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Jun 30, 2020
Smartfinancial Q2 2020 Earnings Report
Announced results for the second quarter of 2020.
Key Takeaways
SmartFinancial reported a solid second quarter with net income of $6.2 million, or $0.41 per diluted common share, and operating earnings (Non-GAAP) of $7.3 million, or $0.48 per diluted common share.
Net income of $6.2 million and operating earnings of $7.3 million (Non-GAAP).
Diluted earnings per share increased 115.8% for the quarter and diluted operating earnings per share (Non-GAAP) increased 60.0% for the quarter.
Total assets grew to over $3 billion.
Completed the integration of Progressive Financial Group (“PFG”).
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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