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SmartFinancial (SMBK) Financials

SmartFinancial logo
$40.57 +0.52 (+1.30%)
Closing price 05/18/2026 03:59 PM Eastern
Extended Trading
$40.54 -0.03 (-0.07%)
As of 04:07 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for SmartFinancial

Annual Income Statements for SmartFinancial

This table shows SmartFinancial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 1.39 4.78 4.82 18 27 24 35 43 29 36 50
Consolidated Net Income / (Loss)		 1.51 5.80 5.02 18 27 24 35 43 29 36 50
Net Income / (Loss) Continuing Operations		 1.51 5.80 5.01 18 27 24 35 43 29 36 50
Total Pre-Tax Income 		3.15 9.16 11 21 33 31 44 55 36 45 62
Total Revenue		 27 42 51 83 99 116 137 165 152 172 200
Net Interest Income / (Expense)		 25 38 46 77 84 101 113 138 130 137 166
Total Interest Income		 28 43 52 92 108 118 125 159 218 251 286
Loans and Leases Interest Income		 26 40 49 86 101 112 119 136 186 214 249
Investment Securities Interest Income		 1.86 2.55 2.86 4.10 4.81 3.79 5.03 14 18 22 22
Other Interest Income		 0.16 0.25 0.35 1.64 2.65 1.51 1.62 8.49 13 16 15
Total Interest Expense		 2.76 4.30 5.69 16 25 17 12 21 88 114 120
Deposits Interest Expense		 2.63 4.11 5.52 14 22 14 8.85 18 84 109 115
Long-Term Debt Interest Expense		 - - 0.11 0.60 2.66 3.15 2.99 3.11 3.70 4.51 5.12
Total Non-Interest Income		 2.24 4.18 5.03 6.58 15 15 24 28 22 34 34
Service Charges on Deposit Accounts		 - - - - 2.90 3.40 4.65 5.85 6.51 6.86 7.16
Other Service Charges		 2.04 2.84 3.61 5.15 9.87 6.58 13 16 16 20 18
Net Realized & Unrealized Capital Gains on Investments		 0.21 1.34 1.42 1.43 1.60 3.88 4.09 0.14 -6.80 0.06 0.24
Investment Banking Income		 - - - - 0.95 1.57 2.17 4.14 5.11 5.95 6.58
Other Non-Interest Income		 - - - - - - - 1.55 1.04 1.58 2.67
Provision for Credit Losses		 0.92 0.79 0.78 2.94 2.60 8.68 1.63 4.02 3.03 5.15 7.75
Total Non-Interest Expense		 23 32 39 59 63 77 91 106 113 121 131
Salaries and Employee Benefits		 12 18 21 31 37 43 52 63 66 72 78
Net Occupancy & Equipment Expense		 3.88 5.89 6.15 8.21 8.71 13 17 19 23 24 24
Marketing Expense		 0.45 0.62 0.64 0.87 0.98 0.83 0.83 1.29 1.34 1.32 1.62
Property & Liability Insurance Claims		 0.49 0.61 0.47 0.79 0.14 1.19 1.83 2.67 3.16 3.39 4.00
Other Operating Expenses		 6.28 7.37 8.37 14 12 13 15 16 17 18 20
Amortization Expense		 0.23 0.31 0.35 0.98 1.37 1.74 2.26 2.61 2.62 2.43 2.15
Restructuring Charge		 - 0.00 2.42 3.78 3.22 4.57 3.70 0.56 0.11 0.00 1.33
Income Tax Expense		 1.64 3.36 6.43 3.23 6.90 6.56 9.53 12 7.63 9.32 11
Basic Earnings per Share		 $0.35 $0.82 $0.56 $1.46 $1.90 $1.63 $2.23 $2.57 $1.70 $2.16 $3.00
Weighted Average Basic Shares Outstanding		 3.99M 5.84M 8.64M 12.42M 13.95M 14.96M 15.57M 16.74M 16.81M 16.77M 16.78M
Diluted Earnings per Share		 $0.32 $0.78 $0.55 $1.45 $1.89 $1.62 $2.22 $2.55 $1.69 $2.14 $2.98
Weighted Average Diluted Shares Outstanding		 4.28M 6.12M 8.79M 12.52M 14.05M 15.02M 15.70M 16.87M 16.91M 16.88M 16.90M
Weighted Average Basic & Diluted Shares Outstanding		 5.81M 8.21M 11.23M 13.95M 15.34M 15.11M 16.89M 17.00M 17.06M 17.02M 17.10M
Cash Dividends to Common per Share		 - - - - $0.05 $0.20 $0.24 $0.28 $0.32 $0.32 $0.32

Quarterly Income Statements for SmartFinancial

This table shows SmartFinancial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 8.84 2.07 6.19 9.36 8.00 9.14 9.64 11 12 14 14
Consolidated Net Income / (Loss)		 8.84 2.07 6.19 9.36 8.00 9.14 9.64 11 12 14 14
Net Income / (Loss) Continuing Operations		 8.84 2.07 6.19 9.36 8.00 9.14 9.64 11 12 14 14
Total Pre-Tax Income 		11 2.39 7.83 12 10 11 12 14 14 17 17
Total Revenue		 39 32 39 40 40 44 47 47 49 51 53
Net Interest Income / (Expense)		 32 31 32 32 33 35 38 38 40 42 45
Total Interest Income		 52 55 57 60 61 64 66 66 69 75 76
Loans and Leases Interest Income		 45 48 49 50 51 55 58 58 61 64 66
Investment Securities Interest Income		 4.69 4.69 4.70 4.90 5.67 5.58 5.40 5.13 5.24 5.32 6.20
Other Interest Income		 1.96 3.05 4.03 4.86 4.76 3.64 2.74 3.49 3.16 4.92 3.85
Total Interest Expense		 21 24 26 28 28 29 28 28 29 32 31
Deposits Interest Expense		 20 23 25 27 27 27 27 27 28 30 29
Long-Term Debt Interest Expense		 0.97 0.84 1.05 1.03 1.03 1.57 0.88 0.80 0.81 1.62 1.89
Total Non-Interest Income		 7.13 0.69 7.58 8.38 7.60 9.14 9.03 8.60 8.90 8.64 8.22
Service Charges on Deposit Accounts		 1.66 1.74 1.67 1.61 1.69 1.78 1.78 1.74 1.77 1.83 1.83
Other Service Charges		 3.84 3.99 4.34 5.11 4.26 5.07 5.26 4.60 5.06 4.17 3.87
Investment Banking Income		 1.30 1.46 1.34 1.38 1.30 1.88 1.38 1.77 1.44 1.69 1.68
Other Non-Interest Income		 0.33 0.31 0.23 0.28 0.35 0.41 0.54 0.49 0.63 0.71 0.84
Provision for Credit Losses		 0.11 0.80 1.57 -0.44 0.88 2.58 2.14 0.98 2.41 0.23 4.13
Total Non-Interest Expense		 27 29 30 29 29 31 32 32 33 34 32
Salaries and Employee Benefits		 16 17 16 17 17 18 20 19 20 20 20
Net Occupancy & Equipment Expense		 5.55 5.93 5.84 5.86 5.78 5.94 5.97 6.05 6.08 6.06 5.80
Marketing Expense		 0.31 0.35 0.34 0.30 0.30 0.33 0.40 0.38 0.39 0.45 0.39
Property & Liability Insurance Claims		 0.88 0.83 0.92 0.92 0.83 0.83 0.83 0.96 0.99 1.03 1.03
Other Operating Expenses		 4.06 3.88 5.69 4.22 4.44 4.70 4.75 5.10 4.94 4.94 4.84
Amortization Expense		 0.68 0.65 0.64 0.61 0.61 0.60 0.60 0.57 0.57 0.54 0.48
Income Tax Expense		 2.35 0.32 1.64 2.63 2.33 1.61 2.75 2.31 2.56 3.29 3.01
Basic Earnings per Share		 $0.53 $0.12 $0.36 $0.56 $0.48 $0.55 $0.57 $0.67 $0.70 $0.82 $0.81
Weighted Average Basic Shares Outstanding		 16.81M 16.81M 16.81M 16.85M 16.77M 16.73M 16.77M 16.77M 16.78M 16.78M 16.78M
Diluted Earnings per Share		 $0.52 $0.12 $0.37 $0.55 $0.48 $0.54 $0.57 $0.67 $0.69 $0.81 $0.81
Weighted Average Diluted Shares Outstanding		 16.90M 16.92M 16.91M 16.93M 16.85M 16.84M 16.88M 16.87M 16.88M 16.91M 16.90M
Weighted Average Basic & Diluted Shares Outstanding		 17.00M 16.99M 17.06M 17.06M 16.92M 16.93M 17.02M 17.02M 17.02M 17.03M 17.10M

Annual Cash Flow Statements for SmartFinancial

This table details how cash moves in and out of SmartFinancial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 33 -11 44 2.80 68 298 563 -779 86 35 77
Net Cash From Operating Activities		 2.34 12 1.24 21 30 29 46 57 40 53 62
Net Cash From Continuing Operating Activities		 2.34 12 1.24 21 30 29 46 57 40 53 62
Net Income / (Loss) Continuing Operations		 1.51 5.80 5.02 18 27 24 35 43 29 36 50
Consolidated Net Income / (Loss)		 1.51 5.80 5.02 18 27 24 35 43 29 36 50
Provision For Loan Losses		 0.92 0.79 0.78 2.94 2.60 8.68 1.63 4.02 3.03 5.15 7.75
Depreciation Expense		 1.09 2.19 -1.69 3.29 4.30 6.02 6.75 10 11 8.99 7.59
Amortization Expense		 - - - -7.01 -5.71 1.74 2.26 0.45 2.62 2.43 2.15
Non-Cash Adjustments to Reconcile Net Income		 -0.07 -1.21 0.12 5.17 -3.17 -12 1.37 1.94 4.93 -3.03 -6.60
Changes in Operating Assets and Liabilities, net		 -1.11 4.02 -2.98 -1.67 5.30 -0.12 -0.61 -2.67 -10 3.02 0.49
Net Cash From Investing Activities		 -7.94 -54 -51 -95 -95 -259 -265 -841 -135 -420 -499
Net Cash From Continuing Investing Activities		 -7.94 -54 -51 -95 -95 -259 -265 -841 -135 -420 -499
Purchase of Property, Leasehold Improvements and Equipment		 -1.08 -6.99 -2.80 -3.85 -6.27 -5.44 -2.38 -12 -6.27 -6.41 -2.39
Purchase of Investment Securities		 -73 -106 -131 -194 -136 -389 -515 -906 -345 -638 -686
Sale of Property, Leasehold Improvements and Equipment		 5.53 1.28 - - - 0.00 0.00 1.46 0.68 4.70 0.12
Sale and/or Maturity of Investments		 27 57 83 98 48 89 237 81 215 220 189
Net Cash From Financing Activities		 39 32 94 77 133 528 782 5.37 181 403 514
Net Cash From Continuing Financing Activities		 39 32 94 77 133 528 782 5.37 181 403 514
Net Change in Deposits		 54 49 50 95 125 485 781 56 191 419 466
Issuance of Debt		 - - 0.00 39 154 340 8.20 31 26 160 101
Issuance of Common Equity		 4.04 0.80 38 1.53 0.44 0.34 0.20 0.40 0.17 0.07 0.15
Repayment of Debt		 - - - - -139 -290 -1.10 -76 -31 -167 -47
Repurchase of Common Equity		 - - - - 0.00 -4.31 -1.21 0.00 0.00 -2.97 0.00
Payment of Dividends		 -0.12 -0.75 -0.20 0.00 -0.70 -2.99 -3.73 -4.72 -5.43 -5.42 -5.45
Other Financing Activities, Net		 -19 -17 18 -59 -5.57 -0.38 -1.51 -0.52 0.30 -0.83 -1.43
Cash Interest Paid		 2.61 4.31 5.40 15 24 17 12 21 85 114 116
Cash Income Taxes Paid		 1.98 3.75 3.53 0.86 6.77 8.61 9.28 12 9.35 8.77 12

