SMARTFINANCIAL INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $200.5M | $171.5M | $152.4M | $165.2M | $137.3M | $116.3M | $99.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $61.5M | $45.5M | $124.2M | $76.2M | $56.2M | $47.6M | $58.0M |
| Operating Margin | — | 30.7% | 26.5% | 81.5% | 46.1% | 40.9% | 41.0% | 58.5% |
| Interest Expense | — | — | — | $88.0M | $21.3M | $11.8M | $16.7M | $24.6M |
| Pretax Income | — | $61.5M | $45.5M | $36.2M | $54.9M | $44.3M | $30.9M | $33.4M |
| Income Tax Expense | — | $11.2M | $9.3M | $7.6M | $11.9M | $9.5M | $6.6M | $6.9M |
| Net Income | — | $50.3M | $36.1M | $28.6M | $43.0M | $34.8M | $24.3M | $26.5M |
| Net Margin | — | 25.1% | 21.1% | 18.8% | 26.0% | 25.3% | 20.9% | 26.8% |
| EPS (Basic) | — | $3.00 | $2.16 | $1.70 | $2.57 | $2.23 | $1.63 | $1.90 |
| EPS (Diluted) | — | $2.98 | $2.14 | $1.69 | $2.55 | $2.22 | $1.62 | $1.89 |
| Shares Outstanding (Basic) | 17.1M | 16.8M | 16.8M | 16.8M | 16.7M | 15.6M | 15.0M | 14.0M |
| Shares Outstanding (Diluted) | 17.1M | 16.9M | 16.9M | 16.9M | 16.9M | 15.7M | 15.0M | 14.0M |
| Dividends Per Share | — | $0.32 | $0.32 | $0.32 | $0.28 | $0.24 | $0.20 | $0.05 |