Smartfinancial (SMBK) Tax Rate (2010 - 2026)
Smartfinancial (SMBK) reported Tax Rate of 20.50% for Q2 2026, up 2.58 percentage points from 17.92% a year earlier and up 2.11 percentage points from the prior quarter.
Powered by 
Analysis
Smartfinancial (SMBK) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Smartfinancial's Tax Rate came in at 19.14%, up 1.05 percentage points year-over-year; for FY2025, it came in at 18.14%, down 2.36 percentage points from FY2024.
- Tax Rate has declined for three consecutive years, with a five-year change of -3.09 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 20.50% in FY2024 (-0.57 pp), 21.07% in FY2023 (-0.58 pp), 21.65% in FY2022 (+0.15 pp) and 21.50% in FY2021 (+0.27 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q4 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of -0.32 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2025 (a gain of 4.38 percentage points); the low point was Q3 2023 (a drop of 8.39 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.39% (Q1 2026), 18.00% (Q4 2025) and 19.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Smartfinancial | 843.13 Mn | -903.76 Mn | - | 20.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.50% |
| Mar 31, 2026 | 18.39% |
| Dec 31, 2025 | 18.00% |
| Sep 30, 2025 | 19.36% |
| Jun 30, 2025 | 17.92% |
| Mar 31, 2025 | 17.01% |
| Dec 31, 2024 | 22.17% |
| Sep 30, 2024 | 14.98% |
| Jun 30, 2024 | 22.56% |
| Mar 31, 2024 | 21.94% |
| Dec 31, 2023 | 20.95% |
| Sep 30, 2023 | 13.37% |
| Jun 30, 2023 | 20.98% |
| Mar 31, 2023 | 22.44% |
| Dec 31, 2022 | 21.35% |
| Sep 30, 2022 | 21.76% |
| Jun 30, 2022 | 22.11% |
| Mar 31, 2022 | 21.38% |
| Dec 31, 2021 | 20.93% |
| Sep 30, 2021 | 21.52% |
API Access
Smartfinancial Tax Rate 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=tax-rate&ticker=SMBK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SMBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();