SMARTFINANCIAL INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SMARTFINANCIAL INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $36.14M | Mar 17, 2025 |
| FY2024 | Dec 31, 2023 | $28.59M | Mar 17, 2025 |
| FY2024 | Dec 31, 2022 | $43.02M | Mar 17, 2025 |
| FY2023 | Dec 31, 2021 | $34.79M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $24.33M | Mar 16, 2023 |
| FY2020 | Dec 31, 2019 | $26.55M | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | $18.10M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $5.02M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $5.80M | Mar 16, 2018 |
| FY2016 | Dec 31, 2015 | $1.51M | Mar 31, 2017 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $61.72M | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | $52.70M | Mar 16, 2026 |
| FY2025 | Dec 31, 2023 | $39.72M | Mar 16, 2026 |
| FY2024 | Dec 31, 2022 | $56.79M | Mar 17, 2025 |
| FY2023 | Dec 31, 2021 | $46.18M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $29.07M | Mar 16, 2023 |
| FY2020 | Dec 31, 2019 | $29.87M | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | $20.82M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $1.24M | Mar 18, 2019 |
| FY2012 | Dec 31, 2012 | $4.91M | Mar 28, 2013 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.39M | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | $6.41M | Mar 16, 2026 |
| FY2025 | Dec 31, 2023 | $6.27M | Mar 16, 2026 |
| FY2024 | Dec 31, 2022 | $12.49M | Mar 17, 2025 |
| FY2023 | Dec 31, 2021 | $2.38M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $5.44M | Mar 16, 2023 |
| FY2020 | Dec 31, 2019 | $6.27M | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | $3.85M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $2.80M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $6.99M | Mar 16, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.86B | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | $5.28B | Mar 16, 2026 |
| FY2024 | Dec 31, 2023 | $4.83B | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $4.64B | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $4.61B | Mar 16, 2023 |
| FY2021 | Dec 31, 2020 | $3.30B | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | $2.45B | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | $2.27B | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $1.72B | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $1.06B | Mar 16, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.31B | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | $4.78B | Mar 16, 2026 |
| FY2024 | Dec 31, 2023 | $4.37B | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $4.21B | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $4.18B | Mar 16, 2023 |
| FY2021 | Dec 31, 2020 | $2.95B | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | $2.14B | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | $1.99B | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $1.51B | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $957.22M | Mar 16, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $552.38M | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | $491.35M | Mar 16, 2026 |
| FY2024 | Dec 31, 2023 | $459.89M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $432.45M | Mar 15, 2024 |
| FY2023 | Dec 31, 2021 | $429.43M | Mar 15, 2024 |
| FY2023 | Dec 31, 2020 | $357.17M | Mar 15, 2024 |
| FY2022 | Dec 31, 2019 | $312.75M | Mar 16, 2023 |
| FY2020 | Dec 31, 2018 | $283.01M | Mar 16, 2021 |
| FY2019 | Dec 31, 2017 | $205.85M | Mar 12, 2020 |
| FY2018 | Dec 31, 2016 | $105.24M | Mar 18, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $90.37M | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | $96.15M | Mar 16, 2026 |
| FY2025 | Dec 31, 2023 | $96.15M | Mar 16, 2026 |
| FY2023 | Dec 31, 2022 | $96.15M | Mar 15, 2024 |
| FY2023 | Dec 31, 2021 | $91.57M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $74.14M | Mar 16, 2023 |
| FY2021 | Dec 31, 2019 | $65.61M | Mar 14, 2022 |
| FY2020 | Dec 31, 2018 | $66.09M | Mar 16, 2021 |
| FY2017 | Nov 1, 2017 | $38.05M | Mar 16, 2018 |
| FY2015 | Dec 31, 2015 | $4.17M | Mar 30, 2016 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $248.72M | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | $203.82M | Mar 16, 2026 |
| FY2024 | Dec 31, 2023 | $173.11M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $156.55M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $118.25M | Mar 16, 2023 |
| FY2021 | Dec 31, 2020 | $87.19M | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | $65.84M | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | $39.99M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $21.89M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $16.87M | Mar 16, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $464.42M | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | $387.57M | Mar 16, 2026 |
| FY2024 | Dec 31, 2023 | $352.27M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $266.42M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $1.05B | Mar 16, 2023 |
| FY2021 | Dec 31, 2020 | $481.72M | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | $183.97M | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | $115.82M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $113.03M | Mar 18, 2019 |
| FY2018 | Dec 31, 2016 | $68.75M | Mar 18, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $75.40M | Mar 16, 2021 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3 | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Mar 16, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Mar 16, 2026 |
| FY2024 | Dec 31, 2022 | 2 | Mar 17, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | 1 | Mar 16, 2023 |
| FY2020 | Dec 31, 2019 | 1 | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | 1 | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | 0 | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | 0 | Mar 16, 2018 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2 | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Mar 16, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Mar 16, 2026 |
| FY2024 | Dec 31, 2022 | 2 | Mar 17, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | 1 | Mar 16, 2023 |
| FY2020 | Dec 31, 2019 | 1 | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | 1 | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | 0 | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | 0 | Mar 16, 2018 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 17.03M | Mar 16, 2026 |
| FY2025 | Dec 31, 2024 | 16.93M | Mar 16, 2026 |
| FY2024 | Dec 31, 2023 | 16.99M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | 16.90M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | 16.80M | Mar 16, 2023 |
| FY2021 | Dec 31, 2020 | 15.11M | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | 14.01M | Mar 16, 2021 |
| FY2019 | Dec 31, 2018 | 13.93M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | 11.15M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | 5.90M | Mar 16, 2018 |