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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.06
SMMF's Cash to Debt is ranked lower than
52% of the 1570 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.48 vs. SMMF: 0.06 )
SMMF' s 10-Year Cash to Debt Range
Min: 0.02   Max: No Debt
Current: 0.06

Equity to Asset 0.09
SMMF's Equity to Asset is ranked higher than
66% of the 2021 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. SMMF: 0.09 )
SMMF' s 10-Year Equity to Asset Range
Min: 0.05   Max: 0.09
Current: 0.09

0.05
0.09
Interest Coverage 0.58
SMMF's Interest Coverage is ranked higher than
56% of the 1845 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.30 vs. SMMF: 0.58 )
SMMF' s 10-Year Interest Coverage Range
Min: 0.04   Max: 0.68
Current: 0.58

0.04
0.68
F-Score: 6
Z-Score: 0.23
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 28.15
SMMF's Operating margin (%) is ranked higher than
73% of the 2032 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 29.47 vs. SMMF: 28.15 )
SMMF' s 10-Year Operating margin (%) Range
Min: -573.04   Max: 41.9
Current: 28.15

-573.04
41.9
Net-margin (%) 20.75
SMMF's Net-margin (%) is ranked higher than
74% of the 2032 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 21.42 vs. SMMF: 20.75 )
SMMF' s 10-Year Net-margin (%) Range
Min: -4.12   Max: 304.15
Current: 20.75

-4.12
304.15
ROE (%) 9.55
SMMF's ROE (%) is ranked higher than
79% of the 2042 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.60 vs. SMMF: 9.55 )
SMMF' s 10-Year ROE (%) Range
Min: -2.19   Max: 17.26
Current: 9.55

-2.19
17.26
ROA (%) 0.78
SMMF's ROA (%) is ranked higher than
72% of the 2045 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. SMMF: 0.78 )
SMMF' s 10-Year ROA (%) Range
Min: -0.13   Max: 1.27
Current: 0.78

-0.13
1.27
ROC (Joel Greenblatt) (%) 17.05
SMMF's ROC (Joel Greenblatt) (%) is ranked higher than
56% of the 2013 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 77.18 vs. SMMF: 17.05 )
SMMF' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -149.46   Max: 52.06
Current: 17.05

-149.46
52.06
Revenue Growth (3Y)(%) -6.90
SMMF's Revenue Growth (3Y)(%) is ranked higher than
59% of the 1748 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.30 vs. SMMF: -6.90 )
SMMF' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0   Max: 119.7
Current: -6.9

0
119.7
» SMMF's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q4 2013

SMMF Guru Trades in Q4 2013

Jim Simons 11,800 sh (+18%)
Arnold Schneider 20,200 sh (unchged)
» More
Q1 2014

SMMF Guru Trades in Q1 2014

Jim Simons 13,600 sh (+15.25%)
Arnold Schneider 20,300 sh (+0.5%)
» More
Q2 2014

SMMF Guru Trades in Q2 2014

Jim Simons 15,200 sh (+11.76%)
Arnold Schneider 20,300 sh (unchged)
» More
Q3 2014

SMMF Guru Trades in Q3 2014

Jim Simons 18,100 sh (+19.08%)
Arnold Schneider 20,300 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with SMMF

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Arnold Schneider 2013-06-30 Add 44.29%$6.72 - $8.76 $ 11.5247%20200
Arnold Schneider 2012-12-31 New Buy0.01%$4.59 - $5.32 $ 11.52136%12900
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 10.30
SMMF's P/E(ttm) is ranked higher than
90% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 18.00 vs. SMMF: 10.30 )
SMMF' s 10-Year P/E(ttm) Range
Min: 5.58   Max: 303.21
Current: 10.3

5.58
303.21
P/B 0.80
SMMF's P/B is ranked higher than
90% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.33 vs. SMMF: 0.80 )
SMMF' s 10-Year P/B Range
Min: 0.19   Max: 3.92
Current: 0.8

0.19
3.92
P/S 2.10
SMMF's P/S is ranked higher than
87% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.59 vs. SMMF: 2.10 )
SMMF' s 10-Year P/S Range
Min: 0.32   Max: 8.2
Current: 2.1

0.32
8.2
PFCF 4.30
SMMF's PFCF is ranked higher than
93% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. SMMF: 4.30 )
SMMF' s 10-Year PFCF Range
Min: 0.71   Max: 124.14
Current: 4.3

0.71
124.14
EV-to-EBIT 21.69
SMMF's EV-to-EBIT is ranked higher than
69% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 19.57 vs. SMMF: 21.69 )
SMMF' s 10-Year EV-to-EBIT Range
Min: -557.2   Max: 561.8
Current: 21.69

-557.2
561.8
Shiller P/E 24.60
SMMF's Shiller P/E is ranked higher than
82% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. SMMF: 24.60 )
SMMF' s 10-Year Shiller P/E Range
Min: 3.13   Max: 52.78
Current: 24.6

