SmartFinancial reported a strong quarter with significant growth in net income, book value, and loan and deposit growth, supported by solid credit metrics and improved net interest margin. While there were seasonal deposit outflows and an increase in deposit costs, the overall performance was robust.

Company Guidance -

Q3 2025

During the SmartFinancial Second Quarter 2025 Earnings Call, the company provided detailed guidance and key metrics reflecting a strong financial performance. SmartFinancial reported a net income of $11.7 million, or $0.69 per diluted share, marking five consecutive quarters of positive leverage. The tangible book value per share increased to $24.42, or $25.43 when including the impact of AOCI, representing over 13% annualized growth quarter-over-quarter. Loan growth was robust at a 13% annualized pace for Q2, while deposits grew at a 5% annualized rate, maintaining an 85% loan-to-deposit ratio. The net interest margin rose to 3.29%, with new loan production yields at 7.11% and an average portfolio yield of 6.07%. Nonperforming assets were notably low at 0.19% of total assets. For the third quarter, SmartFinancial projected a net interest margin in the 3.3% to 3.35% range, noninterest income of approximately $9 million, and noninterest expenses between $33.8 million and $34 million, with a focus on talent acquisition and maintaining a strong growth trajectory.

Strong Net Income and Earnings Per Share

SmartFinancial posted net income GAAP and operating of $11.7 million or $0.69 per diluted share, marking five consecutive quarters of positive leverage.

Tangible Book Value Growth

Tangible book value increased to $24.42 per share, a growth of over 13% annualized quarter-over-quarter.

Loan and Deposit Growth

Loan growth was at a 13% annualized pace for Q2, while deposit growth was 5% quarter-over-quarter annualized.

Strong Credit Metrics

Non-performing assets were just 19 basis points, and net charge-offs to average loans stayed at 0.01% annualized.

Net Interest Margin Improvement

Net interest margin increased to 3.29%, representing an improvement of 8 basis points over the previous quarter.

Noninterest Income and Revenue Expansion

Total revenue came in at $49.2 million with noninterest income rising to $8.9 million, exceeding projections.

SmartFinancial (SMBK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SMBK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 27, 2025	2025 (Q3)	0.72 / -	0.54	―	―	―
Jul 21, 2025	2025 (Q2)	0.64 / 0.69	0.46	50.00% (+0.23)
Apr 21, 2025	2025 (Q1)	0.55 / 0.67	0.49	36.73% (+0.18)
Jan 21, 2025	2024 (Q4)	0.51 / 0.57	0.41	39.02% (+0.16)
Oct 21, 2024	2024 (Q3)	0.46 / 0.54	0.43	25.58% (+0.11)
Jul 22, 2024	2024 (Q2)	0.39 / 0.46	0.52	-11.54% (-0.06)
Apr 22, 2024	2024 (Q1)	0.41 / 0.49	0.68	-27.94% (-0.19)
Jan 22, 2024	2023 (Q4)	0.41 / 0.41	0.76	-46.05% (-0.35)
Oct 23, 2023	2023 (Q3)	0.47 / 0.43	0.69	-37.68% (-0.26)
Jul 24, 2023	2023 (Q2)	0.53 / 0.52	0.61	-14.75% (-0.09)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SMBK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 21, 2025	$36.07	$35.42	-1.80%
Apr 21, 2025	$28.34	$30.24	+6.70%
Jan 21, 2025	$32.11	$34.70	+8.07%
Oct 21, 2024	$30.02	$30.91	+2.96%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does SmartFinancial, Inc. (SMBK) report earnings?

SmartFinancial, Inc. (SMBK) is schdueled to report earning on Oct 27, 2025, Before Open (Confirmed).

What is SmartFinancial, Inc. (SMBK) earnings time?

SmartFinancial, Inc. (SMBK) earnings time is at Oct 27, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SMBK EPS forecast?

SMBK EPS forecast for the fiscal quarter 2025 (Q3) is 0.73.

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