SmartFinancial (SMBK) AI Stock Analysis

• Market Cap: $587.20M
• Dividend Yield: 0.88%
• Average Volume (3M): 61.23K
• Price to Earnings (P/E): 13.9
• Beta (1Y): 1.01
• Revenue Growth: 12.06%
• EPS Growth: 41.78%
• Country: US
• Employees: 597
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.86
• Shares Outstanding: 17,020,313
• 10 Day Avg. Volume: 76,213
• 30 Day Avg. Volume: 61,232
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 1.85
• Enterprise Value/Gross Profit: 3.12
• Enterprise Value/Ebitda: 9.01
• 1Y Price Target: $39.67
• Price Target Upside: 9.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 73 Outperform
• Price Target: $39.00 ▲(7.56% Upside)

SmartFinancial's overall stock score is driven by strong financial performance and positive earnings call sentiment. The company's robust balance sheet and consistent revenue growth are significant strengths. However, challenges in cash flow management and neutral technical indicators slightly temper the outlook.

SmartFinancial Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

SmartFinancial generates revenue through a commission-based model, earning a percentage from insurance carriers for each policy sold through its platform. The key revenue streams include commissions from auto, home, and life insurance sales, as well as potential referral fees from partnerships with financial institutions. Additionally, SmartFinancial may generate income from advertising on its platform and by providing leads to insurance agents and brokers. The company's growth is also supported by strategic partnerships with various insurance providers, which enhance its product offerings and improve customer access to competitive insurance options.

SmartFinancial Financial Statement Overview

Summary

SmartFinancial exhibits strong financial health characterized by consistent revenue growth, solid profitability margins, and efficient cash flow management. The balance sheet is stable with low leverage, although there is potential to enhance equity ratios.

Income Statement

SmartFinancial has demonstrated consistent revenue growth with a TTM revenue of $292 million, up from $285 million in the previous year. The gross profit margin stands at 58.8%, indicating efficient management of cost of goods sold. The net profit margin is 13.0%, reflecting solid profitability. EBIT and EBITDA margins are 16.1% and 19.9% respectively, showcasing operational effectiveness.

Balance Sheet

The company maintains a healthy balance sheet with a debt-to-equity ratio of 0.09, indicating low financial leverage. The return on equity is 7.5%, suggesting moderate returns on shareholders' investments. An equity ratio of 9.3% highlights a stable capital structure, though there is room for improvement in equity financing.

Cash Flow

The cash flow statement reveals robust cash generation capabilities with a free cash flow growth rate of 19.9% year-over-year. The operating cash flow to net income ratio is 1.57, demonstrating effective cash conversion. The free cash flow to net income ratio of 1.46 indicates strong cash profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	301.55M	285.27M	240.37M	186.55M	149.18M	133.04M
Gross Profit	178.96M	166.35M	149.38M	161.20M	135.71M	107.61M
EBITDA	61.93M	56.87M	49.72M	67.55M	53.32M	38.65M
Net Income	41.74M	36.14M	28.59M	43.02M	34.79M	24.33M
Balance Sheet
Total Assets	5.49B	5.28B	4.83B	4.61B	4.61B	3.30B
Cash, Cash Equivalents and Short-Term Investments	682.11M	684.73M	703.23M	735.01M	1.49B	630.94M
Total Debt	46.69M	47.78M	55.20M	83.92M	141.73M	120.55M
Total Liabilities	4.97B	4.78B	4.37B	4.18B	4.18B	2.95B
Stockholders Equity	5.36B	491.35M	459.89M	432.45M	429.43M	357.17M
Cash Flow
Free Cash Flow	53.30M	46.30M	33.45M	44.31M	43.80M	23.63M
Operating Cash Flow	57.39M	52.70M	39.72M	56.79M	46.18M	29.07M
Investing Cash Flow	-576.81M	-420.22M	-135.24M	-840.82M	-264.99M	-259.34M
Financing Cash Flow	541.68M	402.82M	181.37M	5.37M	782.17M	528.02M

SmartFinancial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.26
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SMBK, the sentiment is Positive. The current price of 36.26 is above the 20-day moving average (MA) of 35.11, above the 50-day MA of 35.98, and above the 200-day MA of 33.37, indicating a bullish trend. The MACD of -0.25 indicates Negative momentum. The RSI at 57.30 is Neutral, neither overbought nor oversold. The STOCH value of 85.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SMBK.

