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SmartFinancial SMBK Business Segments — Professional Fees

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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:ProfessionalFees.

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
Other real estate and loan related expense8067571,5971,415
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

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is SmartFinancial's business segments — professional fees?
SmartFinancial (SMBK) reported business segments — professional fees of $1.37M in Q2 2026.
How has SmartFinancial's business segments — professional fees changed year-over-year?
SmartFinancial's business segments — professional fees increased by 18.5% year-over-year, from $1.15M to $1.37M.
What is the long-term trend for SmartFinancial's business segments — professional fees?
Over 3 years (2022 to 2025), SmartFinancial's business segments — professional fees has grown at a 8.0% compound annual growth rate (CAGR), from $3.79M to $4.78M.
What does business segments — professional fees mean?
This metric tracks expenditures for external consulting, legal, accounting, and advisory services utilized by the banking segment. It serves as an indicator of the bank's reliance on third-party expertise for regulatory compliance, strategic initiatives, or specialized operational support.

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