SMMF - Summit Financial Group, Inc.
NASDAQ
->
Financial Services
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Banks—Regional
Moorefield,
United States
Type: Equity
SMMF price evolution
SMMF
| (in millions $) | 31 Jan 2024 | 30 Oct 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $52.23 | $59.56 | $63.24 | $70.82 |
| Short term investments | ||||
| Net receivables | $20 | $19.79 | $18.2 | $16.26 |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $63.04 | $62.72 | $65.71 | $59.62 |
| Goodwill & intangible assets | $74.43 | $75.42 | $76.42 | $61.81 |
| Total noncurrent assets | ||||
| Total investments | $4262.6 | $4208.83 | $4160.95 | $3629.28 |
| Total assets | $4634.32 | $4604.21 | $4552.27 | $3977.41 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $302.96 | $258.05 | $232.15 | $0.15 |
| Long term debt | $124.01 | $123.89 | $123.78 | $123.01 |
| Total noncurrent liabilities | ||||
| Total debt | $426.96 | $381.95 | $355.93 | $263.81 |
| Total liabilities | $4194.11 | $4187.76 | $4139.1 | $3607.86 |
| Shareholders' equity | ||||
| Retained earnings | $302.78 | $289.64 | $276.76 | $271.71 |
| Other shareholder equity | -$7.49 | -$18.62 | -$8.73 | -$8.03 |
| Total shareholder equity | $440.21 | $416.45 | $413.17 | $369.55 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $52.23 | $44.72 | $78.46 | $99.79 |
| Short term investments | ||||
| Net receivables | $20 | $15.87 | $10.58 | $11.99 |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $63.04 | $53.98 | $66.23 | $68.13 |
| Goodwill & intangible assets | $74.43 | $62.15 | $63.59 | $55.12 |
| Total noncurrent assets | ||||
| Total investments | $4262.6 | $3590.81 | $3259.99 | $2782.13 |
| Total assets | $4634.32 | $3916.69 | $3576.72 | $3106.38 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $302.96 | $6.1 | $6.6 | $5.6 |
| Long term debt | $124.01 | $123.54 | $122.5 | $49 |
| Total noncurrent liabilities | ||||
| Total debt | $426.96 | $349.54 | $263.31 | $189.8 |
| Total liabilities | $4194.11 | $3562.16 | $3249.25 | $2824.8 |
| Shareholders' equity | ||||
| Retained earnings | $302.78 | $260.39 | $217.77 | $181.64 |
| Other shareholder equity | -$7.49 | -$11.48 | $5.48 | $5.45 |
| Total shareholder equity | $440.21 | $354.53 | $327.47 | $281.58 |
| (in millions $) | 31 Jan 2024 | 30 Oct 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $46.59 | $46.54 | $37.74 | $37.08 |
| Cost of revenue | ||||
| Gross Profit | $37.74 | $37.08 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $16.31 | $14.34 | ||
| Total operating expenses | $27.32 | $19.4 | ||
| Operating income | $10.41 | $17.68 | ||
| Income from continuing operations | ||||
| EBIT | $10.41 | $17.68 | ||
| Income tax expense | $4.59 | $4.79 | $2.2 | $3.58 |
| Interest expense | ||||
| Net income | ||||
| Net income | $16.37 | $16.11 | $8.21 | $14.1 |
| Income (for common shares) | $7.98 | $13.88 | ||
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $177.44 | $140.19 | $126.14 | $101.06 |
| Cost of revenue | ||||
| Gross Profit | $140.19 | $126.14 | $101.06 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $53.73 | $46.9 | $42.53 | |
| Total operating expenses | $72.88 | $68.74 | $62.31 | |
| Operating income | $67.31 | $57.4 | $38.75 | |
| Income from continuing operations | ||||
| EBIT | $67.31 | $57.4 | $38.75 | |
| Income tax expense | $15.16 | $14.09 | $11.66 | $7.43 |
| Interest expense | ||||
| Net income | ||||
| Net income | $54.34 | $53.22 | $45.74 | $31.33 |
| Income (for common shares) | $52.32 | $45.15 | $31.33 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $16.6 | $16.33 | $8.21 | $14.1 |
| Operating activities | ||||
| Depreciation | $2.02 | $1.98 | $1.97 | $1.21 |
| Business acquisitions & disposals | $14.36 | |||
| Stock-based compensation | $0.1 | $0.22 | $0.22 | $0.2 |
| Total cash flows from operations | $19.02 | $22.83 | $14.7 | $17.18 |
| Investing activities | ||||
| Capital expenditures | -$0.02 | -$2.73 | -$1.31 | -$1.37 |
| Investments | -$27.3 | -$66.18 | -$39.65 | -$31.18 |
| Total cash flows from investing | -$27.95 | -$68.67 | -$26.24 | -$32.55 |
| Financing activities | ||||
| Dividends paid | -$11.27 | $4.82 | -$2.93 | -$2.56 |
| Sale and purchase of stock | $0.09 | $0.06 | $0.04 | $0.05 |
| Net borrowings | $44.9 | $25.9 | $69.2 | -$85.85 |
| Total cash flows from financing | $1.6 | $42.16 | $3.97 | $41.47 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$7.33 | -$3.69 | -$7.57 | $26.1 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $55.24 | $53.22 | $45.74 | $31.33 |
| Operating activities | ||||
| Depreciation | $7.18 | $5.05 | $5.15 | $4.88 |
| Business acquisitions & disposals | $14.36 | $95.7 | $175.01 | |
| Stock-based compensation | $0.74 | $0.62 | $0.65 | $0.53 |
| Total cash flows from operations | $73.73 | $67.94 | $61.85 | $44.68 |
| Investing activities | ||||
| Capital expenditures | -$5.44 | $3.44 | $0.84 | -$5.5 |
| Investments | -$164.31 | -$398.23 | -$438.25 | -$312.64 |
| Total cash flows from investing | -$155.42 | -$404.83 | -$341.75 | -$152.46 |
| Financing activities | ||||
| Dividends paid | -$11.95 | -$9.69 | -$9.02 | -$8.79 |
| Sale and purchase of stock | $0.24 | $0.2 | -$6.4 | -$1.27 |
| Net borrowings | $54.14 | $85.83 | $74.98 | -$53.5 |
| Total cash flows from financing | $89.2 | $303.14 | $258.57 | $145.68 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $7.51 | -$33.74 | -$21.33 | $37.9 |
News
Fundamentals
| Market cap | $407.03M |
|---|---|
| Enterprise value | $781.76M |
| Shares outstanding | 14.68M |
| Revenue | $167.94M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $54.79M |
| Revenue Q/Q | 23.53% |
| Revenue Y/Y | N/A |
| P/E ratio | 7.43 |
|---|---|
| EV/Sales | 4.65 |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 2.42 |
| P/B ratio | 0.91 |
| Book/Share | 30.49 |
| Cash/Share | 3.56 |
| EPS | $3.73 |
|---|---|
| ROA | 1.23% |
| ROE | 13.37% |
| Debt/Equity | 9.53 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | N/A |
| Quick ratio | N/A |