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	Jun '26 Jun 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	265.04	248.67	213.56	186.48	136.38	118.58
Interest Income on Investments	37.41	37.31	37.56	31.56	22.45	6.65
Total Interest Income	302.45	285.97	251.12	218.04	158.83	125.23
Interest Paid on Deposits	113.36	114.75	109.26	84.26	18.23	8.85
Interest Paid on Borrowings	7.63	5.12	4.51	3.7	3.11	2.99
Total Interest Expense	120.99	119.87	113.77	87.96	21.33	11.84
Net Interest Income	181.46	166.1	137.35	130.08	137.5	113.39
Net Interest Income Growth	19.86%	20.94%	5.59%	-5.40%	21.26%	12.42%
Mortgage Banking Activities	3.22	2.67	1.58	1.04	1.55	4.04
Gain (Loss) on Sale of Investments	-3.66	-3.72	0.06	-6.8	0.14	0.05
Other Non-Interest Income	25.73	28.24	25.65	21.58	20.17	15.21
Total Non-Interest Income	32.68	34.35	34.15	22.33	27.72	23.95
Non-Interest Income Growth	-8.35%	0.59%	52.98%	-19.45%	15.72%	55.25%
Revenues Before Loan Losses	214.15	200.46	171.5	152.41	165.22	137.34
Provision for Loan Losses	9.96	7.75	5.15	3.03	4.02	1.63
Revenue	204.19	192.71	166.35	149.38	161.2	135.71
Revenue Growth	14.10%	15.84%	11.36%	-7.33%	18.78%	26.11%
Salaries and Employee Benefits	78.91	76.36	70.47	64.4	62.03	50.71
Occupancy Expenses	11.6	11.77	11.63	11.65	10.3	8.88
Federal Deposit Insurance	3.72	4	3.39	3.16	2.67	1.83
Amortization of Goodwill & Intangibles	1.93	2.15	2.43	2.62	2.61	2.26
Selling, General & Administrative	20.51	20.56	19.07	17.17	15.49	12.61
Other Non-Interest Expense	11.79	11.79	11.08	11.64	10.18	9.31
Total Non-Interest Expense	131.88	129.88	120.89	113.04	105.73	87.69
EBT Excluding Unusual Items	72.3	62.83	45.46	36.34	55.47	48.02
Pretax Income	70.98	61.5	45.46	36.23	54.91	44.32
Income Tax Expense	13.59	11.15	9.32	7.63	11.89	9.53
Net Income	57.39	50.35	36.14	28.59	43.02	34.79
Net Income to Common	57.39	50.35	36.14	28.59	43.02	34.79
Net Income Growth	37.49%	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	0.40%	0.13%	-0.21%	0.24%	7.47%	4.53%
EPS (Basic)	3.42	3.00	2.16	1.70	2.57	2.23
EPS (Diluted)	3.39	2.98	2.14	1.69	2.55	2.22
EPS Growth	37.23%	39.25%	26.63%	-33.73%	14.87%	37.04%
Dividend Per Share	0.330	0.320	0.320	0.320	0.280	0.240
Dividend Growth	3.13%	0%	0%	14.29%	16.67%	20.00%
Effective Tax Rate	19.14%	18.14%	20.50%	21.07%	21.65%	21.50%

SEC Filings: 10-K · 10-Q