Summit Financial: Q4 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 $16.6 million in its fourth quarter.
The Moorefield, West Virginia-based bank said it had earnings of $1.11 per share.
The financial holding company posted revenue of $72.3 million in the period. Its revenue net of interest expense was $46.6 million, which beat Street forecasts.
For the year, the company reported profit of $55.2 million, or $3.81 per share. Revenue was reported as $177.4 million.
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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
