Latest Summit Financial Group (SMMF) Headlines
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Posted On: 03/13/2014 2:37:27 AM
Latest Summit Financial Group (SMMF) Headlines
Summit Financial Group Reports Fourth Quarter & Full Year 2013 Results
GlobeNewswire - Wed Jan 29, 5:00AM CST
Summit Financial Group, Inc. ("Company" or "Summit") (Nasdaq:SMMF) today reported fourth quarter 2013 net income applicable to common shares of $2.59 million, or $0.29 per diluted share, compared with $1.91 million, or $0.22 per diluted share, for the fourth quarter of 2012. Fourth quarter 2013 results, as compared to the same period in 2012, were positively impacted primarily by a lower provision for loan losses.
Summit Community Bank Announces Its Chief Banking Officer
GlobeNewswire - Wed Jan 22, 7:53AM CST
Summit Community Bank, a subsidiary of Summit Financial Group, Inc. (Nasdaq:SMMF), today announced banking veteran Patricia (Patty) Owens as its Chief Banking Officer. Ms. Owens brings nearly 32 years of banking experience to her position. She joined Summit in 2007 and has previously served as the Area Manager of Retail Banking overseeing a total of eleven branches in Virginia and West Virginia.
Summit Financial Group Reports Third Quarter 2013 Results
GlobeNewswire - Wed Oct 30, 6:30AM CDT
Summit Financial Group, Inc. ("Company" or "Summit") (Nasdaq:SMMF) today reported third quarter 2013 net income applicable to common shares of $2.08 million, or $0.24 per diluted share, compared with $803,000, or $0.10 per diluted share, for the third quarter of 2012. Third quarter 2013 results, as compared to the same period in 2012, were positively impacted primarily by a lower provision for loan losses and lower write-downs of foreclosed properties.
Summit Financial Group Reports Second Quarter 2013 Results
GlobeNewswire - Thu Jul 25, 5:00AM CDT
Summit Financial Group, Inc. ("Company" or "Summit") (Nasdaq:SMMF) today reported second quarter 2013 net income applicable to common shares of $1,023,000, or $0.13 per diluted share, compared with $719,000, or $0.09 per diluted share, for the second quarter of 2012. Second quarter 2013 results, as compared to the same period in 2012, were positively impacted primarily by a lower provision for loan losses.
WEALTHMAKERS.COM Issues Bullish Research Reports on SMMF, SONS, TTNP, VE
M2 - Wed May 15, 2:51AM CDT
WEALTHMAKERS.COM / www.wealthmakers.com , a Wall Street research and trading firm providing unbiased statistical stock market predictions to empower investors, securities professionals and public company employees to make precise, predictive and profitable trading decisions, has issued new research reports today on the following stocks: Summit Financial Group Inc (NASDAQ:SMMF), Sonus Networks Inc (NASDAQ:SONS), Titan Pharmaceuticals Inc (OTC:TTNP), Veolia Environnement Ve SA (NYSE:VE)
Summit Financial Group Reports First Quarter 2013 Results
GlobeNewswire - Thu Apr 25, 5:00AM CDT
Summit Financial Group, Inc. ("Company" or "Summit") (Nasdaq:SMMF) today reported first quarter 2013 net income applicable to common shares of $1.60 million, or $0.19 per diluted share, compared to $1.50 million, or $0.18 per diluted share, for the first quarter of 2012. Q1 2013 earnings compared to Q1 2012 were positively impacted by a $1.5 million decrease in combined provision for loan losses and write downs of foreclosed properties, which was partially negated by $1.1 million reduction in realized securities gains.
Summit Financial Group Reports Fourth Quarter & Full Year 2013 Results
GlobeNewswire - Wed Jan 29, 5:00AM CST
Summit Financial Group, Inc. ("Company" or "Summit") (Nasdaq:SMMF) today reported fourth quarter 2013 net income applicable to common shares of $2.59 million, or $0.29 per diluted share, compared with $1.91 million, or $0.22 per diluted share, for the fourth quarter of 2012. Fourth quarter 2013 results, as compared to the same period in 2012, were positively impacted primarily by a lower provision for loan losses.
Summit Community Bank Announces Its Chief Banking Officer
GlobeNewswire - Wed Jan 22, 7:53AM CST
Summit Community Bank, a subsidiary of Summit Financial Group, Inc. (Nasdaq:SMMF), today announced banking veteran Patricia (Patty) Owens as its Chief Banking Officer. Ms. Owens brings nearly 32 years of banking experience to her position. She joined Summit in 2007 and has previously served as the Area Manager of Retail Banking overseeing a total of eleven branches in Virginia and West Virginia.
Summit Financial Group Reports Third Quarter 2013 Results
GlobeNewswire - Wed Oct 30, 6:30AM CDT
Summit Financial Group, Inc. ("Company" or "Summit") (Nasdaq:SMMF) today reported third quarter 2013 net income applicable to common shares of $2.08 million, or $0.24 per diluted share, compared with $803,000, or $0.10 per diluted share, for the third quarter of 2012. Third quarter 2013 results, as compared to the same period in 2012, were positively impacted primarily by a lower provision for loan losses and lower write-downs of foreclosed properties.
Summit Financial Group Reports Second Quarter 2013 Results
GlobeNewswire - Thu Jul 25, 5:00AM CDT
Summit Financial Group, Inc. ("Company" or "Summit") (Nasdaq:SMMF) today reported second quarter 2013 net income applicable to common shares of $1,023,000, or $0.13 per diluted share, compared with $719,000, or $0.09 per diluted share, for the second quarter of 2012. Second quarter 2013 results, as compared to the same period in 2012, were positively impacted primarily by a lower provision for loan losses.
WEALTHMAKERS.COM Issues Bullish Research Reports on SMMF, SONS, TTNP, VE
M2 - Wed May 15, 2:51AM CDT
WEALTHMAKERS.COM / www.wealthmakers.com , a Wall Street research and trading firm providing unbiased statistical stock market predictions to empower investors, securities professionals and public company employees to make precise, predictive and profitable trading decisions, has issued new research reports today on the following stocks: Summit Financial Group Inc (NASDAQ:SMMF), Sonus Networks Inc (NASDAQ:SONS), Titan Pharmaceuticals Inc (OTC:TTNP), Veolia Environnement Ve SA (NYSE:VE)
Summit Financial Group Reports First Quarter 2013 Results
GlobeNewswire - Thu Apr 25, 5:00AM CDT
Summit Financial Group, Inc. ("Company" or "Summit") (Nasdaq:SMMF) today reported first quarter 2013 net income applicable to common shares of $1.60 million, or $0.19 per diluted share, compared to $1.50 million, or $0.18 per diluted share, for the first quarter of 2012. Q1 2013 earnings compared to Q1 2012 were positively impacted by a $1.5 million decrease in combined provision for loan losses and write downs of foreclosed properties, which was partially negated by $1.1 million reduction in realized securities gains.
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