Summit Financial: Q1 Earnings Snapshot
By AP News
Published - Apr 27, 2023, 06:12 AM ET
Last Updated - Jun 22, 2023, 03:07 AM EDT
MOOREFIELD, W.Va. (AP) — MOOREFIELD, W.Va. (AP) — Summit Financial Group Inc. (SMMF) on Thursday reported net income of $14.1 million in its first quarter.
The bank, based in Moorefield, West Virginia, said it had earnings of $1.08 per share.
The financial holding company posted revenue of $54.9 million in the period. Its revenue net of interest expense was $38.6 million, which topped Street forecasts.
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