YOLFTbeta
SmartFinancial, Inc.

SmartFinancial, Inc.

SMBK · NYSE · Financial Services / Banks - Regional

48.07USD+0.19 (+0.40%)

Price History

Full chart

Market Stats

Previous Close47.88
Open47.90
Day Range47.45 – 48.07
52-Week Range32.74 – 54.14
Volume181.80K
Market Cap860.40M
P/E (TTM)14.84
Forward P/E14.10
EPS3.39
Dividend Yield0.68%
Beta0.68
50-Day Avg51.25
200-Day Avg43.65

About

SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in the United States. The company offers various deposits, including noninterest-bearing and interest-bearing checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. It also provides commercial and residential real estate, consumer real estate, construction and land development, commercial and industrial, and consumer and other loans, as well as leases to small and mid-size companies for equipment financing leases. In addition, the company offers wealth management, insurance, mortgage origination, and internet and mobile banking services. It operates in Tennessee, Alabama, and Florida. SmartFinancial, Inc. is based in Knoxville, Tennessee.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. William Young Carroll Jr.
  • Employees581
  • Headquarters5401 Kingston Pike, Knoxville, TN, United States, 37919, USA
  • Websitehttps://www.smartbank.com

Leadership

  • Mr. William Young Carroll Jr.President, CEO & Director · b. 1969
  • Mr. Ronald J. Gorczynski CPAExecutive VP & CFO · b. 1966
  • Mr. Rhett D. JordanExecutive VP & Chief Credit Officer of SmartBank · b. 1972
  • Ms. Cynthia A. CainExecutive VP & Chief Operating Officer of SmartBank · b. 1973
  • Mr. Nathan StrallHead of Investor Relations
  • Ms. Kelley L. FowlerSenior VP and Director of Marketing & Public Relations - SmartBank
  • Mr. Travis LytleSenior VP and Director of Community Development & Community Reinvestment Act Officer
  • Mr. Monty Hatcher AAMS, CFPExecutive Vice President
  • Ms. Robbie WashingtonSenior VP, Community Reinvestment Act Officer & Director of HMDA · b. 1964
  • Ms. Rebecca C. BoydExecutive VP & Chief People Officer of SmartBank · b. 1981

