Return On Equity	(Dec 31 2023) 2023	(Dec 31 2022) 2022	(Dec 31 2021) 2021	(Dec 31 2020) 2020	(Dec 31 2019) 2019
Y / Y Equity Change	24.17 %	8.26 %	16.3 %	13.65 %	12.71 %
Y / Y Net Income Change	3.87 %	14.38 %	46.01 %	-1.69 %	13.52 %
Return On Equity	12.34 %	14.76 %	13.97 %	11.13 %	12.86 %

SMMF all Ratios >> Back to SMMF Management Effectiveness >> See Quarterly SMMF Return On Equity

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Roe Comment

In (Dec 31 2023) ROE detoriated to 12.34 %, despite net income growth.

Financial Statements
Summit Financial Group Inc 's Equity	$ 440 Millions	Annual SMMF's Balance sheet
Summit Financial Group Inc 's Annual Income	$ 54 Millions	Annual SMMF's Income Statement
Where are SMMF's Income coming from?		Visit SMMF's Income by Segment

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