Piper Sandler upgraded Summit Financial from Neutral to Overweight and set a new price target of $26.00 from $25.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/30/2021 | $25.00 → $26.00 | Neutral → Overweight | Piper Sandler |
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
Burke & Herbert Annual Shareholder Meeting Date Established ALEXANDRIA, Va. and MOOREFIELD, W.Va., April 19, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. ("Burke & Herbert") (NASDAQ:BHRB) and Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announced receipt of all required regulatory approvals or waivers necessary to complete the previously announced merger of equals pursuant to the Agreement and Plan of Reorganization, dated as of August 24, 2023, by and between Burke & Herbert and Summit. The merger is expected to close on May 3, 2024, pending satisfaction of customary closing conditions.
Piper Sandler upgraded Summit Financial from Neutral to Overweight and set a new price target of $26.00 from $25.00 previously
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SC 13D/A - SUMMIT FINANCIAL GROUP, INC. (0000811808) (Subject)
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4 - SUMMIT FINANCIAL GROUP, INC. (0000811808) (Issuer)
4 - SUMMIT FINANCIAL GROUP, INC. (0000811808) (Issuer)
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
Summit Finl Gr (NASDAQ:SMMF) reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $1.07 by 6.54 percent. This is a 3.64 percent increase over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $45.001 million which beat the analyst consensus estimate of $44.674 million by 0.73 percent. This is a 16.66 percent increase over sales of $38.575 million the same period last year.
Burke & Herbert Annual Shareholder Meeting Date EstablishedALEXANDRIA, Va. and MOOREFIELD, W.Va., April 19, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. ("Burke & Herbert") (NASDAQ:BHRB) and Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announced receipt of all required regulatory approvals or waivers necessary to complete the previously announced merger of equals pursuant to the Agreement and Plan of Reorganization, dated as of August 24, 2023, by and between Burke & Herbert and Summit. The merger is expected to close on May 3, 2024, pending satisfaction of customary closing conditions.In addition, the Burke & Herbert board of directors has established July 15
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EFFECT - SUMMIT FINANCIAL GROUP, INC. (0000811808) (Filer)