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue197.65M10.70M12.57M15.46M22.58M31.27M36.48M32.57M28.64M28.29M21.68M20.37M20.39M21.32M29.25M45.59M55.65M96.74M115.17M133.04M149.18M186.55M240.37M285.27M316.37M
Growth (%)--94.58%+17.41%+23.04%+45.99%+38.51%+16.66%-10.71%-12.09%-1.20%-23.38%-6.02%+0.10%+4.53%+37.20%+55.90%+22.06%+73.83%+19.06%+15.51%+12.13%+25.05%+28.85%+18.68%+10.90%
Cost of Revenue-3.99M3.76M4.42M7.48M11.41M24.82M16.20M26.09M16.49M6.81M5.21M3.82M2.47M3.68M5.09M6.48M18.50M27.17M25.43M13.47M25.35M90.99M118.92M123.48M
Gross Profit197.65M6.71M8.81M11.05M15.10M19.86M11.66M16.38M2.55M11.80M14.87M15.16M16.57M18.85M25.57M40.51M49.18M78.24M88.00M107.61M135.71M161.20M149.38M166.35M192.88M
Gross Margin100.00%62.71%70.12%71.45%66.87%63.50%31.95%50.28%8.90%41.71%68.60%74.40%81.26%88.42%87.42%88.84%88.36%80.87%76.41%80.89%90.97%86.41%62.14%58.31%60.97%
Operating Expense3.80B4.98M5.74M6.89M8.22M10.72M10.93M12.57M16.06M18.04M13.65M13.18M13.85M15.90M22.41M31.35M37.73M56.90M54.56M76.72M91.39M106.29M113.15M120.89M131.38M
Operating Income-3.60B1.73M3.07M4.16M6.88M9.14M730.04K3.81M-13.51M-6.24M1.22M1.98M2.72M2.95M3.15M9.16M11.44M21.34M33.45M30.89M44.32M54.91M36.23M45.46M61.50M
Operating Margin-1821.18%16.15%24.44%26.92%30.48%29.23%2.00%11.69%-47.20%-22.07%5.62%9.72%13.36%13.84%10.77%20.09%20.56%22.05%29.04%23.22%29.71%29.43%15.07%15.94%19.44%
EBITDA-3.20B2.01M3.46M4.87M7.65M10.13M1.34M4.50M-12.56M-5.69M1.73M2.51M3.23M4.63M4.24M11.35M9.75M24.63M37.74M38.65M53.32M67.55M49.72M56.87M69.93M
EBITDA Margin-1619.28%18.75%27.55%31.52%33.86%32.39%3.66%13.82%-43.85%-20.10%7.97%12.31%15.84%21.70%14.48%24.89%17.52%25.46%32.77%29.05%35.74%36.21%20.69%19.94%22.10%
Net Income569.61M1.06M1.88M2.57M4.32M5.81M871.15K2.51M-8.18M-4.71M1.03M1.40M1.68M1.83M1.51M5.80M5.02M18.10M26.55M24.33M34.79M43.02M28.59M36.14M50.35M
Net Income Margin288.20%9.92%14.97%16.63%19.15%18.59%2.39%7.71%-28.56%-16.64%4.75%6.88%8.24%8.60%5.16%12.72%9.01%18.71%23.05%18.29%23.32%23.06%11.90%12.67%15.91%
R&D-------------00000-------
R&D as % of Total Revenue-------------0.00%0.00%0.00%0.00%0.00%-------
Interest Expense4.54B3.31M3.21M3.58M6.08M10.31M14.41M12.70M11.19M9.20M6.36M4.78M3.52M2.04M2.76M4.30M5.69M15.57M24.57M16.75M11.84M21.33M87.96M113.77M119.87M
Interest Expense % of Total Revenue2298.11%30.91%25.55%23.12%26.92%32.96%39.51%38.98%39.08%32.52%29.35%23.49%17.27%9.55%9.43%9.43%10.23%16.09%21.34%12.59%7.94%11.44%36.60%39.88%37.89%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets142.46B159.90M201.00M248.61M323.61M374.94M444.42M471.80M532.40M441.50M422.65M440.46M432.22M533.80M1.02B1.06B1.72B2.27B2.45B3.30B4.61B4.61B4.83B5.28B5.86B
Total Liabilities128.38B144.76M184.09M223.81M291.15M336.76M408.09M435.30M504.57M415.68M387.45M399.57M392.09M477.91M923.79M957.22M1.51B1.99B2.14B120.55M4.18B4.18B4.37B4.78B5.31B
Total Equity14.08B15.15M16.90M24.81M32.47M38.18M36.33M36.50M27.84M25.82M35.21M40.89M40.13M55.89M100.18M105.24M205.85M283.01M312.75M3.18B429.43M432.45M459.89M491.35M552.38M
Cash6.23B4.93M7.07M6.90M14.59M17.64M14.93M10.87M38.20M22.98M38.88M59.40M24.85M39.03M73.77M68.75M106.06M115.82M160.53M481.72M1.05B266.42M294.82M373.51M464.42M
Total Debt-13.50M23.48M34.41M34.79M58.75M88.66M107.04M98.67M79.04M72.44M56.76M49.71M37.76M80.26M45.13M67.66M62.18M70.88M159.89M136.63M96.38M55.20M47.78M101.67M
Net Debt-6.23B8.58M16.41M27.51M20.20M41.11M73.73M96.17M60.47M56.06M33.55M-2.63M24.86M-1.27M6.49M-23.62M-38.41M-53.65M-89.65M-361.17M-915.56M-194.63M-239.62M-325.73M-362.75M

