SmartFinancial, Inc.

NASDAQ•SMBK

CEO: Mr. William Young Carroll Jr.

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 2003-10-07

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 deposit. It also provides commercial and residential real estate, consumer real estate, and construction and land development loans; commercial and financial loans and leases; commercial business and mortgage loans; and direct consumer installment, educational, agriculture, and other revolving credit loans; equipment financing, heavy equipment, semis, and trailers loans and leases to small and mid-size companies; letters of credit; and overdraft facilities. In addition, the company offers wealth management, insurance, mortgage origination, and internet and mobile banking services. SmartFinancial, Inc. is headquartered in Knoxville, Tennessee.

Contact Information

5401 Kingston Pike, Suite 600, Knoxville, TN, 37919, United States

865-437-5700

www.smartbank.com

Market Cap

$652.90M

P/E (TTM)

12.8

14.6

Dividend Yield

0.8%

52W High

$43.91

52W Low

$26.31

52W Range

68%

Rank45Top 56.8%

3.6

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$83.84M+11.61%

4-Quarter Trend

EPS

$0.82+43.86%

4-Quarter Trend

FCF

$0.00+0.00%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Strong Nine-Month Net Income Net income reached $36.6M for nine months 2025, up $10.1M year-over-year; diluted EPS $2.17 compared to $1.57.

Net Interest Margin Expansion Tax equivalent NIM improved to 3.25% for nine months 2025, driven by higher asset yields and lower funding costs.

Balance Sheet Growth Continues Total assets grew to $5.78B; net loans increased $314.4M YTD, supported by $364.4M deposit growth from year-end 2024.

Capital Ratios Remain Strong SmartFinancial CET1 ratio stood at 9.85% as of September 30, 2025, comfortably exceeding regulatory minimums.

Risk Factors

Slight Asset Quality Deterioration Nonaccrual loan ratio ticked up to 0.24% from 0.20% year-over-year; ACL coverage remains adequate at 0.93% of loans.

Interest Rate Risk Exposure Earnings simulation shows potential 1.46% decline in NII under 100 basis point rate decrease scenario over 12 months.

Contingent Credit Risk Exposure Off-balance sheet commitments total $1.01B in unused credit lines, representing potential future credit risk exposure.

Regulatory Capital Buffer Management Company must monitor compliance with new capital rules, though current ratios exceed well-capitalized thresholds.

Outlook

Subordinated Debt Refinancing Complete Issued $100M new subordinated debt to retire older notes and fund growth; debt structure optimized for future.

Asset Quality Monitoring Ongoing Management continues quarterly evaluation of loan risk grading; no allowance deemed necessary for most securities portfolios.

Managing Deposit Cost Pressures Deposit cost decreased due to Federal Reserve rate actions, but management must maintain competitive pricing structures.

SBKI Sale Impact Realized Goodwill reduced by $5.8M due to SBKI sale; transaction resulted in a $4.0M pre-tax gain recognized this quarter.

Peer Comparison

Revenue (TTM)

CAC

$367.34M

+26.8%

TCBX

$366.95M

+8.5%

GSBC

$343.97M

-3.2%

Gross Margin (Latest Quarter)

THFF

96.6%

+26.3pp

FCBC

90.9%

+4.8pp

BCAL

83.9%

+0.0pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
CAC	$775.71M	11.8	9.8%	9.2%
HTBK	$747.33M	15.6	6.8%	0.7%
THFF	$734.94M	9.3	13.0%	8.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

3.8%

Moderate Growth

4Q Net Income CAGR

6.8%

Profitability Improving

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:Apr 20, 2026

EPS:$0.81

Revenue:$53.43M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data