SmartFinancial's Q3 net income rises, driven by organic loan growth

SmartFinancial

21/10/2025 22:09

Overview

SmartFinancial Q3 net income rises to $13.7 mln, with EPS at $0.81

Company achieved $50 mln in quarterly operating revenue, ahead of schedule

Net organic loan and lease growth of $98 mln, with 10% annualized increase

Outlook

SmartFinancial aims to close 2025 with increased market share

Result Drivers

ORGANIC GROWTH - Co achieved 10% annualized organic loan growth and 15% annualized deposit growth, enhancing revenue

SBKI SALE - Sale of SBK Insurance resulted in $4.0 mln pre-tax gain, unlocking capital for future growth

DEBT ISSUANCE - $100 mln subordinated debt issuance to retire existing $40 mln debt and fund additional growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.81
Q3 Net Income
$13.70 mln
Q3 Net Interest Income
$42.40 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for SmartFinancial Inc is $39.00, about 9.7% above its October 21 closing price of $35.21

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw5TC6SJa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)