Summit Financial Group, Inc. (West Virginia)

  • Market Cap: Micro Cap
  • Industry: Regional Banks
  • ISIN: US86606G1013
USD
25.70
-0.66 (-2.5%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

278.19 k

Shareholding (Mar 2024)

FII

2.38%

Held by 25 FIIs

DII

80.05%

Held by 17 DIIs

Promoter

0.42%

How big is Summit Financial Group, Inc. (West Virginia)?

22-Jun-2025

As of May 02, Summit Financial Group, Inc. (West Virginia) has a market capitalization of 378.13 million and total assets of 4,634.32 million, with shareholder's funds at 440.21 million.

Market Cap: As of May 02, Summit Financial Group, Inc. (West Virginia) has a market capitalization of 378.13 million, classified as Micro Cap.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of interest earned is 257.59 million, while the sum of net profit is 58.19 million.<BR><BR>Balance Sheet Snapshot: As of December 2023, the shareholder's funds amount to 440.21 million, and total assets are reported at 4,634.32 million.

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What does Summit Financial Group, Inc. (West Virginia) do?

22-Jun-2025

Summit Financial Group, Inc. is a financial holding company offering community banking services in West Virginia and Virginia, with a recent net sales of $66 million and a net profit of $17 million. It operates as a micro-cap company with a market cap of $378.13 million.

Overview:<BR>Summit Financial Group, Inc. (West Virginia) is a financial holding company that provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley and Southwestern regions of Virginia, operating within the Regional Banks industry and classified as a Micro Cap.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 66 Million (Quarterly Results - Mar 2024) <BR>Most recent Net Profit: 17 Million (Quarterly Results - Mar 2024) <BR>Market cap: USD 378.13 Million (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 6.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 13.87% <BR>Price to Book: 0.83 <BR><BR>Contact Details:<BR>Address: 300 N Main St, MOOREFIELD WV : 26836-1055 <BR>Tel: ['1 304 5301000', '1 304 5300526'] <BR>Website: http://www.summitfgi.com

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Should I buy, sell or hold Summit Financial Group, Inc. (West Virginia)?

22-Jun-2025

Who are in the management team of Summit Financial Group, Inc. (West Virginia)?

22-Jun-2025

As of March 2022, the management team of Summit Financial Group, Inc. includes Mr. Oscar Bean (Independent Chairman), Mr. H. Charles Maddy (President and CEO), and several independent directors: Mr. Ronald Bowling, Dr. Dewey Bensenhaver, Mr. J. Scott Bridgeforth, Mr. James Cookman, and Mr. John Crites. They oversee the company's operations and strategic direction.

As of March 2022, the management team of Summit Financial Group, Inc. (West Virginia) includes the following individuals:<BR><BR>- Mr. Oscar Bean, Independent Chairman of the Board<BR>- Mr. H. Charles Maddy, President, Chief Executive Officer, Director<BR>- Mr. Ronald Bowling, Director<BR>- Dr. Dewey Bensenhaver, Independent Director<BR>- Mr. J. Scott Bridgeforth, Independent Director<BR>- Mr. James Cookman, Independent Director<BR>- Mr. John Crites, Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

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iScoreScore
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Strong Sell
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Strong Buy

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Dashboard
1

Strong lending practices with low Gross NPA ratio of 0.57%

 
2

Healthy long term growth as Net profit has grown by an annual rate of 17.71%

 
3

The company has declared Positive results for the last 16 consecutive quarters

4

With ROE of 13.9, it has a fair valuation with a 0.8 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Regional Banks

stock-summary
Market cap

USD 378 Million (Micro Cap)

stock-summary
P/E

6.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

13.87%

stock-summary
Price to Book

0.83

Revenue and Profits:
Net Sales:
66 Million
(Quarterly Results - Mar 2024)
Net Profit:
17 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-9.09%
0%
-9.09%
6 Months
19.04%
0%
19.04%
1 Year
37.58%
0%
37.58%
2 Years
-6.0%
0%
-6.0%
3 Years
-1.34%
0%
-1.34%
4 Years
50.56%
0%
50.56%
5 Years
-1.72%
0%
-1.72%

Summit Financial Group, Inc. (West Virginia) for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Icon
No Recent News for the Company
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
21.23%
EBIT Growth (5y)
14.71%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
28.05%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
6
Industry P/E
Price to Book Value
0.83
EV to EBIT
9.19
EV to EBITDA
8.25
EV to Capital Employed
0.90
EV to Sales
2.52
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
9.75%
ROE (Latest)
13.87%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 24 Schemes (17.15%)

Foreign Institutions

Held by 25 Foreign Institutions (2.38%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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stock-summaryCompany CV
About Summit Financial Group, Inc. (West Virginia) stock-summary
stock-summary
Summit Financial Group, Inc. (West Virginia)
Regional Banks
Summit Financial Group Inc. is a financial holding company. The Company provide community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley and Southwestern regions of Virginia. It provides its services through its community bank subsidiary, Summit Community Bank (the Bank). The Bank operates through approximately 43 banking locations. Its loan portfolio includes commercial, commercial real estate, construction and land development, residential real estate, consumer and mortgage warehouse lines of credit. It offers various deposit products, such as noninterest bearing demand deposit, interest bearing demand deposit, savings deposit and time deposits. The bank also offers trust and wealth management services and cash management services.
Company Coordinates stock-summary
Company Details
300 N Main St , MOOREFIELD WV : 26836-1055
stock-summary
Tel: 1 304 53010001 304 5300526
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Registrar Details