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Side-by-side financial comparison of SMARTFINANCIAL INC. (SMBK) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Latham Group, Inc. is the larger business by last-quarter revenue ($100.0M vs $53.8M, roughly 1.9× SMARTFINANCIAL INC.). SMARTFINANCIAL INC. runs the higher net margin — 25.4% vs -7.0%, a 32.4% gap on every dollar of revenue. Over the past eight quarters, SMARTFINANCIAL INC.'s revenue compounded faster (15.4% CAGR vs -4.9%).
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.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
SMBK vs SWIM — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $53.8M | $100.0M |
| Net Profit | $13.7M | $-7.0M |
| Gross Margin | — | 28.0% |
| Operating Margin | — | -10.7% |
| Net Margin | 25.4% | -7.0% |
| Revenue YoY | — | 14.5% |
| Net Profit YoY | 21.6% | 76.0% |
| EPS (diluted) | $0.81 | $-0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $53.8M | — | ||
| Q4 25 | $53.3M | $100.0M | ||
| Q3 25 | $51.1M | $161.9M | ||
| Q2 25 | $49.2M | $172.6M | ||
| Q1 25 | $46.8M | $111.4M | ||
| Q4 24 | $46.8M | $87.3M | ||
| Q3 24 | $44.2M | $150.5M | ||
| Q2 24 | $40.4M | $160.1M |
| Q1 26 | $13.7M | — | ||
| Q4 25 | $13.7M | $-7.0M | ||
| Q3 25 | $13.7M | $8.1M | ||
| Q2 25 | $11.7M | $16.0M | ||
| Q1 25 | $11.3M | $-6.0M | ||
| Q4 24 | $9.6M | $-29.2M | ||
| Q3 24 | $9.1M | $5.9M | ||
| Q2 24 | $8.0M | $13.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% |
| Q1 26 | — | — | ||
| Q4 25 | 31.3% | -10.7% | ||
| Q3 25 | 33.2% | 13.3% | ||
| Q2 25 | 29.0% | 14.3% | ||
| Q1 25 | 29.0% | -4.4% | ||
| Q4 24 | 26.5% | -14.9% | ||
| Q3 24 | 24.3% | 8.9% | ||
| Q2 24 | 25.6% | 12.5% |
| Q1 26 | 25.4% | — | ||
| Q4 25 | 25.7% | -7.0% | ||
| Q3 25 | 26.8% | 5.0% | ||
| Q2 25 | 23.8% | 9.3% | ||
| Q1 25 | 24.0% | -5.4% | ||
| Q4 24 | 20.6% | -33.4% | ||
| Q3 24 | 20.7% | 3.9% | ||
| Q2 24 | 19.8% | 8.3% |
| Q1 26 | $0.81 | — | ||
| Q4 25 | $0.81 | $-0.06 | ||
| Q3 25 | $0.81 | $0.07 | ||
| Q2 25 | $0.69 | $0.13 | ||
| Q1 25 | $0.67 | $-0.05 | ||
| Q4 24 | $0.57 | $-0.24 | ||
| Q3 24 | $0.54 | $0.05 | ||
| Q2 24 | $0.48 | $0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $346.1M | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $562.2M | $405.9M |
| Total Assets | $5.9B | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $346.1M | — | ||
| Q4 25 | $464.4M | — | ||
| Q3 25 | $557.1M | — | ||
| Q2 25 | $365.1M | — | ||
| Q1 25 | $423.0M | — | ||
| Q4 24 | $387.6M | — | ||
| Q3 24 | $192.9M | — | ||
| Q2 24 | $342.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $279.8M | ||
| Q3 25 | $1.3M | $281.1M | ||
| Q2 25 | $7.0M | $281.5M | ||
| Q1 25 | $7.6M | $306.9M | ||
| Q4 24 | $8.1M | $281.5M | ||
| Q3 24 | $9.0M | $282.8M | ||
| Q2 24 | $12.7M | $282.4M |
| Q1 26 | $562.2M | — | ||
| Q4 25 | $552.4M | $405.9M | ||
| Q3 25 | $538.4M | $408.4M | ||
| Q2 25 | $519.0M | $398.4M | ||
| Q1 25 | $505.8M | $381.1M | ||
| Q4 24 | $491.3M | $387.2M | ||
| Q3 24 | $489.0M | $416.6M | ||
| Q2 24 | $472.5M | $408.1M |
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $823.2M | ||
| Q3 25 | $5.8B | $844.4M | ||
| Q2 25 | $5.5B | $822.1M | ||
| Q1 25 | $5.4B | $824.6M | ||
| Q4 24 | $5.3B | $794.2M | ||
| Q3 24 | $4.9B | $853.4M | ||
| Q2 24 | $4.9B | $830.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.69× | ||
| Q3 25 | 0.00× | 0.69× | ||
| Q2 25 | 0.01× | 0.71× | ||
| Q1 25 | 0.02× | 0.81× | ||
| Q4 24 | 0.02× | 0.73× | ||
| Q3 24 | 0.02× | 0.68× | ||
| Q2 24 | 0.03× | 0.69× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $23.3M |
| Free Cash FlowOCF − Capex | — | $14.1M |
| FCF MarginFCF / Revenue | — | 14.1% |
| Capex IntensityCapex / Revenue | — | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $61.7M | $23.3M | ||
| Q3 25 | $16.9M | $51.0M | ||
| Q2 25 | $14.0M | $36.0M | ||
| Q1 25 | $14.3M | $-46.9M | ||
| Q4 24 | $52.7M | $6.2M | ||
| Q3 24 | $12.4M | $37.2M | ||
| Q2 24 | $16.5M | $52.4M |
| Q1 26 | — | — | ||
| Q4 25 | $59.3M | $14.1M | ||
| Q3 25 | $16.6M | $45.2M | ||
| Q2 25 | $13.2M | $29.1M | ||
| Q1 25 | $13.4M | $-50.3M | ||
| Q4 24 | $46.3M | $-98.0K | ||
| Q3 24 | $11.3M | $33.2M | ||
| Q2 24 | $15.4M | $47.9M |
| Q1 26 | — | — | ||
| Q4 25 | 111.3% | 14.1% | ||
| Q3 25 | 32.4% | 27.9% | ||
| Q2 25 | 26.9% | 16.8% | ||
| Q1 25 | 28.5% | -45.2% | ||
| Q4 24 | 98.9% | -0.1% | ||
| Q3 24 | 25.7% | 22.1% | ||
| Q2 24 | 38.2% | 29.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.5% | 9.2% | ||
| Q3 25 | 0.6% | 3.6% | ||
| Q2 25 | 1.6% | 4.0% | ||
| Q1 25 | 2.0% | 3.1% | ||
| Q4 24 | 13.7% | 7.2% | ||
| Q3 24 | 2.4% | 2.7% | ||
| Q2 24 | 2.7% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 4.50× | — | ||
| Q3 25 | 1.23× | 6.29× | ||
| Q2 25 | 1.20× | 2.25× | ||
| Q1 25 | 1.27× | — | ||
| Q4 24 | 5.47× | — | ||
| Q3 24 | 1.36× | 6.32× | ||
| Q2 24 | 2.07× | 3.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SMBK
| Net Interest Income | $45.9M | 85% |
| Noninterest Income | $7.9M | 15% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
