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SMBK

SmartFinancial Inc

$27

Earnings Summary

Revenue
$36.31Mn
Net Profits
$33.06Mn
Net Profit Margins
91.06%
PE Ratio
13.09

Highlights

Revenue:

SmartFinancial Inc’s revenue jumped 13.32% since last year same period to $36.31Mn in the Q2 2022. On a quarterly growth basis, SmartFinancial Inc has generated -2.47% fall in its revenue since last 3-months.

Net Profits:

SmartFinancial Inc’s net profit jumped 276.65% since last year same period to $33.06Mn in the Q2 2022. On a quarterly growth basis, SmartFinancial Inc has generated 300.31% jump in its net profits since last 3-months.

Net Profit Margins:

SmartFinancial Inc’s net profit margin jumped 232.36% since last year same period to 91.06% in the Q2 2022. On a quarterly growth basis, SmartFinancial Inc has generated 310.46% jump in its net profit margins since last 3-months.

PE Ratio:

SmartFinancial Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 13.09.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the SmartFinancial Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.72
EPS Estimate Current Year
0.72

Highlights

EPS Estimate Current Quarter:

SmartFinancial Inc’s earning per share (EPS) estimates for the current quarter stand at 0.72 - a 18.03% jump from last quarter’s estimates.

EPS Estimate Current Year:

SmartFinancial Inc’s earning per share (EPS) estimates for the current year stand at 0.72.

Key Ratios

Key ratios of the SmartFinancial Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.61
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
0.26

Highlights

Earning Per Share (EPS):

SmartFinancial Inc’s earning per share (EPS) jumped 5.17% since last year same period to 0.61 in the Q2 2022. This indicates that the SmartFinancial Inc has generated 5.17% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. SmartFinancial Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. SmartFinancial Inc’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

SmartFinancial Inc declared 0.26 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-25
0.61
0.61
0%
2022-05-10
0.51
0.49
-3.92%

Company Information

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 35 branches spanning East and Middle Tennessee, Alabama and the Florida Panhandle. Recruiting the best people, delivering exceptional client service, strategic branching, and a disciplined approach to lending have all contributed to the company's success.

Organisation
SmartFinancial Inc
Employees
470
Industry
Finance