Quarterly Cash Flow Statements for SmartFinancial

This table details how cash moves in and out of SmartFinancial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Change in Cash & Equivalents		 -68 161 -48 126 -135 -150 195 35 -58 192 -93
Net Cash From Operating Activities		 9.98 6.68 12 7.08 17 12 17 14 14 17 17
Net Cash From Continuing Operating Activities		 9.98 6.68 12 7.08 17 12 17 14 14 17 17
Net Income / (Loss) Continuing Operations		 8.84 2.07 6.19 9.36 8.00 9.14 9.64 11 12 14 14
Consolidated Net Income / (Loss)		 8.84 2.07 6.19 9.36 8.00 9.14 9.64 11 12 14 14
Provision For Loan Losses		 0.11 0.80 1.57 -0.44 0.88 2.58 2.14 0.98 2.41 0.23 4.13
Depreciation Expense		 2.89 2.87 2.50 2.46 2.21 2.23 2.09 2.17 2.15 1.96 1.31
Amortization Expense		 0.68 0.65 0.64 0.61 0.61 0.60 0.60 0.57 0.57 0.54 0.48
Non-Cash Adjustments to Reconcile Net Income		 0.55 4.89 -2.49 -0.38 1.47 -3.25 -0.87 3.12 -2.82 -5.00 -1.90
Changes in Operating Assets and Liabilities, net		 -3.09 -4.59 3.29 -4.53 3.37 1.10 3.09 -3.81 0.01 5.48 -1.20
Net Cash From Investing Activities		 -46 86 -79 -3.02 -73 -161 -184 -99 -133 -95 -171
Net Cash From Continuing Investing Activities		 -46 86 -79 -3.02 -73 -161 -184 -99 -133 -95 -171
Purchase of Property, Leasehold Improvements and Equipment		 -1.50 -0.96 -2.25 -2.91 -1.10 -1.06 -1.33 -0.93 -0.78 -0.33 -0.35
Purchase of Investment Securities		 -58 -79 -102 -115 -136 -175 -211 -112 -149 -236 -190
Sale and/or Maturity of Investments		 14 166 25 112 63 16 28 13 16 141 18
Net Cash From Financing Activities		 -32 69 19 122 -79 -1.79 362 120 61 270 62
Net Cash From Continuing Financing Activities		 -32 69 19 122 -79 -1.71 362 120 62 270 62
Net Change in Deposits		 -30 47 21 126 -77 5.85 364 122 63 179 102
Issuance of Debt		 - - 0.28 - - 151 5.10 - - 99 1.49
Issuance of Common Equity		 - - - 0.04 - 0.03 - 0.06 - 0.09 -0.00
Repayment of Debt		 -28 22 -0.28 -2.00 -2.00 -157 -6.10 0.00 -1.00 -4.00 -42
Payment of Dividends		 -1.36 -1.36 -1.36 -1.36 -1.35 -1.35 -1.35 -1.36 -1.37 -1.37 -1.36
Other Financing Activities, Net		 0.95 1.12 -1.10 -1.36 1.01 -0.74 0.03 -0.79 -0.38 -1.96 1.69
Cash Interest Paid		 19 24 25 29 28 28 28 27 29 31 29
Cash Income Taxes Paid		 8.56 0.83 -0.06 0.01 4.29 2.43 2.05 0.02 5.10 4.00 3.27

Annual Balance Sheets for SmartFinancial

This table presents SmartFinancial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 1,024 1,062 1,721 2,274 2,449 3,305 4,612 4,637 4,829 5,276 5,861
Cash and Due from Banks		 40 103 64 40 33 50 1,155 44 62 97 56
Federal Funds Sold		 6.20 0.00 6.96 0.00 23 66 38 15 57 14 13
Interest Bearing Deposits at Other Banks		 33 34 42 76 127 365 897 207 233 277 395
Trading Account Securities		 166 129 152 204 178 216 482 770 281 482 540
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 1,767 -10 2,364 2,674 3,230 3,409 3,869 4,323
Loans and Leases		 - - - 1,775 - 2,382 2,693 3,254 3,444 3,906 4,364
Allowance for Loan and Lease Losses		 - - - 8.28 10 18 19 23 35 37 41
Loans Held for Sale		 - - - - 5.86 12 - 1.75 4.42 6.00 11
Premises and Equipment, Net		 25 31 43 56 59 73 86 93 93 91 88
Intangible Assets		 6.94 6.64 51 79 77 86 106 110 107 105 95
Other Assets		 746 827 1,362 53 1,955 73 118 167 582 335 339
Total Liabilities & Shareholders' Equity		 1,024 1,062 1,721 2,274 2,449 3,305 4,612 4,637 4,829 5,276 5,861
Total Liabilities		 924 957 1,515 1,991 2,136 2,948 3,195 4,205 4,370 4,784 5,308
Non-Interest Bearing Deposits		 131 153 221 320 364 686 1,055 1,072 898 966 1,063
Interest Bearing Deposits		 727 754 1,218 1,602 1,683 2,119 2,068 3,005 3,370 3,721 4,090
Long-Term Debt		 34 19 44 50 71 121 42 84 55 48 102
Other Long-Term Liabilities		 3.05 5.02 8.68 7.26 18 22 31 44 46 50 54
Commitments & Contingencies		 - - - - - - - - - 0.00 0.00
Total Equity & Noncontrolling Interests		 100 105 206 283 313 357 429 432 460 491 552
Total Preferred & Common Equity		 100 105 206 283 313 357 429 432 460 491 552
Preferred Stock		 0.01 0.01 0.00 0.00 0.00 - - - - 0.00 0.00
Total Common Equity		 100 105 206 283 313 357 429 432 460 491 552
Common Stock		 88 89 185 246 247 268 310 311 313 311 313
Retained Earnings		 12 17 22 40 66 87 118 157 173 204 249
Accumulated Other Comprehensive Income / (Loss)		 -0.35 -1.00 -1.20 -2.77 0.17 2.18 1.44 -35 -26 -24 -9.32
Noncontrolling Interest		 - - - - - - - - 0.00 0.11 0.11

Quarterly Balance Sheets for SmartFinancial

This table presents SmartFinancial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025
Total Assets		 4,797 4,770 4,746 4,797 4,955 4,891 4,909 5,411 5,491 5,785
Cash and Due from Banks		 46 342 38 63 48 60 65 58 72 60
Federal Funds Sold		 68 67 2.61 40 86 63 2.51 12 18 34
Interest Bearing Deposits at Other Banks		 428 205 199 298 344 220 125 353 276 463
Trading Account Securities		 807 845 824 667 655 630 629 625 627 634
Loans and Leases, Net of Allowance		 3,076 3,250 3,305 3,345 3,443 3,539 3,682 3,954 4,084 4,183
Loans and Leases		 3,099 3,282 3,338 3,379 3,478 3,574 3,717 3,992 4,124 4,222
Allowance for Loan and Lease Losses		 23 32 33 34 34 35 36 38 40 39
Loans Held for Sale		 2.74 - 0.99 2.73 4.86 3.10 5.80 3.84 5.48 9.86
Premises and Equipment, Net		 92 92 92 92 93 91 91 91 90 89
Intangible Assets		 110 109 108 108 107 106 105 104 104 96
Other Assets		 166 148 176 182 175 179 203 210 216 215
Total Liabilities & Shareholders' Equity		 4,797 4,770 4,746 4,797 4,955 4,891 4,909 5,411 5,491 5,785
Total Liabilities		 4,382 3,320 4,301 4,351 4,488 4,419 4,420 4,905 4,972 5,247
Non-Interest Bearing Deposits		 1,186 990 1,003 924 907 903 864 884 907 931
Interest Bearing Deposits		 3,094 2,250 3,196 3,323 3,487 3,413 3,459 3,924 3,965 4,119
Long-Term Debt		 60 42 58 56 52 55 49 47 47 140
Other Long-Term Liabilities		 41 38 44 48 42 47 49 49 53 56
Commitments & Contingencies		 - - - - - 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 415 443 445 447 467 472 489 506 519 538
Total Preferred & Common Equity		 415 443 445 447 467 472 489 506 519 538
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 415 443 445 447 467 472 489 506 519 538
Common Stock		 311 312 312 313 313 311 311 312 312 313
Retained Earnings		 145 160 168 168 181 188 196 214 224 236
Accumulated Other Comprehensive Income / (Loss)		 -41 -29 -35 -34 -27 -26 -17 -20 -17 -11
Noncontrolling Interest		 - - - - - - - 0.11 0.11 0.11

