SmartFinancial Q4 net income $6.2M ($0.37 EPS); operating EPS $0.41; loan growth 8% annualized

SMARTFINANCIAL INC.

2023-FY EPS reported $1.69

Net income $6.2M ($0.37 diluted EPS) vs $13.0M ($0.77) in Q4 2022; operating earnings $6.9M ($0.41).
Net organic loan and lease growth $66M (8% annualized QoQ); deposit growth $21.3M (2% annualized).
Net interest margin (tax-equivalent) 2.86%, up 5bps from prior quarter; loan yield 5.61%.
Credit quality solid: nonperforming assets / total assets 0.20%.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SMARTFINANCIAL INC. reported fourth quarter ending December 31, 2023 results: net income net income of $6.2 million, or $0.37 per diluted common share, EPS $0.37 per diluted common share.

Period: fourth quarter ending December 31, 2023
Net income: net income of $6.2 million, or $0.37 per diluted common share
EPS: $0.37 per diluted common share
Result: reported results

Exact text from the filing

On January 22, 2024, SmartFinancial, Inc. (“SmartFinancial”) issued a press release (the “Press Release”) reporting earnings results for its fourth quarter ending December 31, 2023.

View on SEC.gov

Browse all earnings releases →

SMARTFINANCIAL INC. filing history →

Source: SEC EDGAR

accession 0001558370-24-000413

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.