Summit Financial Group, Inc. (Nasdaq:SMMF) is the financial holding company for Summit Community Bank, Inc. which offers various community banking and financial services to individuals and businesses across West Virginia, Virginia, Kentucky, and the Washington, D.C. metropolitan area. The company has a broad reach with 44 office locations and USD 3.9 billion in total assets.
Comps: MVB Financial Corp. (Nasdaq:MVBF), Civista Bancshares, Inc. (Nasdaq:CIVB)
Summit Financial Group stands out from its peer banks in several impressive metrics. It boasts an earnings per share of 4.1 and a price-to-earnings ratio of 5.1, which sets it apart. In addition, its profit margin, return on equity, revenue, net income, and yield all outperform those of its competitors. As a result, Summit Financial Group emerges as a solid and dependable choice for potential investors, excelling in every critical area.