Annual Metrics And Ratios for SmartFinancial

This table displays calculated financial ratios and metrics derived from SmartFinancial's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 5,735,393.00 5,888,408.00 8,243,717.00 13,933,504.00 13,961,723.00 15,235,227.00 16,802,080.00 - - - 17,028,001.00
DEI Adjusted Shares Outstanding		 5,735,393.00 5,888,408.00 8,243,717.00 13,933,504.00 13,961,723.00 15,235,227.00 16,802,080.00 - - - 17,028,001.00
DEI Earnings Per Adjusted Shares Outstanding		 0.26 0.98 0.61 1.30 1.90 1.60 2.07 - - - 2.96
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 37.40% 55.83% 20.99% 62.06% 19.18% 17.24% 18.10% 20.29% -7.75% 12.53% 16.88%
EBITDA Growth		 -8.43% 167.94% -14.08% 80.65% 81.82% 20.66% 37.95% 22.64% -23.96% 14.38% 25.26%
EBIT Growth		 6.79% 190.79% 24.92% 86.43% 56.76% -7.64% 43.47% 23.89% -34.02% 25.49% 35.29%
NOPAT Growth		 -17.64% 284.17% -13.52% 260.97% 46.66% -8.35% 42.98% 23.66% -33.54% 26.40% 39.31%
Net Income Growth		 -17.62% 284.10% -13.52% 260.95% 46.66% -8.35% 42.98% 23.66% -33.54% 26.40% 39.31%
EPS Growth		 -38.46% 143.75% -29.49% 163.64% 30.34% -14.29% 37.04% 14.86% -33.73% 26.63% 39.25%
Operating Cash Flow Growth		 38.70% 395.03% -89.30% 1,579.18% 43.42% -2.67% 58.87% 22.98% -30.07% 32.69% 17.12%
Free Cash Flow Firm Growth		 -8,036.40% 125.27% -835.13% 45.42% 64.10% -194.90% -1,255.70% 204.15% -96.97% -60.06% -641.23%
Invested Capital Growth		 97.92% -7.90% 101.58% 33.67% 15.06% 24.52% 205.23% -64.59% -0.24% 4.70% 21.30%
Revenue Q/Q Growth		 19.35% 0.24% 13.52% 8.10% 0.80% 6.93% 3.92% 5.14% -3.57% 4.71% 3.35%
EBITDA Q/Q Growth		 7.08% 12.97% -21.85% -5.28% 6.47% 43.45% -3.23% 2.55% -12.98% 7.78% 5.05%
EBIT Q/Q Growth		 104.67% 6.08% 12.88% 11.55% 3.34% 16.28% -6.56% 17.34% -19.37% 11.14% 7.56%
NOPAT Q/Q Growth		 138.31% 8.73% -24.30% 54.60% 1.15% 10.43% -6.39% 17.31% -19.25% 10.55% 8.78%
Net Income Q/Q Growth		 138.35% 8.72% -24.29% 54.60% 1.15% 10.43% -6.39% 17.31% -19.25% 10.55% 8.78%
EPS Q/Q Growth		 -17.95% -3.70% -32.10% 57.61% -0.53% 8.00% -9.02% 18.06% -19.14% 10.31% 8.76%
Operating Cash Flow Q/Q Growth		 -38.52% -6.20% -76.38% 43.90% 7.28% 11.93% -11.86% 34.54% -8.11% 10.43% -0.25%
Free Cash Flow Firm Q/Q Growth		 5.41% 417.52% -1,084.82% 59.29% 16.63% 77.91% -596.92% 742.27% 288.31% 655.90% 31.65%
Invested Capital Q/Q Growth		 -2.43% -16.51% 74.95% 5.47% 3.48% -32.57% 162.54% 8.67% 2.43% 0.30% -3.57%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 15.55% 26.74% 18.99% 21.17% 32.29% 33.24% 38.82% 39.58% 32.63% 33.16% 35.54%
EBIT Margin		 11.57% 21.58% 22.28% 25.63% 33.72% 26.56% 32.27% 33.23% 23.77% 26.51% 30.68%
Profit (Net Income) Margin		 5.54% 13.66% 9.77% 21.75% 26.76% 20.92% 25.33% 26.04% 18.76% 21.07% 25.12%
Tax Burden Percent		 47.92% 63.30% 43.82% 84.85% 79.38% 78.77% 78.50% 78.35% 78.93% 79.50% 81.86%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 52.09% 36.70% 56.18% 15.15% 20.62% 21.23% 21.50% 21.65% 21.07% 20.50% 18.14%
Return on Invested Capital (ROIC)		 1.49% 4.49% 2.69% 6.21% 7.40% 5.65% 3.59% 4.36% 5.54% 6.86% 8.44%
ROIC Less NNEP Spread (ROIC-NNEP)		 1.49% 4.49% 2.69% 6.21% 7.40% 5.65% 3.59% 4.36% 5.54% 6.86% 8.44%
Return on Net Nonoperating Assets (RNNOA)		 0.44% 1.15% 0.54% 1.19% 1.51% 1.61% 5.25% 5.63% 0.86% 0.74% 1.21%
Return on Equity (ROE)		 1.93% 5.65% 3.22% 7.41% 8.91% 7.26% 8.85% 9.98% 6.41% 7.60% 9.65%
Cash Return on Invested Capital (CROIC)		 -64.24% 12.72% -64.68% -22.60% -6.60% -16.20% -97.70% 99.76% 5.79% 2.26% -10.82%
Operating Return on Assets (OROA)		 0.40% 0.88% 0.82% 1.07% 1.42% 1.07% 1.12% 1.19% 0.77% 0.90% 1.10%
Return on Assets (ROA)		 0.19% 0.56% 0.36% 0.91% 1.12% 0.85% 0.88% 0.93% 0.60% 0.72% 0.90%
Return on Common Equity (ROCE)		 1.93% 5.65% 3.22% 7.41% 8.91% 7.26% 8.85% 9.98% 6.41% 7.60% 9.64%
Return on Equity Simple (ROE_SIMPLE)		 1.51% 5.51% 2.44% 6.40% 8.49% 6.81% 8.10% 9.95% 6.22% 7.36% 9.11%
Net Operating Profit after Tax (NOPAT)		 1.51 5.80 5.01 18 27 24 35 43 29 36 50
NOPAT Margin		 5.54% 13.66% 9.76% 21.75% 26.76% 20.92% 25.33% 26.04% 18.76% 21.07% 25.12%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 59.34% 57.06% 53.60% 47.71% 46.71% 48.64% 50.27% 50.86% 58.91% 56.54% 51.84%
Operating Expenses to Revenue		 85.05% 76.56% 76.19% 70.84% 63.66% 65.97% 66.54% 64.33% 74.24% 70.49% 65.45%
Earnings before Interest and Taxes (EBIT)		 3.15 9.16 11 21 33 31 44 55 36 45 62
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 4.24 11 9.75 18 32 39 53 65 50 57 71
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.87 0.98 0.82 0.85 0.99 0.74 1.03 1.04 0.89 1.06 1.14
Price to Tangible Book Value (P/TBV)		 0.93 1.04 1.08 1.17 1.32 0.97 1.37 1.40 1.16 1.35 1.38
Price to Revenue (P/Rev)		 3.18 2.42 3.27 2.87 3.14 2.27 3.23 2.73 2.69 3.05 3.14
Price to Earnings (P/E)		 62.42 21.50 34.88 13.22 11.72 10.84 12.74 10.49 14.35 14.48 12.49
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.22% 1.44% 0.91% 1.31% 1.33% 1.04% 0.87%
Earnings Yield		 1.60% 4.65% 2.87% 7.57% 8.53% 9.23% 7.85% 9.53% 6.97% 6.91% 8.01%
Enterprise Value to Invested Capital (EV/IC)		 0.30 0.00 0.40 0.52 0.52 0.00 0.00 0.52 0.22 0.34 0.41
Enterprise Value to Revenue (EV/Rev)		 1.50 0.00 1.92 2.09 2.00 0.00 0.00 1.63 0.74 1.07 1.33
