SUMMIT FINANCIAL GROUP, INC. Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Summit Financial Group, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Summit Financial Group, Inc. Income Tax Expense (Benefit) for the quarter ending March 31, 2024 was $5M, a 39.7% increase year-over-year.
  • Summit Financial Group, Inc. Income Tax Expense (Benefit) for the twelve months ending March 31, 2024 was $16.6M, a 15.1% increase year-over-year.
  • Summit Financial Group, Inc. annual Income Tax Expense (Benefit) for 2023 was $15.2M, a 7.59% increase from 2022.
  • Summit Financial Group, Inc. annual Income Tax Expense (Benefit) for 2022 was $14.1M, a 20.8% increase from 2021.
  • Summit Financial Group, Inc. annual Income Tax Expense (Benefit) for 2021 was $11.7M, a 57% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $15.2M +$1.07M +7.59% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-12
2022 $14.1M +$2.43M +20.8% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-12
2021 $11.7M +$4.24M +57% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-12
2020 $7.43M -$289K -3.75% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-10
2019 $7.72M +$693K +9.87% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-04
2018 $7.02M -$2.64M -27.3% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-11
2017 $9.66M +$1.66M +20.7% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-06
2016 $8.01M +$1.12M +16.2% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $6.89M +$2.22M +47.3% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-02
2014 $4.68M +$1.99M +74% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-28
2013 $2.69M +$1.47M +121% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-26
2012 $1.22M +$184K +17.8% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $1.04M +$3.99M Jan 1, 2011 Dec 31, 2011 10-K 2014-03-07
2010 -$2.96M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.