SmartFinancial Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	273.81	248.67	213.56	186.48	136.38	118.58
Interest Income on Investments	36.17	37.31	37.56	31.56	22.45	6.65
Total Interest Income	309.98	285.97	251.12	218.04	158.83	125.23
Interest Paid on Deposits	113.65	114.75	109.26	84.26	18.23	8.85
Interest Paid on Borrowings	7.89	5.12	4.51	3.7	3.11	2.99
Total Interest Expense	121.54	119.87	113.77	87.96	21.33	11.84
Net Interest Income	188.44	166.1	137.35	130.08	137.5	113.39
Net Interest Income Growth	18.67%	20.94%	5.59%	-5.40%	21.26%	12.42%
Mortgage Banking Activities	3.54	2.67	1.58	1.04	1.55	4.04
Gain (Loss) on Sale of Investments	0.06	-3.72	0.06	-6.8	0.14	0.05
Other Non-Interest Income	24.98	28.24	25.65	21.58	20.17	15.21
Total Non-Interest Income	32.18	34.35	34.15	22.33	27.72	23.95
Non-Interest Income Growth	-8.49%	0.59%	52.98%	-19.45%	15.72%	55.25%
Revenues Before Loan Losses	220.61	200.46	171.5	152.41	165.22	137.34
Provision for Loan Losses	10.42	7.75	5.15	3.03	4.02	1.63
Revenue	210.19	192.71	166.35	149.38	161.2	135.71
Revenue Growth	11.68%	15.84%	11.36%	-7.33%	18.78%	26.11%
Salaries and Employee Benefits	81.02	76.36	70.47	64.4	62.03	50.71
Occupancy Expenses	11.68	11.77	11.63	11.65	10.3	8.88
Federal Deposit Insurance	3.6	4	3.39	3.16	2.67	1.83
Amortization of Goodwill & Intangibles	1.84	2.15	2.43	2.62	2.61	2.26
Selling, General & Administrative	21	20.56	19.07	17.17	15.49	12.61
Other Non-Interest Expense	12.28	11.79	11.08	11.64	10.18	9.31
Total Non-Interest Expense	135.68	129.88	120.89	113.04	105.73	87.69
EBT Excluding Unusual Items	74.51	62.83	45.46	36.34	55.47	48.02
Pretax Income	74.5	61.5	45.46	36.23	54.91	44.32
Income Tax Expense	12.16	11.15	9.32	7.63	11.89	9.53
Net Income	62.33	50.35	36.14	28.59	43.02	34.79
Net Income to Common	62.33	50.35	36.14	28.59	43.02	34.79
Net Income Growth	34.67%	39.31%	26.40%	-33.54%	23.66%	42.98%
Basic Shares Outstanding	17	17	17	17	17	16
Diluted Shares Outstanding	17	17	17	17	17	16
Shares Change	0.51%	0.13%	-0.21%	0.24%	7.47%	4.53%
EPS (Basic)	3.71	3.00	2.16	1.70	2.57	2.23
EPS (Diluted)	3.67	2.98	2.14	1.69	2.55	2.22
EPS Growth	33.95%	39.25%	26.63%	-33.73%	14.87%	37.04%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.340	0.320	0.320	0.320	0.280	0.240
Dividend Growth	6.25%	0%	0%	14.29%	16.67%	20.00%
Effective Tax Rate	16.33%	18.14%	20.50%	21.07%	21.65%	21.50%

SEC Filings: 10-K · 10-Q