SMMF
Price:
$25.7
Market Cap:
$377.45M
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, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia, and the Central region of Kentucky. The company's community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insuran...[Read more]
Industry
Banks - Regional
IPO Date
2000-01-07
Stock Exchange
NASDAQ
Ticker
SMMF
According to Summit Financial Group, Inc.’s latest financial reports and current stock price. The company's current ROE is 13.90%. This represents a change of 313.99% compared to the average of 3.36% of the last 4 quarters.
The mean historical ROE of Summit Financial Group, Inc. over the last ten years is 11.52%. The current 13.90% ROE has changed 20.72% with respect to the historical average. Over the past ten years (40 quarters), SMMF's ROE was at its highest in in the December 2022 quarter at 4.26%. The ROE was at its lowest in in the March 2017 quarter at -1.05%.
Average
11.52%
Median
11.88%
Minimum
5.91%
Maximum
15.01%
Discovering the peaks and valleys of Summit Financial Group, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 115.96%
Maximum Annual ROE = 15.01%
Minimum Annual Increase = -46.89%
Minimum Annual ROE = 5.91%
| Year | ROE | Change |
|---|---|---|
| 2023 | 12.55% | -16.40% |
| 2022 | 15.01% | 7.47% |
| 2021 | 13.97% | 25.54% |
| 2020 | 11.13% | -13.50% |
| 2019 | 12.86% | 0.72% |
| 2018 | 12.77% | 115.96% |
| 2017 | 5.91% | -46.89% |
| 2016 | 11.13% | -0.61% |
| 2015 | 11.20% | 29.86% |
| 2014 | 8.63% | 18.76% |
The current ROE of Summit Financial Group, Inc. (SMMF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.84%
5-year avg
13.10%
10-year avg
11.52%
Summit Financial Group, Inc.’s ROE is less than Southern States Bancshares, Inc. (13.84%), less than CapStar Financial Holdings, Inc. (8.33%), less than Merchants Bancorp (11.19%), less than First Republic Bank (9.99%), greater than Silvergate Capital Corporation (-84.80%), less than Central Valley Community Bancorp (4.33%), less than Luther Burbank Corporation (11.87%), greater than Summit Healthcare Acquisition Corp. (-0.60%),
| Company | ROE | Market cap |
|---|---|---|
| 13.84% | $361.07M | |
| 8.33% | $418.56M | |
| 11.19% | $1.59B | |
| 9.99% | $653.63M | |
| -84.80% | $315.09M | |
| 4.33% | $235.33M | |
| 11.87% | $466.80M | |
| -0.60% | $334.75M |
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