SmartFinancial, Inc. (SMBK)
NYSE: SMBK · Real-Time Price · USD
30.14
-0.10 (-0.33%)
Apr 23, 2025, 4:00 PM EDT - Market closed
SmartFinancial Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 221.3 | 213.56 | 186.48 | 136.38 | 118.58 | 112.31 | Upgrade
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| Interest Income on Investments | 36.41 | 37.56 | 31.56 | 22.45 | 6.65 | 5.3 | Upgrade
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| Total Interest Income | 257.71 | 251.12 | 218.04 | 158.83 | 125.23 | 117.61 | Upgrade
|
| Interest Paid on Deposits | 109.56 | 109.26 | 84.26 | 18.23 | 8.85 | 13.6 | Upgrade
|
| Interest Paid on Borrowings | 4.29 | 4.51 | 3.7 | 3.11 | 2.99 | 3.15 | Upgrade
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| Total Interest Expense | 113.85 | 113.77 | 87.96 | 21.33 | 11.84 | 16.75 | Upgrade
|
| Net Interest Income | 143.87 | 137.35 | 130.08 | 137.5 | 113.39 | 100.87 | Upgrade
|
| Net Interest Income Growth (YoY) | 14.34% | 5.59% | -5.40% | 21.26% | 12.42% | 20.25% | Upgrade
|
| Mortgage Banking Activities | 1.79 | 1.58 | 1.04 | 1.55 | 4.04 | 3.88 | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.06 | 0.06 | -6.8 | 0.14 | 0.05 | 0.01 | Upgrade
|
| Other Non-Interest Income | 25.53 | 25.65 | 21.58 | 20.17 | 15.21 | 8.14 | Upgrade
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| Total Non-Interest Income | 34.37 | 34.15 | 22.33 | 27.72 | 23.95 | 15.43 | Upgrade
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| Non-Interest Income Growth (YoY) | 44.53% | 52.98% | -19.45% | 15.72% | 55.25% | 88.24% | Upgrade
|
| Revenues Before Loan Losses | 178.24 | 171.5 | 152.41 | 165.22 | 137.34 | 116.29 | Upgrade
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| Provision for Loan Losses | 6.57 | 5.15 | 3.03 | 4.02 | 1.63 | 8.68 | Upgrade
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| Revenue | 171.66 | 166.35 | 149.38 | 161.2 | 135.71 | 107.61 | Upgrade
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| Revenue Growth (YoY) | 16.34% | 11.36% | -7.33% | 18.78% | 26.11% | 20.27% | Upgrade
|
| Salaries and Employee Benefits | 73.07 | 70.47 | 64.4 | 62.03 | 50.71 | 42.38 | Upgrade
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| Occupancy Expenses | 11.64 | 11.63 | 11.65 | 10.3 | 8.88 | 7.19 | Upgrade
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| Federal Deposit Insurance | 3.44 | 3.39 | 3.16 | 2.67 | 1.83 | 1.19 | Upgrade
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| Amortization of Goodwill & Intangibles | 2.38 | 2.43 | 2.62 | 2.61 | 2.26 | 1.74 | Upgrade
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| Selling, General & Administrative | 19.79 | 19.07 | 17.17 | 15.49 | 12.61 | 9.96 | Upgrade
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| Other Non-Interest Expense | 11.43 | 11.08 | 11.64 | 10.18 | 9.31 | 7.65 | Upgrade
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| Total Non-Interest Expense | 124.63 | 120.89 | 113.04 | 105.73 | 87.69 | 72.15 | Upgrade
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| EBT Excluding Unusual Items | 47.03 | 45.46 | 36.34 | 55.47 | 48.02 | 35.46 | Upgrade
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| Pretax Income | 47.03 | 45.46 | 36.23 | 54.91 | 44.32 | 30.89 | Upgrade
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| Income Tax Expense | 8.99 | 9.32 | 7.63 | 11.89 | 9.53 | 6.56 | Upgrade
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| Net Income | 38.04 | 36.14 | 28.59 | 43.02 | 34.79 | 24.33 | Upgrade
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| Net Income to Common | 38.04 | 36.14 | 28.59 | 43.02 | 34.79 | 24.33 | Upgrade
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| Net Income Growth | 43.80% | 26.40% | -33.54% | 23.66% | 42.98% | -8.35% | Upgrade
|
| Basic Shares Outstanding | 17 | 17 | 17 | 17 | 16 | 15 | Upgrade
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| Diluted Shares Outstanding | 17 | 17 | 17 | 17 | 16 | 15 | Upgrade
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| Shares Change (YoY) | -0.33% | -0.21% | 0.24% | 7.47% | 4.53% | 6.93% | Upgrade
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| EPS (Basic) | 2.27 | 2.16 | 1.70 | 2.57 | 2.23 | 1.63 | Upgrade
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| EPS (Diluted) | 2.26 | 2.14 | 1.69 | 2.55 | 2.22 | 1.62 | Upgrade
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| EPS Growth | 44.84% | 26.63% | -33.73% | 14.87% | 37.04% | -14.29% | Upgrade
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| Dividend Per Share | 0.320 | 0.320 | 0.320 | 0.280 | 0.240 | 0.200 | Upgrade
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| Dividend Growth | - | - | 14.29% | 16.67% | 20.00% | 300.00% | Upgrade
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| Effective Tax Rate | 19.12% | 20.50% | 21.07% | 21.65% | 21.50% | 21.23% | Upgrade
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Updated Apr 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.