Income Statement

SMARTFINANCIAL INC.

SMBK
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY Dec 31, 2014 2014 FY Dec 31, 2013 2013 FY Dec 31, 2012 2012 FY Dec 31, 2011 2011 FY
Revenue
320.32 171.50 152.41 186.55 149.18 133.04 123.77 98.79 57.00 46.75 30.00 19.96 20.39 20.37 21.68
Cost of Revenue
127.62 - - 25.35 13.47 25.43 27.17 18.50 6.48 5.09 3.68 1.89 4.33 5.21 6.81
Gross Profit
192.71 - - 161.20 135.71 107.61 96.60 80.29 50.53 41.66 26.32 18.07 16.06 15.16 14.87
Operating Expenses
131.21 120.89 113.15 106.29 91.39 76.72 63.15 58.96 39.08 32.50 23.17 14.00 13.85 13.18 13.65
Research & Development
- - - - - - - - - - - - - - -
Selling, General & Administrative
78.30 72.10 65.75 63.42 51.66 42.91 36.64 30.63 20.74 17.72 11.83 7.05 6.56 6.33 6.12
Other Operating Expenses
52.91 48.79 47.40 42.87 39.74 33.81 26.52 28.33 18.34 14.78 11.33 6.95 7.29 6.85 7.53
Operating Income
61.50 -120.89 -113.15 54.91 44.32 30.89 33.45 21.34 11.44 9.16 3.15 4.07 2.21 1.98 1.22
Non-Operating Income
0.00 -166.35 -149.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.42 -0.51 0.00 0.00
Interest Income
285.97 251.12 218.04 158.83 125.23 117.61 108.46 92.21 52.02 42.56 27.75 18.14 18.45 19.35 20.49
Interest Expense
119.87 113.77 87.96 21.33 11.84 16.75 24.58 15.57 5.69 4.30 2.76 2.79 3.52 4.78 6.36
Other Non-Op Income / Expense
- - - - - - - - - - - - - - -
Income Before Tax
61.50 45.46 36.23 54.91 44.32 30.89 33.45 21.34 11.44 9.16 3.15 2.65 2.72 1.98 1.22
Income Tax Expense
11.15 9.32 7.63 11.89 9.53 6.56 6.90 3.23 6.43 9.16 3.15 2.65 2.72 1.98 1.22
Non-Controlling Interest
- - - - - - - - - - - - - - -
Net Income
50.35 36.14 28.59 43.02 34.79 24.33 26.55 18.10 5.02 0.00 0.00 0.00 0.00 0.00 0.00
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY Dec 31, 2014 2014 FY Dec 31, 2013 2013 FY Dec 31, 2012 2012 FY Dec 31, 2011 2011 FY
Depreciation & Amortization
- - - - - - - - - - - - - - -
EBITDA
69.09 -111.90 -102.28 64.95 51.06 36.91 37.75 17.62 13.91 11.35 4.24 4.48 2.72 2.51 1.73
Earnings Per Share (Basic)
3.00 2.16 1.70 2.57 2.23 1.63 1.90 1.46 0.56 0.82 0.35 0.01 0.02 0.02 0.05
Diluted EPS
2.98 2.14 1.69 2.55 2.22 1.62 1.89 1.45 0.55 0.78 0.32 0.01 0.02 0.02 0.05
Weighted Average Shares
16.78 16.77 16.81 16.74 15.57 14.96 13.95 12.42 8.64 5.84 3.99 - - - -
Diluted Weighted Avg Shares
16.90 16.88 16.91 16.87 15.70 15.02 14.05 12.52 8.79 6.12 4.28 - - - -
Comprehensive Income
64.70 38.38 38.01 6.26 34.05 26.35 29.48 16.54 4.82 5.15 1.46 1.68 0.47 1.73 2.48