SmartFinancial, Historical Income Statement

SMBK Stock  USD 36.73  0.68  1.89%   
Historical analysis of SmartFinancial, income statement accounts such as Other Operating Expenses of 160 M, Operating Income of 38 M, EBIT of 38 M or Ebitda of 52.2 M can show how well SmartFinancial, performed in making a profits. Evaluating SmartFinancial, income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SmartFinancial,'s future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining SmartFinancial, latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SmartFinancial, is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartFinancial,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy SmartFinancial, Stock please use our How to buy in SmartFinancial, Stock guide.

About SmartFinancial, Income Statement Analysis

SmartFinancial, Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SmartFinancial, shareholders. The income statement also shows SmartFinancial, investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

SmartFinancial, Income Statement Chart

At this time, SmartFinancial,'s Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 38 M this year, although the value of Selling And Marketing Expenses will most likely fall to about 847.3 K.

Total Revenue

Total revenue comprises all receipts SmartFinancial, generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of SmartFinancial, minus its cost of goods sold. It is profit before SmartFinancial, operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SmartFinancial,. It is also known as SmartFinancial, overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on SmartFinancial, income statement and is an important metric when analyzing SmartFinancial, profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from SmartFinancial,'s income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SmartFinancial, current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartFinancial,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy SmartFinancial, Stock please use our How to buy in SmartFinancial, Stock guide.At this time, SmartFinancial,'s Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 38 M this year, although the value of Selling And Marketing Expenses will most likely fall to about 847.3 K.
 2021 2022 2023 2024 (projected)
Interest Expense11.8M21.3M88.0M167.8M
Depreciation And Amortization9.0M12.6M13.5M15.9M

SmartFinancial, income statement Correlations

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0.560.561.00.74-0.53-0.53-0.52-0.430.570.520.580.560.410.290.32-0.190.240.430.270.40.440.490.49
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0.970.970.740.74-0.96-0.96-0.96-0.860.970.950.970.97-0.1-0.17-0.1-0.15-0.23-0.14-0.12-0.08-0.040.140.13
-1.0-1.0-0.53-0.53-0.961.01.00.94-1.0-1.0-0.99-1.00.330.350.270.110.370.350.280.280.260.090.1
-1.0-1.0-0.53-0.53-0.961.01.00.94-1.0-1.0-0.99-1.00.330.350.260.110.370.350.280.280.260.090.11
-1.0-1.0-0.52-0.52-0.961.01.00.94-0.99-1.0-0.99-1.00.340.360.270.110.380.360.290.280.270.10.11
-0.93-0.93-0.43-0.43-0.860.940.940.94-0.94-0.95-0.94-0.940.370.380.20.110.360.370.230.270.310.290.36
1.01.00.570.570.97-1.0-1.0-0.99-0.941.01.01.0-0.24-0.27-0.17-0.13-0.32-0.27-0.19-0.19-0.18-0.06-0.07
1.01.00.520.510.95-1.0-1.0-1.0-0.951.00.991.0-0.33-0.35-0.26-0.11-0.37-0.35-0.27-0.27-0.26-0.12-0.13
1.01.00.580.580.97-0.99-0.99-0.99-0.941.00.991.0-0.22-0.25-0.15-0.13-0.3-0.26-0.17-0.17-0.16-0.06-0.07
1.01.00.560.560.97-1.0-1.0-1.0-0.941.01.01.0-0.27-0.3-0.21-0.12-0.34-0.3-0.22-0.22-0.21-0.06-0.08
-0.26-0.290.410.41-0.10.330.330.340.37-0.24-0.33-0.22-0.270.90.92-0.130.690.880.90.960.920.570.56
-0.3-0.320.290.29-0.170.350.350.360.38-0.27-0.35-0.25-0.30.90.89-0.030.790.890.860.930.930.40.51
-0.21-0.230.320.32-0.10.270.260.270.2-0.17-0.26-0.15-0.210.920.89-0.190.640.80.930.970.90.290.31
-0.12-0.12-0.19-0.19-0.150.110.110.110.11-0.13-0.11-0.13-0.12-0.13-0.03-0.190.15-0.04-0.16-0.2-0.2-0.1-0.11
-0.34-0.350.240.24-0.230.370.370.380.36-0.32-0.37-0.3-0.340.690.790.640.150.830.650.680.660.240.31
-0.3-0.320.430.43-0.140.350.350.360.37-0.27-0.35-0.26-0.30.880.890.8-0.040.830.830.850.820.40.43
-0.22-0.250.270.27-0.120.280.280.290.23-0.19-0.27-0.17-0.220.90.860.93-0.160.650.830.920.830.360.3
-0.22-0.240.40.4-0.080.280.280.280.27-0.19-0.27-0.17-0.220.960.930.97-0.20.680.850.920.960.430.48
-0.2-0.220.440.44-0.040.260.260.270.31-0.18-0.26-0.16-0.210.920.930.9-0.20.660.820.830.960.550.66
-0.05-0.060.490.490.140.090.090.10.29-0.06-0.12-0.06-0.060.570.40.29-0.10.240.40.360.430.550.85
-0.06-0.070.490.490.130.10.110.110.36-0.07-0.13-0.07-0.080.560.510.31-0.110.310.430.30.480.660.85
Click cells to compare fundamentals

