SMBK

This article first appeared on GuruFocus. SmartFinancial Inc (NYSE:SMBK) is set to release its Q2 2026 earnings on Jul 20, 2026. The consensus estimate for Q2 2026 revenue is $55.74 million, and the earnings are expected to come in at $0.90 per share. The full year 2026's revenue is expected to be $226.57 million and the earnings are expected to be $3.66 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 5 Warning Sign with SMBK. Is SMBK fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for SmartFinancial Inc (NYSE:SMBK) have increased from $220.44 million to $226.57 million for the full year 2026, and from $243.53 million to $247.83 million for 2027. Similarly, earnings estimates have increased from $3.46 per share to $3.66 per share for the full year 2026, and from $4.05 per share to $4.19 per share for 2027. In the previous quarter ending on March 31, 2026, SmartFinancial Inc's (NYSE:SMBK) actual revenue was $53.82 million, which beat analysts' revenue expectations of $52.98 million by 1.57%. SmartFinancial Inc's (NYSE:SMBK) actual earnings were $0.81 per share, which beat analysts' earnings expectations of $0.77 per share by 5.47%. After releasing the results, SmartFinancial Inc (NYSE:SMBK) was up by 0.90% in one day. Based on the one-year price targets offered by 6 analysts, the average target price for SmartFinancial Inc (NYSE:SMBK) is $47.96 with a high estimate of $54.00 and a low estimate of $45.00. The average target implies a downside of -1.40% from the current price of $48.64. Based on GuruFocus estimates, the estimated GF Value for SmartFinancial Inc (NYSE:SMBK) in one year is $43.37, suggesting a downside of -10.83% from the current price of $48.64. Based on the consensus recommendation from 6 brokerage firms, SmartFinancial Inc's (NYSE:SMBK) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

The upcoming report from SmarFinancial (SMBK) is expected to reveal quarterly earnings of $0.90 per share, indicating an increase of 30.4% compared to the year-ago period. Analysts forecast revenues of $55.72 million, representing an increase of 13.2% year over year. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. In light of this perspective, let's dive into the average estimates of certain SmarFinancial metrics that are commonly tracked and forecasted by Wall Street analysts. Analysts predict that the 'Efficiency Ratio' will reach 61.2%. The estimate compares to the year-ago value of 66.1%. According to the collective judgment of analysts, 'Net Interest Margin' should come in at 3.5%. The estimate is in contrast to the year-ago figure of 3.3%. Analysts forecast 'Average Balance - Total interest earning assets' to reach $5.55 billion. Compared to the present estimate, the company reported $4.96 billion in the same quarter last year. The average prediction of analysts places 'Total noninterest income' at $7.98 million. Compared to the current estimate, the company reported $8.90 million in the same quarter of the previous year. Analysts expect 'Net interest income (FTE)' to come in at $48.30 million. The estimate compares to the year-ago value of $40.69 million. Based on the collective assessment of analysts, 'Net interest income' should arrive at $47.68 million. The estimate compares to the year-ago value of $40.34 million. View all Key Company Metrics for SmarFinancial here>>> Shares of SmarFinancial have experienced a change of +5% in the past month compared to the +1.6% move of the Zacks S&P 500 composit...

KNOXVILLE, Tenn., July 06, 2026--(BUSINESS WIRE)--SmartFinancial, Inc. ("SmartFinancial") (NYSE: SMBK) announces details for the release of its results for the Second Quarter of 2026. SmartFinancial plans to issue its earnings release for the second quarter of 2026 on Monday, July 20, 2026, and will host a conference call on Tuesday, July 21, 2026, at 10:00 a.m. ET. To access this interactive teleconference, dial (833) 461-5787 and enter the Meeting ID: 208 155 555. A link to a replay of the conference call will be available on the company’s webpage through July 21, 2027. Conference call materials (earnings release & conference call presentation) will be published on the company’s webpage located at http://www.smartfinancialinc.com/CorporateProfile, at 9:00 a.m. ET prior to the morning of the conference call. About SmartFinancial, Inc. SmartFinancial, Inc., based in Knoxville, Tennessee, is the bank holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007, with locations across Tennessee, Alabama, Florida and Georgia. Recruiting the best people, delivering exceptional client service, strategic branching and a disciplined approach to lending have contributed to SmartBank’s success. More information about SmartFinancial can be found on its website: www.smartfinancialinc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706737115/en/ Contacts Investor Contacts Billy CarrollPresident and Chief Executive OfficerSmartFinancial, Inc.Email: [email protected] Phone: 865.868.0613 Nathan StrallVice President and Director of Strategy & Corporate DevelopmentSmartFinancial, Inc.Email: [email protected] Phone: 865.868.2604