SmartFinancial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SMBC	74 Outperform	$543.19M	9.29	11.29%	1.87%	11.74%	17.30%
SMBK	73 Outperform	$587.20M	13.94	9.01%	0.88%	12.06%	41.78%
HTBK	72 Outperform	$605.25M	15.09	5.70%	5.26%	6.63%	-19.64%
SUPV	71 Outperform	$591.16M	8.40	8.59%	3.01%	-55.30%	-64.02%
SPFI	68 Neutral	$613.10M	11.55	12.52%	1.59%	6.07%	20.59%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MOFG	51 Neutral	$584.75M	―	-9.58%	3.40%	-35.26%	-305.96%

SmartFinancial Corporate Events

SmartFinancial, Inc. Reports Strong Q3 2025 Earnings

SmartFinancial, Inc., headquartered in Knoxville, Tennessee, operates as a bank holding company for SmartBank, providing full-service commercial banking services across Tennessee, Alabama, and Florida. In its third-quarter earnings report for 2025, SmartFinancial announced a net income of $13.7 million, marking a significant increase from the $9.1 million reported in the same quarter of the previous year. The company also achieved over $50 million in quarterly operating revenue, showcasing robust financial performance.

SmartFinancial, Inc. Reports Strong Q3 Earnings

SmartFinancial, Inc.’s recent earnings call conveyed a positive sentiment, highlighting the company’s robust performance across various financial metrics. Despite some temporary challenges in net interest margin and non-interest income, the overall achievements, including growth in tangible book value, revenue, and balance sheet metrics, were noteworthy. The recognition for workplace culture further underscored the company’s strong internal environment.

SmartFinancial Reports Strong Q3 2025 Financial Results

On October 21, 2025, SmartFinancial announced its third-quarter 2025 financial results, reporting a net income of $13.7 million, a significant increase from $9.1 million in the same quarter of 2024. The company achieved over $50 million in quarterly operating revenue and saw substantial growth in loans and deposits. Strategic actions included a $4.0 million gain from selling SBK Insurance and repositioning securities, which resulted in a pre-tax loss. These moves, along with a $100 million subordinated debt issuance, have strengthened SmartFinancial’s balance sheet and positioned it for future growth.

The most recent analyst rating on (SMBK) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on SmartFinancial stock, see the SMBK Stock Forecast page.

SmartFinancial Sells SBK Insurance Stake to Insuragent

On September 5, 2025, SmartBank, a subsidiary of SmartFinancial, Inc., sold its entire equity interest in SBK Insurance Inc. to Insuragent Purchaser, LLC. Despite the sale, SBK Insurance’s leadership and employees will remain, and its locations will stay open, while SmartBank maintains a strategic relationship with SBK Insurance and acquires a minority stake in Insuragent Purchaser, LLC.

The most recent analyst rating on (SMBK) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on SmartFinancial stock, see the SMBK Stock Forecast page.

SmartFinancial Enters $100M Subordinated Note Agreement

On August 20, 2025, SmartFinancial, Inc. entered into a Subordinated Note Purchase Agreement with institutional accredited investors and qualified institutional buyers, resulting in the sale of $100 million in subordinated notes due 2035. The proceeds are intended for general corporate purposes, including redeeming up to $40 million of existing notes due 2028. This strategic financial maneuver aims to enhance SmartFinancial’s capital structure and potentially improve its market positioning by qualifying the notes as Tier 2 capital for regulatory purposes.

The most recent analyst rating on (SMBK) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on SmartFinancial stock, see the SMBK Stock Forecast page.

SmartFinancial Declares Quarterly Cash Dividend

On July 24, 2025, SmartFinancial, Inc. announced that its board of directors declared a quarterly cash dividend of $0.08 per share, payable on August 25, 2025, to shareholders recorded by August 8, 2025. This decision reflects SmartFinancial’s ongoing commitment to returning value to its shareholders, potentially enhancing its market position and stakeholder confidence.

The most recent analyst rating on (SMBK) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on SmartFinancial stock, see the SMBK Stock Forecast page.

SmartFinancial’s Earnings Call Reveals Robust Growth

SmartFinancial, Inc. recently held its earnings call, revealing a strong performance for the quarter. The company reported significant growth in net income, book value, and both loan and deposit growth, backed by solid credit metrics and an improved net interest margin. Despite facing seasonal deposit outflows and increased deposit costs, the overall performance was robust, indicating a positive sentiment among the company’s leadership.

SmartFinancial, Inc. Reports Strong Q2 2025 Earnings

SmartFinancial, Inc., headquartered in Knoxville, Tennessee, operates as a bank holding company for SmartBank, a full-service commercial bank with branches in Tennessee, Alabama, and Florida. The company focuses on recruiting top talent, providing exceptional client service, and maintaining a disciplined approach to lending.