Enterprise Value to EBITDA (EV/EBITDA)		 9.67 0.00 10.12 9.87 6.18 0.00 0.00 4.11 2.28 3.23 3.73
Enterprise Value to EBIT (EV/EBIT)		 13.01 0.00 8.63 8.15 5.92 0.00 0.00 4.90 3.12 4.04 4.33
Enterprise Value to NOPAT (EV/NOPAT)		 27.14 0.00 19.68 9.61 7.46 0.00 0.00 6.25 3.96 5.08 5.28
Enterprise Value to Operating Cash Flow (EV/OCF)		 17.50 0.00 79.60 8.35 6.63 0.00 0.00 4.73 2.85 3.48 4.31
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.27 3.79 15.39 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.34 0.18 0.21 0.18 0.23 0.34 0.10 0.19 0.12 0.10 0.18
Long-Term Debt to Equity		 0.34 0.18 0.21 0.18 0.23 0.34 0.10 0.19 0.12 0.10 0.18
Financial Leverage		 0.30 0.26 0.20 0.19 0.20 0.29 1.46 1.29 0.16 0.11 0.14
Leverage Ratio		 9.98 10.16 8.95 8.17 7.93 8.59 10.06 10.73 10.61 10.62 10.67
Compound Leverage Factor		 9.98 10.16 8.95 8.17 7.93 8.59 10.06 10.73 10.61 10.62 10.67
Debt to Total Capital		 25.44% 14.95% 17.48% 15.12% 18.48% 25.23% 8.90% 16.24% 10.71% 8.87% 15.54%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 25.44% 14.95% 17.48% 15.12% 18.48% 25.23% 8.90% 16.24% 10.71% 8.87% 15.54%
Preferred Equity to Total Capital		 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.02%
Common Equity to Total Capital		 74.55% 85.04% 82.52% 84.88% 81.52% 74.77% 91.10% 83.76% 89.29% 91.11% 84.44%
Debt to EBITDA		 8.07 1.63 4.47 2.86 2.21 3.12 0.79 1.28 1.11 0.84 1.43
Net Debt to EBITDA		 -10.81 -10.48 -7.12 -3.71 -3.53 -9.34 -38.41 -2.79 -5.97 -5.97 -5.09
Long-Term Debt to EBITDA		 8.07 1.63 4.47 2.86 2.21 3.12 0.79 1.28 1.11 0.84 1.43
Debt to NOPAT		 22.65 3.19 8.69 2.79 2.67 4.95 1.21 1.95 1.93 1.32 2.02
Net Debt to NOPAT		 -30.33 -20.52 -13.84 -3.61 -4.26 -14.84 -58.87 -4.24 -10.39 -9.40 -7.20
Long-Term Debt to NOPAT		 22.65 3.19 8.69 2.79 2.67 4.95 1.21 1.95 1.93 1.32 2.02
Noncontrolling Interest Sharing Ratio		 0.02% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.02%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -65 16 -121 -66 -24 -70 -946 985 30 12 -65
Operating Cash Flow to CapEx		 0.00% 202.81% 44.31% 541.30% 476.41% 534.45% 1,942.87% 515.04% 710.74% 3,087.29% 2,723.92%
Free Cash Flow to Firm to Interest Expense		 -23.56 3.82 -21.20 -4.23 -0.96 -4.16 -79.88 46.16 0.34 0.10 -0.54
Operating Cash Flow to Interest Expense		 0.85 2.70 0.22 1.34 1.22 1.74 3.90 2.66 0.45 0.46 0.51
Operating Cash Flow Less CapEx to Interest Expense		 2.46 1.37 -0.27 1.09 0.96 1.41 3.70 2.15 0.39 0.45 0.50
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.03 0.04 0.03 0.03 0.04
Fixed Asset Turnover		 1.33 1.53 1.40 1.68 1.72 1.76 1.73 1.85 1.64 1.86 2.23
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 134 124 249 333 384 478 1,458 516 515 539 654
Invested Capital Turnover		 0.27 0.33 0.28 0.29 0.28 0.27 0.14 0.17 0.30 0.33 0.34
Increase / (Decrease) in Invested Capital		 66 -11 126 84 50 94 980 -942 -1.26 24 115
Enterprise Value (EV)		 41 -16 99 174 198 -97 -1,605 269 113 184 266
Market Capitalization		 87 103 168 239 311 264 443 451 410 523 629
Book Value per Share		 $17.46 $17.87 $24.97 $20.31 $22.40 $23.44 $25.56 $25.61 $27.06 $29.03 $32.44
Tangible Book Value per Share		 $16.25 $16.74 $18.80 $14.64 $16.87 $17.77 $19.26 $19.11 $20.76 $22.84 $26.84
Total Capital		 134 124 249 333 384 478 471 516 515 539 654
Total Debt		 34 19 44 50 71 121 42 84 55 48 102
Total Long-Term Debt		 34 19 44 50 71 121 42 84 55 48 102
Net Debt		 -46 -119 -69 -65 -113 -361 -2,048 -183 -297 -340 -363
Capital Expenditures (CapEx)		 -4.45 5.72 2.80 3.85 6.27 5.44 2.38 11 5.59 1.71 2.27
Net Nonoperating Expense (NNE)		 -0.00 0.00 -0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 34 19 44 50 71 121 1,029 84 55 48 102
Total Depreciation and Amortization (D&A)		 1.09 2.19 -1.69 -3.72 -1.41 7.76 9.00 10 13 11 9.74
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.35 $0.82 $0.56 $1.46 $1.90 $1.63 $2.23 $2.57 $1.70 $2.16 $3.00
Adjusted Weighted Average Basic Shares Outstanding		 3.99M 5.84M 8.64M 12.42M 13.95M 14.96M 15.57M 16.74M 16.81M 16.77M 16.78M
Adjusted Diluted Earnings per Share		 $0.32 $0.78 $0.55 $1.45 $1.89 $1.62 $2.22 $2.55 $1.69 $2.14 $2.98
Adjusted Weighted Average Diluted Shares Outstanding		 4.28M 6.12M 8.79M 12.52M 14.05M 15.02M 15.70M 16.87M 16.91M 16.88M 16.90M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 5.81M 8.21M 11.23M 13.95M 15.34M 15.11M 16.89M 17.00M 17.06M 17.02M 17.10M
Normalized Net Operating Profit after Tax (NOPAT)		 2.21 5.80 9.70 21 29 28 38 43 29 36 51
Normalized NOPAT Margin		 8.10% 13.66% 18.89% 25.60% 29.34% 24.02% 27.45% 26.31% 18.82% 21.07% 25.66%
Pre Tax Income Margin		 11.57% 21.58% 22.28% 25.63% 33.72% 26.56% 32.27% 33.23% 23.77% 26.51% 30.68%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.14 2.13 2.01 1.37 1.36 1.84 3.74 2.57 0.41 0.40 0.51
NOPAT to Interest Expense		 0.55 1.35 0.88 1.16 1.08 1.45 2.94 2.02 0.33 0.32 0.42
EBIT Less CapEx to Interest Expense		 2.76 0.80 1.52 1.12 1.11 1.52 3.54 2.06 0.35 0.38 0.49
NOPAT Less CapEx to Interest Expense		 2.16 0.02 0.39 0.92 0.83 1.13 2.74 1.50 0.26 0.30 0.40
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 7.95% 12.97% 3.89% 0.00% 2.64% 12.27% 10.72% 10.98% 18.98% 15.00% 10.83%
Augmented Payout Ratio		 7.95% 12.97% 3.89% 0.00% 2.64% 29.98% 14.19% 10.98% 18.98% 23.21% 10.83%

