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BRIEF-Summit Financial Group Reports Q2 2022 EPS Of $0.92 On Revenue And Loan Growth

BRIEF-Summit Financial Group Reports Q2 2022 EPS Of $0.92 On Revenue And Loan Growth

Reuters · 07/28/2022 06:06
BRIEF-Summit Financial Group Reports Q2 2022 EPS Of $0.92 On Revenue And Loan Growth

- Summit Financial Group Inc SMMF:

  • SUMMIT FINANCIAL GROUP REPORTS SECOND QUARTER 2022 EPS OF $0.92 ON REVENUE AND LOAN GROWTH

  • Q2 EARNINGS PER SHARE $0.92

  • Q2 REVENUE $317,000

  • QTRLY NET INTEREST INCOME $30.97 MILLION, UP 15.5%

  • REPORTED NET INCOME APPLICABLE TO COMMON SHARES OF $11.8 MILLION, OR $0.92 PER DILUTED SHARE, FOR Q2 OF 2022

  • INCURRED $2.00 MILLION PROVISION FOR CREDIT LOSSES IN QUARTER

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Further company coverage: SMMF


((Reuters.Briefs@thomsonreuters.com;))