For the quarter ended December 2024, SmarFinancial (SMBK) reported income of $46.81 million, up 19.7% over the identical interval final yr. EPS got here in at $0.57, in comparison with $0.41 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $45.04 million, representing a shock of +3.93%. The corporate delivered an EPS shock of +5.56%, with the consensus EPS estimate being $0.54.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s worth efficiency extra precisely.
Right here is how SmarFinancial carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Effectivity Ratio: 69% versus 69% estimated by three analysts on common.
- Internet Curiosity Margin: 3.2% versus 3.1% estimated by three analysts on common.
- Internet charge-offs to common loans: 0% versus the two-analyst common estimate of 0.1%.
- Common Steadiness – Complete curiosity incomes property: $4.68 billion versus the two-analyst common estimate of $4.68 billion.
- Complete noninterest revenue: $9.03 million in comparison with the $8.27 million common estimate based mostly on three analysts.
- Mortgage banking: $0.54 million in comparison with the $0.30 million common estimate based mostly on three analysts.
- Internet curiosity revenue (FTE): $38.11 million in comparison with the $37.11 million common estimate based mostly on two analysts.
- Interchange and debit card transaction charges: $1.33 million versus the two-analyst common estimate of $1.39 million.
- Service fees on deposit accounts: $1.78 million versus $1.76 million estimated by two analysts on common.
- Funding providers: $1.38 million in comparison with the $1.52 million common estimate based mostly on two analysts.
- Different noninterest revenue: $2.10 million versus $1.38 million estimated by two analysts on common.
- Insurance coverage commissions: $1.83 million versus the two-analyst common estimate of $1.50 million.
View all Key Company Metrics for SmarFinancial here>>>
Shares of SmarFinancial have returned +0.9% over the previous month versus the Zacks S&P 500 composite’s +1.2% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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SmartFinancial, Inc. (SMBK) : Free Stock Analysis Report
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