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Jun 30, 2021
Smartfinancial Q2 2021 Earnings Report
Announced results for the second quarter of 2021.
Key Takeaways
SmartFinancial reported a net income of $8.8 million, or $0.58 per diluted common share, for the second quarter of 2021. The company also announced the proposed acquisition of Sevier County Bancshares and completed the acquisition of Fountain Equipment Finance.
Net organic loan growth of over $87 million, a 16.3% annualized quarter-over-quarter increase
Operating earnings (non-GAAP) of $9.1 million, or $0.60 per diluted share
Tangible book value per share (Non-GAAP) of $18.69, a 6.5% annualized quarter-over-quarter increase
Announced and completed the acquisition of Fountain Equipment Finance
Smartfinancial
Smartfinancial
Smartfinancial Revenue by Segment
Revenue by Segment
Mortgage Banking Income Revenue
CapyFin.comInvestment Services Revenue
CapyFin.comInsurance Commissions Revenue
CapyFin.com Forward Guidance
This document does not contain forward guidance.