Summit Financial Group, Inc. (NASDAQ:SMMF) declared quarterly dividend of $ 0.17 per share, or $ 0.68 annualized.
The dividend will be payable on September 30, 2020, to stockholders of record on September 15, 2020, with an ex-dividend date of September 14, 2020.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Summit Financial Group, Inc.
Recent Earnings Announcement
Summit Financial Group, Inc. outlined income for the second quarter of $ 0.54 per share, from the revenue of $ 26.66 million. The quarterly earnings lowered 20.59 percent while revenues up 38.13 percent compared with the same quarter last year.
Wall street analysts are predicting, SMMF to report 2Q20 income of $ 0.27 per share from revenue of $ 22.46 million. The bottom line results beat street analysts by $ 0.27 or 100.00 percent, at the same time, top line results outshined analysts by $ 4.20 million or 18.70 percent.
Stock Performance
Shares of Summit Financial Group, Inc. traded up $ 0.11 or 0.73 percent on Friday, reaching $ 15.14 with volume of 9.00 thousand shares. Summit Financial Group, Inc. has traded high as $ 15.40 and has cracked $ 14.85 on the downward trend
The closing price of $ 15.14, representing a 11.50 % increase from the 52 week low of $ 13.48 and a 45.99 % decrease over the 52 week high of $ 27.83.
The company has a market capital of $ 196.47 million and is part of the Financial Services sector and Banks – Regional – US industry.
Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle and Southern regions of West Virginia and the Northern, and Shenandoah Valley and Southwestern regions of Virginia.
