Summit Financial Group

Summit Financial Group, Inc. is a holding company, which engages in the provision of community banking and insurance services. It offers a wide range of community banking services, including demand, savings, and time deposits, commercial, real estate and consumer loans, trust and wealth management services, and cash management services. Its loan portfolio includes commercial, commercial real estate, construction and land development, residential real estate, consumer, and mortgage warehouse lines of credit. The company was founded on March 5, 1987 and is headquartered in Moorefield, WV.

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Summit Financial Group provides a range of general banking services to customers. The company designs and strategically implements professional benefits, insurance, and investment solutions that help secure a healthy financial future for its clients. The firm is a $2.94 billion financial holding company headquartered in Moorefield, West Virginia. It provides community banking services primarily in the Eastern Panhandle and Southern regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia, through its bank subsidiary, Summit Community Bank, Inc., which now operates more than 40 banking locations. Deeply rooted in the communities they serve, Summit is committed to providing exceptional financial services and customer care while maintaining the traditional values that are important to their clients.

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial Holdings (“Summit”), a leading architect of advisor success and client satisfaction for more than four decades, in collaboration with Merchant Investment Management (“Merchant”), announced that it has acquired an equity stake of the wealth management arm of Meeder Investment Management (“Meeder”). Meeder's other business lines (including its Public Funds and Advisory Consulting divisions) are not part of this transaction and will remain part o.

Summit Financial Adds Meeder Wealth Management

ZURICH, June 21, 2024 - At the inaugural ETP Summit in Zurich last week, leading financial experts called for a paradigm shift in portfolio management, recommending a 3-5% allocation to digital assets in what they term "Portfolio 3.0".

ETP Summit Financial Experts Advocate up to 3% Digital Asset Allocation in "Portfolio 3.0"

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial Holdings (“Summit”), an innovative leading architect of advisor success and client satisfaction for over four decades, today expands its national footprint with the launch of SRM Private Wealth (“SRM”). Headquartered in Pasadena, California, this newly formed independent practice is led by managing partner and private wealth advisor Richard McWhorter, CFP®, CRPC® and is the eleventh firm this year to join Summit Growth Partners (SGP), Summit's.

$1.9B Merrill Lynch California Breakaway Team Joins Summit Financial, Marking the 11th Summit Transaction This Year, Chooses Goldman Sachs as Custodian

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial Holdings (“Summit”), a leading architect of advisor success and client satisfaction for over four decades, today announced the launch of Kyros Private Wealth (“Kyros”). Headquartered in Naples, Florida, this newly formed independent practice is led by founding partner and private wealth advisor William E. Clegg IV, CFP®, CIMA. Formerly affiliated with UBS as The Clegg Group, Kyros represents the sixth firm in 2024 to join Summit Growth Partner.

Summit Financial Launches Kyros Private Wealth, Expanding its Independent Partnership Model Nationwide

Burke & Herbert Financial Services Corp

ALEXANDRIA, Va. , April 26, 2024 /PRNewswire/ --Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (Nasdaq: BHRB) reported financial results for the quarter ended March 31, 2024.

Burke & Herbert Financial Services Corp. Announces First Quarter 2024 Results and Declares Common Stock Dividend

MOOREFIELD, W.Va., April 25, 2024 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported financial results for the first quarter of 2024, revealing a strong earnings performance marked by growth in loans. The Company's continued success underscores its position as an exceptional community bank, reflecting a sound strategy and solid operational execution.

Summit Financial Group Reports First Quarter 2024 Earnings of $1.14 Per Share

Burke & Herbert Annual Shareholder Meeting Date Established ALEXANDRIA, Va. and MOOREFIELD, W.Va.

Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. Announce Receipt of Regulatory Approvals and Closing Date for Merger of Equals

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial Holdings (“Summit”), a leading architect of advisor success and client satisfaction for over four decades, today announced enhancements to its private markets offering. The augmented approach is now fully set to equip advisors with institutional-quality resources, combining the bespoke service of a boutique firm with the breadth and depth of larger institutional offerings. Its completion is timely, coming at a time when financial advisors and.

