SSS

Summit Financial Group, Inc. 3.25% 01-DEC-2031

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Overview
Analysis

SMMF5363109 analysis



Key facts


Issuer
Summit Financial Group, Inc. (West Virginia)
Issue date
Mar 21, 2022
Maturity date
Dec 1, 2031
Outstanding amount
‪60.75 M‬USD
Face value
1,000.00USD
Minimum denomination
100,000.00USD
Coupon
3.25% (Variable)
Yield to maturity
6.56%
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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