Summit Financial Group Inc (SMMF) Return on Investment ROI from the first quarter of 2024 to first quarter of 2023 and for the year 2024, average high and low, overall ranking from Mar 31 2024 to Mar 31 2023 - CSIMarket
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Summit Financial Group Inc   (NASDAQ: SMMF)
    Sector • Financial    Industry • Regional Banks
   Industry • Regional Banks
   Sector • Financial


Summit Financial Group Inc's ROI from its first quarter of 2024 to the first quarter of 2023 and 5 Year Period

Return on Investment, Quarterly Results, Trends, Rankings, Statistics

What is Summit Financial Group Inc's ROI in the first quarter of 2024?
Summit Financial Group Inc achieved a return on average invested assets (ROI) of 1.24 % in its first quarter of 2024, which is below Summit Financial Group Inc's average return on investment, which stands at 5.99%.

ROI has improved compared to 1.22% in the fourth quarter of 2023, due to net income growth.

Within the Financial sector 470 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the fourth quarter of 2023 from 1472 to 2164.

Definition and Formula of Return on Investment



Return On Investment (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Investment Change TTM 50.14 % 102.01 % 217.38 % 760.63 % 580.19 %
Y / Y Net Income Change TTM 5.11 % 3.87 % 38.18 % 112.89 % 366.08 %
Investment (TTM) in Millions 4,643 4,634 4,604 4,552 3,977
Return On Investment (TTM) 1.24 % 1.22 % 1.23 % 1.24 % 1.78 %
SMMF's Overall Ranking # 2164 # 1472 # 2102 # 2216 # 2052
Seq. Investment Change TTM 3.75 % 4.21 % 4.39 % 33.04 % 39.59 %
Seq. Net Income Change TTM 5.42 % 3.74 % 3.78 % -7.39 % 4.17 %
Net Income (TTM) in Millions 57 54 52 50 54




Return On Investment SMMF's Ranking
Within: No.
Industry # 61
Sector # 471
Overall # 2164

Return On Investment Statistics
High Average Low
11.42 %
5.99 %
1.22 %
(Sep 30 2019)   (Dec 31 2023)







Financial Statements
Summit Financial Group Inc's I. Quarter Investments $ 4,643 Millions SMMF's Balance sheet
Summit Financial Group Inc's I. Quarter Income $ 17 Millions Quarterly SMMF's Income Statement
SMMF's Income by Division See SMMF's Income by Division


SMMF Annual Return On Investment (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Investments in Millions 4,634 3,917 493 371 291
Y / Y Investment Growth 18.32 % 693.68 % 33.16 % 27.39 % 13.34 %
Net Income in Millions 54 52 46 31 32
Y / Y Net Income Growth 3.87 % 14.38 % 46.01 % -1.69 % 13.52 %
Annual Return On Investment 1.17 % 1.34 % 9.27 % 8.45 % 10.95 %


Annual Roi Comment
In the fiscal year 2023 ROI deteriorated to 1.17 %, despite net income growth.

Definition and Formula of Return on Investment

Other ROI Ratios
Regional Banks Industry Roi Trends and Statistics
Financial Sector Return On Investment Statistics
Roi Trends for overall market
SMMF's Roi Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Subscribers only: Roi for SMMF's Competitors
Subscribers only: Roi for Summit Financial Group Inc's Suppliers
Subscribers only: Return On Investment for SMMF's Customers

Other Ratios
SMMF's Roa SMMF's Inventory Turnover Ratio SMMF's Growth Rates SMMF's Dividend Statistics
SMMF's Profitability Ratios SMMF's Asset Turnover Ratio SMMF's Dividend Growth
SMMF's Roe SMMF's Valuation Ratios SMMF's Financial Strength Ratios SMMF's Dividend Payout Ratio



Companies with similar Return On Investment at Mar 31 2024, within Financial Sector ROI
Saul Centers Inc   3.41 %
Strawberry Fields Reit Inc   3.39 %
Firstsun Capital Bancorp  3.39 %
Acri Capital Acquisition Corp  3.38 %
Brixmor Property Group Inc   3.35 %
Concord Acquisition Corp Ii  3.35 %
The Bancorp Inc   3.31 %
Global Self Storage Inc   3.31 %
Tortoiseecofin Acquisition Corp Iii  3.29 %
Embrace Change Acquisition Corp   3.27 %
Seven Hills Realty Trust  3.22 %
Aimfinity Investment Corp I  3.22 %
Equinix Inc   3.19 %
Caretrust Reit Inc   3.19 %
American Homes 4 Rent  3.17 %
Farmland Partners Inc   3.16 %
Epr Properties  3.12 %
Silverbox Corp Iii  3.11 %
Target Global Acquisition I Corp   3.09 %
Universal Insurance Holdings Inc   3.08 %
Blue World Acquisition Corp  3.07 %
Tmt Acquisition Corp  3.06 %
Mercury General Corporation  3.06 %
Selective Insurance Group Inc  3.06 %
W P Carey Inc   3.01 %
Finwise Bancorp  3.00 %
U S Global Investors Inc  2.99 %
Apx Acquisition Corp I  2.97 %
Broadstone Net Lease Inc   2.96 %
American Financial Group Inc   2.94 %


Date modified: 2026-09-12T06:19:04+00:00



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