NYSE$SMBK

Smartfinancial Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Announced results for the fourth quarter of 2024, demonstrating improved profitability and strategic growth.

SmartFinancial, Inc. reported a strong fourth quarter in 2024 with net income of $9.6 million, or $0.57 per diluted common share. The company experienced net organic loan and lease growth, expansion of net interest margin, and solid credit quality.

  • Operating earnings of $9.6 million, or $0.57 per diluted common share.
  • Net organic loan and lease growth of $189 million, reflecting a 20% annualized quarter-over-quarter increase.
  • Net tax equivalent interest margin expanded by 13 basis points to 3.24% quarter-over-quarter.
  • Nonperforming assets to total assets remained solid at 0.19%.

Headline financials

Total Revenue

$46.8M

Previous: $39.1M+19.7%
EPS (adj)

$0.57

Previous: $0.41+39.0%
Net Income

$9.64M

Previous: $6.19M+55.7%
Operating Income

$12.4M

Previous: $10.3M+20.0%

Revenue & EPS history

Smartfinancial · Revenue · Quarterly

$46.8M

Q4 2024+19.7%vs Q4 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

Forward guidance

SmartFinancial is committed and confident in its ability to further enhance profitability and drive value for its shareholders in 2025.

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 Q4 2024

Historical avgQ4 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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