SMBK
SmartFinancial, Inc.
NYSE: SMBK · FINANCIAL SERVICES · BANKS - REGIONAL
$41.94
+0.43% today
Updated 2026-04-30
Market cap
$732.16M
P/E ratio
13.72
P/S ratio
3.73x
EPS (TTM)
$3.12
Dividend yield
0.76%
52W range
$29 – $44
Volume
0.1M
SmartFinancial, Inc. (SMBK) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.27M | $36.48M | $32.57M | $28.64M | $28.29M | $21.68M | $20.37M | $20.39M | $21.32M | $29.25M | $45.59M | $55.65M | $96.74M | $115.17M | $133.04M | $149.18M | $186.55M | $240.37M | $285.27M | $316.37M |
| Revenue growth (YoY) | — | +16.7% | -10.7% | -12.1% | -1.2% | -23.4% | -6.0% | +0.1% | +4.5% | +37.2% | +55.9% | +22.1% | +73.8% | +19.1% | +15.5% | +12.1% | +25.0% | +28.8% | +18.7% | +10.9% |
| Cost of revenue | $11.41M | $24.82M | $16.20M | $26.09M | $16.49M | $6.81M | $5.21M | $3.82M | $2.47M | $3.68M | $5.09M | $6.48M | $18.50M | $27.17M | $25.43M | $13.47M | $25.35M | $90.99M | $118.92M | $123.48M |
| Gross profit | $19.86M | $11.66M | $16.38M | $2.55M | $11.80M | $14.87M | $15.16M | $16.57M | $18.85M | $25.57M | $40.51M | $49.18M | $78.24M | $88.00M | $107.61M | $135.71M | $161.20M | $149.38M | $166.35M | $192.88M |
| Gross margin | 63.5% | 32.0% | 50.3% | 8.9% | 41.7% | 68.6% | 74.4% | 81.3% | 88.4% | 87.4% | 88.8% | 88.4% | 80.9% | 76.4% | 80.9% | 91.0% | 86.4% | 62.1% | 58.3% | 61.0% |
| R&D | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $6.02M | $6.61M | $7.46M | $8.17M | $7.48M | $7.17M | $7.13M | $7.20M | $10.20M | $13.52M | $20.21M | $23.08M | $33.32M | $38.77M | $44.10M | $53.49M | $66.09M | $68.91M | $75.49M | $92.94M |
| Operating income | $9.14M | $730037.00 | $3.81M | $-13.51M | $-6.24M | $1.22M | $1.98M | $2.72M | $2.95M | $3.15M | $9.16M | $11.44M | $21.34M | $33.45M | $30.89M | $44.32M | $54.91M | $36.23M | $45.46M | $61.50M |
| Operating margin | 29.2% | 2.0% | 11.7% | -47.2% | -22.1% | 5.6% | 9.7% | 13.4% | 13.8% | 10.8% | 20.1% | 20.6% | 22.1% | 29.0% | 23.2% | 29.7% | 29.4% | 15.1% | 15.9% | 19.4% |
| EBITDA | $10.13M | $1.34M | $4.50M | $-12.56M | $-5.69M | $1.73M | $2.51M | $3.23M | $4.63M | $4.24M | $11.35M | $9.75M | $24.63M | $37.74M | $38.65M | $53.32M | $67.55M | $49.72M | $56.87M | $69.93M |
| EBITDA margin | 32.4% | 3.7% | 13.8% | -43.8% | -20.1% | 8.0% | 12.3% | 15.8% | 21.7% | 14.5% | 24.9% | 17.5% | 25.5% | 32.8% | 29.1% | 35.7% | 36.2% | 20.7% | 19.9% | 22.1% |
| EBIT | $9.14M | $730037.00 | $3.81M | $-13.51M | $-6.24M | $1.22M | $1.98M | $2.72M | $2.95M | $3.15M | $9.16M | $11.44M | $21.34M | $33.45M | $30.89M | $44.32M | $54.91M | $36.23M | $45.46M | $61.50M |
| Interest expense | $10.31M | $14.41M | $12.70M | $11.19M | $9.20M | $6.36M | $4.78M | $3.52M | $2.04M | $2.76M | $4.30M | $5.69M | $15.57M | $24.57M | $16.75M | $11.84M | $21.33M | $87.96M | $113.77M | $119.87M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $5.81M | $871152.00 | $2.51M | $-8.18M | $-4.71M | $1.03M | $1.40M | $1.68M | $1.83M | $1.51M | $5.80M | $5.02M | $18.10M | $26.55M | $24.33M | $34.79M | $43.02M | $28.59M | $36.14M | $50.35M |
| Net income growth (YoY) | — | -85.0% | +188.3% | -425.6% | +42.4% | +121.9% | +36.1% | +19.9% | +9.0% | -17.6% | +284.1% | -13.5% | +261.0% | +46.7% | -8.3% | +43.0% | +23.7% | -33.5% | +26.4% | +39.3% |
| Profit margin | 18.6% | 2.4% | 7.7% | -28.6% | -16.6% | 4.8% | 6.9% | 8.2% | 8.6% | 5.2% | 12.7% | 9.0% | 18.7% | 23.1% | 18.3% | 23.3% | 23.1% | 11.9% | 12.7% | 15.9% |