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SmarFinancial (SMBK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2026, SmarFinancial (SMBK - Free Report) reported revenue of $55.95 million, up 13.6% over the same period last year. EPS came in at $0.96, compared to $0.69 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $55.72 million, representing a surprise of +0.41%. The company delivered an EPS surprise of +6.67%, with the consensus EPS estimate being $0.90.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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: 60.7% versus the three-analyst average estimate of 61.2%.
Net Interest Margin (FTE): 3.5% versus 3.5% estimated by three analysts on average.
Net charge-offs to average loans: 0.1% versus the two-analyst average estimate of 0.1%.
Average Balance - Total interest earning assets: $5.52 billion versus $5.55 billion estimated by two analysts on average.
Total noninterest income: $7.89 million versus the three-analyst average estimate of $7.98 million.
Mortgage banking: $0.92 million versus the three-analyst average estimate of $0.78 million.
Interchange and debit card transaction fees: $1.68 million versus the two-analyst average estimate of $1.44 million.
Service charges on deposit accounts: $1.88 million versus $1.82 million estimated by two analysts on average.
Investment services: $1.72 million versus $1.66 million estimated by two analysts on average.
Net interest income (FTE): $48.41 million versus the two-analyst average estimate of $48.3 million.
Other noninterest income: $1.64 million compared to the $1.98 million average estimate based on two analysts.
Net interest income: $48.06 million versus $47.68 million estimated by two analysts on average.
Shares of SmarFinancial have returned +7.8% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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SmarFinancial (SMBK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2026, SmarFinancial (SMBK - Free Report) reported revenue of $55.95 million, up 13.6% over the same period last year. EPS came in at $0.96, compared to $0.69 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $55.72 million, representing a surprise of +0.41%. The company delivered an EPS surprise of +6.67%, with the consensus EPS estimate being $0.90.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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:View all Key Company Metrics for SmarFinancial here>>>
Shares of SmarFinancial have returned +7.8% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.