KNOXVILLE, Tenn., April 30, 2026--(BUSINESS WIRE)--SmartFinancial, Inc. ("SmartFinancial") (NYSE: SMBK), the parent company for SmartBank, announced that on April 30, 2026, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.09 per share of SmartFinancial common stock payable on June 1, 2026, to shareholders of record as of the close of business on May 15, 2026. The $0.09 per share quarterly dividend represents a 12.5% increase over SmartFinancial’s prior quarterly dividend declared in January 2026 of $0.08 per share. About SmartFinancial, Inc. SmartFinancial, Inc., based in Knoxville, Tennessee, is the publicly-traded bank holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007 with branches across Tennessee, Alabama, and Florida. Recruiting the best people, delivering exceptional client service, strategic branching, and a disciplined approach to lending have all contributed to the company’s success. More information about SmartFinancial can be found on its website: www.smartfinancialinc.com. Forward-Looking Statements This news release may contain statements that are based on management’s current estimates or expectations of future events or future results, and that may be deemed to constitute forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These statements are not historical in nature and can generally be identified by such words as "expect," "anticipate," "intend," "plan," "believe," "seek," "may," "will," "estimate," and similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors that may cause the actual results of SmartFinancial to differ materially from future results expressed or implied by such forward-looking statements. These factors can be found in SmartFinancial’s most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K, in each case filed with or furnished to the Securities and Exchange Commission (the "SEC") and available on the SEC’s website (www.sec.gov). Undue reliance should not be placed on forward-looking statements. SmartFinancial disclaims any obligation to update or revise any forward-looking statements contained in this release, which speak only as of the date hereof, whether as a result of new information, future events, or ot...

This article first appeared on GuruFocus. Tangible Book Value: Increased to $27.33 per share, up from $26.86 at year-end. Operating Earnings: $13.7 million or $0.81 per diluted share. Total Operating Revenue: $53.8 million, up from $53.3 million in the prior quarter. Loan Growth: 14% annualized growth in loans. Core Deposit Growth: 7% annualized growth in core deposits. Nonperforming Assets: 25 basis points of total assets. Operating Noninterest Expenses: $32.9 million. Net Interest Income: $45.9 million, $782,000 higher than the previous quarter. Net Interest Margin: Improved by 10 basis points to 3.48%. Provision Expense: $4.1 million, including $926,000 for unfunded commitments liability. Allowance for Credit Losses: Increased to $44 million, representing 0.97% of total loans. Operating Noninterest Income: $7.9 million. Operating Efficiency Ratio: Around 60%. Consolidated TCE Ratio: Increased to 8%. Total Risk-Based Capital Ratio: 12.7%. Warning! GuruFocus has detected 5 Warning Sign with SMBK. Is SMBK fairly valued? Test your thesis with our free DCF calculator. Release Date: April 20, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. SmartFinancial Inc (NYSE:SMBK) increased its tangible book value to $27.33 per share, up from $26.86 at year-end. The company posted operating earnings of $13.7 million or $0.81 per diluted share, with total operating revenue of $53.8 million, surpassing the previous quarter. Loan growth was strong at 14% annualized, with core deposits growing at 7% annualized. Nonperforming assets remained low at 25 basis points, reflecting strong credit performance. The company successfully reduced operating noninterest expenses to $32.9 million, demonstrating expense discipline. There is increased competition in the market, particularly in Tennessee, with aggressive rate offerings from competitors. Deposit costs are expected to face upward pressure due to competitive market conditions. The company experienced a slight decline in operating noninterest income, primarily due to seasonality in mortgage banking and capital markets revenue. The allowance for credit losses increased to $44 million, representing 0.97% of total loans, up from 0.94% in the previous quarter. The company anticipates potential short-term pressure on deposit costs due to a mix shift in the deposit portfolio. Q: C...

