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Summit Financial Group: Q1 Earnings Insights

Summit Financial Group: Q1 Earnings Insights
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

United statesWest virginiaCompany overviewSummit financial group incSummit financial groupFinancial group incEastern panhandleNorth centralShenandoah valleyஒன்றுபட்டது மாநிலங்களில்மேற்கு வர்ஜீனியாநிறுவனம் ஓவர்‌வ்யூஉச்சிமாநாடு நிதி குழு இன்க்உச்சிமாநாடு நிதி குழுநிதி குழு இன்க்கிழக்கு பண்ன்லே

Summit Financial: Q1 Earnings Snapshot

Summit Financial: Q1 Earnings Snapshot
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

Zacks investment researchSummit financial group incSummit financial groupWest virginia basedAutomated insightsZacks investmentஜாக்கக்ஸ் முதலீடு ஆராய்ச்சிஉச்சிமாநாடு நிதி குழு இன்க்உச்சிமாநாடு நிதி குழுமேற்கு வர்ஜீனியா அடிப்படையிலானதுதானியங்கி நுண்ணறிவுஜாக்கக்ஸ் முதலீடு

Deal Ticker: Yokohama Tire Corporation Expands Distribution Network in DFW

Deal Ticker: Yokohama Tire Corporation Expands Distribution Network in DFW Plus: Richardson s Office of Strategic Initiatives is moving into the city s innovative quarter; Gulf Relay leases massive South Dallas industrial space, and more. Share your top deals by emailing Real Estate Editor Bianca R. Montes at [email protected]. Yokohama Tire Corporation will expand its distribution network in the U.S. at Intermodal III Industrial Park. Duke Realty Corporation’s Dallas office secured a long-term lease for the company for the 431,630-square-foot facility in Wilmer, about 15 miles southeast of Dallas. This will be Yokohama’s fourth location centrally located to meet its customers’ needs in the Southwest.

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Summit Financial Group, Inc Announces Q1 Dividend of $0 17 Per Share

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Summit Financial Group, Inc. Announces Q1 Dividend of $0.17 Per Share Summit Financial Group, Inc.February 25, 2021 GMT MOOREFIELD, W.Va., Feb. 25, 2021 (GLOBE NEWSWIRE) Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a first quarter 2021 dividend of $0.17 per share payable on March 31, 2021 to common shareholders of record as of the close of business on March 15, 2021. Summit Financial Group, Inc. is a $3.11 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia, the Northern, Shenandoah Valley and Southwestern regions of Virginia and the Central region of Kentucky, through its bank subsidiary, Summit Community Bank, Inc., which operates forty-three banking locatio

United statesWest virginiaTeresa elySummit community bank incSummit financial group incFinancial groupEastern panhandleNorth centralShenandoah valleySummit community bankஒன்றுபட்டது மாநிலங்களில்மேற்கு வர்ஜீனியாஉச்சிமாநாடு சமூக வங்கி இன்க்உச்சிமாநாடு நிதி குழு இன்க்நிதி குழுகிழக்கு பண்ன்லே

citybizlist : Washington DC : Summit Financial Group Reports Record Quarterly EPS and Net Income

2/1/21 Summit Financial Group, Inc. (NASDAQ: SMMF) today reported fourth quarter 2020 net income of $10.3 million, or $0.79 per diluted share, both representing a quarterly record. In comparison, earnings for third quarter 2020 were $9.62 million, or $0.74 per diluted share, and for fourth quarter 2019 were $8.15 million, or $0.65 per diluted share. For the full year 2020, Summit recorded net income of $31.3 million, or $2.41 per diluted share, compared with $31.9 million, or $2.53 per diluted share, for 2019, representing a decrease of 1.7 percent or 4.7 percent per diluted share. The principal factor negatively impacting our earnings this past year was the $13.0 million increase in our provision for credit losses ($9.84 million after taxes, or $0.76 per diluted share) compared to 2019. Recently adopted loan loss accounting rules now require us to record all estimated future losses in our loan portfolio, and this contributed significantly to our credit loss provision for 2020 a

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