SmartFinancial, Inc. (SMBK)

NYSE: SMBK · IEX Real-Time Price · USD
19.80
+0.36 (1.85%)
Apr 19, 2024, 3:56 PM EDT - Market closed
1.85%
Market Cap 339.26M
Revenue (ttm) 149.38M
Net Income (ttm) 28.59M
Shares Out 17.06M
EPS (ttm) 1.69
PE Ratio 11.60
Forward PE 10.28
Dividend $0.32 (1.62%)
Ex-Dividend Date Feb 1, 2024
Volume 29,270
Open 19.34
Previous Close 19.44
Day's Range 19.22 - 19.82
52-Week Range 18.86 - 25.98
Beta 0.68
Analysts Strong Buy
Price Target 27.00 (+36.36%)
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]

Sector Financials
CEO Nathan Strall
Employees 570
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 5 analysts, the average rating for SMBK stock is "Strong Buy." The 12-month stock price forecast is $27.0, which is an increase of 36.36% from the latest price.

Price Target
$27.0
(36.36% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

13 days ago - GlobeNewsWire

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,...

3 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.

3 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...

5 months ago - GlobeNewsWire

SmartFinancial Approves Regular Quarterly Cash Dividend

KNOXVILLE, Tenn., Oct. 30, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced that on October 27, 2023, the board of directors...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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.

7 months ago - GlobeNewsWire

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 ...

9 months ago - GlobeNewsWire

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.

10 months 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 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 Announces Results for the Fourth Quarter 2022

Highlights for the Fourth Quarter of 2022

1 year ago - GlobeNewsWire

SmartFinancial Announces Results for the Third Quarter 2022

Highlights for the Third Quarter of 2022

1 year 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 ...

1 year 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...

1 year ago - GlobeNewsWire

SmartFinancial Announces Results for the Second Quarter 2022

Highlights for the Second Quarter of 2022

1 year ago - GlobeNewsWire

SmartFinancial Announces Results for the First Quarter 2022

Highlights for the First Quarter of 2022

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

SmartFinancial Announces Results for the Fourth Quarter 2021

Highlights for the Fourth Quarter of 2021

2 years ago - GlobeNewsWire

The Bunny Roared in 2021

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

2 years 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...

2 years 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...

2 years 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...

2 years 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...

2 years 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...

2 years ago - GlobeNewsWire