Earnings summaries and quarterly performance for SMARTFINANCIAL.
Executive leadership at SMARTFINANCIAL.
Board of directors at SMARTFINANCIAL.
CG
Cathy G. Ackermann
Detailed
Director
DA
David A. Ogle
Detailed
Lead Independent Director
GA
Geoffrey A. Wolpert
Detailed
Director
KE
Keith E. Whaley, O.D.
Detailed
Director
KD
Kelli D. Shomaker
Detailed
Director
SB
Steven B. Tucker
Detailed
Director
VL
Victor L. Barrett
Detailed
Director
WM
Wesley M. (“Miller”) Welborn
Detailed
Chairman of the Board
W(
William (“Bill”) Y. Carroll, Sr.
Detailed
Vice Chairman of the Board
Research analysts who have asked questions during SMARTFINANCIAL earnings calls.
SS
Stephen Scouten
Piper Sandler & Co.
8 questions for SMBK
Also covers: ABCB, AMTB, AUB +24 more
Catherine Mealor
Keefe, Bruyette & Woods
7 questions for SMBK
Also covers: ABCB, AUB, CADE +21 more
Russell Gunther
Stephens Inc.
7 questions for SMBK
Also covers: ABCB, AMTB, AUB +10 more
SM
Steve Moss
Raymond James
5 questions for SMBK
Also covers: AUB, BRKL, BWFG +11 more
BR
Brett Rabatin
Hovde Group, LLC
4 questions for SMBK
Also covers: BOKF, BPOP, CADE +19 more
Christopher Marinac
Janney Montgomery Scott LLC
4 questions for SMBK
Also covers: ABCB, BFST, BKU +25 more
SM
Stephen Moss
Raymond James Financial, Inc.
2 questions for SMBK
Also covers: AUB, BRKL, CAC +12 more
NL
Nick Lawrence
Stephens Inc.
1 question for SMBK
TR
Thomas Reid
Raymond James
1 question for SMBK
Also covers: DCOM, FFIC, PFS
WJ
William Jones
Truist Securities
1 question for SMBK
Also covers: ABCB, AMTB, CRH +7 more
Recent press releases and 8-K filings for SMBK.
SmartFinancial Reports Strong Q4 and Full-Year 2025 Results, Sets Ambitious 2026 EPS Goal
SMBK
Earnings
Guidance Update
New Projects/Investments
- SmartFinancial reported Q4 2025 operating earnings of $13.7 million or $0.81 per diluted share, contributing to record earnings of over $51 million for the full year 2025.
- The company demonstrated strong balance sheet growth in Q4 2025, with 13% annualized loan growth and 8% annualized deposit growth.
- Net interest margin increased by 13 basis points to 3.38% in Q4 2025, and the operating efficiency ratio improved to 60%.
- For Q1 2026, SmartFinancial projects net interest margin in the 3.4%-3.45% range and anticipates non-interest expenses between $33.5 million-$34 million.
- The company announced a planned expansion into the Columbus, Georgia market and set an internal challenge goal to achieve a $4 EPS run rate by the end of 2026.
6 days ago
SmartFinancial Reports Strong Q4 2025 Results and Provides 2026 Outlook
SMBK
Earnings
Guidance Update
New Projects/Investments
- SmartFinancial reported Q4 2025 operating earnings of $0.81 per diluted share and record annual earnings of over $51 million, with tangible book value increasing to $26.85 per share.
- The company achieved 13% annualized loan growth and 8% annualized deposit growth in Q4 2025, while expanding its net interest margin by 13 basis points to 3.38%.
- For Q1 2026, the net interest margin is projected to be in the 3.4%-3.45% range, with an expectation to reach the 350 plus or minus range by year-end 2026.
- Management set an internal goal to achieve a $4 EPS run rate by the end of 2026, targeting $1 in earnings per share by Q4 2026, and projects high single-digit plus loan growth for 2026.
- SmartFinancial announced a planned expansion into the Columbus, Georgia market and will continue to focus on organic growth and talent acquisition.
6 days ago
SmartFinancial Reports Strong Q4 and Full-Year 2025 Results, Sets 2026 EPS Goal
SMBK
Earnings
Guidance Update
New Projects/Investments
- SmartFinancial reported Q4 2025 operating earnings of $0.81 per diluted share and record full-year 2025 earnings of over $51 million.
- The company saw strong balance sheet growth in Q4 2025, with loans up 13% annualized and deposits up 8% annualized, while tangible book value increased to $26.85 per share. The net interest margin (NIM) also improved by 13 basis points to 3.38%.
- For 2026, SmartFinancial has set an internal goal to achieve a $4 EPS run rate by year-end, targeting $1 in EPS by Q4. The company projects Q1 2026 NIM in the 3.4%-3.45% range and anticipates approximately 5% year-over-year core expense growth for the full year.
- Strategic initiatives include a planned expansion into the Columbus, Georgia market and a continued focus on high single-digit plus organic loan growth for 2026.
6 days ago
SMBK Reports Strong Q4 and Full Year 2025 Financial Results
SMBK
Earnings
Revenue Acceleration/Inflection
Dividends
- SMBK reported a Diluted Operating EPS of $0.81 for Q4 2025 and $3.03 for the full year 2025, representing a 42% increase from Q4 2024 and a 22% CAGR from 2023 to 2025, respectively.
- The company demonstrated improved operational efficiency with an Operating Efficiency Ratio of 60.4% in Q4 2025 and 64.4% for the full year 2025.
- Total Loans and Leases grew to $4,363.6 million and Total Deposits reached $5,152.8 million for the full year 2025, reflecting 13% and 10% CAGR respectively from 2023.
