Earnings Summary

Summit Financial Group Inc’s revenue jumped 87.6% since last year same period to $72.3Mn in the Q4 2023. On a quarterly growth basis, Summit Financial Group Inc has generated 58.67% jump in its revenue since last 3-months.

Summit Financial Group Inc’s net profit jumped 10.02% since last year same period to $16.6Mn in the Q4 2023. On a quarterly growth basis, Summit Financial Group Inc has generated 1.62% jump in its net profits since last 3-months.

Summit Financial Group Inc’s net profit margin fell -41.36% since last year same period to 22.96% in the Q4 2023. On a quarterly growth basis, Summit Financial Group Inc has generated -35.95% fall in its net profit margins since last 3-months.

Summit Financial Group Inc’s price-to-earnings ratio after this Q4 2023 earnings stands at 7.14.

Summit Financial Group Inc’s earning per share (EPS) estimates for the current quarter stand at 1.07 - a -2.73% fall from last quarter’s estimates.

Summit Financial Group Inc’s earning per share (EPS) estimates for the current year stand at 1.07.

Summit Financial Group Inc’s earning per share (EPS) fell -8.62% since last year same period to 1.06 in the Q4 2023. This indicates that the Summit Financial Group Inc has generated -8.62% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Summit Financial Group Inc’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Summit Financial Group Inc’s return on equity (ROE) stands at 0.14.

Summit Financial Group Inc declared 0.22 dividend per share during the earnings announcement for Q4 2023.