SmartFinancial-SmarFinancial (SMBK) Q1 Earnings and Revenues Surpass Estimates

Core Viewpoint - SmarFinancial (SMBK) reported quarterly earnings of $0.67 per share, exceeding the Zacks Consensus Estimate of$ 0.55 per share, and showing an increase from $0.49 per share a year ago, indicating a strong performance in the recent quarter [1][2] Financial Performance - The company achieved revenues of$ 46.84 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.84% and up from $40.1 million year-over-year [2] - Over the last four quarters, SmarFinancial has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - SmarFinancial shares have declined approximately 6.8% since the beginning of the year, while the S&P 500 has seen a decline of 10.2%, indicating relative outperformance [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.59, with expected revenues of $47.7 million, and for the current fiscal year, the EPS estimate is$ 2.45 on revenues of $193.93 million [7] - The trend of estimate revisions for SmarFinancial is mixed, which could change following the recent earnings report [6] Industry Context - The Banks - Northeast industry, to which SmarFinancial belongs, is currently ranked in the top 23% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact SmarFinancial's stock performance [5]