Summit Financial: Q1 Earnings Snapshot

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MOOREFIELD, W.Va. (AP) — MOOREFIELD, W.Va. (AP) — Summit Financial Group Inc. (SMMF) on Thursday reported net income of $14.1 million in its first quarter.

The bank, based in Moorefield, West Virginia, said it had earnings of $1.08 per share.

The financial holding company posted revenue of $54.9 million in the period. Its revenue net of interest expense was $38.6 million, which topped Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMMF at https://www.zacks.com/ap/SMMF

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