SMARTFINANCIAL INC.SMBKEarnings & Financial Report
SmartFinancial Inc. is a U.S.-based bank holding company that operates its wholly owned subsidiary SmartBank. It offers a full range of retail and commercial banking products including deposit accounts, personal and business loans, mortgage services, and wealth management solutions, primarily serving individual customers and small-to-medium enterprises across the Southeastern United States.
Revenue
$40.4M
Gross Profit
N/A
Operating Profit
$10.3M
Net Profit
$8.0M
Gross Margin
N/A
Operating Margin
25.6%
Net Margin
19.8%
YoY Growth
4.4%
EPS
$0.48
SMARTFINANCIAL INC. Q2 FY2024 Financial Summary
SMARTFINANCIAL INC. reported revenue of $40.4M (up 4.4% YoY) for Q2 FY2024, with a net profit of $8.0M (down 9.4% YoY) (19.8% margin).
Key Financial Metrics
| Total Revenue | $40.4M |
|---|---|
| Net Profit | $8.0M |
| Gross Margin | N/A |
| Operating Margin | 25.6% |
| Report Period | Q2 FY2024 |
SMARTFINANCIAL INC. Annual Revenue by Year
SMARTFINANCIAL INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $200.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $200.5M |
| 2024 | $171.5M |
| 2023 | $130.1M |
| 2022 | $137.5M |
SMARTFINANCIAL INC. Quarterly Revenue & Net Profit History
SMARTFINANCIAL INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $53.8M | — | $13.7M | 25.4% |
| Q4 FY2025 | $53.3M | +13.9% | $13.7M | 25.7% |
| Q3 FY2025 | $51.1M | +15.6% | $13.7M | 26.8% |
| Q2 FY2025 | $49.2M | +21.8% | $11.7M | 23.8% |
| Q1 FY2025 | $46.8M | +16.8% | $11.3M | 24.0% |
| Q4 FY2024 | $46.8M | +19.7% | $9.6M | 20.6% |
| Q3 FY2024 | $44.2M | +39.4% | $9.1M | 20.7% |
| Q2 FY2024 | $40.4M | +4.4% | $8.0M | 19.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $40.4M | $44.2M | $46.8M | $46.8M | $49.2M | $51.1M | $53.3M | $53.8M |
| YoY Growth | 4.4% | 39.4% | 19.7% | 16.8% | 21.8% | 15.6% | 13.9% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.89B | $4.91B | $5.28B | $5.41B | $5.49B | $5.78B | $5.86B | $5.91B |
| Liabilities | $4.42B | $4.42B | $4.78B | $4.91B | $4.97B | $5.25B | $5.31B | $5.35B |
| Equity | $472.5M | $489.0M | $491.3M | $505.8M | $519.0M | $538.4M | $552.4M | $562.2M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $16.5M | $12.4M | $52.7M | $14.3M | $14.0M | $16.9M | $61.7M |