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Summit Financial Group, Inc. Announces Q4 Common Dividend of $0.20 Per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Summit Financial Group, Inc. (NASDAQ: SMMF) declared a fourth quarter 2022 dividend of $0.20 per share, payable on December 30, 2022, to shareholders on record as of December 15, 2022. The company, with assets of $3.9 billion, provides financial services through Summit Community Bank across West Virginia and surrounding areas. Their focus includes commercial lending, residential lending, and wealth management services, with 44 branches and digital platforms available for customers.
Positive
Declared a fourth quarter 2022 dividend of $0.20 per share.
Strong asset base of $3.9 billion indicates financial stability.
Negative
None.
MOOREFIELD, W.V., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces its Board of Directors today declared a fourth quarter 2022 dividend of $0.20 per share payable on December 30, 2022 to common shareholders of record as of the close of business on December 15, 2022.
Summit Financial Group, Inc. is the $3.9 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit’s focus on in-market commercial lending and providing other business banking services in dynamic markets is designed to leverage its highly efficient operations and core deposits in strong legacy locations. Residential and consumer lending, trust and wealth management, and other retail financial services are offered through convenient digital and mobile banking platforms, including MySummit.bank, and 44 full-service branch locations. More information on Summit Financial Group, Inc. (NASDAQ: SMMF), headquartered in West Virginia’s Eastern Panhandle in Moorefield, is available at SummitFGI.com.