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    SMMF — Summit Financial News Story

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    Brief: Summit Financial Group Inc Announces Sale Of Summit Insurance Services

    Picture of Summit Financial logoSummit Financial
    03/05/2019 11:01
    May 3 (Reuters) - Summit Financial Group Inc  SMMF.O :
    * SUMMIT FINANCIAL GROUP, INC. ANNOUNCES SALE OF SUMMIT
INSURANCE
SERVICES
    * SUMMIT FINANCIAL GROUP - AS RESULT OF SALE, SUMMIT EXPECTS
TO
RECORD AN ESTIMATED PRE-TAX GAIN OF $2.06 MILLION IN ITS RESULTS
OF OPERATIONS FOR Q2 2019
    * SUMMIT FINANCIAL GROUP INC - RECOGNIZE AN APPROXIMATE
$0.55 PER
SHARE INCREASE IN ITS TANGIBLE BOOK VALUE PER SHARE IN Q2 FROM
SALE
    * SUMMIT FINANCIAL GROUP - CLIENTS OF SIS WILL NOT SEE ANY
DISRUPTION IN SERVICE, CAN EXPECT TO SOON BENEFIT FROM EXPANDED
LINE OF INSURANCE PRODUCTS, SERVICES.

Source text for Eikon:  ID:nGNX3LZFMc 
Further company coverage:  SMMF.O 

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

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