SMMF - Dividend announcements

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. In addition, at its meeting on April 25, 2024, the board of directors declared a $0.53 per share regular cash dividend to be paid on June 3, 2024, to shareholders of record as of the close of business on May 15, 2024. Net income totaled $5.2 million for the quarter, compared to $5.1 million the previous quarter and $7.5 million for the same quarter in 2023. Diluted earnings pe

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. The Company, which serves commercial and individual clients across West Virginia, the Washington D.C. metropolitan area, Virginia, Kentucky, the Eastern Shore of Maryland and Delaware through Summit Community Bank, Inc., reported net income applicable to common shares of $16.8 million, or

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. is the $4.6 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, Kentucky, Eastern Shore of Maryland and Delaware. Summit's focus on in-market commercial lending and providing other business banking servic

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. In addition, at its meeting on January 25, 2024, the board of directors declared a $0.53 per share regular cash dividend to be paid on March 1, 2024, to shareholders of record as of the close of business on February 15, 2024. Net income totaled $5.1 million for the quarter compared to $4.1 million the previous quarter and $13.4 million for the same quarter in 2022. Diluted earnings per share for the quarter was $0.67, compared to $0.55 the

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. The Company, which serves commercial and individual clients across West Virginia, the Washington D.C. metropolitan area, Virginia, Kentucky, the Eastern Shore of Maryland and Delaware through Summit Community Bank, Inc., r

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. is the $4.6 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, Kentucky, Eastern Shore of Maryland and Delaware. Summit's focus on in-market commercial lending and providing other business banking

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. The Company's continued success underscores its position as an exceptional community bank, reflecting a sound strategy and solid operational execution. The Company, which serves commercial and individual clients across West Virginia, the Washington D.C. metropolitan area, Virginia, Kentucky, the Eastern Shore of Maryland and Delaware through Summit Community Bank, Inc., reported net i

MOOREFIELD, W.Va., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) announces its Board of Directors recently declared a third quarter 2023 dividend of $0.22 per share payable on September 29, 2023 to common shareholders of record as of the close of business on September 15, 2023, representing a 10 percent increase compared to $0.20 paid in Q2 2023. Summit Financial Group, Inc. is the $4.6 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, Kentucky, Eastern Shore of Maryland and Delaware. Summit's foc

MOOREFIELD, W. Va., July 27, 2023 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ:SMMF) today reported financial results for the second quarter of 2023, showcasing strong core operating performance marked by notable strength in its net interest margin. The Company's continued success underscores its position as a reliable partner in the financial services industry, reflecting a sound strategy and solid operational execution. The Company, which serves commercial and individual clients across West Virginia, the Washington D.C. metropolitan area, Virginia, Kentucky, the Eastern Shore of Maryland and Delaware through Summit Communi

MOOREFIELD, W.Va., May 25, 2023 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) announces its Board of Directors recently declared a second quarter 2023 dividend of $0.20 per share payable on June 30, 2023 to common shareholders of record as of the close of business on June 15, 2023. Summit Financial Group, Inc. is the $4.5 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, Kentucky, Eastern Shore of Maryland and Delaware. Summit's focus on in-market commercial lending and providing other business banking services

MOOREFIELD, W.Va., April 27, 2023 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ:SMMF) today reported financial results for the first quarter of 2023, revealing a strong earnings performance marked by notable growth in both loans and total revenue. The Company's continued success underscores its position as a reliable partner in the financial services industry, reflecting a sound strategy and solid operational execution. The Company, which serves commercial and individual clients across West Virginia, the Washington D.C. metropolitan area, Virginia and Kentucky through Summit Community Bank, Inc., reported net income applicable to common shares of $13.9 m

MOOREFIELD, W.Va., Feb. 24, 2023 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) announces its Board of Directors recently declared a first quarter 2023 dividend of $0.20 per share payable on March 31, 2023 to common shareholders of record as of the close of business on March 15, 2023. Summit Financial Group, Inc. is the $3.9 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit's focus on in-market commercial lending and providing other business banking services in dynamic markets is designed to

MOOREFIELD, W.V., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ:SMMF) today reported financial results for the fourth quarter of 2022, including continued strong earnings on growth in loans and total revenue. The Company, which serves commercial and individual clients across West Virginia, the Washington D.C. metropolitan area, Virginia and Kentucky through Summit Community Bank, Inc., reported net income applicable to common shares of $14.9 million, or $1.16 per diluted share, for the fourth quarter of 2022, as compared to $14.2 million, or $1.11 per diluted share, for the third quarter of 2022 and $12.4 million, or $0.95 per diluted share

MOOREFIELD, W.V., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) announces its Board of Directors today declared a fourth quarter 2022 dividend of $0.20 per share payable on December 30, 2022 to common shareholders of record as of the close of business on December 15, 2022. Summit Financial Group, Inc. is the $3.9 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit's focus on in-market commercial lending and providing other business banking services in dynamic markets is designed

MOOREFIELD, W.Va., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ:SMMF) today reported financial results for the third quarter of 2022, including continued strong earnings on growth in loans and total revenue. The Company, which serves commercial and individual clients across West Virginia, the Washington D.C. metropolitan area, Virginia and Kentucky through Summit Community Bank, Inc., reported net income applicable to common shares of $14.2 million, or $1.11 per diluted share, for the third quarter of 2022, as compared to $11.8 million, or $0.92 per diluted share, for the second quarter of 2022 and $12.0 million, or $0.92 per diluted share

