Skip to content
Screener

SmartFinancial SMBK Q2 2024 earnings

Reported July 22, 2024 · After market close

Revenue$40.4MBeat by $348.0K
EPS$0.46Beat by $0.07
Revenue estimate$40.1M
EPS estimate$0.39

Next report

Oct 20, 2026 (in 2 months)
Revenue estimate$57.6M
EPS estimate$0.96

Financials

Q2 2024

Income statement

See full
Revenue$40.4M+4.4%
Net income$8.0M-9.4%
EPS (diluted)$0.48-7.7%

Balance sheet

See full
Cash & equivalents$342.8M+43.5%
Total debt$12.6M+18.8%
Total equity$472.5M+6.2%
Total assets$4.9B+3.1%

Cash flow

See full
Operating cash flow$16.5M+65.8%
CapEx$1.1M-26.4%
Free cash flow$15.4M+82.1%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$403.87M+10.4%
Enterprise value$73.59M-46.4%
P/E15.8×+7.6×
P/S2.7×+0.5×

Profitability

See full
Net margin16.9%-9.6pp
FCF margin23%-1.5pp

Returns & leverage

See full
Return on equity5.6%-4.8pp
Debt / equity0×0.0×

FAQ

When did SmartFinancial report Q2 2024 earnings?
SmartFinancial (SMBK) reported Q2 2024 earnings on July 22, 2024 after market close.
What were SmartFinancial's Q2 2024 revenue and EPS?
SmartFinancial reported revenue of $40.4M and eps of $0.46 for Q2 2024.
Did SmartFinancial beat estimates in Q2 2024?
Revenue beat the consensus estimate of $40.1M by $348.0K. EPS beat the consensus estimate of $0.39 by $0.07.
Where can I find SmartFinancial's Q2 2024 SEC filings?
You can read the 8-K earnings release (0001558370-24-009947) and the 10-Q periodic report (0001558370-24-011759) directly on SEC EDGAR. The filing index links above go to sec.gov.