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home / news releases / SMBK - SmartFinancial GAAP EPS of $0.68 beats by $0.08 revenue of $42.91M beats by $0.23M

SMBK - SmartFinancial GAAP EPS of $0.68 beats by $0.08 revenue of $42.91M beats by $0.23M

SmartFinancial Inc.

2023-04-24 17:21:06 ET

  • SmartFinancial press release ( NASDAQ: SMBK ): Q1 GAAP EPS of $0.68 beats by $0.08 .
  • Revenue of $42.91M (+15.3% Y/Y) beats by $0.23M .
  • Operating earnings increase of 34% compared to the same prior year quarter
  • Deposit growth of $152.4 million – 15% annualized quarter-over-quarter
  • Net organic loan and lease growth of $53.0 million - 7% annualized quarter-over-quarter increase
  • Credit quality remains solid with nonperforming assets to total assets of 0.11%

For further details see:

SmartFinancial GAAP EPS of $0.68 beats by $0.08, revenue of $42.91M beats by $0.23M
Stock Information
Company Name: SmartFinancial Inc.
Stock Symbol: SMBK
Market: NASDAQ
Website: smartfinancialinc.com
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