Source: Financial Modeling Prep · peers by sector/industry
Insider activity (SEC Form 4)
No recent Form 4 filings on EDGAR — either no insider transactions reported recently or this isn't a SEC-registered issuer.
Valuation
Trading at 6.0× earnings vs its 6.7× historical median P/E.
Fair value ≈ $28.80 · price $25.70 today
Undervalued · 11% below
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Fair-value line = the stock's median historical P/E × earnings. Price below the orange line = cheap vs its own history; above = expensive. Not investment advice.
$SMMF Summit Financial Group, Inc. (SMMF): A Diversified Community Bank Delivering Consistent Performance https://beyondspx.com/article/summit-financial-group-inc-smmf-a-diversified-community-bank-delivering-consistent-performance
$SMMF Summit Financial Group, Inc. (SMMF): A Diversified Community Bank Delivering Consistent Performance http://beyondspx.com/2024/08/05/summit-financial-group-inc-smmf-a-diversified-community-bank-delivering-consistent-performance/
$SMMF Summit Financial Group reports Q1 EPS $1.14 vs. $1.08 last year
Reports no Q1 provision for credit losses vs. $1.50M in the linked quarter. NIM for Q1 was 3.75% vs. 3.76% for the linked quarter and 3.83% for the prior-year quarter. Recorded Q1 net loan recoveries of $93K vs. net loan recoveries of $188K in 4Q23 and $63K in the year-ago period. Tangible book value per common share was $24.91 from $23.89 at previous quarter end.
"We had a strong start to the year highlighted by solid earnings, a stable top quartile peer net interest margin, an enviable efficiency ratio and best-in-class return on tangible common equity" noted CEO H. Charles Maddy, III. "Now as we look forward to the consummation of our strategic partnership with Burke & Herbert, which brings together two organizations dedicated to a community banking model that places an emphasis on service and dedication to the people who live and work among us, I could not be more excited by the combined organization's prospects for robust growth and for enhancing shareholder value."
$SMMF Summit Financial Group Reports First Quarter 2024 Earnings of $1.14 Per Share
https://www.stocktitan.net/news/SMMF/summit-financial-group-reports-first-quarter-2024-earnings-of-1-14-fe0l8jnepwai.html
$SMMF $BHRB Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. Announce Receipt of Regulatory Approvals and Closing Date for Merger of Equals
https://www.stocktitan.net/news/SMMF/burke-amp-herbert-financial-services-corp-and-summit-financial-group-44gp7si9i28u.html
$SMMF Summit Financial Group, Inc. Announces Q1 2024 Common Dividend of $0.22 Per Share
https://www.stocktitan.net/news/SMMF/summit-financial-group-inc-announces-q1-2024-common-dividend-of-0-22-l1k1jps1uxxd.html
From 2/5/2024, looking back across 22 Month-Ends for SMMF, Percentage Change of Average Monthly Price had Equal (50%) while Percentage Change of Average Monthly Volume had All Positives (100%) $SMMF #SMMF #SMMFStock #TickerDD #SMMFPrice https://www.youtube.com/watch?v=ESLfTyMsv2E
$SMMF Summit Financial Group reports Q4 EPS $1.11 vs. $1.16 last year
Net interest margin decreased 12 basis points to 3.76 percent from the linked quarter. For the year 2023, NIM increased 11 basis points. "We are extremely pleased by our core performance both for fourth quarter and for the year 2023," stated H. Charles Maddy III, President and CEO of Summit Financial Group, "highlighted by solid loan growth, a stable top quartile peer net interest margin, an enviable efficiency ratio and best-in-class return on tangible common equity." Maddy continued, "Looking ahead as we prepare for our strategic merger with Burke & Herbert, we remain committed to enhancing shareholder value, driven by our foundational strengths and synergistic growth plans. With our dedicated team, resilient strategies and community trust, we are optimistic and geared up for the opportunities and challenges ahead."
$SMMF The BULL MARKET continues to give us opportunities like this 78% gain on $GMBL. Access profitable alert signals before the BEAR MARKET comes.
Discord link in my profile > @goodness1
$PRTYQ for my prty brethren:
$BHRB is merging with $SMMF EARLY Q1. Deal terms are SMMF gets .5043 shares of BHRB at closing. $BHRB is currently trading at $57.70. Check out where SMMF is.
$ASTS Hero or Zero. ASTS is launching 5 satellites in ‘24 that will enable you to receive 5g phone calls on the very phone you now have in your pocket. Their most pressing challenge is they need funding and have announced they expect to announce a deal by end of the year. If they announce that, stock likely rockets. If they do not, stock will very likely plummet (unless they state funding is confirmed for early q1.
I’m long both with substantial positions. Do your own DD.
Merry Christmas, you filthy animals!!
