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SmartFinancial SMBK Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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First HorizonFHN
$295M0.0%
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$71M+77.5%
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FB FinancialFBK
$93K0.0%
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ServisFirst BancsharesSFBS
$500K0.0%

Other financials

Income statement

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Revenue$56.0M+13.6%
Net income$16.3M+39.4%
EPS (diluted)$0.96+39.1%

Balance sheet

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Cash & equivalents$379.4M+3.9%
Total debt$11.0M-11.6%
Total equity$576.8M+11.1%
Total assets$6.1B+11.4%

Cash flow

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Operating cash flow$23.7M+68.8%
CapEx$1.2M+53.9%
Free cash flow$22.5M+69.6%

Valuation

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Market cap$887.92M+55.5%
Enterprise value$519.54M+138%
P/E15.5×+1.8×
P/S4.2×+1.1×

Profitability

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Net margin26.8%+4.5pp
FCF margin30.5%+2.0pp

Returns & leverage

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Return on equity10.5%+2.1pp
Debt / equity0.0×

Where this comes from

Reported directly by SmartFinancial in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: SmartFinancial’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 5:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-093447
Line item(Unaudited) / June 30,December 31,
Common stock, $1 par value; 40,000,000 shares authorized; 17,098,473 and 17,029,317 shares issued and outstanding, respectively17,09817,029
Additional paid-in capital296,841295,950
Retained earnings275,813248,719
Accumulated other comprehensive loss(12,941)(9,319)
Total shareholders' equity attributable to SmartFinancial, Inc. and Subsidiary576,811552,379
Non-controlling interest - preferred stock of subsidiary113113
Total shareholders' equity576,924552,492
Total liabilities and shareholders' equity$6,115,306$5,860,810

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is SmartFinancial's noncontrolling interests in subsidiaries?
SmartFinancial (SMBK) reported noncontrolling interests in subsidiaries of $113K in Q2 2026.
How has SmartFinancial's noncontrolling interests in subsidiaries changed year-over-year?
SmartFinancial's noncontrolling interests in subsidiaries decreased by 0.0% year-over-year, from $113K to $113K.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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