SmartFinancial Inc reports results for the quarter ended June 30 - Earnings Summary
SmartFinancial Inc reports results for the quarter ended June 30 - Earnings Summary
SmartFinancial Inc SMBK.N reported quarterly adjusted earnings of 96 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of six analysts for the quarter was for earnings of 90 cents per share. Wall Street expected results to range from 88 cents to 93 cents per share.
Revenue rose 13.6% to $55.95 million from a year ago; analysts expected $55.74 million.
SmartFinancial Inc's reported EPS for the quarter was 96 cents.
The company reported quarterly net income of $16.32 million.
SmartFinancial Inc shares had risen by 2.6% this quarter and gained 30.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.6% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for SmartFinancial Inc is $46.63, about 2.2% below its last closing price of $47.67
This summary was machine generated from LSEG data July 20 at 09:48 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 2026 | 0.90 | 0.96 | Beat |
Mar. 31 2026 | 0.78 | 0.81 | Beat |
Dec. 31 2025 | 0.78 | 0.81 | Beat |
Sep. 30 2025 | 0.73 | 0.86 | Beat |
Recent news on SmartFinancial
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SmartFinancial Inc reports results for the quarter ended September 30 - Earnings Summary
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