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Summit Financial: Q3 Earnings Snapshot

Summit Financial: Q3 Earnings Snapshot

Summit Financial: Q3 Earnings Snapshot

By AP News
Published - Oct 27, 2022, 06:18 AM ET
Last Updated - Jun 24, 2023, 12:44 AM EDT

MOOREFIELD, W.Va. (AP) _ Summit Financial Group Inc. (SMMF) on Thursday reported net income of $14.4 million in its third quarter.

The Moorefield, West Virginia-based bank said it had earnings of $1.11 per share.

The financial holding company posted revenue of $47.3 million in the period. Its revenue net of interest expense was $39 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 SMMF">Zacks stock report on SMMF at https://www.zacks.com/ap/SMMF

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