Smartfinancial Inc.SMBK

NYSEFinanceNational Commercial Banks
Price (close)
$50.30
Market cap
$860.1M
P/E
15.0x
Revenue (TTM)
$214.1M
Net income
$57.4M
Dividend yield
0.68%
1-year total return
39.1%
Net margin
26.8%
Revenue growth
14.5%
Debt / equity
0.00x

What Smartfinancial Inc. does.

SmartFinancial, Inc. (“SmartFinancial” or the “Company”) was incorporated on September 19, 1983, under the laws of the State of Tennessee. SmartFinancial is a bank holding company registered under the Bank Holding Company Act of 1956, as amended. In this Report on Form 10-K, the words “SmartFinancial,” “the Company,” “we,” “us,” and “our” refer to SmartFinancial, Inc. together with SmartBank and SmartBank’s wholly-owned subsidiaries, except where the context requires otherwise.

The Company makes our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act available free of charge on our website at www.smartbank.com as soon as reasonably practicable after we electronically file such material with the SEC. These reports are also available without charge on the SEC’s website at www.sec.gov .

The primary activity of SmartFinancial is the ownership and operation of SmartBank (the “Bank”). As a bank holding company, SmartFinancial intends to facilitate SmartBank’s ability to provide financial services to its customers. The holding company structure also provides flexibility for expansion through the possible acquisition of other financial institutions and the provision of additional banking-related services, as well as certain non-banking services, which a traditional commercial bank may not provide under present laws.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$116.3M$137.3M$165.2M$152.4M$171.5M$200.5M
Net income$24.3M$34.8M$43.0M$28.6M$36.1M$50.3M
Free cash flow$23.6M$43.8M$44.3M$33.4M$46.3M$59.3M

More on SMBK.

Figures from Smartfinancial Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.