SmartFinancial, Account Relationship Matchups

SmartFinancial, income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.4M7.8M9.0M12.6M13.5M15.9M
Interest Expense24.6M16.7M11.8M21.3M88.0M167.8M
Total Revenue90.6M114.1M137.3M6.4M152.4M160.0M
Gross Profit90.6M114.1M137.3M6.4M152.4M160.0M
Other Operating Expenses57.2M83.2M93.0M1.3M152.4M160.0M
Operating Income33.4M30.9M44.3M86.3M36.2M38.0M
Ebit33.4M24.9M37.6M76.2M36.2M38.0M
Ebitda34.8M32.6M46.6M88.9M49.7M52.2M
Total Operating Expenses(57.2M)(83.2M)(93.0M)1.3M152.4M160.0M
Income Before Tax33.4M30.9M44.3M54.9M36.2M41.9M
Total Other Income Expense Net1.1M(9.5M)(9.9M)(8.3M)(116.2M)(110.4M)
Net Income26.5M24.3M34.8M43.0M28.6M26.8M
Income Tax Expense6.9M6.6M9.5M11.9M7.6M15.2M
Selling General Administrative38.8M46.4M59.9M73.4M68.9M72.4M
Selling And Marketing Expenses983K834K830K1.3M1.3M847.3K
Net Income From Continuing Ops26.5M24.3M34.8M43.0M28.6M20.8M
Net Income Applicable To Common Shares26.5M24.3M34.8M43.0M49.5M51.9M
Tax Provision6.9M6.6M9.5M11.9M7.6M7.0M
Net Interest Income83.9M100.9M113.4M137.5M130.1M91.9M
Interest Income108.5M117.6M125.2M158.8M218.0M115.2M
Reconciled Depreciation4.3M6.0M2.3M2.6M13.5M14.2M

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When determining whether SmartFinancial, is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SmartFinancial, Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Smartfinancial, Stock. Highlighted below are key reports to facilitate an investment decision about Smartfinancial, Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartFinancial,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy SmartFinancial, Stock please use our How to buy in SmartFinancial, Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SmartFinancial,. If investors know SmartFinancial, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SmartFinancial, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.5
Dividend Share
0.32
Earnings Share
1.93
Revenue Per Share
9.481
Quarterly Revenue Growth
0.346
The market value of SmartFinancial, is measured differently than its book value, which is the value of SmartFinancial, that is recorded on the company's balance sheet. Investors also form their own opinion of SmartFinancial,'s value that differs from its market value or its book value, called intrinsic value, which is SmartFinancial,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SmartFinancial,'s market value can be influenced by many factors that don't directly affect SmartFinancial,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SmartFinancial,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartFinancial, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartFinancial,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.