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SmartFinancial SMBK Business Segments — Noninterest Expense

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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+55.5%
Enterprise value$533.05M+138%
P/E15.7×+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:NoninterestExpense.

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
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
Net income$16,322$11,705$30,002$22,959

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is SmartFinancial's business segments — noninterest expense?
SmartFinancial (SMBK) reported business segments — noninterest expense of $33.96M in Q2 2026.
How has SmartFinancial's business segments — noninterest expense changed year-over-year?
SmartFinancial's business segments — noninterest expense increased by 4.3% year-over-year, from $32.57M to $33.96M.
What is the long-term trend for SmartFinancial's business segments — noninterest expense?
Over 3 years (2022 to 2025), SmartFinancial's business segments — noninterest expense has grown at a 7.3% compound annual growth rate (CAGR), from $106.29M to $131.2M.
What does business segments — noninterest expense mean?
This metric aggregates all operating costs incurred by the banking segment, excluding interest expenses, such as salaries, occupancy, and technology costs. It is a primary measure of the bank's operational efficiency and the cost structure required to support its revenue-generating activities.

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