Cash Flow

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.40B3.20M4.69M4.55M6.69M5.30M11.78M3.50M6.05M10.11M2.46M4.64M4.42M1.69M2.34M11.59M1.24M20.82M29.87M29.07M46.18M56.79M39.72M52.70M61.72M
Investing Cash Flow-22.48B-22.16M-38.94M-52.74M-66.32M-49.18M-78.85M-25.92M-58.44M60.90M34.62M-3.17M-27.09M-56.69M-7.94M-54.31M-50.73M-94.88M-94.78M-259.34M-264.99M-840.82M-135.24M-420.22M-499.05M
Financing Cash Flow22.18B16.22M38.99M44.96M67.33M46.92M64.36M29.39M68.70M-86.23M-21.18M19.04M-11.87M22.30M38.82M31.51M93.77M76.85M133.06M528.02M782.17M5.37M181.37M402.82M514.17M
Capital Expenditure0265.74K630.75K2.42M1.98M1.28M840.64K2.59M310.11K835.01K123.67K160.16K14.25K2.85M1.08M6.99M2.80M3.85M6.27M5.44M2.38M12.49M6.27M6.41M2.39M
Free Cash Flow1.40B2.93M4.06M2.13M4.71M4.02M10.94M907.75K5.74M9.27M2.34M4.48M4.41M-1.16M1.26M4.60M-1.56M16.98M23.60M23.63M43.80M44.31M33.45M46.30M59.34M
Dividends Paid23.50M--124.32K526.48K775.14K1.30M1.77M1.09M34.46K303.41K985.92K1.43M120.00K120.00K752.00K195.00K700.00K700.00K2.99M3.73M4.72M5.43M5.42M5.45M
FCF to OCF100.00%91.70%86.56%46.73%70.41%75.88%92.87%25.96%94.87%91.74%94.97%96.55%99.68%-68.95%53.80%39.65%-125.69%81.53%79.01%81.29%94.85%78.01%84.21%87.85%96.13%
Dividend Paid to FCF1.68%--5.85%11.18%19.27%11.91%195.32%19.08%0.37%12.99%21.99%32.53%-10.31%9.53%16.36%-12.51%4.12%2.97%12.64%8.51%10.66%16.23%11.71%9.19%

Earnings

Report DateMar 31, 2003Sep 30, 2003Dec 31, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Oct 27, 2014Jan 27, 2015Apr 28, 2015Jul 27, 2015Nov 5, 2015Feb 1, 2016Apr 27, 2016Jul 27, 2016Oct 26, 2016Jan 18, 2017Apr 25, 2017Jul 25, 2017Oct 30, 2017Jan 31, 2018Apr 24, 2018Jul 24, 2018Oct 23, 2018Jan 23, 2019Apr 24, 2019Jul 24, 2019Oct 21, 2019Jan 21, 2020Apr 28, 2020Jul 21, 2020Oct 20, 2020Jan 19, 2021Apr 20, 2021Jul 20, 2021Oct 19, 2021Jan 24, 2022Apr 25, 2022Jul 25, 2022Oct 24, 2022Jan 23, 2023Apr 24, 2023Jul 24, 2023Oct 23, 2023Jan 22, 2024Apr 22, 2024Jul 22, 2024Oct 21, 2024Jan 21, 2025Apr 21, 2025Jul 21, 2025Oct 21, 2025Jan 20, 2026Apr 20, 2026Jul 20, 2026Oct 20, 2026
EPS Estimate----------------------------------------------------0.200.200.230.190.230.250.220.340.370.400.380.400.410.400.400.320.300.400.440.540.480.510.500.510.630.730.740.600.530.470.410.410.390.460.510.550.640.720.780.780.900.96
EPS Actual0.320.370.350.380.450.490.490.500.540.720.800.770.830.880.860.930.880.32-1.750.600.640.52-0.27-1.79-0.37-1.07-1.820.210.010.13-3.270.110.020.24-0.090.050.010.02-0.010.040.000.020.010.010.010.010.010.05-0.04-0.030.190.190.150.190.220.150.200.220.350.340.390.390.430.390.400.430.460.300.480.440.610.650.600.630.520.510.610.690.760.680.520.430.410.490.460.540.570.670.690.860.810.810.96-
Surprise-----------------------------------------------------24.85%-5.00%-4.35%-21.05%-13.04%-12.00%59.09%0.00%5.41%-2.50%13.16%-2.50%-2.44%7.50%15.00%-6.25%60.00%10.00%38.64%20.37%25.00%23.53%4.00%0.00%-3.17%-5.48%2.70%13.33%-1.89%-8.51%0.00%19.51%17.95%17.39%11.76%21.82%7.81%19.44%3.85%3.85%6.67%-
Timing---------------------------------------------After-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap860.40M
Enterprise Value591.59M
Trailing P/E14.84
Forward P/E14.10
PEG Ratio0.00
Price / Sales4.21
Price / Book1.48
EPS3.39
Book Value33.74
Revenue (TTM)204.19M
Gross Profit (TTM)204.19M
Profit Margin28.11%
Operating Margin41.68%
Return on Equity10.47%
Return on Assets0.99%
Shares Outstanding17.10M
Shares Float15.18M
Beta0.68
Dividend Yield0.68%
Dividend Rate0.34
Payout Ratio9.88%

