SmartFinancial, Inc. (SMBK)

NYSE: SMBK · Real-Time Price · USD
30.15
-0.94 (-3.02%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-3.02%
Market Cap 510.26M
Revenue (ttm) 148.50M
Net Income (ttm) 25.62M
Shares Out 16.92M
EPS (ttm) 1.52
PE Ratio 19.84
Forward PE 14.13
Dividend $0.32 (1.06%)
Ex-Dividend Date Aug 9, 2024
Volume 29,653
Open 31.08
Previous Close 31.09
Day's Range 30.11 - 31.08
52-Week Range 19.00 - 31.50
Beta 0.69
Analysts Buy
Price Target 26.17 (-13.2%)
Earnings Date Oct 21, 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]

Sector Financials
CEO William Carroll
Employees 585
Stock Exchange NYSE
Ticker Symbol SMBK
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for SMBK stock is "Buy." The 12-month stock price forecast is $26.17, which is a decrease of -13.20% from the latest price.

Price Target
$26.17
(-13.20% downside)
Analyst Consensus: Buy
Stock Forecasts

News

SmartFinancial Announces Results for the Third Quarter 2024

KNOXVILLE, Tenn.--(BUSINESS WIRE)--SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $9.1 million, or $0.54 per diluted common share, for the third qu...

10 hours ago - Business Wire

SmartFinancial Sets Dates for Third Quarter Earnings Release and Conference Call

KNOXVILLE, Tenn.--(BUSINESS WIRE)--SmartFinancial Sets Dates for Third Quarter Earnings Release and Conference Call.

19 days ago - Business Wire

SmartFinancial Approves Regular Quarterly Cash Dividend

KNOXVILLE, Tenn., July 25, 2024 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (NYSE: SMBK), the parent company for SmartBank, announced that on July 25, 2024, the board of directors of S...

3 months ago - GlobeNewsWire

SmartFinancial, Inc. (SMBK) Q2 2024 Earnings Call Transcript

SmartFinancial, Inc. (NYSE:SMBK) Q2 2024 Earnings Conference Call July 23, 2024 10:00 AM ET Company Participants Nate Strall - Director of Investor Relations Billy Carroll - President and Chief Execu...

3 months ago - Seeking Alpha

SmartFinancial Announces Results for the Second Quarter 2024

KNOXVILLE, Tenn., July 22, 2024 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $8.0 million, or $0.48 per diluted common share,...

3 months ago - GlobeNewsWire

SmartFinancial Sets Dates for Second Quarter Earnings Release and Conference Call

KNOXVILLE, Tenn., July 02, 2024 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NYSE: SMBK) announces details for the release of its results for the Second Quarter of 2024.

3 months ago - GlobeNewsWire

SmartFinancial, Inc. (SMBK) Q1 2024 Earnings Call Transcript

SmartFinancial, Inc. (NYSE:SMBK) Q1 2024 Earnings Conference Call April 23, 2024 10:00 AM ET Company Participants Nate Strall - Head of Investor Relations Miller Welborn - Chairman Billy Carroll - Pr...

6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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.

7 months ago - GlobeNewsWire

SmartFinancial, Inc. (SMBK) Q4 2023 Earnings Call Transcript

SmartFinancial, Inc. (SMBK) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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,...

9 months ago - GlobeNewsWire

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.

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

SmartFinancial, Inc. (SMBK) Q3 2023 Earnings Call Transcript

SmartFinancial, Inc. (NASDAQ:SMBK) Q3 2023 Earnings Call Transcript October 24, 2023 10:00 AM ET Company Participants Nate Strall - Director, Corporate Strategy Miller Welborn - Chairman Billy Carrol...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

SmartFinancial, Inc. (SMBK) Q2 2023 Earnings Call Transcript

SmartFinancial, Inc. (NASDAQ:SMBK) Q2 2023 Earnings Conference Call July 25, 2023 10:00 AM ET Company Participants Nate Strall - Director, Corporate Strategy Miller Welborn - Chairman Billy Carroll -...

1 year ago - Seeking Alpha

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 ...

1 year ago - GlobeNewsWire

SmartFinancial, Inc. (SMBK) Q1 2023 Earnings Call Transcript

SmartFinancial, Inc. (SMBK) Q1 2023 Earnings Call Transcript.

1 year ago - Seeking Alpha

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 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

SmartFinancial, Inc. (SMBK) Q4 2022 Earnings Call Transcript

SmartFinancial, Inc. (NASDAQ:SMBK) Q4 2022 Earnings Conference Call January 24, 2023 10:00 AM ET Company Participants Miller Welborn - Chairman William Carroll Jr. - President and Chief Executive Off...

1 year ago - Seeking Alpha

SmartFinancial Announces Results for the Fourth Quarter 2022

Highlights for the Fourth Quarter of 2022

1 year ago - GlobeNewsWire

SmartFinancial, Inc. (SMBK) Q3 2022 Earnings Call Transcript

SmartFinancial, Inc. (NASDAQ:SMBK) Q3 2022 Earnings Conference Call October 25, 2022 10:00 AM ET Company Participants Miller Welborn - Chairman Billy Carroll - President & Chief Executive Officer Rhe...

2 years ago - Seeking Alpha

SmartFinancial Announces Results for the Third Quarter 2022

Highlights for the Third Quarter of 2022

2 years ago - GlobeNewsWire

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 ...

2 years ago - GlobeNewsWire