Short answer
SMARTFINANCIAL INC. (SMBK) filed its Q3 2025 10-Q quarterly report on Nov 7, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $75M (up 16.5% year over year) with net income of $14M.
Q3 2025 key financials · XBRL
- Revenue
- $75M
- +16.5% YoY · +7.3% QoQ
- Net income
- $14M
- +49.7% YoY · +16.9% QoQ
- EPS (diluted)
- $0.81
- +50.0% YoY · +17.4% QoQ
Source: XBRL data from the SMARTFINANCIAL INC. (SMBK) Q3 2025 10-Q on SEC EDGAR. USD.
SMARTFINANCIAL INC. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net income $13.7M vs $9.1M YoY; diluted EPS $0.81 vs $0.54
- Net interest income $42.4M vs $35.0M; tax-equivalent margin 3.25% vs 3.11%
- Best performer: loan and lease interest income $64.5M vs $55.0M; average balances up $536.6M
- Noninterest income $8.6M vs $9.1M; SBKI sale gain $4.0M offset by $3.7M securities loss
- Loans up $314.4M and deposits up $364.4M since December 31; $100M subordinated debt issued for growth and debt retirement
- Headwinds: inflation, tariffs, interest-rate changes, real-estate weakness, credit deterioration, liquidity risk and banking-industry stress
Risk Factors
- No material changes to risk factors disclosed in the December 31, 2024 Form 10-K
- Subordinated debt risk: $7.25% fixed-to-floating notes due 2035 issued August 20, 2025
- Capital allocation risk: $1.5 million remaining under the $10.0 million repurchase authorization
- Compliance risk: repurchases subject to applicable legal requirements
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other SMARTFINANCIAL INC. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.