SUMMIT FINANCIAL GROUP, INC. financial data

Location
Moorefield, WV
Fiscal year end
31 December
Latest financial report
10-Q - Q1 2024 - 02 May 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 969% % -4.1%
Return On Equity 14% % -15%
Return On Assets 1% % -12%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14,686,738 shares 15%
Common Stock, Shares, Outstanding 14,686,738 shares 15%
Common Stock, Value, Issued $130,235,000 USD 43%
Weighted Average Number of Shares Outstanding, Basic 14,683,596 shares 15%
Weighted Average Number of Shares Outstanding, Diluted 14,750,052 shares 15%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $74,769,000 USD 6.8%
Income Tax Expense (Benefit) $16,584,000 USD 15%
Net Income (Loss) Attributable to Parent $58,185,000 USD 4.6%
Earnings Per Share, Basic 4 USD/shares -9.6%
Earnings Per Share, Diluted 4 USD/shares -9.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $55,656,000 USD -21%
Property, Plant and Equipment, Net $62,293,000 USD 14%
Goodwill $56,000,000 USD 1.3%
Assets $4,642,884,000 USD 17%
Liabilities $4,188,603,000 USD 16%
Accumulated Other Comprehensive Income (Loss), Net of Tax $7,249,000 USD 9.7%
Retained Earnings (Accumulated Deficit) $316,375,000 USD 16%
Stockholders' Equity Attributable to Parent $454,281,000 USD 23%
Liabilities and Equity $4,642,884,000 USD 17%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $19,363,000 USD 13%
Net Cash Provided by (Used in) Financing Activities $10,724,000 USD -126%
Net Cash Provided by (Used in) Investing Activities $5,215,000 USD 84%
Common Stock, Shares Authorized 20,000,000 shares 0%
Common Stock, Shares, Issued 14,686,738 shares 15%
Common Stock, Par or Stated Value Per Share 2.5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $3,424,000 USD -87%
Interest Paid, Excluding Capitalized Interest, Operating Activities $24,451,000 USD 57%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Depreciation $1,059,000 USD 22%
Payments to Acquire Property, Plant, and Equipment $684,000 USD -51%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $58,961,000 USD 21%
Deferred Income Tax Expense (Benefit) $432,000 USD
Preferred Stock, Shares Issued 1,500 shares 0%
Deferred Federal Income Tax Expense (Benefit) $381,000 USD
Current Income Tax Expense (Benefit) $16,152,000 USD 5.8%
Preferred Stock, Shares Authorized 250,000 shares 0%
Current State and Local Tax Expense (Benefit) $2,123,000 USD 16%
Current Federal Tax Expense (Benefit) $14,029,000 USD 4.4%
Amortization of Intangible Assets $3,979,000 USD 183%
Share-based Payment Arrangement, Expense $163,000 USD -17%
Deferred State and Local Income Tax Expense (Benefit) $51,000 USD
Interest Expense $95,292,000 USD 123%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%