SMBKNYSENational Commercial BanksFiscal year ends December 31
SMARTFINANCIAL INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$50.51−0.33 (-0.65%)
Close on Oct 19, 2026
- Market cap
- $856.74M
- P/E (TTM)
- 14.9
- Dividend yield
- 0.63%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +16.9% | +6.7% | +11.5% | +22.1% | |
| EPS, diluted | +39.3% | +5.3% | +13.0% | +25.0% | |
| Free cash flow | +28.2% | +10.2% | +20.2% | +47.0% | |
| Dividend per share | 0.0% | +4.6% | +9.9% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 5.6% | 7.3% | – | |
| Return on assets | 0.6% | 0.8% | – | |
| Capex to revenue | 16.5% | 4.7% | 1.2% | |
| Diluted shares | 6M | 15M | 17M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Smartfinancial generated $257.12M from operations and spent $58.86M on capital expenditure, dividends and share buybacks. 51% of that went back into the business.
Generated
$257.12M
Used
$58.86M
Capital expenditure$29.93M51%Dividends$24.75M42%Share buybacks$4.18M7%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin21.1%
×Asset turnover0.03×
×Equity multiplier10.62×
=Return on equity, FY20247.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 21.1% | 0.03× | 10.62× | 7.6% |
| FY2023 | 18.8% | 0.03× | 10.61× | 6.4% |
| FY2022 | 26.0% | 0.04× | 10.73× | 10.0% |
| FY2021 | 25.3% | 0.03× | 10.06× | 8.8% |
| FY2020 | 20.9% | 0.04× | 8.59× | 7.3% |
| FY2019 | 26.8% | 0.04× | 7.93× | 8.9% |
| FY2018 | 21.7% | 0.04× | 8.17× | 7.4% |
| FY2017 | 9.8% | 0.04× | 8.95× | 3.2% |
| FY2016 | 13.7% | 0.04× | 10.16× | 5.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 3 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$61.72M
- Return on assets improvedROA up on the prior year0.7% → –
- Earnings backed by cashOperating cash flow above net income$61.72M vs –
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise17M → 17M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.04