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SmartFinancial SMBK Business Segments — Net Occupancy And Equipment Expense

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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+48.3%
Enterprise value$455.43M+264%
P/E15×+1.0×
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×

Where this comes from

Reported directly by SmartFinancial in its filing.

Tagged under the XBRL concept smbk:NetOccupancyAndEquipmentExpense.

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 business segments — net occupancy and equipment expense?
SmartFinancial (SMBK) reported business segments — net occupancy and equipment expense of $3.34M in Q1 2026.
How has SmartFinancial's business segments — net occupancy and equipment expense changed year-over-year?
SmartFinancial's business segments — net occupancy and equipment expense decreased by 1.6% year-over-year, from $3.4M to $3.34M.
What is the long-term trend for SmartFinancial's business segments — net occupancy and equipment expense?
Over 3 years (2022 to 2025), SmartFinancial's business segments — net occupancy and equipment expense has grown at a 4.4% compound annual growth rate (CAGR), from $12.03M to $13.69M.
What does business segments — net occupancy and equipment expense mean?
Covers the costs associated with maintaining physical branch locations, office space, and necessary banking technology infrastructure. This metric reflects the fixed cost burden of the bank's physical and digital footprint.