MOOREFIELD, W.Va., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) announces its Board of Directors today declared a third quarter 2022 dividend of $0.20 per share payable on September 30, 2022 to common shareholders of record as of the close of business on September 15, 2022, representing an 11 percent increase compared to the $0.18 paid in Q2 2022. Summit Financial Group, Inc. is the $3.76 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit's focus on in-market commercial lendin

MOOREFIELD, W. Va., July 28, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ:SMMF) today reported financial results for the second quarter of 2022, including continued strong earnings on growth in total revenue and loans. The Company, which serves commercial and individual clients across West Virginia, the Washington D.C. metropolitan area, Virginia and Kentucky through Summit Community Bank, Inc., reported net income applicable to common shares of $11.8 million, or $0.92 per diluted share, for the second quarter of 2022, as compared to $11.5 million, or $0.90 per diluted share, for the first quarter of 2022 and $10.4 mill

MOOREFIELD, W.Va., May 31, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announces its Board of Directors recently declared a second quarter 2022 dividend of $0.18 per share payable on June 30, 2022 to common shareholders of record as of the close of business on June 15, 2022. Summit Financial Group, Inc. is the $3.64 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit's focus on in-market commercial lending and providing other business banking services in dynamic markets is design

MOOREFIELD, W.Va., April 28, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ:SMMF) today reported continued strong financial results for the first quarter of 2022, including double-digit annualized growth in loans, record net interest income, sequential net interest margin ("NIM") expansion, improving asset quality and low operating expenses. The Company, which serves commercial and individual clients across West Virginia, the Washington metropolitan area, Virginia and Kentucky through Summit Community Bank, Inc., reported net income applicable to common shares of $11.5 million, or $0.90 per diluted share, for the first quarter of 2022, $12.4 millio

MOOREFIELD, W.V., Feb. 25, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announces its Board of Directors recently declared a first quarter 2022 dividend of $0.18 per share payable on March 31, 2022 to common shareholders of record as of the close of business on March 15, 2022. Summit Financial Group, Inc. is the $3.58 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit's focus on in-market commercial lending and providing other business banking services in dynamic markets is desig

MOOREFIELD, W.Va., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ:SMMF) today reported continued strong financial results for the fourth quarter of 2021, including growth in earnings, net interest income, revenue, and commercial and total loans to new record levels, while maintaining sustained asset quality strength and expense discipline. The Company, which serves commercial and individual clients across West Virginia, the Washington metropolitan area, Virginia and Kentucky through Summit Community Bank, Inc., grew fourth quarter 2021 net income applicable to common shares to $12.4 million, or $0.95 per diluted share. Earnings increased 2.8

MOOREFIELD, W.V. , Nov. 18, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announces its Board of Directors recently declared a fourth quarter 2021 dividend of $0.18 per share payable on December 31, 2021 to common shareholders of record as of the close of business on December 15, 2021. Summit Financial Group, Inc. is the $3.51 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit's focus on in-market commercial lending and providing other business banking services in dynamic markets

MOOREFIELD, W.Va., Aug. 27, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announces its Board of Directors recently declared a third quarter 2021 dividend of $0.18 per share payable on September 30, 2021 to common shareholders of record as of the close of business on September 15, 2021. Summit Financial Group, Inc. is a $3.27 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia, the Northern, Shenandoah Valley and Southwestern regions of Virginia and the Central region of Kentucky, through its b

MOOREFIELD, W.Va., May 28, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announces its Board of Directors recently declared a second quarter 2021 dividend of $0.17 per share payable on June 30, 2021 to common shareholders of record as of the close of business on June 15, 2021. Summit Financial Group, Inc. is a $3.25 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia, the Northern, Shenandoah Valley and Southwestern regions of Virginia and the Central region of Kentucky, through its bank subsidia

MOOREFIELD, W.Va., April 22, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. ("Company" or "Summit") (NASDAQ:SMMF) today reported first quarter 2021 net income of $10.4 million, or $0.80 per diluted share, both representing a quarterly record. In comparison, earnings for fourth quarter 2020 were $10.3 million, or $0.79 per diluted share, and for first quarter 2020 were $4.51 million, or $0.35 per diluted share. H. Charles Maddy, III, President and Chief Executive Officer commented, "For the second consecutive quarter, Summit achieved both record quarterly earnings per share and net income in Q1 2021. I am particularly pleased by our continued strong core operating performance, highl

MOOREFIELD, W.Va., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a first quarter 2021 dividend of $0.17 per share payable on March 31, 2021 to common shareholders of record as of the close of business on March 15, 2021. Summit Financial Group, Inc. is a $3.11 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia, the Northern, Shenandoah Valley and Southwestern regions of Virginia and the Central region of Kentucky, through its bank subsi

MOOREFIELD, W.Va., Feb. 01, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported fourth quarter 2020 net income of $10.3 million, or $0.79 per diluted share, both representing a quarterly record. In comparison, earnings for third quarter 2020 were $9.62 million, or $0.74 per diluted share, and for fourth quarter 2019 were $8.15 million, or $0.65 per diluted share. For the full year 2020, Summit recorded net income of $31.3 million, or $2.41 per diluted share, compared with $31.9 million, or $2.53 per diluted share, for 2019, representing a decrease of 1.7 percent or 4.7 percent per diluted share. The principal factor negatively impact