Summit Financial Enhances Open-Architecture Private Markets Offering, Supporting Advisors with Suite of High-Net-Worth Services

MOOREFIELD, W.Va., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces its Board of Directors recently declared a first quarter 2024 dividend of $0.22 per share payable on March 29, 2024 to common shareholders of record as of the close of business on March 15, 2024.

Summit Financial Group, Inc. Announces Q1 2024 Common Dividend of $0.22 Per Share

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial Holdings (“Summit”), a top firm for values-driven independent and breakaway advisors, today announced the addition of two new affiliate firms: Garrett, Perkins & Horton Advisory Partners (“GPH”), formerly known as Garrett, Perkins & Associates; and Brad Werner & Company have selected Summit as their growth partner. Both firms will benefit from Summit's custom capital solution, Summit Growth Partners (SGP), which offers a combinatio.

Summit Financial Continues Growth Trajectory With Two Additional Affiliate Firms Totaling $725M in Assets

ALEXANDRIA, Va. , Jan. 26, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (Nasdaq: BHRB) reported financial results for the quarter ended and year ended December 31, 2023.

Burke & Herbert Financial Services Corp. Announces Fourth Quarter and Full Year 2023 Results and Declares Common Stock Dividend

MOOREFIELD, W.Va., Jan. 25, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Thursday, January 25th by Summit Financial Group, Inc. (NASDAQ: SMMF), please note that in the Annual Performance Summary (unaudited) table, cash dividends per common share for the year ended 12/31/2023 have been corrected to $0.84. The corrected release follows:

CORRECTION: Summit Financial Group Reports Earnings of $1.11 Per Share for Fourth Quarter 2023

MOOREFIELD, W.Va., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ: SMMF) today reported financial results for the fourth quarter of 2023, highlighting robust core operating performance marked by continued notable strength in its net interest margin. The Company's continued success underscores its position as an exceptional community bank, reflecting a sound strategy and solid operational execution.

Summit Financial Group Reports Earnings of $1.11 Per Share for Fourth Quarter 2023

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial Holdings (“Summit”), a top firm for values-driven independent and breakaway advisors, today announced that Oracle Private Wealth Advisors (“Oracle”), has joined Summit Financial. Formerly known as Oracle Capital Strategies, Oracle represents the eighth firm in 2023 to join Summit Growth Partners (SGP), an innovative partnership that combines cash monetization with equity participation as well as exclusive partnership privileges. Via the transa.

Summit Financial Welcomes Oracle Private Wealth Advisors, an All-Woman Advisory Firm, to its Expanding Network

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial Holdings (“Summit”), a top firm for values-driven independent and breakaway advisors, has through its affiliate, Summit Growth Partners, made a strategic investment in Prostatis Financial Advisors Group (“Prostatis”), marking the firm's fifth strategic investment this year. A registered investment adviser (RIA) with a 20-year track record, Prostatis specializes in the tax-efficient growth and protection of wealth for high-net-worth individuals.

Summit Financial Takes Minority Stake in Prostatis Financial Advisors Group

Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. Announce Receipt of Shareholder Approval for Merger

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Summit Financial Group (SMMF) Stock?

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MOOREFIELD, W.Va., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces its Board of Directors recently declared a fourth quarter 2023 dividend of $0.22 per share payable on December 29, 2023 to common shareholders of record as of the close of business on December 15, 2023.

Summit Financial Group, Inc. Announces Q4 Common Dividend of $0.22 Per Share

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ALEXANDRIA, Va. , Oct. 27, 2023 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (Nasdaq: BHRB) reported financial results for the quarter ended September 30, 2023.

Burke & Herbert Financial Services Corp. Announces Third Quarter 2023 Results and Declares Common Stock Dividend

MOOREFIELD, W.Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported financial results for the third quarter of 2023, highlighting robust core operating performance marked by continued notable strength in its net interest margin.

Summit Financial Group Reports Earnings of $1.09 Per Share for Third Quarter 2023

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Summit Financial Group, Inc. (NasdaqGS: SMMF) to Burke & Herbert Financial Services Corp. (NasdaqCM: BHRB). Under the terms of the proposed transaction, shareholders of Summit will receive 0.5043 shares of Burke & Herbert common stock for each share of Summit that they own. KSF is seeking to determine.

SUMMIT FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Summit Financial Group, Inc. - SMMF

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