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Summit Financial Group, Inc. 5.0% 30-SEP-2030

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Overview
Analysis

Key terms


Outstanding amount
‪30.00 M‬USD
Face value
10,000.00USD
Minimum denomination
100,000.00USD
Coupon
5.00% (Variable)
Coupon frequency
Quarterly
Yield to maturity
9.08%
Maturity date
Sep 30, 2030
Term to maturity
5 years

About Summit Financial Group, Inc. 5.0% 30-SEP-2030


Issuer
Summit Financial Group, Inc. (West Virginia)
Sector
Finance
Industry
Regional Banks
Home page
Issue date
Sep 22, 2020
FIGI
BBG00XKLZQP5
Summit Financial Group provides a range of general banking services to customers. The company designs and strategically implements professional benefits, insurance, and investment solutions that help secure a healthy financial future for its clients. The firm is a $2.94 billion financial holding company headquartered in Moorefield, West Virginia. It provides community banking services primarily in the Eastern Panhandle and Southern regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia, through its bank subsidiary, Summit Community Bank, Inc., which now operates more than 40 banking locations. Deeply rooted in the communities they serve, Summit is committed to providing exceptional financial services and customer care while maintaining the traditional values that are important to their clients.
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