SmartFinancial, Inc. (SMBK)
| Market Cap | 386.33M |
| Revenue (ttm) | 147.56M |
| Net Income (ttm) | 26.45M |
| Shares Out | 17.06M |
| EPS (ttm) | 1.55 |
| PE Ratio | 14.61 |
| Forward PE | 11.87 |
| Dividend | $0.32 (1.41%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 25,497 |
| Open | 22.52 |
| Previous Close | 22.21 |
| Day's Range | 22.40 - 22.79 |
| 52-Week Range | 19.00 - 25.98 |
| Beta | 0.67 |
| Analysts | Strong Buy |
| Price Target | 26.33 (+16.25%) |
| Earnings Date | Apr 22, 2024 |
About SMBK
SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in Tennessee, Alabama, and Florida. It operates through Commercial Real Estate, Consumer Real Estate, Construction and Land Development, Commercial and Industrial, Leases, and Consumer and Other segments. The company offers noninterest-bearing and interest-bearing checking, interest-bearing demand, savings, money market, time deposit, individual retirement accounts, as well as certificates of de... [Read more]
Financial Performance
In 2023, SmartFinancial's revenue was $149.38 million, a decrease of -7.33% compared to the previous year's $161.20 million. Earnings were $28.59 million, a decrease of -33.54%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for SMBK stock is "Strong Buy." The 12-month stock price forecast is $26.33, which is an increase of 16.25% from the latest price.
News
SmartFinancial Approves Regular Quarterly Cash Dividend
KNOXVILLE, Tenn., April 25, 2024 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (NYSE: SMBK), the parent company for SmartBank, announced that on April 25, 2024, the board of directors of...
SmartFinancial Announces Results for the First Quarter 2024
KNOXVILLE, Tenn., April 22, 2024 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $9.4 million, or $0.55 per diluted common share...
SmartFinancial Sets Dates for First Quarter Earnings Release and Conference Call
KNOXVILLE, Tenn., April 05, 2024 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NYSE: SMBK) announces details for the release of its results for the First Quarter of 2024.
SmartFinancial Announces Results for the Fourth Quarter 2023
KNOXVILLE, Tenn., Jan. 22, 2024 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $6.2 million, or $0.37 per diluted common share,...
SmartFinancial Sets Dates for Fourth Quarter Earnings Release and Conference Call
KNOXVILLE, Tenn., Jan. 05, 2024 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NYSE: SMBK) announces details for the release of its results for the Fourth Quarter of 2023.
SmartFinancial Announces Transfer Of Listing Of Common Stock To The New York Stock Exchange
KNOXVILLE, Tenn., Nov. 28, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced today that it is transferring the listing of its...
SmartFinancial Announces Results for the Third Quarter 2023
KNOXVILLE, Tenn., Oct. 23, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NASDAQ: SMBK), today announced net income of $2.1 million, or $0.12 per diluted common shar...
SmartFinancial Sets Dates for Third Quarter Earnings Release and Conference Call
KNOXVILLE, Tenn., Oct. 05, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NASDAQ:SMBK) announces details for the release of its results for the Third Quarter of 2023.
SmartFinancial Announces Results for the Second Quarter 2023
Highlights for the Second Quarter of 2023 Operating earnings 1 of $8.8 million, or $0.52 per diluted common share Net organic loan and lease growth of $56 million - 7% annualized quarter-over-quarter ...
SmartFinancial Sets Dates for Second Quarter Earnings Release and Conference Call
KNOXVILLE, Tenn., July 06, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NASDAQ:SMBK) announces details for the release of its results for the Second Quarter of 2023.
SmartFinancial Announces Results for the First Quarter 2023
Highlights for the First Quarter of 2023 Operating earnings 1 of $11.5 million, or $0.68 per diluted common share Operating earnings 1 increase of 34% compared to the same prior year quarter Deposit g...
SmartFinancial Increases Quarterly Cash Dividend by 14%
KNOXVILLE, Tenn., Jan. 26, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced that on January 26, 2023, the board of directors...
SmartFinancial Announces Results for the Fourth Quarter 2022
Highlights for the Fourth Quarter of 2022
SmartFinancial Announces Results for the Third Quarter 2022
Highlights for the Third Quarter of 2022
Rains Insurance Acquires Sunbelt Insurance
KNOXVILLE, Tenn. and CHATTANOOGA, Tenn., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Rains Insurance, Inc. (“Rains”), a wholly owned subsidiary of SmartBank, announced today that it has acquired the operating ...
SmartFinancial Approves Regular Quarterly Cash Dividend
KNOXVILLE, Tenn., July 28, 2022 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced that on July 28, 2022, the board of directors of...
SmartFinancial Announces Results for the Second Quarter 2022
Highlights for the Second Quarter of 2022
SmartFinancial Announces Results for the First Quarter 2022
Highlights for the First Quarter of 2022
SmartFinancial Increases Quarterly Cash Dividend by 17%
KNOXVILLE, Tenn., Jan. 28, 2022 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced that on January 27, 2022, the board of directors...
SmartFinancial Announces Results for the Fourth Quarter 2021
Highlights for the Fourth Quarter of 2021
SmartBank Scales Presence in Nashville, Tennessee
KNOXVILLE, Tenn., Nov. 29, 2021 (GLOBE NEWSWIRE) -- SmartBank, a subsidiary of SmartFinancial, Inc. ("SmartFinancial” or the "Company"; NASDAQ: SMBK), announced the hiring of three experienced banking...
SmartBank Announces Gulf Coast Wealth Management Expansion
KNOXVILLE, Tenn., Nov. 16, 2021 (GLOBE NEWSWIRE) -- SmartBank, a subsidiary of SmartFinancial, Inc. ("SmartFinancial” or the "Company"; NASDAQ: SMBK), announced the hiring of a six-person wealth manag...
SmartFinancial Announces Results for the Third Quarter 2021
KNOXVILLE, Tenn., Oct. 19, 2021 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NASDAQ: SMBK), today announced net income of $9.6 million, or $0.61 per diluted common shar...
SmartBank Expands in Tallahassee – Announces Expansion into Floor Plan Lending
KNOXVILLE, Tenn., Sept. 30, 2021 (GLOBE NEWSWIRE) -- SmartBank, a subsidiary of SmartFinancial, Inc. ("SmartFinancial” or the "Company"; NASDAQ: SMBK), announces the hiring of two commercial relations...