SmartFinancial, Inc. (SMBK)
Market Cap | 376.98M |
Revenue (ttm) | 167.33M |
Net Income (ttm) | 46.26M |
Shares Out | 17.00M |
EPS (ttm) | 2.74 |
PE Ratio | 8.09 |
Forward PE | 8.86 |
Dividend | $0.32 (1.44%) |
Ex-Dividend Date | May 11, 2023 |
Volume | 62,086 |
Open | 21.35 |
Previous Close | 21.19 |
Day's Range | 21.11 - 22.44 |
52-Week Range | 18.86 - 30.50 |
Beta | 0.73 |
Analysts | Hold |
Price Target | 28.00 (+26.3%) |
Earnings Date | Jul 24, 2023 |
About SMBK
SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers. It operates through Commercial Real Estate, Consumer Real Estate, Construction and Land Development, Commercial and Industrial, 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 deposit. It also provides commercial and resi... [Read more]
Financial Performance
In 2022, SmartFinancial's revenue was $161.20 million, an increase of 18.78% compared to the previous year's $135.71 million. Earnings were $43.02 million, an increase of 23.66%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for SMBK stock is "Hold." The 12-month stock price forecast is $28.0, which is an increase of 26.30% from the latest price.
News

SmartFinancial Approves Regular Quarterly Cash Dividend
KNOXVILLE, Tenn., April 27, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced that on April 27, 2023, the board of directors ...

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 Sets Dates for First Quarter Earnings Release and Conference Call
KNOXVILLE, Tenn., April 06, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NASDAQ:SMBK) announces details for the release of its results for the First Quarter of 2023.

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 Sets Dates for Fourth Quarter Earnings Release and Conference Call
KNOXVILLE, Tenn., Jan. 05, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NASDAQ:SMBK) announces details for the release of its results for the Fourth Quarter of 2022.

SmartFinancial Announces Results for the Third Quarter 2022
Highlights for the Third Quarter of 2022

SmartFinancial Sets Dates for Third Quarter Earnings Release and Conference Call
KNOXVILLE, Tenn., Oct. 13, 2022 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NASDAQ:SMBK) announces details for the release of its results 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 Sets Dates for Second Quarter Earnings Release and Conference Call
KNOXVILLE, Tenn., July 07, 2022 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NASDAQ:SMBK) announces details for the release of its results 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...

SmartBank Announces Sale of Richmond Assets to Virginia-based First Bank
KNOXVILLE, Tenn., Sept. 30, 2021 (GLOBE NEWSWIRE) -- SmartBank (the “Bank”), a subsidiary of SmartFinancial, Inc. ("SmartFinancial” or the "Company"; NASDAQ: SMBK), announced today that it has entered...

SmartBank Continues Alabama Expansion – Announces Plans for Montgomery, Dothan and Birmingham
KNOXVILLE, Tenn., Sept. 08, 2021 (GLOBE NEWSWIRE) -- SmartBank, a subsidiary of SmartFinancial, Inc. ("SmartFinancial” or the "Company"; NASDAQ: SMBK), announces the hiring of several banker teams in ...

Recap: SmartFinancial Q2 Earnings
Shares of SmartFinancial (NASDAQ:SMBK) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 46.34% year over year to $0.60, which beat ...

SmartFinancial Announces Results for the Second Quarter 2021
KNOXVILLE, Tenn., July 20, 2021 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial” or the “Company”; NASDAQ: SMBK), today announced net income of $8.8 million, or $0.58 per diluted common shar...

SmartFinancial's Earnings Outlook
On Tuesday, July 20, SmartFinancial (NASDAQ:SMBK) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.