Loading...
•
Sep 30, 2021
Smartfinancial Q3 2021 Earnings Report
Announced results for the third quarter of 2021.
Key Takeaways
SmartFinancial, Inc. reported a net income of $9.6 million, or $0.61 per diluted common share, for the third quarter of 2021. Operating earnings (Non-GAAP) totaled $9.9 million, or $0.63 per diluted common share.
Net organic loan growth of over $52 million, an 8.6% annualized quarter-over-quarter increase
Operating earnings (non-GAAP) of $0.63 per diluted share, a 43.2% increase from the prior-year-quarter
Tangible book value per share (Non-GAAP) of $19.03, a 7.3% annualized quarter-over-quarter increase
Completed the acquisition of Sevier County Bancshares (“SCB”)
Forward Guidance
No specific forward guidance was provided in the earnings report.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...