Performance was driven by strong organic sales momentum, resulting in 14% annualized loan growth and 7% annualized core deposit growth. Management attributes the balance sheet expansion to a deliberate evolution into an organic growth company, supported by strategic hiring of revenue producers from regional competitors. Net interest margin was supported by a reduction in funding costs, driven by the full-quarter effects of federal rate cuts from the prior quarter and the strategic payoff of high-cost brokered deposits. The company is prioritizing 'pure organic growth' over M&A, stating that current internal momentum makes a strategic acquisition unlikely unless it is a 'unicorn' opportunity. Credit quality remains a core strength, with nonperforming assets at 0.25%, which management views as a validation of their disciplined risk-adjusted capital pricing model. Strategic focus is shifting toward private banking and wealth management to compete with national players for high-net-worth clientele in the Southeast. Management introduced the 'four-by-four' challenge, targeting a $1.00 per share EPS run rate by the fourth quarter of 2026. Net interest margin is expected to stabilize and remain flat in the second quarter before increasing slightly in the second half of the year as loan repricing provides a tailwind. The company anticipates maintaining an allowance for credit losses within the 97 to 98 basis point range, assuming prevailing market conditions remain stable. Operating efficiency is targeted to trend toward the 60% level by year-end through continued expense discipline and increased operating leverage. Loan growth is projected to continue at a 'high single-digits-plus' pace, supported by solid pipelines across Tennessee, Alabama, and the Florida Panhandle. The company updated its CECL allowance model to enable broader economic forecasting tailored to specific loan segments, resulting in an outsized provision adjustment this quarter. A seasonal withdrawal of noninterest-bearing deposits occurred early in the year, though management noted these were largely transitory funds from the prior year-end. The FDIC insurance accrual was reduced by $275,000 during the quarter but is expected to return to normal levels in future periods. Management flagged 'unreasonable rate competition' in the Southeast market, leading the bank to turn away some deals to preserve...

Image source: The Motley Fool. Monday, April 20, 2026 at 10 a.m. ET President and Chief Executive Officer — William Carroll Chief Financial Officer — Ronald Gorczynski Chief Credit Officer — Rhett Jordan Chairman of the Board — Miller Welborn Need a quote from a Motley Fool analyst? Email [email protected] William Carroll, our President and Chief Executive Officer, will begin our call, followed by Ronald Gorczynski, Chief Financial Officer, who will provide some additional commentary. We will be available to answer your questions at the end of our call. Our comments include forward-looking statements. These statements are subject to risks and uncertainties, and actual results could vary materially. We list the factors that might cause these results to differ materially in our press release and in our SEC filings, which are available on our website. We do not assume any obligation to update any forward-looking statements because of new information, early developments, or otherwise, except as may be required by law. During the call, we will reference non-GAAP financial measures related to the company's performance. You may see the reconciliation of these measures in the appendices of the earnings release and investor presentation filed on April 20, 2026 with the SEC. I will now turn it over to William Carroll to open our call. William Carroll: Thanks, Nate, and good morning, everyone. Great to be with you, and thank you for joining us today and for your interest in SmartFinancial, Inc. As usual, I will open up our call with some commentary and hand it over to Ron to walk through some numbers in greater detail. After our prepared comments, we will open it up with Ron, Nate, Brett Miller, and myself available for Q&A. It was a great start to the year for our company with another very busy quarter as we continue to execute on our strategy of leveraging the great foundation we have built over the last several years. Our team's focus on this execution continues to be outstanding, and 2026 was yet another example of that. So let me jump right into some of our highlights. First, and in my opinion, one of the most important metrics, we continue to increase the tangible book value of our company, which is now up to $27.33 per share, up from $26.86 at year-end. For the quarter, we posted operating earnings of $13.7 million, or $0.81 per diluted share, with total operating rev...

SmarFinancial (SMBK) came out with quarterly earnings of $0.81 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.41%. A quarter ago, it was expected that this bank holding company would post earnings of $0.8 per share when it actually produced earnings of $0.81, delivering a surprise of +1.25%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. SmarFinancial, which belongs to the Zacks Banks - Northeast industry, posted revenues of $53.82 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.31%. This compares to year-ago revenues of $46.83 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. SmarFinancial shares have added about 14.6% since the beginning of the year versus the S&P 500's gain of 4.1%. While SmarFinancial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for SmarFinancial was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) sto...

