SMMF

Summit Financial Group Inc

Halal Rating :
Uncomfortable
See Details
Last Price $25.84 Last updated:
Market Cap $377.45m
7D Change 0.0%
1 Year Change 0.0%

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Banking
  • State Commercial Banks – Fed Reserve System
Exchange Nasdaq
Next Earnings Date

Summit Financial Group, Inc. 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. As of December 31, 2021, it operated through 45 banking offices.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2024 $45.0m $25.6m $39.92m $25.6m 88.72% 100.00%
Dec. 31, 2023 $47.04m $25.72m $40.79m $25.72m 86.72% 100.00%
Sept. 30, 2023 $46.42m $23.42m $41.27m $23.42m 88.90% 100.00%

Company Impact

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Justification for our Halal Rating

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