- Tangible Book Value Per Share increased to $26.85 in Q4 2025, up from $22.85 in Q4 2024, while maintaining strong asset quality with Non-Performing Assets / Total Assets at 0.22%.
6 days ago
SmartFinancial Reports Q4 2025 Results
SMBK
Earnings
Guidance Update
Revenue Acceleration/Inflection
- SmartFinancial reported Q4 2025 net income of $13.7 million, or $0.81 per diluted share, an increase from $9.6 million ($0.57) a year earlier, with revenue rising approximately 19% to $45.09 million.
- The company achieved $141 million in net organic loan and lease growth and 8% annualized deposit growth in Q4 2025, alongside a tax-equivalent net interest margin expansion to 3.38%.
- For full-year 2025, SmartFinancial highlighted roughly 12% organic loan growth, 14% organic deposit growth (excluding brokered deposits), and a 17% rise in tangible book value per share.
- Management is targeting a roughly $4.00 EPS run-rate by the end of 2026.
6 days ago
SmartFinancial Announces Fourth Quarter and Full Year 2025 Results
SMBK
Earnings
Revenue Acceleration/Inflection
- SmartFinancial reported net income of $13.7 million, or $0.81 per diluted common share, for the fourth quarter of 2025.
- The company achieved 13% annualized quarter-over-quarter net organic loan and lease growth and 8% annualized quarter-over-quarter deposit growth in Q4 2025.
- The tax equivalent net interest margin (FTE) expanded to 3.38% in the fourth quarter of 2025, up from 3.25% in the prior quarter.
- Asset quality improved, with nonperforming loans and leases as a percentage of total loans and leases decreasing to 0.22% as of December 31, 2025.
- For the full year 2025, diluted operating earnings per share were $3.03, and tangible book value per common share rose 17% to $26.85.
6 days ago
SmartFinancial Announces Fourth Quarter and Full Year 2025 Results
SMBK
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- SmartFinancial reported net income of $13.7 million, or $0.81 per diluted common share, for the fourth quarter of 2025, an increase from $9.6 million, or $0.57 per diluted common share, in the fourth quarter of 2024.
- Operating earnings for Q4 2025 were also $13.7 million, or $0.81 per diluted common share, compared to $9.6 million, or $0.57 per diluted common share, in Q4 2024.
- The company achieved net organic loan and lease growth of $141 million, representing a 13% annualized quarter-over-quarter increase, and deposit growth of $102 million, an 8% annualized quarter-over-quarter increase, in the fourth quarter of 2025.
- The net interest margin (FTE) expanded to 3.38% for the fourth quarter of 2025, up from 3.25% in the prior quarter, driven by lower deposit and funding costs.
- Tangible book value per common share grew 13% quarter-over-quarter to $26.85 at December 31, 2025.
6 days ago
SmartFinancial Extends Subordinated Notes Exchange Offer
SMBK
Debt Issuance
- SmartFinancial, Inc. has extended its exchange offer for up to $100.0 million aggregate principal amount of 7.25% Fixed-to-Floating Rate Subordinated Notes due 2035.
- The new expiration date for the exchange offer is January 9, 2026, at 5:00 p.m., New York City time, extended from the previous January 2, 2026 deadline.
- As of January 2, 2026, $82.5 million aggregate principal amount of the outstanding notes, representing 82.5% of the total, have been tendered for exchange.
Jan 5, 2026, 1:45 PM
SMBK Reports Q3 2025 Results with Strong Deposit Growth and Positive 2026 Margin Outlook
SMBK
Earnings
Guidance Update
Debt Issuance
- SMBK reported a loan-to-deposit ratio of 84% in Q3 2025, which was down quarter-over-quarter despite 10% loan growth. The net interest margin (NIM) declined 4 basis points to 3.25%. The company achieved strong non-brokered deposit growth of $283 million, representing an annualized 24%.
- Asset quality remained robust, with non-performing assets comprising 0.22% of total assets and net charge-offs to average loans at 10 basis points on an annualized basis. The CRE concentration ratio decreased to 271% from 301% due to a $45 million equity capital injection.
- The company paid down $104 million of brokered deposits in Q3 2025 and anticipates paying down an additional $111 million in Q4. A subordinated debt issuance closed in August provided $98 million in net proceeds, and a securities repositioning, offset by the sale of insurance operations, is expected to generate $2.6 million in additional annual interest income.
- SMBK projects its Q4 2025 net interest margin to be in the 3.3% to 3.35% range and anticipates 5 to 7 basis points of margin expansion quarter-over-quarter throughout 2026. Non-interest expense for the full year 2026 is expected to be in the $34 million to $35 million range.
Oct 22, 2025, 2:00 PM
SMBK Reports Strong Q3 2025 Operating Results and Positive Outlook
SMBK
Earnings
Guidance Update
Revenue Acceleration/Inflection
- SMBK reported Q3 2025 operating earnings of $14.5 million or $0.86 per diluted share, achieving its $50 million quarterly revenue target with total operating revenue of $50.8 million.
- The company demonstrated strong balance sheet growth, with 10% annualized loan growth and 15% annualized deposit growth for Q3 2025, contributing to a tangible book value increase to $26.63 per share (excluding AOCI), an over 26% annualized quarter-over-quarter growth.
- Despite a four basis point decline in net interest margin (NIM) to 3.25% in Q3 2025, SMBK projects NIM to be in the 3.3% to 3.35% range for Q4 2025 and anticipates five to seven basis points of expansion quarter over quarter throughout 2026.
- SMBK maintained robust asset quality with non-performing assets at 0.22% of total assets and achieved its sixth consecutive quarter of positive operating leverage, with plans to pay down an additional $111 million in brokered deposits during Q4 2025.
Oct 22, 2025, 2:00 PM
Quarterly earnings call transcripts for SMARTFINANCIAL.
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