NYSE$SMBK

Smartfinancial Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

SMBK Q2 2024 — n/d revenue, 9.00 EPS

In management’s opinion, all accounting adjustments necessary to accurately reflect the financial position and results of operations on the accompanying financial statements have been made. Smartfinancial Inc reported Q2 2024 results. Diluted EPS came in at $9.00. Net income of $17.4M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Diluted EPS: $9.00.
  • Net income: $17.4M.
  • Filed on Form 10-Q (accession 0001558370-24-011759).

Headline financials

Total Revenue

$40.4M

Previous: $38.7M+4.4%
EPS

$0.48

Previous: $0.52-7.7%
Capital Expenditures

-$4.02M

Previous: -$3.06M-31.3%
Free Cash Flow

$3.99M

Previous: $5.78M-31.0%
Net Income

$8M

Previous: $8.84M-9.4%
Operating Income

$4.23M

Previous: $9.28M-54.4%
Gross Profit

$39.5M

Previous: $38.3M+3.3%
Cash & Equivalents

$343M

Previous: $239M+43.5%
Total Assets

$4.89B

Previous: $4.75B+3.1%
Stock-Based Comp

$376K

Previous: $366K+2.7%

Revenue & EPS history

Smartfinancial · Revenue · Quarterly

$40.4M

Q2 2024+4.4%vs Q2 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Smartfinancial · $28M total across 4 segments · Q1 2020

  • Loans incl. fees
    $26.4M
  • Taxable securities
    $679K
  • Fed funds & other assets
    $602K
  • Tax-exempt securities
    $283K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.7%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+3.9%

Avg return

30 days after

55%

36 / 66 earnings

Positive

+14.3%

Q1 2011

Best reaction

-18.4%

Q3 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.7%-1.4%-2.8%
Q4 2025+3.1%+0.2%+7.1%
Q3 2025+3.1%+0.0%+1.3%
Q2 2025-0.9%-2.0%+2.6%
Q1 2025+6.7%+6.2%+10.4%
Q4 2024+10.1%+12.5%+12.5%
Q3 2024-0.1%+1.9%+14.7%
Q2 2024+5.0%+6.1%+2.8%
Q1 2024+1.6%+3.8%+17.4%
Q4 2023+2.4%+6.0%-4.0%
Q3 2023-2.2%-1.5%+3.3%
Q2 2023-1.8%-0.5%-6.1%
Q1 2023-0.7%-1.6%-0.4%
Q4 2022+0.5%-2.9%-0.1%
Q3 2022+4.0%+8.8%+8.3%
Q2 2022+2.8%+7.9%+7.8%
Q1 2022-1.8%-2.0%-0.1%
Q4 2021+1.7%+0.7%-1.0%
Q3 2021+0.6%+2.2%+4.0%
Q2 2021+2.9%+2.6%+3.5%
Q1 2021+0.8%+3.8%+6.5%
Q4 2020+1.9%+3.6%+4.6%
Q3 2020-1.5%+2.3%+20.8%
Q2 2020+1.7%+0.3%+2.6%
Q1 2020+12.3%+10.1%+5.5%
Q4 2019-1.5%+0.3%-8.0%
Q3 2019-1.5%-0.3%+8.4%
Q2 2019+1.3%-0.3%-13.2%
Q1 2019+7.0%+5.5%+8.0%
Q4 2018-0.3%+5.9%+11.3%
Q3 2018-9.1%-8.8%-8.2%
Q2 2018-2.6%-5.6%-3.8%
Q1 2018+0.1%+0.1%+4.9%
Q4 2017+2.5%-0.0%+0.8%
Q3 2017+0.0%-2.1%+3.7%
Q2 2017+3.0%-0.3%+3.1%
Q4 2016-0.2%-2.4%+5.0%
Q1 2017-0.2%-2.4%+5.0%
Q3 2016+1.4%+2.8%+12.6%
Q2 2016+1.3%-0.3%+4.9%
Q1 2016+0.9%
Q4 2015+0.5%
Q3 2015+0.6%
Q2 2015+1.3%
Q1 2015+4.4%
Q4 2014-3.8%
Q3 2014+0.0%
Q2 2014+0.0%
Q1 2014+0.4%
Q4 2013+6.8%
Q3 2013+0.0%
Q2 2013+0.0%
Q1 2013+0.0%
Q4 2012+0.0%
Q3 2012+6.7%
Q2 2012-6.4%
Q1 2012+14.3%
Q1 2011+14.3%
Q4 2009+11.1%
Q4 2011+11.1%
Q3 2011-18.4%
Q3 2010-18.4%
Q4 2010-8.2%
Q2 2011-8.2%
Q2 2010-8.2%
Q1 2010-2.0%

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