← SMARTFINANCIAL INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $38.3m |
$46.3m
+21.08%
|
$76.6m
+65.43%
|
$83.9m
+9.44%
|
$100.9m
+20.25%
|
$113.4m
+12.42%
|
$137.5m
+21.26%
|
$130.1m
-5.40%
|
$137.3m
+5.59%
|
$166.1m
+20.93%
|
$302.5m
+82.09%
|
|
| Labor and Related Expense | $17.7m | $20.7m | $30.6m | $36.6m | $42.9m | $51.7m | $63.4m | $65.7m | $72.1m | $78.3m | — | |
| Amortization of Intangible Assets | $305k | $346k | $976k | $1.4m | $1.7m | $2.3m | $2.6m | $2.6m | $2.4m | $2.1m | — | |
| Operating Lease, Expense | — | — | — | $875k | $1.2m | $1.3m | $1.7m | $1.8m | $2.0m | $1.9m | — | |
| Noninterest expense: | ||||||||||||
| Interest expense: | ||||||||||||
| Interest Expense, Debt | — | — | — | — | $816k | $540k | $602k | $936k | — | — | $121.0m | |
| Total interest expense | $4.3m | $5.7m | $15.6m | $24.6m | $16.7m | $11.8m | $21.3m | $88.0m | $113.8m | $119.9m | — | |
| Interest Income, Operating | $42.6m | $52.0m | $92.2m | $108.5m | $117.6m | $125.2m | $158.8m | $218.0m | $251.1m | $286.0m | $302.5m | |
| Debt and Equity Securities, Gain (Loss) | — | — | $1k | — | $6k | — | — | — | — | — | — | |
| Debt Securities, Realized Gain (Loss) | — | — | — | $34k | $6k | $45k | $144k | — | $64k | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $9.2m | $11.4m | $21.3m | $33.4m | $30.9m | $44.3m | $54.9m | $36.2m | $45.5m | $61.5m | $71.0m | |
| Income Tax Expense (Benefit) | $3.4m | $6.4m | $3.2m | $6.9m | $6.6m | $9.5m | $11.9m | $7.6m | $9.3m | $11.2m | $13.6m | |
| Net Income (Loss) Attributable to Parent | $5.8m |
$5.0m
-13.52%
|
$18.1m
+260.96%
|
$26.5m
+46.65%
|
$24.3m
-8.35%
|
$34.8m
+42.98%
|
$43.0m
+23.66%
|
$28.6m
-33.54%
|
$36.1m
+26.40%
|
$50.3m
+39.31%
|
$57.4m
+13.99%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $4.8m |
$4.8m
+0.91%
|
$18.1m
+275.56%
|
$26.5m
+46.65%
|
$24.3m
-8.35%
|
$34.8m
+42.98%
|
$43.0m
+23.66%
|
$28.6m
-33.54%
|
$36.1m
+26.40%
|
$50.3m
+39.31%
|
$57.4m
+13.99%
|
|
| Preferred Stock Dividends, Income Statement Impact | $1.0m | $195k | $0 | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $0.82 | $0.56 | $1.46 | $1.90 | $1.63 | $2.23 | $2.57 | $1.70 | $2.16 | $3.00 | $3.41 | |
| Earnings Per Share, Diluted | $0.78 | $0.55 | $1.45 | $1.89 | $1.62 | $2.22 | $2.55 | $1.69 | $2.14 | $2.98 | $3.39 | |
| Weighted Average Number of Shares Outstanding, Basic | 5.8m | 8.6m | 12.4m | 14.0m | 15.0m | 15.6m | 16.7m | 16.8m | 16.8m | 16.8m | 16.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 6.1m | 8.8m | 12.5m | 14.0m | 15.0m | 15.7m | 16.9m | 16.9m | 16.9m | 16.9m | 16.9m | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | — | — | $596k | $568k | $707k | $1.7m | $1.9m | $2.0m | $2.5m | $3.6m | — | |
| Business Combination, Acquisition Related Costs | — | $2.4m | $3.8m | $3.2m | $4.6m | $3.7m | $562k | $110k | — | $1.3m | — | |
| Depreciation, Depletion and Amortization, Nonproduction | $2.2m | $2.5m | ($3.7m) | $4.3m | $6.0m | $6.7m | $10.0m | $10.9m | $9.0m | $7.6m | $1.9m | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | $3.0m | $5.2m | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | — | — | — | — |