We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
SmarFinancial (SMBK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Read MoreHide Full Article
For the quarter ended December 2024, SmarFinancial (SMBK - Free Report) reported revenue of $46.81 million, up 19.7% over the same period last year. EPS came in at $0.57, compared to $0.41 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $45.04 million, representing a surprise of +3.93%. The company delivered an EPS surprise of +5.56%, with the consensus EPS estimate being $0.54.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how SmarFinancial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 69% versus 69% estimated by three analysts on average.
Net Interest Margin: 3.2% versus 3.1% estimated by three analysts on average.
Net charge-offs to average loans: 0% versus the two-analyst average estimate of 0.1%.
Average Balance - Total interest earning assets: $4.68 billion versus the two-analyst average estimate of $4.68 billion.
Total noninterest income: $9.03 million compared to the $8.27 million average estimate based on three analysts.
Mortgage banking: $0.54 million compared to the $0.30 million average estimate based on three analysts.
Net interest income (FTE): $38.11 million compared to the $37.11 million average estimate based on two analysts.
Interchange and debit card transaction fees: $1.33 million versus the two-analyst average estimate of $1.39 million.
Service charges on deposit accounts: $1.78 million versus $1.76 million estimated by two analysts on average.
Investment services: $1.38 million compared to the $1.52 million average estimate based on two analysts.
Other noninterest income: $2.10 million versus $1.38 million estimated by two analysts on average.
Insurance commissions: $1.83 million versus the two-analyst average estimate of $1.50 million.
Shares of SmarFinancial have returned +0.9% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
SmarFinancial (SMBK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended December 2024, SmarFinancial (SMBK - Free Report) reported revenue of $46.81 million, up 19.7% over the same period last year. EPS came in at $0.57, compared to $0.41 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $45.04 million, representing a surprise of +3.93%. The company delivered an EPS surprise of +5.56%, with the consensus EPS estimate being $0.54.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how SmarFinancial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Efficiency Ratio: 69% versus 69% estimated by three analysts on average.
- Net Interest Margin: 3.2% versus 3.1% estimated by three analysts on average.
- Net charge-offs to average loans: 0% versus the two-analyst average estimate of 0.1%.
- Average Balance - Total interest earning assets: $4.68 billion versus the two-analyst average estimate of $4.68 billion.
- Total noninterest income: $9.03 million compared to the $8.27 million average estimate based on three analysts.
- Mortgage banking: $0.54 million compared to the $0.30 million average estimate based on three analysts.
- Net interest income (FTE): $38.11 million compared to the $37.11 million average estimate based on two analysts.
- Interchange and debit card transaction fees: $1.33 million versus the two-analyst average estimate of $1.39 million.
- Service charges on deposit accounts: $1.78 million versus $1.76 million estimated by two analysts on average.
- Investment services: $1.38 million compared to the $1.52 million average estimate based on two analysts.
- Other noninterest income: $2.10 million versus $1.38 million estimated by two analysts on average.
- Insurance commissions: $1.83 million versus the two-analyst average estimate of $1.50 million.
View all Key Company Metrics for SmarFinancial here>>>Shares of SmarFinancial have returned +0.9% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.