Smartfinancial Inc. financial data

Symbol
SMBK on NYSE
Industry
National Commercial Banks
Location
5401 Kingston Pike, Suite 600, Knoxville, TN
State of incorporation
TN
Fiscal year end
December 31
Former names
CORNERSTONE BANCSHARES INC (to 8/24/2015), EAST RIDGE BANCSHARES INC (to 6/24/1997)
Latest financial report
10-K - Q4 2024 - Mar 17, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 943 % -2.39%
Return On Equity 7.53 % +18.2%
Return On Assets 0.72 % +20.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 17M shares -0.24%
Common Stock, Shares, Outstanding 16.9M shares -0.37%
Entity Public Float 370M USD +9.73%
Common Stock, Value, Issued 16.9M USD -0.37%
Weighted Average Number of Shares Outstanding, Basic 16.8M shares -0.22%
Weighted Average Number of Shares Outstanding, Diluted 16.9M shares -0.21%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 45.5M USD +25.5%
Income Tax Expense (Benefit) 9.32M USD +22.1%
Net Income (Loss) Attributable to Parent 36.1M USD +26.4%
Earnings Per Share, Basic 2.16 USD/shares +27.1%
Earnings Per Share, Diluted 2.14 USD/shares +26.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 388M USD +10%
Property, Plant and Equipment, Net 91.1M USD -2.01%
Operating Lease, Right-of-Use Asset 12M USD +20.8%
Goodwill 96.1M USD 0%
Assets 5.28B USD +9.25%
Liabilities 4.78B USD +9.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -23.7M USD +8.63%
Retained Earnings (Accumulated Deficit) 204M USD +17.7%
Stockholders' Equity Attributable to Parent 491M USD +6.84%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 491M USD +6.87%
Liabilities and Equity 5.28B USD +9.25%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 7.08M USD -37.7%
Net Cash Provided by (Used in) Financing Activities 122M USD -3.48%
Net Cash Provided by (Used in) Investing Activities -3.02M USD +96.9%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 16.9M shares -0.37%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 126M USD +210%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 388M USD +10%
Interest Paid, Excluding Capitalized Interest, Operating Activities 28.8M USD +68.8%
Deferred Tax Assets, Gross 29.3M USD -2.7%
Operating Lease, Liability 12.5M USD +21.1%
Payments to Acquire Property, Plant, and Equipment 2.91M USD +86.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 38.4M USD +0.97%
Lessee, Operating Lease, Liability, to be Paid 15.4M USD +29.8%
Property, Plant and Equipment, Gross 122M USD +2.03%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.68M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.73M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +35.2%
Deferred Income Tax Expense (Benefit) 1.44M USD -58.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.91M USD +88%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.47M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.46M USD
Operating Lease, Payments 1.81M USD +27.4%
Additional Paid in Capital 294M USD -0.48%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.43M USD -7.58%
Interest Expense 98.8M USD +177%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%