SmarFinancial (SMBK) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Group 1 - Analysts expect SmarFinancial (SMBK) to report quarterly earnings of $0.55 per share, reflecting a year-over-year increase of 12.2$45.99 million, which indicates a 14.7% increase from the same quarter last year [1] - There has been no revision in the consensus EPS estimate over the past 30 days, indicating stability in analysts' projections [1] Group 2 - The 'Efficiency Ratio' is estimated to be 70.3%, an improvement from the previous year's figure of 71.2% [4] - Analysts predict the 'Average Balance - Total interest earning assets' will reach $4.81 billion, up from$4.50 billion reported in the same quarter last year [4] - 'Total noninterest income' is forecasted to be $7.90 million, down from$8.38 million in the same quarter last year [5] Group 3 - 'Net interest income (FTE)' is projected to be $38.21 million, compared to$31.81 million from the previous year [5] - The consensus for 'Net interest income' stands at $37.89 million, an increase from$31.72 million reported in the same quarter last year [6] - SmarFinancial shares have decreased by 11.3% over the past month, contrasting with a 3.9% decline in the Zacks S&P 500 composite [6]