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.
_____
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