SUMMIT FINANCIAL GROUP, INC.
Financials · State Commercial Banks · WV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $18.3M | $15.9M | $14.4M | $12.1M | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $55.2M | $53.2M | $45.7M | $31.3M | $31.9M | $28.1M |
| Total assets | $4.63B | $3.92B | $3.58B | $3.11B | $2.40B | $2.20B |
| Total liabilities | $4.19B | $3.56B | $3.25B | $2.82B | $2.16B | $1.98B |
| Equity | $440.2M | $354.5M | $327.5M | $281.6M | $247.8M | $219.8M |
| EPS (diluted) | $3.81 | $4.08 | $3.47 | $2.41 | $2.53 | $2.26 |
| Shares out. | 12.8M | 12.8M | 13.0M | 13.0M | 12.8M | 12.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- 302.4%
- Return on equity
- 12.5%
- Return on assets
- 1.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 90.5%
- Debt / equity
- 9.53×
- Book value / share
- $34.43
- Revenue growth (YoY)
- 14.8%
- Net income growth (YoY)
- 3.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Accruals / assets
- −0.4%clean
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 3 good- High leverage (liabilities > 70% of assets)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsMay 3, 2024
- Results of operationsApr 25, 2024
- Other material eventApr 19, 2024
- Results of operationsJan 25, 2024
- Director / officer changeDec 8, 2023
- Shareholder voteDec 7, 2023
- Results of operationsOct 27, 2023
- Director / officer changeSep 11, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GMay 14, 2024
- EFFECTMay 13, 2024
- EFFECTMay 13, 2024
- EFFECTMay 13, 2024
- EFFECTMay 13, 2024
- S-8 POSFORM S-8 POSMay 7, 2024
- S-8 POSFORM S-8 POSMay 7, 2024
- S-8 POSFORM S-8 POSMay 7, 2024
- S-8 POSFORM S-8 POSMay 7, 2024
- POS AMFORM POS AMMay 7, 2024
- POS AMFORM POS AMMay 7, 2024
- POS AMFORM POS AMMay 7, 2024
- POS AMFORM POS AMMay 7, 2024
- 4FORM 4May 3, 2024
- 4FORM 4May 3, 2024
Event-driven situations (1)
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