Summit Financial Income Statement - Quarterly (NASDAQ:SMMF)

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$21.17 $0.12 (0.56%) SMMF stock closing price Jul 21, 2017 (Closing)

Looking at financial statements, along with the Summit Financial stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. The income statement is generated for a specific period of time. The revenue decrease of $20.25M for 2017-Q1 impacts the SMMF stock. Investors typically check year over year or quarter over quarter revenue growth. 2017-Q1 revenue is $20.25M and has decreased from $20.74M quarter on quarter as is evident when you compare the latest figures in the latest Summit Financial profit and loss statement with those of the prior corresponding period. (See also:Summit Financial assets and Summit Financial free cash flow) View details of revenue and profits for Summit Financial for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4
Summit Financial Net Sales or Revenues
20.25M20.74M18.66M18.33M17.97M17.82M17.52M17.52M17.88M17.27M
Cost Of Goods Sold (COGS)2.39M2.44M2.2M2.15M2.17M2.09M2.1M2.07M2.07M2.14M
Summit Financial Gross Profit
17.86M18.31M16.44M16.17M15.8M15.74M15.41M15.44M15.81M15.15M
Research & Development Expense----------
Selling General & Admin Expense19.06M8.72M8.28M8.48M8.64M8.7M9.07M8.51M8.4M9.07M
Income Before Depreciation Depletion Amortization-1.19M9.61M8.15M7.69M7.15M7.05M6.34M6.93M7.4M6.1M
Depreciation Depletion Amortization0.09M0.09M0.05M0.05M0.05M0.05M0.05M0.05M0.05M0.06M
Non Operating Income0.1M0.59M0.08M0.15M0.11M-----
Interest Expense1.65M1.86M1.66M1.39M1.21M1.14M1.12M1.12M1.15M1.38M
Summit Financial Pretax Income
-3.05M7.07M6.36M6.09M5.78M5.87M5.17M5.75M6.2M4.67M
Provision for Income Taxes-1.44M2.37M2.08M1.84M1.71M1.72M1.51M1.74M1.92M1.47M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-1.62M4.71M4.28M4.24M4.06M4.15M3.66M4.01M4.29M3.2M
Extraordinary Items & Discontinued Operations----------
Summit Financial Net Income (Profit/Loss)
-1.62M4.71M4.28M4.24M4.06M4.15M3.66M4.01M4.29M3.2M
Average Shares used to compute Diluted EPS10.74M10.76M10.73M10.7M10.68M10.67M10.71M10.68M10.49M9.96M
Average Shares used to compute Basic EPS10.74M10.71M10.69M10.68M10.67M10.66M10.7M10.67M8.82M7.8M
Income Before Nonrecurring Items4.61M4.71M4.38M3.92M4.06M4.15M3.66M4.01M4.44M3.2M
Income from Nonrecurring Items-6.23M--0.1M0.32M-----0.15M-
Summit Financial Earnings Per Share Basic Net
-0.150.440.400.400.380.390.340.380.490.39
Summit Financial Earnings Per Share Diluted Net
-0.150.440.400.400.380.390.340.380.410.32
EPS Diluted Before Nonrecurring Items0.430.440.410.370.370.390.340.380.420.32
Preferred Dividends Acc Pd----------
Dividends Common1.371.07--------
Dividend Per Share Common0.110.100.100.100.100.080.080.080.08-
All figures in USD. M: Millions of USD, B: Billions of USD.
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Summit Financial stock analysis involves checking at least a few of the important things like:
  • Topline: A growing topline, as seen from the Summit Financial revenue chart, as is not the case with Summit Financial indicates a sagging business. One needs to compare the QoQ or YoY topline growth of SMMF stock with its peers like HBOS stock and SFST stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $-1.62M for Summit Financial for 2017-Q1. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Summit Financial historical stock prices to check how the price has moved with time. .

Summit Financial Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
19.4220
PS ratio (
price sales ratio
)
2.9157
Operating margin
-6.3
Net profit margin
-8
Dividend yield
1.94%