Summit Financial Group

Summit Financial Group is a financial holding company. The Company provides community banking services through its community bank subsidiary, Summit Community Bank. The Company operates through two segments: community banking, and insurance & financial services.

Company Growth (employees)
Type
Public
HQ
Moorefield, US
Founded
1987
Size (employees)
251 (est)
Summit Financial Group was founded in 1987 and is headquartered in Moorefield, US

Summit Financial Group Office Locations

Summit Financial Group has an office in Moorefield
Moorefield, US (HQ)
300 N Main St
Show all (1)

Summit Financial Group Financials and Metrics

Summit Financial Group Financials

Summit Financial Group's revenue was reported to be $64.1 m in FY, 2016
USD

Revenue (Q2, 2017)

26.1 m

Gross profit (Q2, 2017)

21.8 m

Gross profit margin (Q2, 2017), %

83%

Net income (Q2, 2017)

5.3 m

EBIT (Q2, 2017)

17.6 m

Market capitalization (22-Dec-2017)

321.4 m

Cash (30-Jun-2017)

53.5 m

EV

519.3 m
Summit Financial Group's current market capitalization is $321.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

57.3 m57.6 m58.9 m64.1 m

Revenue growth, %

1%2%9%

Cost of goods sold

12.9 m15.1 m

Gross profit

46 m49 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

17.5 m17.5 m18 m18.3 m18.7 m20.3 m26.1 m

Cost of goods sold

3.2 m3.2 m3.4 m3.5 m3.9 m4 m4.4 m

Gross profit

14.3 m14.3 m14.6 m14.8 m14.8 m16.2 m21.8 m

Gross profit Margin, %

82%82%81%81%79%80%83%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

11.8 m12.5 m9.5 m46.6 m

Accounts Receivable

5.7 m5.8 m5.5 m6.2 m

PP&E

20.6 m20.1 m21.6 m23.7 m

Total Assets

1.4 b1.4 b1.5 b1.8 b
USDQ3, 2013Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

16.1 m13.2 m13.3 m12.3 m16.7 m13.1 m34.5 m58.2 m53.5 m

PP&E

20.8 m20.1 m20.5 m20.5 m21.6 m21.4 m21.8 m26.4 m33.2 m

Total Assets

1.4 b1.4 b1.5 b1.5 b1.5 b1.6 b1.7 b1.8 b2.1 b

Accounts Payable

1 b1.1 b1.1 b1.1 b1.1 b1.1 b1.2 b1.3 b1.6 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

8.1 m11.4 m16.1 m17.3 m

Depreciation and Amortization

1.2 m1.1 m200 k247 k

Cash From Operating Activities

28.2 m25.6 m23.6 m23.2 m

Purchases of PP&E

(137.8 m)(111.4 m)(113.7 m)(99.5 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

5.3 m2.4 m4.8 m8.2 m4.3 m8.3 m12 m4.1 m8.3 m12.6 m(1.6 m)3.7 m

Depreciation and Amortization

878 k277 k547 k814 k260 k523 k790 k295 k587 k884 k452 k1.4 m

Accounts Receivable

365 k

Cash From Operating Activities

20.3 m7.1 m11.9 m18.4 m7.6 m12.3 m19 m6.2 m8.8 m16.6 m6.7 m3.6 m
USDY, 2017

EV/EBIT

29.5 x

EV/CFO

143.5 x

Revenue/Employee

104.2 k

Financial Leverage

10.8 x
Show all financial metrics

Summit Financial Group Operating Metrics

Summit Financial Group's Total Loans Issued was reported to be $1.5 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$1.03 b$1.04 b$1.06 b$1.06 b$1.09 b$1.1 b$1.17 b$1.23 b$1.32 b$1.29 b$1.54 b

Non-accrual Loans

$12.49 m$12.02 m$13.58 m$15.45 m$15.76 m$15.41 m$15.19 m$14.4 m$14.57 m$14.88 m$13.64 m
Show all operating metrics

Summit Financial Group Market Value History

Summit Financial Group's Web-traffic and Trends

Summit Financial Group Online and Social Media Presence

Summit Financial Group Company Life and Culture

You may also be interested in