Quarterly Metrics And Ratios for SmartFinancial

This table displays calculated financial ratios and metrics derived from SmartFinancial's official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
DEI Shares Outstanding		 - - - - - - - 17,018,018.00 17,017,547.00 17,020,314.00 17,028,001.00
DEI Adjusted Shares Outstanding		 - - - - - - - 17,018,018.00 17,017,547.00 17,020,314.00 17,028,001.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - 0.66 0.69 0.80 0.80
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -3.94% -26.21% -12.61% -6.54% 4.43% 39.35% 19.74% 16.79% 21.83% 15.61% 13.89%
EBITDA Growth		 -9.40% -65.70% -40.32% -16.80% -10.82% 130.26% 37.39% 8.21% 29.07% 43.32% 22.70%
EBIT Growth		 -14.74% -83.83% -52.64% -19.15% -7.58% 350.54% 58.20% 13.11% 38.00% 57.87% 34.89%
NOPAT Growth		 -13.50% -82.09% -52.40% -18.63% -9.43% 342.19% 55.74% 20.26% 46.26% 49.74% 42.14%
Net Income Growth		 -13.50% -82.09% -52.40% -18.63% -9.43% 342.19% 55.74% 20.26% 46.26% 49.74% 42.14%
EPS Growth		 -14.75% -82.35% -51.95% -19.12% -7.69% 350.00% 54.05% 21.82% 43.75% 50.00% 42.11%
Operating Cash Flow Growth		 -43.69% -49.29% -23.04% -37.68% 65.84% 85.58% 42.51% 101.91% -15.24% 36.20% -0.92%
Free Cash Flow Firm Growth		 -169.25% -127.95% -99.22% 200.08% 9.02% -0.17% -295.56% -102.37% -58.10% -394.31% -594.11%
Invested Capital Growth		 5.78% 5.83% -0.24% -65.22% 4.96% 6.93% 4.70% 6.65% 7.30% 26.17% 21.30%
Revenue Q/Q Growth		 -9.79% -18.11% 23.34% 2.57% 0.79% 9.29% 5.98% 0.05% 5.14% 3.71% 4.40%
EBITDA Q/Q Growth		 -18.52% -60.00% 86.05% 37.22% -12.66% 3.27% 11.01% 8.08% 4.17% 14.67% -4.96%
EBIT Q/Q Growth		 -24.59% -78.66% 228.16% 53.10% -13.80% 4.03% 15.23% 9.47% 5.17% 19.00% -1.54%
NOPAT Q/Q Growth		 -23.17% -76.61% 199.47% 51.18% -14.48% 14.21% 5.47% 16.74% 4.01% 16.92% 0.12%
Net Income Q/Q Growth		 -23.17% -76.61% 199.47% 51.18% -14.48% 14.21% 5.47% 16.74% 4.01% 16.92% 0.12%
EPS Q/Q Growth		 -23.53% -76.92% 208.33% 48.65% -12.73% 12.50% 5.56% 17.54% 2.99% 17.39% 0.00%
Operating Cash Flow Q/Q Growth		 -12.15% -33.03% 75.25% -39.56% 133.79% -25.06% 34.58% -14.37% -1.85% 20.42% -2.10%
Free Cash Flow Firm Q/Q Growth		 98.10% -37.80% 129.06% 13,078.32% -101.72% -51.72% 43.27% -59.41% -15.23% -374.39% 20.34%
Invested Capital Q/Q Growth		 -66.32% 0.09% 2.43% 0.72% 1.65% 1.96% 0.30% 2.59% 2.27% 19.89% -3.57%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 38.11% 18.61% 28.07% 37.56% 32.54% 30.75% 32.21% 34.80% 34.48% 38.12% 34.70%
EBIT Margin		 28.89% 7.53% 20.03% 29.89% 25.57% 24.34% 26.46% 28.95% 28.96% 33.23% 31.34%
Profit (Net Income) Margin		 22.83% 6.52% 15.83% 23.34% 19.80% 20.69% 20.59% 24.03% 23.77% 26.80% 25.70%
Tax Burden Percent		 79.02% 86.63% 79.05% 78.06% 77.44% 85.02% 77.82% 82.99% 82.08% 80.64% 82.00%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 20.98% 13.37% 20.95% 21.94% 22.56% 14.98% 22.18% 17.01% 17.92% 19.36% 18.00%
Return on Invested Capital (ROIC)		 7.91% 2.11% 4.68% 3.47% 5.82% 6.51% 6.70% 7.99% 8.14% 8.55% 8.63%
ROIC Less NNEP Spread (ROIC-NNEP)		 7.91% 2.11% 4.68% 3.47% 5.82% 6.51% 6.70% 7.99% 8.14% 8.55% 8.63%
Return on Net Nonoperating Assets (RNNOA)		 1.02% 0.29% 0.73% 4.20% 0.71% 0.73% 0.73% 0.82% 0.83% 1.57% 1.24%
Return on Equity (ROE)		 8.93% 2.39% 5.41% 7.67% 6.53% 7.24% 7.42% 8.81% 8.97% 10.12% 9.87%
Cash Return on Invested Capital (CROIC)		 3.57% 1.57% 5.79% 99.42% 0.13% -0.41% 2.26% 0.66% 0.60% -15.53% -10.82%
Operating Return on Assets (OROA)		 1.03% 0.25% 0.64% 0.92% 0.80% 0.82% 0.90% 1.00% 1.04% 1.21% 1.13%
Return on Assets (ROA)		 0.81% 0.21% 0.51% 0.72% 0.62% 0.70% 0.70% 0.83% 0.86% 0.97% 0.93%
Return on Common Equity (ROCE)		 8.93% 2.39% 5.41% 7.67% 6.53% 7.24% 7.42% 8.80% 8.97% 10.12% 9.87%
Return on Equity Simple (ROE_SIMPLE)		 10.09% 7.93% 0.00% 5.67% 5.42% 6.69% 0.00% 7.52% 8.04% 8.60% 0.00%
Net Operating Profit after Tax (NOPAT)		 8.84 2.07 6.19 9.36 8.00 9.14 9.64 11 12 14 14
NOPAT Margin		 22.83% 6.52% 15.83% 23.34% 19.80% 20.69% 20.59% 24.03% 23.77% 26.80% 25.70%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 56.34% 72.74% 57.42% 56.86% 57.73% 55.96% 55.79% 54.81% 52.95% 51.03% 48.98%
Operating Expenses to Revenue		 70.82% 89.96% 75.95% 71.20% 72.25% 69.83% 68.98% 68.96% 66.14% 66.32% 60.91%
Earnings before Interest and Taxes (EBIT)		 11 2.39 7.83 12 10 11 12 14 14 17 17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 15 5.90 11 15 13 14 15 16 17 19 19
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.81 0.80 0.89 0.76 0.85 1.01 1.06 1.04 1.10 1.13 1.14
Price to Tangible Book Value (P/TBV)		 1.07 1.06 1.16 0.99 1.10 1.28 1.35 1.31 1.38 1.37 1.38
Price to Revenue (P/Rev)		 2.12 2.26 2.69 2.39 2.66 3.00 3.05 2.96 3.07 3.14 3.14
Price to Earnings (P/E)		 8.01 10.10 14.35 13.50 15.72 15.05 14.48 13.87 13.74 13.14 12.49
Dividend Yield		 1.75% 1.81% 1.33% 1.91% 1.36% 1.10% 1.04% 1.03% 0.95% 0.90% 0.87%
Earnings Yield		 12.48% 9.90% 6.97% 7.41% 6.36% 6.64% 6.91% 7.21% 7.28% 7.61% 8.01%
Enterprise Value to Invested Capital (EV/IC)		 0.35 0.03 0.22 0.00 0.22 0.65 0.34 0.27 0.45 0.28 0.41
Enterprise Value to Revenue (EV/Rev)		 1.05 0.09 0.74 0.00 0.76 2.12 1.07 0.85 1.36 0.98 1.33
