Smartfinancial (SMBK) Operating Expenses (2010 - 2026)
Smartfinancial (SMBK) posted Operating Expenses of $34.0 million for Q2 2026, up 3.16% on a QoQ basis from $32.9 million in Q1 2026, and up 4.26% year-over-year from $32.6 million in Q2 2025.
Analysis
Smartfinancial (SMBK) Operating Expenses (2010 - 2026) Analysis & Trends
Smartfinancial has reported Operating Expenses for 17 years, with the latest figure at $34.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 4.26% year-over-year to $34.0 million in Q2 2026; TTM through Jun 2026 was $133.2 million, a 4.07% increase from a year earlier, with the FY2025 full-year figure at $131.2 million, up 8.53% from the prior year.
- Operating Expenses was $34.0 million for Q2 2026 at Smartfinancial, up from $32.9 million in the prior quarter.
- The five-year high for Operating Expenses was $34.0 million in Q2 2026, with the low at $25.7 million in Q1 2022.
- Average Operating Expenses over 5 years is $29.9 million, with a median of $29.4 million recorded in 2023.
- The largest YoY upside for Operating Expenses was 32.13% in 2022 against a maximum downside of 1.46% in 2022.
- Over 5 years, Operating Expenses stood at $27.4 million in 2022, then grew by 8.31% to $29.7 million in 2023, then grew by 8.74% to $32.3 million in 2024, then grew by 0.55% to $32.5 million in 2025, then rose by 4.58% to $34.0 million in 2026.
- The last three Operating Expenses figures came in at $34.0 million (Q2 2026), $32.9 million (Q1 2026), and $32.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 1.22 Bn |
| 10 | Smartfinancial | 855.50 Mn | 368.96 Mn | - | 33.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.96 Mn |
| Mar 31, 2026 | 32.92 Mn |
| Dec 31, 2025 | 32.47 Mn |
| Sep 30, 2025 | 33.87 Mn |
| Jun 30, 2025 | 32.57 Mn |
| Mar 31, 2025 | 32.30 Mn |
| Dec 31, 2024 | 32.29 Mn |
| Sep 30, 2024 | 30.85 Mn |
| Jun 30, 2024 | 29.20 Mn |
| Mar 31, 2024 | 28.55 Mn |
| Dec 31, 2023 | 29.70 Mn |
| Sep 30, 2023 | 28.52 Mn |
| Jun 30, 2023 | 27.41 Mn |
| Mar 31, 2023 | 27.53 Mn |
| Dec 31, 2022 | 27.42 Mn |
| Sep 30, 2022 | 27.23 Mn |
| Jun 30, 2022 | 25.93 Mn |
| Mar 31, 2022 | 25.72 Mn |
| Dec 31, 2021 | 27.82 Mn |
| Sep 30, 2021 | 23.31 Mn |