SMBK - NASDAQ
SmartFinancial, Inc.
$37.87
-0.99%SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers. It operates through Commercial Real Estate, Consumer Real Estate, Construction and Land Development, Commercial and Industrial, 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; mortgage loans; and direct consumer installment loans, educational, and other revolving credit loans; and overdraft facilities. In addition, the company offers wealth management, insurance, mortgage origination, and Internet and mobile banking services. As of March 1, 2022, it had 41 full-service branches and 2 loan production offices in East and Middle Tennessee, Alabama, and the Florida Panhandle. The company is headquartered in Knoxville, Tennessee.
At a Glance
Live SnapshotSmartFinancial, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
SmartFinancial, Inc. Income Statement
SMBK • NASDAQ
| SmartFinancial, Inc. Income Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 | Dec 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
285.3M | 240.4M | 186.5M | 149.2M | 133M | 115.2M | 96.7M | 55.7M | 45.6M | 29.2M | 21.3M | 20.4M | 20.4M | 21.7M | 28.3M | 28.6M | 32.6M | 36.5M | 31.3M | 22.6M | |
GROSS PROFIT | ||||||||||||||||||||
(118.9M) | (91M) | (25.4M) | (13.5M) | (25.4M) | (27.2M) | (18.5M) | (6.5M) | (5.1M) | (3.7M) | (2.5M) | (3.8M) | (5.2M) | (6.8M) | (16.5M) | (26.1M) | (16.2M) | (24.8M) | (11.4M) | (7.5M) | |
166.3M | 149.4M | 161.2M | 135.7M | 107.6M | 88M | 78.2M | 49.2M | 40.5M | 25.6M | 18.8M | 16.6M | 15.2M | 14.9M | 11.8M | 2.5M | 16.4M | 11.7M | 19.9M | 15.1M | |
OPERATING INCOME | ||||||||||||||||||||
(120.9M) | (113.2M) | (106.3M) | (91.4M) | (76.7M) | (54.6M) | (56.9M) | (37.7M) | (31.3M) | (22.4M) | (15.9M) | (13.8M) | (13.2M) | (13.7M) | (18M) | (16.1M) | (12.6M) | (10.9M) | (10.7M) | (8.2M) | |
(76.8M) | (70.2M) | (67.4M) | (54.3M) | (44.9M) | (39.8M) | (34.4M) | (23.7M) | (20.8M) | (14M) | (10.6M) | (7.2M) | (7.1M) | (7.2M) | (7.5M) | (8.2M) | (7.5M) | (6.6M) | (6M) | (4.5M) | |
45.5M | 36.2M | 54.9M | 44.3M | 30.9M | 33.4M | 21.3M | 11.4M | 9.2M | 3.2M | 3M | 2.7M | 2M | 1.2M | -6.2M | -13.5M | 3.8M | 730K | 9.1M | 6.9M | |
PRE-TAX INCOME | ||||||||||||||||||||
(113.8M) | (88M) | (21.3M) | (11.8M) | (16.7M) | (24.6M) | (15.6M) | (5.7M) | (4.3M) | (2.8M) | (2M) | (3.5M) | (4.8M) | (6.4M) | (9.2M) | (11.2M) | (12.7M) | (14.4M) | (10.3M) | (6.1M) | |
137.4M | 130.1M | 137.5M | 113.4M | 100.9M | 83.9M | 76.6M | 46.3M | 38.3M | 25M | 18.7M | 14.9M | 14.6M | 14.1M | 16M | 15.1M | 18M | 20.4M | 18.9M | 14.6M | |
(44.1M) | (42.9M) | (38.9M) | (37.1M) | (31.8M) | (14.8M) | (22.7M) | (14M) | (10.5M) | (8.4M) | (5.3M) | (6.6M) | (6M) | (6.5M) | (10.6M) | (7.9M) | (5.1M) | (4.3M) | (4.7M) | (3.7M) | |
45.5M | 36.2M | 54.9M | 44.3M | 30.9M | 33.4M | 21.3M | 11.4M | 9.2M | 3.1M | 3M | 2.7M | 2M | 1.2M | -6.2M | -13.5M | 3.8M | 730K | 9.1M | 6.9M | |
NET INCOME | ||||||||||||||||||||
(9.3M) | (7.6M) | (11.9M) | (9.5M) | (6.6M) | (6.9M) | (3.2M) | (6.4M) | (3.4M) | (1.6M) | (1.1M) | (1M) | (577.6K) | (188.2K) | -1.5M | -5.3M | (1.3M) | -141.1K | (3.3M) | (2.6M) | |
36.1M | 28.6M | 43M | 34.8M | 24.3M | 26.5M | 18.1M | 5M | 5.8M | 1.5M | 1.8M | 1.7M | 1.4M | 1M | -4.7M | -8.2M | 2.5M | 871.2K | 5.8M | 4.3M |
SEC Filings
SMBK - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 21, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 11, 2026 | March 31, 2026 | 2026 | |
S-3 S-3 N/A | May 01, 2026 | May 01, 2026 | ||
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 20, 2026 | April 20, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 07, 2026 | May 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 31, 2026 | March 31, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 16, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 30, 2026 | January 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 20, 2026 | January 20, 2026 | 2026 |
Related Guides
Continue your SMBK research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.