Enterprise Value to EBITDA (EV/EBITDA)		 2.60 0.24 2.28 0.00 2.54 6.59 3.23 2.62 4.12 2.82 3.73
Enterprise Value to EBIT (EV/EBIT)		 3.11 0.30 3.12 0.00 3.53 8.50 4.04 3.23 5.01 3.34 4.33
Enterprise Value to NOPAT (EV/NOPAT)		 3.97 0.38 3.96 0.00 4.48 10.64 5.08 4.00 6.11 4.13 5.28
Enterprise Value to Operating Cash Flow (EV/OCF)		 3.59 0.31 2.85 0.00 2.73 7.29 3.48 2.54 4.45 3.09 4.31
Enterprise Value to Free Cash Flow (EV/FCFF)		 10.22 1.76 3.79 0.00 168.95 0.00 15.39 42.86 78.30 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.13 0.13 0.12 0.11 0.12 0.10 0.10 0.09 0.09 0.26 0.18
Long-Term Debt to Equity		 0.13 0.13 0.12 0.11 0.12 0.10 0.10 0.09 0.09 0.26 0.18
Financial Leverage		 0.13 0.14 0.16 1.21 0.12 0.11 0.11 0.10 0.10 0.18 0.14
Leverage Ratio		 11.02 11.14 10.61 10.68 10.51 10.37 10.62 10.66 10.47 10.41 10.67
Compound Leverage Factor		 11.02 11.14 10.61 10.68 10.51 10.37 10.62 10.66 10.47 10.41 10.67
Debt to Total Capital		 11.46% 11.18% 10.71% 10.02% 10.41% 9.05% 8.87% 8.55% 8.25% 20.62% 15.54%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 11.46% 11.18% 10.71% 10.02% 10.41% 9.05% 8.87% 8.55% 8.25% 20.62% 15.54%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.02% 0.02% 0.02% 0.02%
Common Equity to Total Capital		 88.54% 88.82% 89.29% 89.98% 89.59% 90.95% 91.11% 91.43% 91.73% 79.36% 84.44%
Debt to EBITDA		 0.84 0.98 1.11 1.11 1.22 0.92 0.84 0.81 0.75 2.06 1.43
Net Debt to EBITDA		 -2.65 -6.02 -5.97 -9.12 -6.39 -2.73 -5.97 -6.46 -5.14 -6.15 -5.09
Long-Term Debt to EBITDA		 0.84 0.98 1.11 1.11 1.22 0.92 0.84 0.81 0.75 2.06 1.43
Debt to NOPAT		 1.28 1.59 1.93 1.96 2.14 1.49 1.32 1.24 1.12 3.02 2.02
Net Debt to NOPAT		 -4.04 -9.72 -10.39 -16.10 -11.24 -4.41 -9.40 -9.88 -7.63 -9.01 -7.20
Long-Term Debt to NOPAT		 1.28 1.59 1.93 1.96 2.14 1.49 1.32 1.24 1.12 3.02 2.02
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.02%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -19 -26 7.45 982 -17 -26 -15 -23 -27 -127 -101
Operating Cash Flow to CapEx		 665.89% 705.39% 530.93% 0.00% 0.00% 1,175.07% 1,251.61% 1,566.56% 1,926.10% 6,207.72% 4,669.49%
Free Cash Flow to Firm to Interest Expense		 -0.91 -1.06 0.29 35.01 -0.59 -0.89 -0.51 -0.83 -0.92 -3.96 -3.31
Operating Cash Flow to Interest Expense		 0.49 0.28 0.45 0.25 0.58 0.43 0.59 0.51 0.48 0.53 0.54
Operating Cash Flow Less CapEx to Interest Expense		 0.41 0.24 0.37 0.26 0.59 0.39 0.54 0.48 0.46 0.52 0.53
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.04
Fixed Asset Turnover		 1.86 1.72 1.64 1.62 1.65 1.79 1.86 1.94 2.06 2.15 2.23
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 502 503 515 519 527 538 539 553 566 678 654
Invested Capital Turnover		 0.35 0.32 0.30 0.15 0.29 0.31 0.33 0.33 0.34 0.32 0.34
Increase / (Decrease) in Invested Capital		 27 28 -1.26 -973 25 35 24 34 38 141 115
Enterprise Value (EV)		 178 14 113 -69 115 348 184 152 255 191 266
Market Capitalization		 360 358 410 357 403 492 523 528 573 608 629
Book Value per Share		 $26.16 $26.27 $27.06 $27.37 $27.69 $28.90 $29.03 $29.72 $30.50 $31.63 $32.44
Tangible Book Value per Share		 $19.78 $19.93 $20.76 $21.12 $21.48 $22.67 $22.84 $23.60 $24.41 $26.00 $26.84
Total Capital		 502 503 515 519 527 538 539 553 566 678 654
Total Debt		 58 56 55 52 55 49 48 47 47 140 102
Total Long-Term Debt		 58 56 55 52 55 49 48 47 47 140 102
Net Debt		 -181 -344 -297 -426 -288 -144 -340 -376 -318 -417 -363
Capital Expenditures (CapEx)		 1.50 0.95 2.21 -0.33 -0.35 1.06 1.33 0.91 0.73 0.27 0.35
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 58 56 55 52 55 49 48 47 47 140 102
Total Depreciation and Amortization (D&A)		 3.57 3.51 3.15 3.07 2.82 2.83 2.69 2.74 2.72 2.50 1.79
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.53 $0.12 $0.36 $0.56 $0.48 $0.55 $0.57 $0.67 $0.70 $0.82 $0.81
Adjusted Weighted Average Basic Shares Outstanding		 16.81M 16.81M 16.81M 16.85M 16.77M 16.73M 16.77M 16.77M 16.78M 16.78M 16.78M
Adjusted Diluted Earnings per Share		 $0.52 $0.12 $0.37 $0.55 $0.48 $0.54 $0.57 $0.67 $0.69 $0.81 $0.81
Adjusted Weighted Average Diluted Shares Outstanding		 16.90M 16.92M 16.91M 16.93M 16.85M 16.84M 16.88M 16.87M 16.88M 16.91M 16.90M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 17.00M 16.99M 17.06M 17.06M 16.92M 16.93M 17.02M 17.02M 17.02M 17.03M 17.10M
Normalized Net Operating Profit after Tax (NOPAT)		 8.84 2.16 6.19 9.36 8.00 9.14 9.64 11 12 15 14
Normalized NOPAT Margin		 22.83% 6.82% 15.83% 23.34% 19.80% 20.69% 20.59% 24.03% 23.77% 28.87% 25.70%
Pre Tax Income Margin		 28.89% 7.53% 20.03% 29.89% 25.57% 24.34% 26.46% 28.95% 28.96% 33.23% 31.34%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.55 0.10 0.30 0.43 0.36 0.37 0.44 0.48 0.49 0.53 0.55
NOPAT to Interest Expense		 0.43 0.09 0.24 0.33 0.28 0.32 0.34 0.40 0.40 0.43 0.45
EBIT Less CapEx to Interest Expense		 0.47 0.06 0.22 0.44 0.38 0.34 0.39 0.45 0.46 0.52 0.54
NOPAT Less CapEx to Interest Expense		 0.36 0.05 0.15 0.35 0.29 0.28 0.29 0.37 0.38 0.42 0.44
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 11.31% 14.84% 18.98% 20.54% 21.20% 16.59% 15.00% 14.25% 13.01% 11.76% 10.83%
Augmented Payout Ratio		 11.31% 15.02% 18.98% 20.54% 32.78% 25.67% 23.21% 14.25% 13.01% 11.76% 10.83%

