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SmartFinancial SMBK Business Segments — Intangible Amortization

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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:AmortizationOfIntangibleAssets.

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 itemBanking Segment / Three Months Ended June 30, 2026Banking Segment / Three Months Ended June 30, 2025Banking Segment / Six Months Ended June 30, 2026Banking Segment / Six Months Ended June 30, 2025
Advertising and marketing408390795772
Data processing and technology2,6832,6515,1195,309
Professional services1,3661,1532,5592,521
Amortization of intangibles4545669111,135
Other2,9523,0266,0956,097
Total noninterest expense33,95532,56966,87164,866
Income before income tax expense20,53214,26137,29527,820
Income tax expense4,2102,5567,2934,861

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is SmartFinancial's business segments — intangible amortization?
SmartFinancial (SMBK) reported business segments — intangible amortization of $454K in Q2 2026.
How has SmartFinancial's business segments — intangible amortization changed year-over-year?
SmartFinancial's business segments — intangible amortization decreased by 19.8% year-over-year, from $566K to $454K.
What is the long-term trend for SmartFinancial's business segments — intangible amortization?
Over 3 years (2022 to 2025), SmartFinancial's business segments — intangible amortization has grown at a -6.2% compound annual growth rate (CAGR), from $2.61M to $2.15M.
What does business segments — intangible amortization mean?
This metric represents the systematic allocation of the cost of intangible assets, such as core deposit premiums or customer relationships, over their estimated useful lives. It reflects the non-cash expense associated with past acquisitions and the long-term value of acquired banking portfolios.

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