Company / Income Tax
SMARTFINANCIAL INC. Income Tax History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$9.3M
FY2024
5-year range
$6.6M / $11.9M
FY2020-FY2024
Trend
+22.1%
vs FY2023
Sector context
#334 of 403
Financials
What the data says
SMARTFINANCIAL INC.'s income tax of $9M is lower than 83% of companies in the Financials sector (FY2024). Income Tax has fluctuated over the past 10 years, ranging from $2M in FY2015 to $12M in FY2022.
Based on SEC 10-K filings.
$9M in FY2024 with a 5-year CAGR of +6.2%.
Improved from $12M to $9M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -0.7%
- 5-Year CAGR
- +6.2%
- 10-Year CAGR
- -
Sector benchmark
Top 17% in FinancialsTop 17% of 403This company $9.3M Sector average $353.4M
▼
-97.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +6.2%, indicating consistent growth.
- In FY2024, income tax increased 22.1% year-over-year.
- Ranks #334 out of 403 companies in the Financials sector.
- Peak income tax was recorded in FY2022.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $9.3M | +22.1% |
| FY2023 | $7.6M | -35.8% |
| FY2022 | $11.9M | +24.7% |
| FY2021 | $9.5M | +45.3% |
| FY2020 | $6.6M | -4.9% |
| FY2019 | $6.9M | +113.3% |
| FY2018 | $3.2M | -49.7% |
| FY2017 | $6.4M | +91.2% |
| FY2016 | $3.4M | +104.9% |
| FY2015 | $1.6M | +46.8% |
As of FY2024 · SEC Form 10-K · Last checked Jul 2, 2026