BackSummit Financial Group Overview

Summit Financial Group Profit Margin

Valuation check: SMMF's profit margin is 24.95%, above the Finance sector average of 17.18%.

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Quarterly Profit Margin

24.15%
35.13% YoY

As of Mar 2024

Annual Profit Margin (TTM)

24.95%
32.77% YoY

Trailing 12 months ending Mar 2024

Average Profit Margin (Comparison Companies)

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Profit Margin History

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Profit Margin Comparison

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Annual Profit Margin Growth Rate (%)

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Summit Financial Group (SMMF) FAQ

The latest profit margin for SMMF is 24.95% as of March 2024. That compares with 37.1% in the prior-year period — down 32.8% year over year. That is above the Finance sector average of 17.18%. Investors often review this figure alongside Summit Financial Group's historical trend and sector peers before judging valuation or financial health.

Over the past year, SMMF's profit margin moved from 37.1% to 24.95% — a 32.8% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Summit Financial Group's valuation or profitability profile.

Against Finance companies, SMMF currently prints 24.95% for profit margin, while the sector average sits near 17.18%. That is roughly 45.2% above the sector mean. Large gaps often invite a closer look at Summit Financial Group's growth, margins, and balance sheet.

Profit Margin shows how effectively Summit Financial Group converts resources into returns. At 24.95%, SMMF may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with 37.1% in the prior-year period — down 32.8% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.

After noting SMMF's profit margin (24.95%), review year-over-year change from 37.1%, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.