3.13
52.78

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.80
SMMF's Price/Tangible Book is ranked higher than
90% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.60 vs. SMMF: 0.80 )
SMMF' s 10-Year Price/Tangible Book Range
Min: 0.24   Max: 3.53
Current: 0.8

0.24
3.53
Price/DCF (Projected) 0.40
SMMF's Price/DCF (Projected) is ranked higher than
94% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.17 vs. SMMF: 0.40 )
SMMF' s 10-Year Price/DCF (Projected) Range
Min: 0.09   Max: 2.81
Current: 0.4

0.09
2.81
Price/Median PS Value 1.20
SMMF's Price/Median PS Value is ranked higher than
76% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.22 vs. SMMF: 1.20 )
SMMF' s 10-Year Price/Median PS Value Range
Min: 0.19   Max: 4.64
Current: 1.2

0.19
4.64
Price/Graham Number 0.50
SMMF's Price/Graham Number is ranked higher than
94% of the 2646 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.18 vs. SMMF: 0.50 )
SMMF' s 10-Year Price/Graham Number Range
Min: 0.22   Max: 2.92
Current: 0.5

0.22
2.92
Earnings Yield (Greenblatt) 4.50
SMMF's Earnings Yield (Greenblatt) is ranked higher than
65% of the 2006 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.60 vs. SMMF: 4.50 )
SMMF' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 4.6
Current: 4.5

0.2
4.6
Forward Rate of Return (Yacktman) -8.81
SMMF's Forward Rate of Return (Yacktman) is ranked higher than
53% of the 1250 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.90 vs. SMMF: -8.81 )
SMMF' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -3.4   Max: 95.3
Current: -8.81

-3.4
95.3

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » details
Summit Financial Group Inc was incorporated in the State of West Virginia in 1987. The Company offers community banking services mainly in the Eastern Panhandle and South Central regions of West Virginia and the Northern region of Virginia. It provides these services through its community bank subsidiary; Summit Community Bank. It also operates Summit Insurance Services, LLC in Moorefield, West Virginia and Leesburg, Virginia. It provides community banking services, including demand, savings and time deposits; commercial, real estate and consumer loans; letters of credit; and cash management services. The deposits of Summit Community are insured by the Federal Deposit Insurance Corporation. Its primary lending focus is providing commercial loans to local businesses and providing owner-occupied real estate loans to individuals. The Company segments its loan portfolio into the following lending categories: commercial, commercial real estate, construction and development, residential real estate, and consumer. Commercial loans are loans made to commercial borrowers that are not secured by real estate. These encompass loans secured by accounts receivable, inventory, equipment, as well as unsecured loans. Commercial real estate loans consist of commercial mortgages, which generally are secured by nonresidential and multi-family residential properties. Commercial real estate loans are made to many of the same customers and carry similar industry risks as the commercial loan portfolio. Construction and development loans are made for the purpose of financing construction or development projects. This portfolio includes commercial and residential land development loans, one-to-four family housing construction both pre-sold and speculative in nature, multi-family housing construction, non-residential building construction, and undeveloped land. Residential real estate loans are mortgage loans to consumers and are secured mainly by a first lien deed of trust. These loans are traditional one-to-four family residential mortgages. Also included in this category of loans are second liens on one-to-four family properties as well as home equity loans. Consumer loans are loans that establish consumer credit that is granted for the consumer's personal use. These loans include automobile loans, recreational vehicle loans, as well as personal secured and unsecured loans. The Company as a financial holding company is subject to the restrictions of the Bank Holding Company Act of 1956, as amended and are registered pursuant to its provisions.
» More Articles for SMMF

Headlines

Articles On GuruFocus.com
comment on SMMF Apr 03 2012 
Summit Financial Group Inc. (SMMF) CFO Robert S Tissue buys 1,000 Shares Aug 16 2010 
Summit Financial Group Inc. (SMMF) CFO Robert S Tissue buys 1,000 Shares Aug 13 2010 
Summit Financial Group Inc. (SMMF) CFO Robert S Tissue buys 1,000 Shares Aug 12 2010 
Summit Financial Group Inc. (SMMF) CFO Robert S Tissue buys 1,000 Shares Jun 09 2009 
Summit Financial Group Inc. (SMMF) CFO Robert S Tissue buys 1,000 Shares Jun 05 2009 
Summit Financial Group Inc. (SMMF) CEO H Charles Iii Maddy buys 1,000 Shares Jun 05 2009 
Summit Financial Group Inc. (SMMF) Vice-Chairman George R Jr Ours buys 4,500 Shares Jun 05 2009 
Greater Atlantic Financial Corp. Announces Mutual Termination of Merger Agreement with Summit Financ Dec 16 2008 

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