SmartFinancial Financial Statements
NYSE: SMBKFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
SmartFinancial revenue and earnings
In fiscal 2025, SmartFinancial generated $200.5 million in revenue, up 16.9% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $50.3 million (+39.3% year over year), for a net margin of 25.1% versus a median of 21.1% in the prior 5 years. Diluted earnings per share came in at $2.98, up from $2.14.
Over the last 5 fiscal years, SMBK's revenue has grown at a 11.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
SmartFinancial income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 200.46M | 171.50M | 152.41M | 165.22M | 137.34M | 116.29M | 99.19M | 83.23M | 51.36M | 42.45M |
| Revenue growth (YoY) | +16.88% | +12.53% | -7.75% | +20.29% | +18.10% | +17.24% | +19.18% | +62.06% | +20.99% | +55.83% |
| Operating Expenses | 131.21M | 120.89M | 113.15M | 106.29M | 91.39M | 76.72M | 63.15M | 58.96M | 39.13M | 32.50M |
| Interest Expense | 119.87M | 113.77M | 87.96M | 21.33M | 11.84M | 16.75M | 24.57M | 15.57M | 5.69M | 4.30M |
| Pretax Income | 61.50M | 45.46M | 36.23M | 54.91M | 44.32M | 30.89M | 33.45M | 21.34M | 11.44M | 9.16M |
| Income Tax | 11.15M | 9.32M | 7.63M | 11.89M | 9.53M | 6.56M | 6.90M | 3.23M | 6.43M | 3.36M |
| Net Income | 50.35M | 36.14M | 28.59M | 43.02M | 34.79M | 24.33M | 26.55M | 18.10M | 5.02M | 5.80M |
| Net Income growth (YoY) | +39.31% | +26.40% | -33.54% | +23.66% | +42.98% | -8.35% | +46.66% | +260.95% | -13.52% | +284.10% |
| EPS (Basic) | 3.00 | 2.16 | 1.70 | 2.57 | 2.23 | 1.63 | 1.90 | 1.46 | 0.56 | 0.82 |
| EPS (Diluted) | 2.98 | 2.14 | 1.69 | 2.55 | 2.22 | 1.62 | 1.89 | 1.45 | 0.55 | 0.78 |
| Shares Outstanding (Basic) | 16.78M | 16.77M | 16.81M | 16.74M | 15.57M | 14.96M | 13.95M | 12.42M | 8.64M | 5.84M |
| Shares Outstanding (Diluted) | 16.90M | 16.88M | 16.91M | 16.87M | 15.70M | 15.02M | 14.05M | 12.52M | 8.79M | 6.12M |
| Net Margin | 25.12% | 21.07% | 18.76% | 26.04% | 25.33% | 20.92% | 26.76% | 21.75% | 9.77% | 13.66% |
This table shows 10 annual periods of SmartFinancial's income statement, from FY 2025 back to FY 2016, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow SMBK's reporting calendar. What is a income statement?