What is ROE for Summit Financial Group Inc in the forth quarter 2023?
Summit Financial Group Inc achieved a return on average equity (ROE) of
13.26 % in its forth quarter 2023, this is above SMMF's average return on equity of 12.18%.
Summit Financial Group Inc shareholder's equity over the 12 months ending in its forth quarter 2023 are valued at $410 million
ROE fell compared to the third quarter 2023, despite the net income growth of 1.65% from the third quarter 2023.
Within the
Regional Banks industry 37 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
821, from total ROE ranking in the third quarter 2023 at
1024.
What is ROE?