Financials Breakdown Chart

Key Financial Trends

SmartFinancial (NASDAQ: SMBK) has shown improving revenue and earnings metrics through 2025, supported by stronger net interest income and solid operating cash flow. The loan book remains sizable and deposits are ample, underpinning liquidity and capital levels. However, 2025 also brought notable cash outflows from investing activities, contributing to a dip in cash despite healthy operating activity. Here are the key takeaways from the latest four quarters:

  • Total revenue climbed through 2025, rising from about 46.8 million in Q1 2025 to 53.3 million in Q4 2025.
  • Net income from continuing operations reached 13.6 million in Q4 2025, indicating year-end profitability strength.
  • Net interest income increased through 2025, ending at 45.1 million in Q4 2025, up from 38.2 million in Q1 2025.
  • Net cash from continuing operating activities remained positive in each 2025 quarter, with 16.5 million in Q4 and solid levels in prior quarters.
  • Loans net grew over 2025 (e.g., 4.183 billion in Q3 2025 versus 4.088 billion in Q2 2025), signaling ongoing loan demand and portfolio expansion.
  • Provision for credit losses fluctuated (4.133 million in Q4 2025 vs 0.227 million in Q3 2025), reflecting quarterly variability in credit risk provisioning.
  • Earnings per share remained around the same level across 2025 quarters (approx. 0.81–0.82), with a similar dividend per share of 0.08.
  • Significant cash outflows from investing activities in 2025, including large purchases of investment securities, culminating in about -171.4 million in Q4 2025 and -95.3 million in Q3 2025.
  • Net change in cash & equivalents was negative in Q4 2025 (about -92.7 million), underscoring a cash balance decline despite positive operating cash flow.
  • Provision for credit losses in Q4 2025 rose to 4.133 million, contributing to higher near-term credit-expense pressure.
05/19/26 07:28 AM ETAI Generated. May Contain Errors.

SmartFinancial Financials - Frequently Asked Questions

According to the most recent income statement we have on file, SmartFinancial's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

SmartFinancial's net income appears to be on an upward trend, with a most recent value of $50.35 million in 2025, rising from $1.51 million in 2015. The previous period was $36.14 million in 2024. Check out SmartFinancial's forecast to explore projected trends and price targets.

Over the last 10 years, SmartFinancial's total revenue changed from $27.24 million in 2015 to $200.46 million in 2025, a change of 635.9%.

SmartFinancial's total liabilities were at $5.31 billion at the end of 2025, a 10.9% increase from 2024, and a 474.6% increase since 2015.

In the past 10 years, SmartFinancial's cash and equivalents has ranged from $33.21 million in 2019 to $1.16 billion in 2021, and is currently $56.47 million as of their latest financial filing in 2025.

Over the last 10 years, SmartFinancial's book value per share changed from 17.46 in 2015 to 32.44 in 2025, a change of 85.7%.


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Financial statements for NASDAQ:SMBK last updated on 4/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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