Here's What Key Metrics Tell Us About SmarFinancial (SMBK) Q2 Earnings

Financial Performance - For the quarter ended June 2025, SmarFinancial (SMBK) reported revenue of $49.24 million, up 21.8% year-over-year [1] - EPS for the quarter was $0.69, compared to $0.46 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $48.71 million by +1.09% [1] - EPS also surpassed the consensus estimate of $0.66 by +4.55% [1] Key Metrics - Efficiency Ratio was 66.1%, better than the three-analyst average estimate of 67% [4] - Net Interest Margin was reported at 3.3%, matching the average estimate [4] - Net charge-offs to average loans were 0%, compared to the two-analyst average estimate of 0.1% [4] - Average Balance of Total interest earning assets was $4.96 billion, in line with estimates [4] - Total noninterest income was $8.9 million, exceeding the average estimate of $8.61 million [4] - Interchange and debit card transaction fees were $1.34 million, slightly above the average estimate of $1.32 million [4] - Service charges on deposit accounts were $1.77 million, slightly below the average estimate of $1.79 million [4] - Other noninterest income was $2.17 million, significantly above the two-analyst average estimate of $1.85 million [4] - Investment services revenue was $1.44 million, below the average estimate of $1.55 million [4] - Insurance commissions were $1.55 million, exceeding the average estimate of $1.33 million [4] - Net interest income (FTE) was $40.69 million, above the two-analyst average estimate of $40.19 million [4] Stock Performance - Shares of SmarFinancial have returned +14.7% over the past month, outperforming the Zacks S&P 500 composite's +5.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]