What does acquisition of other repossessed assets mean?

This metric tracks the acquisition of non-real estate assets, such as vehicles or equipment, taken into possession by the bank due to loan defaults. It highlights the volume of collateral recovery efforts outside of the real estate portfolio.

SmartFinancial SMBK Acquisition Of Other Repossessed Assets

Acquisition Of Other Repossessed Assets at other companies

1st Source CorporationSRCE

$270K+68.8%

Independent Bank CorporationIBCP

$120K+140%

OFG BancorpOFG

$4.31M-35.2%

Equity BancsharesEQBK

$140K-54.8%

International BancsharesIBOC

$288K-19.6%

Equity BancsharesEQBK

$78K-68.3%

Other financials

Income statement

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Revenue$53.8M+14.9%

Net income$13.7M+21.6%

EPS (diluted)$0.81+20.9%

Balance sheet

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Cash & equivalents$346.1M-18.2%

Total debt$11.4M-7.0%

Total equity$562.0M+11.1%

Total assets$5.9B+9.2%

Cash flow

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Operating cash flow$16.4M+14.5%

CapEx$6.2M+568%

Free cash flow$10.2M-24.0%

Valuation

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Market cap$790.12M+46.9%

Enterprise value$455.43M+258%

P/E15×+0.8×

P/S3.8×+0.8×

Profitability

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Net margin25.4%+4.1pp

FCF margin27.1%-4.1pp

Returns & leverage

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Return on equity9.9%+2.1pp

Debt / equity0×0.0×

Where this comes from

Reported directly by SmartFinancial in its filing.

Tagged under the XBRL concept smbk:AcquisitionOfOtherRepossessedAssets.

The official record: SmartFinancial’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SmartFinancial's acquisition of other repossessed assets?: SmartFinancial (SMBK) reported acquisition of other repossessed assets of $38K in Q1 2026.
How has SmartFinancial's acquisition of other repossessed assets changed year-over-year?: SmartFinancial's acquisition of other repossessed assets decreased by 96.7% year-over-year, from $1.16M to $38K.
What does acquisition of other repossessed assets mean?: This metric tracks the acquisition of non-real estate assets, such as vehicles or equipment, taken into possession by the bank due to loan defaults. It highlights the volume of collateral recovery efforts outside of the real estate portfolio.