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Dec 31, 2020
Smartfinancial Q4 2020 Earnings Report
Announced results for the fourth quarter, demonstrating strong financial performance and strategic execution
Key Takeaways
SmartFinancial reported a net income of $9.0 million, or $0.59 per diluted common share, for Q4 2020, compared to $6.4 million, or $0.42 per diluted common share for Q3 2020. Operating earnings (Non-GAAP) totaled $9.2 million, or $0.61 per diluted common share, in Q4 2020, compared to $6.6 million, or $0.44 per diluted common share, in Q3 2020.
Net income of $9.0 million and operating earnings of $9.2 million (Non-GAAP)
Operating noninterest income (Non-GAAP) increased $381 thousand or 36.9% annualized quarter-over-quarter
Tangible book value per share (Non-GAAP) of $17.92, a 15.1% annualized quarter-over-quarter increase
Deposits increased by $153.2 million or 23.1% annualized from September 30, 2020
Smartfinancial
Smartfinancial
Smartfinancial Revenue by Segment
Revenue by Segment
Service Charges on Deposit Accounts Revenue
CapyFin.comInvestment Services Revenue
CapyFin.comInsurance Commissions Revenue
CapyFin.comInterchange and Debit Card Fees Revenue
CapyFin.com Forward Guidance
This document does not contain forward guidance.