SmartFinancial, Inc. (SMBK)

SmartFinancial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	166.1	137.35	130.08	137.5	113.39
Net Interest Income Growth	20.94%	5.59%	-5.40%	21.26%	12.42%
Non-Interest Income	34.35	34.15	22.33	27.72	23.95
Non-Interest Income Growth	0.59%	52.98%	-19.45%	15.72%	55.25%
Revenues Before Loan Losses	200.46	171.5	152.41	165.22	137.34
Provision for Credit Losses	7.75	5.15	3.03	4.02	1.63
Revenue	192.71	166.35	149.38	161.2	135.71
Revenue Growth (YoY)	15.84%	11.36%	-7.33%	18.78%	26.11%
Compensation Expenses	78.3	72.1	65.75	63.42	51.66
Selling, General & Admin	32.55	31.5	30.1	27.01	22.79
Other Non-Interest Expenses	20.36	17.29	17.31	15.86	16.94
Total Non-Interest Expense	131.21	120.89	113.15	106.29	91.39
Pretax Income	61.5	45.46	36.23	54.91	44.32
Provision for Income Taxes	11.15	9.32	7.63	11.89	9.53
Net Income	50.35	36.14	28.59	43.02	34.79
Net Income to Common	50.35	36.14	28.59	43.02	34.79
Net Income Growth	39.31%	26.40%	-33.54%	23.66%	42.98%
Shares Outstanding (Basic)	17	17	17	17	16
Shares Outstanding (Diluted)	17	17	17	17	16
Shares Change (YoY)	0.13%	-0.21%	0.24%	7.47%	4.53%
EPS (Basic)	3.00	2.16	1.70	2.57	2.23
EPS (Diluted)	2.98	2.14	1.69	2.55	2.22
EPS Growth	39.25%	26.63%	-33.73%	14.87%	37.04%
Free Cash Flow	59.34	46.3	33.45	44.31	43.81
Free Cash Flow Growth	28.17%	38.42%	-24.51%	1.14%	85.38%
Free Cash Flow Per Share	3.51	2.74	1.98	2.63	2.79
Dividends Per Share	0.320	0.320	0.320	0.280	0.240
Dividend Growth	-	-	14.29%	16.67%	20.00%
Profit Margin	26.13%	21.73%	19.14%	26.69%	25.65%
FCF Margin	30.79%	27.83%	22.39%	27.49%	32.29%
EBITDA	9.74	11.42	13.5	12.64	9
EBITDA Margin	5.05%	6.86%	9.04%	7.84%	6.64%
Effective Tax Rate	18.14%	20.50%	21.07%	21.65%	21.50%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q