Analyst Ratings

Hold
Based on 6 analystsTarget 52.71
  • Strong Buy
    1
  • Hold
    5

Ownership Breakdown

Institutions
66.02%
Insiders
11.07%
Retail / Other
22.91%

Top Institutional Holders

  • BlackRock Inc
    1.28M7.51%
  • Dimensional Fund Advisors, Inc.
    836.09K4.89%
  • Vanguard Capital Management, LLC
    680.42K3.98%
  • Arnhold & S. Bleichroeder Advisers, LLC
    638.68K3.74%
  • Wellington Management Company LLP
    594.39K3.48%
  • American Century Companies Inc
    448.67K2.62%
  • State Street Corp
    440.53K2.58%
  • Private Capital Management, LLC
    432.51K2.53%
  • Geode Capital Management, LLC
    355.36K2.08%
  • Acadian Asset Management LLC
    284.18K1.66%
  • Cravens & Company Advisors LLC
    220.40K1.29%
  • SALZHAUER MICHAEL
    211.01K1.23%
  • Two Sigma Investments LLC
    188.43K1.10%
  • Basswood Capital Management LLC
    180.33K1.05%
  • CSM Advisors, LLC
    171.18K1.00%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    499.67K2.92%
  • Avantis US Small Cap Value ETF
    424.77K2.48%
  • iShares Russell 2000 ETF
    397.59K2.33%
  • First Eagle Small Cap Opportunity I
    325.18K1.90%
  • DFA US Small Cap Value I
    195.65K1.14%

Dividends

20263×
0.09Jul 31, 20260.09May 15, 20260.08Feb 13, 2026
20254×
0.08Nov 17, 20250.08Aug 8, 20250.08May 2, 20250.08Jan 31, 2025
20244×
0.08Nov 12, 20240.08Aug 9, 20240.08May 9, 20240.08Feb 1, 2024
20234×
0.08Nov 10, 20230.08Aug 10, 20230.08May 11, 20230.08Feb 9, 2023
20224×
0.07Nov 10, 20220.07Aug 11, 20220.07May 12, 20220.07Feb 10, 2022
20214×
0.06Nov 10, 20210.06Aug 5, 20210.06May 6, 20210.06Feb 11, 2021
20201×
0.05Nov 6, 2020

Stock Splits

  • Sep 23, 20151:4
  • Sep 16, 200951:50
  • Jun 10, 20093253:3226
  • Dec 19, 20062:1
  • Sep 16, 20042:1