Summit Financial Group, Inc. (NASDAQ:SMMF) issued its earnings results on Monday. The company reported $0.39 earnings per share for the quarter, MarketBeat.Com reports.

Summit Financial Group (NASDAQ:SMMF) opened at 11.31 on Monday. Summit Financial Group has a one year low of $11.01 and a one year high of $13.09. The company’s 50-day moving average is $11.49 and its 200-day moving average is $11.65. The firm has a market capitalization of $122.68 million and a P/E ratio of 7.83.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 31st. Investors of record on Tuesday, December 15th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, December 11th. This represents a $0.32 dividend on an annualized basis and a yield of 2.83%.

Summit Financial Group, Inc. is a financial holding company. The Company provides these services through the community bank subsidiary, Summit Community Bank (NASDAQ:SMMF), which has a total of 15 banking offices located in West Virginia and Virginia. It also operates Summit Insurance Services, LLC in Moorefield, West Virginia and Leesburg, Virginia, which offers both commercial and personal lines of insurance specializing in group health, life and disability benefit plans. Its two segments are community banking, and insurance & financial services. The community banking segment consists of its full service banks, which offer customers traditional banking products and services through various delivery channels. The insurance & financial services segment includes three insurance agency offices that sell insurance products. The Bank’s loan portfolio categories include commercial, commercial real estate, construction and development, residential real estate, and consumer.

12 Month Chart for NASDAQ:SMMF

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