Smartfinancial (SMBK) Research & Development (2015 - 2026)
Smartfinancial (SMBK) posted Research & Development of $2.7 million for Q2 2026, up 10.14% on a QoQ basis from $2.4 million in Q1 2026, and up 1.21% year-over-year from $2.7 million in Q2 2025.
Analysis
Smartfinancial (SMBK) Research & Development (2015 - 2026) Analysis & Trends
Smartfinancial has reported Research & Development for 12 years, with the latest figure at $2.7 million in Q2 2026.
- On a quarterly basis, Research & Development rose 1.21% year-over-year to $2.7 million in Q2 2026; TTM through Jun 2026 was $10.1 million, a 1.9% decrease from a year earlier, with the FY2025 full-year figure at $10.3 million, up 3.89% from the prior year.
- Research & Development was $2.7 million for Q2 2026 at Smartfinancial, up from $2.4 million in the prior quarter.
- The five-year high for Research & Development was $2.7 million in Q2 2026, with the low at $1.6 million in Q1 2022.
- Average Research & Development over 5 years is $2.3 million, with a median of $2.4 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Research & Development surged 36.38% in 2023, then retreated 8.32% in 2026.
- Over 5 years, Research & Development stood at $2.1 million in 2022, then grew by 17.16% to $2.5 million in 2023, then increased by 1.51% to $2.5 million in 2024, then fell by 3.29% to $2.4 million in 2025, then increased by 11.19% to $2.7 million in 2026.
- The last three Research & Development figures came in at $2.7 million (Q2 2026), $2.4 million (Q1 2026), and $2.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | Smartfinancial | 886.56 Mn | 400.13 Mn | - | 2.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.68 Mn |
| 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 |