Summit Financial Group EBIT

Summit Financial Group (SMMF) currently reports a EBIT of $27M as of March 2024. That compares with $110M in the prior-year period — down 75.8% year over year. That is below the Finance sector average of $340B. Use the charts on this page to explore Summit Financial Group's EBIT history and peer comparisons.

Summit Financial Group's EBIT decreased from $110M to $27M — a 75.8% year-over-year decrease (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Summit Financial Group's EBIT of $27M is lower than the Finance sector average of $340B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Summit Financial Group reported $27M in EBIT as of March 2024. That compares with $110M in the prior-year period — down 75.8% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $27M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Finance average is $340B. From there, open related valuation or income-statement pages for Summit Financial Group, and consider following SMMF for alerts when major investors trade the stock.