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SmartFinancial SMBK Business Segments — Interest Expense Operating

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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$901.43M+58.4%
Enterprise value$533.05M+146%
P/E15.7×+2.1×
P/S4.2×+1.2×

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:InterestExpenseOperating.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Deposits27,72328,30154,25255,636
Borrowings37170371140
Subordinated debt1,8847393,7481,472
Total interest expense29,97829,11058,37157,248
Net interest income48,06440,34393,94178,582
Provision for credit losses1,4632,4115,6023,391
Net interest income after provision for credit losses46,60137,93288,33975,191
Noninterest income:

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is SmartFinancial's business segments — interest expense operating?
SmartFinancial (SMBK) reported business segments — interest expense operating of $29.98M in Q2 2026.
How has SmartFinancial's business segments — interest expense operating changed year-over-year?
SmartFinancial's business segments — interest expense operating increased by 3.0% year-over-year, from $29.11M to $29.98M.
What is the long-term trend for SmartFinancial's business segments — interest expense operating?
Over 3 years (2022 to 2025), SmartFinancial's business segments — interest expense operating has grown at a 77.8% compound annual growth rate (CAGR), from $21.33M to $119.87M.
What does business segments — interest expense operating mean?
The total interest costs incurred on deposits, borrowings, and other interest-bearing liabilities. Monitoring this metric is essential for assessing the bank's cost of funds and its sensitivity to interest rate fluctuations.

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