Smartfinancial Inc. (SMBK) Interest Expense - Fed Funds (2010 - 2020)
Smartfinancial's Interest Expense - Fed Funds was $5,000 in Q1 2020, down 37.5% from $8,000 a year earlier but up 25.0% from the prior quarter.
Smartfinancial Inc. (SMBK) Interest Expense - Fed Funds (2010 - 2020) Analysis & Trends
On a trailing twelve-month basis, Smartfinancial's Interest Expense - Fed Funds was $20,000 through Mar 31, 2020, down 50.0% year-over-year; for FY2019, it came in at $23,000, down 48.9% from FY2018.
- Interest Expense - Fed Funds has now declined for three consecutive years, though with a five-year compound annual growth rate of 15.5% (FY2014 to FY2019).
- In earlier years, Interest Expense - Fed Funds was $45,000 in FY2018 (-27.3%), $61,933 in FY2017 (-5.1%), $65,276 in FY2016 (+114.9%) and $30,382 in FY2015 (+171.7%).
- Quarterly Interest Expense - Fed Funds has moved between $2,727 (Q2 2015) and $17,311 (Q4 2015) over five years.
- Compared with a year earlier, Interest Expense - Fed Funds has declined for 11 straight quarters, with an average decline of 40.6% over the last eight quarters.
- The best year-over-year quarter for Interest Expense - Fed Funds over five years was Q4 2015 (growth of 501.5%); the worst was Q2 2015 (a decline of 86.8%).
- Per Business Quant data, SMBK's Interest Expense - Fed Funds in the three quarters before Q1 2020 was $4,000 (Q4 2019), $5,000 (Q3 2019) and $6,000 (Q2 2019).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 5,000.00 |
| Dec 31, 2019 | 4,000.00 |
| Sep 30, 2019 | 5,000.00 |
| Jun 30, 2019 | 6,000.00 |
| Mar 31, 2019 | 8,000.00 |
| Dec 31, 2018 | 10,000.00 |
| Sep 30, 2018 | 11,000.00 |
| Jun 30, 2018 | 11,000.00 |
| Mar 31, 2018 | 12,496.00 |
| Dec 31, 2017 | 15,340.00 |
| Sep 30, 2017 | 15,054.00 |
| Jun 30, 2017 | 15,588.00 |
| Mar 31, 2017 | 15,951.00 |
| Dec 31, 2016 | 16,923.00 |
| Sep 30, 2016 | 16,614.00 |
| Jun 30, 2016 | 15,279.00 |
| Mar 31, 2016 | 16,460.00 |
| Dec 31, 2015 | 17,311.00 |
| Sep 30, 2015 | 7,394.00 |
| Jun 30, 2015 | 2,727.00 |
Smartfinancial Inc. Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=SMBK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "SMBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=SMBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();