SmartFinancial, Inc. (SMBK)

NASDAQ: SMBK · IEX Real-Time Price · USD
22.17
+0.98 (4.62%)
Jun 2, 2023, 4:00 PM EDT - Market closed
4.62%
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]

Sector Financials
CEO William Young Carroll Jr.
Employees 583
Stock Exchange NASDAQ
Ticker Symbol SMBK
Full Company Profile

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 Statements

Analyst 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.

Price Target
$28.0
(26.30% upside)
Analyst Consensus: Hold
Stock Forecasts

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 ...

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire
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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...

4 months ago - GlobeNewsWire

SmartFinancial Announces Results for the Fourth Quarter 2022

Highlights for the Fourth Quarter of 2022

4 months ago - GlobeNewsWire

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.

5 months ago - GlobeNewsWire

SmartFinancial Announces Results for the Third Quarter 2022

Highlights for the Third Quarter of 2022

7 months ago - GlobeNewsWire

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.

8 months ago - GlobeNewsWire
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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 ...

9 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

SmartFinancial Announces Results for the Second Quarter 2022

Highlights for the Second Quarter of 2022

11 months ago - GlobeNewsWire

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.

11 months ago - GlobeNewsWire

SmartFinancial Announces Results for the First Quarter 2022

Highlights for the First Quarter of 2022

1 year ago - GlobeNewsWire
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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...

1 year ago - GlobeNewsWire

SmartFinancial Announces Results for the Fourth Quarter 2021

Highlights for the Fourth Quarter of 2021

1 year ago - GlobeNewsWire

The Bunny Roared in 2021

The Bunny Portfolio is hopping again. It bounced to a 36.6% return in the past year.

1 year ago - GuruFocus

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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 ...

2 years ago - Benzinga

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...

2 years ago - GlobeNewsWire

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.

2 years ago - Benzinga