SmarFinancial (SMBK) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - SmarFinancial (SMBK) reported a revenue of $51.07 million for the quarter ended September 2025, reflecting a year-over-year increase of 15.6% and a slight surprise of +0.05% over the Zacks Consensus Estimate of $51.04 million [1] - The earnings per share (EPS) for the quarter was $0.86, compared to $0.54 in the same quarter last year, resulting in an EPS surprise of +17.81% against the consensus estimate of $0.73 [1] Financial Performance Metrics - Efficiency Ratio stood at 66.3%, slightly above the average estimate of 65.9% based on three analysts [4] - Net Interest Margin was reported at 3.3%, matching the average estimate of 3.3% [4] - Net charge-offs to average loans were 0.1%, consistent with the average estimate of 0.1% from two analysts [4] - Average Balance of Total interest earning assets was $5.23 billion, exceeding the average estimate of $5.07 billion [4] - Total noninterest income was $8.64 million, below the average estimate of $9.01 million [4] - Mortgage banking income was $0.71 million, slightly above the estimate of $0.69 million [4] - Net interest income (FTE) was reported at $42.79 million, surpassing the average estimate of $42.03 million [4] - Interchange and debit card transaction fees were $1.34 million, slightly below the estimate of $1.37 million [4] - Service charges on deposit accounts were $1.83 million, in line with the average estimate of $1.8 million [4] - Investment services income was $1.69 million, exceeding the average estimate of $1.53 million [4] - Other noninterest income was $1.78 million, below the average estimate of $1.93 million [4] - Insurance commissions were reported at $1.05 million, significantly lower than the average estimate of $1.59 million [4] Stock Performance - Over the past month, shares of SmarFinancial have returned -5.1%, contrasting with the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]