SmarFinancial (SMBK) reported $53.82 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 14.9%. EPS of $0.81 for the same period compares to $0.67 a year ago. The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $53.65 million. With the consensus EPS estimate being $0.81, the EPS surprise was -0.41%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how SmarFinancial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 61.2% versus the three-analyst average estimate of 62.8%. Net Interest Margin: 3.5% compared to the 3.4% average estimate based on three analysts. Net charge-offs to average loans: 0% versus the two-analyst average estimate of 0.1%. Average Balance - Total interest earning assets: $5.39 billion compared to the $5.45 billion average estimate based on two analysts. Total noninterest income: $7.94 million versus the three-analyst average estimate of $7.58 million. Mortgage banking: $0.76 million versus the three-analyst average estimate of $0.56 million. Net interest income (FTE): $46.24 million versus the three-analyst average estimate of $46.11 million. Investment services: $1.8 million versus the two-analyst average estimate of $1.75 million. Interchange and debit card transaction fees: $1.42 million compared to the $1.39 million average estimate based on two analysts. Other noninterest income: $2.11 million compared to the $2 million average estimate based on two analysts. Service charges on deposit accounts: $1.85 million versus $1.76 million estimated by two analysts on average. View all Key Company Metrics for SmarFinancial here>>> Shares of SmarFinancial have returned +13.9% over the past month versus the Zacks S&P 500 composite's +6.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommen...

KNOXVILLE, Tenn., April 20, 2026--(BUSINESS WIRE)--SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $13.7 million, or $0.81 per diluted common share, for the first quarter of 2026, compared to net income of $11.3 million, or $0.67 per diluted common share, for the first quarter of 2025, and compared to prior quarter net income of $13.7 million, or $0.81 per diluted common share. Highlights for the First Quarter of 2026 Operating earnings1 of $13.7 million, or $0.81 per diluted common share Net organic loan and lease growth of $155 million with 14% annualized quarter-over-quarter increase Deposit growth, excluding brokered deposits, of $95 million or 7% annualized quarter-over-quarter Net interest margin, fully tax equivalent basis ("FTE") expanded to 3.48%, reflecting lower deposit and funding costs Allowance for credit losses ("ACL") model change resulting in ACL to total loans and leases increase of 3bps to 0.97% Nashville expansion with Director of Private Banking and Wealth Management and additional commercial banker hires Billy Carroll, President & CEO, stated: "As anticipated, 2026 began with strong momentum due to the robust business pipeline established prior to year end and the diligent work of our associates in securing new business. Quarterly net balance loan growth of $155 million while core deposits increased by $95 million, surpassing initial forecasts. Deposit growth was particularly notable, especially after accounting for a projected $68 million seasonal withdrawal from a significant client relationship. Operating earnings per share were solid at $0.81, supported by an expansion of over 10 basis points in net interest margin quarter-over-quarter and disciplined expense management. Additionally, we maintained our quarter-over-quarter earnings per share despite a higher provision associated with a change in our ACL model, which we expect to normalize next quarter. Overall, this represents an excellent start to the year, made possible by the dedicated efforts of our over 580 associates. Thank you all for your continued commitment and positivity!" SmartFinancial's Chairman, Miller Welborn, concluded: "The Board is grateful to all our associates for delivering a strong start to 2026, which is a reflection of the team’s hard work and dedication. We appreciate the energy our teams are bringing, not...

SmartFinancial (SMBK) reported Q1 operating earnings Monday of $0.81 per diluted share, up from $0.6

KNOXVILLE, Tenn. (AP) — KNOXVILLE, Tenn. (AP) — SmartFinancial Inc. (SMBK) on Monday reported first-quarter earnings of $13.7 million. The bank, based in Knoxville, Tennessee, said it had earnings of 81 cents per share. The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 81 cents per share. The bank holding company posted revenue of $82.2 million in the period. Its revenue net of interest expense was $53.8 million, surpassing Street forecasts. Three analysts surveyed by Zacks expected $53.7 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMBK at https://www.zacks.com/ap/SMBK