 2024 31 Mar 2024
Q4 2023 1.2% -0.16% -11% 01 Oct 2023 31 Dec 2023
Q3 2023 1.3% 01 Jul 2023 30 Sep 2023
Q2 2023 1.3% 01 Apr 2023 30 Jun 2023
Q1 2023 1.4% 01 Jan 2023 31 Mar 2023
Q4 2022 1.4% 01 Oct 2022 31 Dec 2022
Q2 2012 0.42% 01 Apr 2012 30 Jun 2012
Q1 2012 0.41% 01 Jan 2012 31 Mar 2012
Q4 2011 0.28% 01 Oct 2011 31 Dec 2011

SUMMIT FINANCIAL GROUP, INC. Annual Return On Assets (%)

Period Value YoY Chg Change % Start Date End Date
2023 1.2% -0.16% -11% 01 Jan 2023 31 Dec 2023
2022 1.4% +0.05% +3.7% 01 Jan 2022 31 Dec 2022
2021 1.3% +0.25% +23% 01 Jan 2021 31 Dec 2021
2020 1.1% 01 Jan 2020 31 Dec 2020
2011 0.28% 01 Jan 2011 31 Dec 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.