Smartfinancial (SMBK) Research & Development (2015 - 2026)
Smartfinancial (SMBK) recorded quarterly Research & Development of $2.4 million in Q1 2026, up 0.95% quarter-over-quarter from $2.4 million in Q4 2025, and down 8.32% on a YoY basis from $2.7 million in Q1 2025.
Smartfinancial (SMBK) Research & Development (2015 - 2026) Analysis & Trends
Smartfinancial's Research & Development history runs 12 years deep, the most recent figure standing at $2.4 million for Q1 2026.
- In Q1 2026, Research & Development fell 8.32% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $10.1 million (changed 0.29% YoY), while the FY2025 annual figure was $10.3 million, up 3.89% from the prior year.
- Research & Development was $2.4 million for Q1 2026 at Smartfinancial, up from $2.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.7 million in Q1 2025 to a low of $1.6 million in Q1 2022.
- Historically, Research & Development has averaged $2.3 million across 5 years, with a median of $2.4 million in 2026.
- The sharpest annual moves came in 2023 and 2026: Research & Development jumped 36.38% in 2023, then fell 8.32% in 2026.
- A 5-year view of Research & Development shows it stood at $2.1 million in 2022, then climbed by 17.16% to $2.5 million in 2023, then grew by 1.51% to $2.5 million in 2024, then declined by 3.29% to $2.4 million in 2025, then increased by 0.95% to $2.4 million in 2026.
- The last three Research & Development figures came in at $2.4 million (Q1 2026), $2.4 million (Q4 2025), and $2.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Smartfinancial | 765.04 Mn | 319.08 Mn | - | 2.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.44 Mn |
| Dec 31, 2025 | 2.41 Mn |
| Sep 30, 2025 | 2.59 Mn |
| Jun 30, 2025 | 2.65 Mn |
| Mar 31, 2025 | 2.66 Mn |
| Dec 31, 2024 | 2.50 Mn |
| Sep 30, 2024 | 2.52 Mn |
| Jun 30, 2024 | 2.45 Mn |
| Mar 31, 2024 | 2.47 Mn |
| Dec 31, 2023 | 2.46 Mn |
| Sep 30, 2023 | 2.38 Mn |
| Jun 30, 2023 | 2.24 Mn |
| Mar 31, 2023 | 2.16 Mn |
| Dec 31, 2022 | 2.10 Mn |
| Sep 30, 2022 | 1.87 Mn |
| Jun 30, 2022 | 1.73 Mn |
| Mar 31, 2022 | 1.59 Mn |
| Dec 31, 2021 | 1.72 Mn |
| Sep 30, 2021 | 1.75 Mn |
| Jun 30, 2021 | 1.51 Mn |