Smartfinancial Inc. (SMBK) Operating Expenses (2010 - 2026)
Smartfinancial (SMBK) recorded Operating Expenses of $33.96 million in Q2 2026, up 4.3% from $32.57 million a year earlier and up 3.2% from the prior quarter.
Smartfinancial Inc. (SMBK) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Smartfinancial's Operating Expenses came in at $133.21 million as of Jun 30, 2026, up 4.1% year-over-year; for FY2025, it came in at $131.21 million, up 8.5% from FY2024.
- Annual Operating Expenses has increased for 13 straight years, with a five-year compound annual growth rate of 11.3% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $120.89 million in FY2024 (+6.8%), $113.15 million in FY2023 (+6.5%), $106.29 million in FY2022 (+16.3%) and $91.39 million in FY2021 (+19.1%).
- The Q2 2026 figure is the highest quarterly Operating Expenses in data going back to Q2 2010.
- On a year-over-year basis, Operating Expenses has increased for 14 consecutive quarters, with growth averaging 7.3% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 39.4% in Q4 2021, against a decline of 1.5% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $32.92 million (Q1 2026), $32.47 million (Q4 2025) and $33.87 million (Q3 2025).
Peer Comparison
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 |
Smartfinancial Inc. Operating Expenses 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=operating-expenses&ticker=SMBK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SMBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();