SmartFinancial Inc reports results for the quarter ended June 30 - Earnings Summary

SmartFinancial

21/07/2025 22:56

SmartFinancial Inc SMBK.N reported quarterly adjusted earnings of 69 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 46 cents.  The mean expectation of six analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 59 cents to 67 cents per share.

Revenue rose 21.8% to $49.24 million from a year ago; analysts expected $48.48 million.

SmartFinancial Inc's reported EPS for the quarter was 69 cents​.

The company reported quarterly net income of $11.71 million.

SmartFinancial Inc shares had risen by 7.4% this quarter and gained 17.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 11% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 $35.75, about 0.9% below its last closing price of $36.07

This summary was machine generated from LSEG data July 21 at 09:56 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.64
0.69
Beat
Mar. 31 2025
0.55
0.67
Beat
Dec. 31 2024
0.51
0.57
Beat
Sep. 30 2024
0.47
0.54
Beat