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Summit Financial Group, Inc. Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest, by Geary James P II, was filed 02 Apr 2024.
Summit Financial Group, Inc.: what insiders have been doing
This page follows insider dealings at Summit Financial Group, Inc. as filed with SEC (Form 4), a company from the Finance & Banking sector. Summit Financial Group, Inc. has had no insider filing for more than a year; the last one goes back to 3 May 2024.
Since 2016, the database holds 92 purchases and 81 sales by insiders of the company.
Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
Insider Decl.
403
Thresholds
n/a
Buy Volume
€5M
92 ops. · all time
Sell Volume
€4M
81 ops. · all time
Financial data
as of FY 2023FY ended December 2023 · cache
Income statement
RevenueUS$15.7M
Net incomeUS$47.6M302.4% margin
Last declaration on 3 May 2024
Declarations403 total
63,853 sharesCommon StockSEC:0001437749-24-014559:1
13,220 sharesCommon StockSEC:0001437749-24-014559:2
4,800 sharesCommon StockSEC:0001437749-24-014559:3
528 sharesCommon StockSEC:0001437749-24-014559:4
7,509.76 sharesCommon StockSEC:0001437749-24-014559:5
25,928.76 sharesCommon StockSEC:0001437749-24-014559:6
7,213 sharesCommon StockSEC:0001437749-24-014557:1
22,685 sharesCommon StockSEC:0001437749-24-014554:1
43,136.6 sharesCommon StockSEC:0001437749-24-014564:1
626.12 sharesCommon StockSEC:0001437749-24-014564:2
9,614 sharesCommon StockSEC:0001437749-24-014564:3
10 sharesNon-Cumulative Perpetual Preferred Stock, Series 2021SEC:0001437749-24-014564:4
4,846 sharesCommon StockSEC:0001437749-24-014561:1
75,026 sharesCommon StockSEC:0001437749-24-014561:2
1,734 sharesCommon StockSEC:0001437749-24-014561:3
1,734 sharesCommon StockSEC:0001437749-24-014561:4
10,711 sharesCommon StockSEC:0001437749-24-014561:5
3,790.81 sharesCommon StockSEC:0001437749-24-014565:1
1,225.87 sharesCommon StockSEC:0001437749-24-014565:2
1,368 sharesCommon StockSEC:0001437749-24-014547:1
93,708 sharesCommon StockSEC:0001437749-24-014547:2
50 sharesNon-Cumulative Perpetual Preferred Stock, Series 2021SEC:0001437749-24-014547:3
50 sharesNon-Cumulative Perpetual Preferred Stock, Series 2021SEC:0001437749-24-014547:4
15,608.07 sharesCommon StockSEC:0001437749-24-014549:1
19,315 sharesCommon StockSEC:0001437749-24-014549:2
25 of 403 declarations
About Summit Financial Group, Inc.
Summit Financial Group, Inc. (ticker: SMMF) is a U.S. financial holding company listed on the NASDAQ Stock Market in the United States. It is primarily a community banking franchise, operating through its main banking subsidiary, Summit Community Bank. The company is headquartered in Moorefield, West Virginia, and was incorporated in 1987. For French-speaking investors, SMMF should be viewed as a regional U.S. bank rather than a national money-center institution: its operating model is built around local customer relationships, deposit gathering, and relationship-based lending in its core markets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/811808/000143774924007430/smmf20231231_10k.htm?utm_source=openai))
The group’s business mix is centered on traditional banking services, but with a meaningful degree of diversification. Summit offers demand deposits, savings accounts, and time deposits; commercial, real estate, and consumer loans; cash management solutions; and trust and wealth management services. This structure gives the company multiple revenue channels, combining net interest income with fee-based services, which is typical of well-established community banks in the United States. The FDIC-insured status of Summit Community Bank’s deposits is an important feature for depositors and supports the franchise’s credibility in its local markets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/811808/000143774924007430/smmf20231231_10k.htm?utm_source=openai))
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Geographically, Summit’s footprint is concentrated in the eastern part of the United States and remains highly regional. The company serves the Eastern Panhandle, Southern and North Central West Virginia, parts of Virginia including the Shenandoah Valley and Southwestern Virginia, as well as Central Kentucky, Maryland’s Eastern Shore, and Delaware. That regional concentration is a competitive advantage in terms of local market knowledge and customer proximity, but it also means the company is exposed to the economic conditions of a relatively narrow set of markets. In competitive terms, SMMF operates against other banks, credit unions, mortgage lenders, insurance-related financial businesses, and a broad set of depository competitors, so pricing discipline and credit quality remain key differentiators. ([sec.gov](https://www.sec.gov/Archives/edgar/data/811808/000143774924007430/smmf20231231_10k.htm?utm_source=openai))
Recent SEC-disclosed activity indicates that Summit has remained strategically active, with documents referencing a previously announced 2023 transaction involving Burke & Herbert Financial Services Corp. That kind of corporate development is consistent with the ongoing consolidation theme across U.S. regional banking. From an investor perspective, SMMF is best framed as a relationship-driven regional bank whose performance is influenced by interest-rate conditions, loan growth, deposit competition, asset quality, and local economic trends across its multi-state operating footprint. ([sec.gov](https://www.sec.gov/Archives/edgar/data/811808/000119312523220221/d495638d8k.htm?utm_source=openai))
