For the quarter ended December 2024, SmarFinancial (SMBK) reported revenue of $46.81 million, up 19.7% over the same period last year. EPS came in at $0.57, compared to $0.41 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $45.04 million, representing a surprise of +3.93%. The company delivered an EPS surprise of +5.56%, with the consensus EPS estimate being $0.54.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how SmarFinancial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Efficiency Ratio: 69% versus 69% estimated by three analysts on average.
- Net Interest Margin: 3.2% versus 3.1% estimated by three analysts on average.
- Net charge-offs to average loans: 0% versus the two-analyst average estimate of 0.1%.
- Average Balance - Total interest earning assets: $4.68 billion versus the two-analyst average estimate of $4.68 billion.
- Total noninterest income: $9.03 million compared to the $8.27 million average estimate based on three analysts.
- Mortgage banking: $0.54 million compared to the $0.30 million average estimate based on three analysts.
- Net interest income (FTE): $38.11 million compared to the $37.11 million average estimate based on two analysts.
- Interchange and debit card transaction fees: $1.33 million versus the two-analyst average estimate of $1.39 million.
- Service charges on deposit accounts: $1.78 million versus $1.76 million estimated by two analysts on average.
- Investment services: $1.38 million compared to the $1.52 million average estimate based on two analysts.
- Other noninterest income: $2.10 million versus $1.38 million estimated by two analysts on average.
- Insurance commissions: $1.83 million versus the two-analyst average estimate of $1.50 million.
Shares of SmarFinancial have returned +0.9% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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