Summit Financial Group, Inc. Increases Dividend 18%

MOOREFIELD, W.Va., Feb. 22, 2018 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a first quarter 2018 dividend of $0.13 per share payable on March 30, 2018 to common shareholders of record as of the close of business on March 15, 2018, representing an 18 percent increase compared to the $0.11 paid each quarter in 2017.

Summit Financial Group, Inc. is a $2.1 billion financial holding company headquartered in Moorefield, West Virginia. Summit 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 operates thirty banking locations. Summit also operates Summit Insurance Services, LLC in Moorefield, West Virginia and Leesburg, Virginia.

Contact: Teresa Ely, Director of Shareholder RelationsTelephone: (304) 530-0526Email: [email protected]

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