SmartFinancial (SMBK) AI Stock Analysis

• Market Cap: $600.31M
• Dividend Yield: 0.92%
• Average Volume (3M): 61.23K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 1.03
• 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: 0.53
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 1.82
• P/FCF Ratio: 11.22
• Enterprise Value/Market Cap: 0.93
• Enterprise Value/Revenue: 1.85
• Enterprise Value/Gross Profit: 3.12
• Enterprise Value/Ebitda: 9.01
• 1Y Price Target: $39.63
• Price Target Upside: 12.36% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 73 Outperform
• Price Target: $39.00 ▲(10.58% Upside)

SmartFinancial's overall stock score reflects its strong financial performance and positive earnings call, which highlight significant growth and strategic achievements. Technical analysis indicates some short-term weakness, and valuation metrics suggest the stock is fairly valued. The absence of notable corporate events does not impact the score.

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 demonstrates strong financial health with consistent revenue growth and solid profitability margins. The balance sheet is robust, with low leverage and a strong equity position. However, cash flow management presents some challenges, with negative free cash flow growth in the TTM.

Income Statement

SmartFinancial shows a consistent revenue growth trajectory with a TTM revenue growth rate of 3.24%. The gross profit margin is strong at 59.35%, and the net profit margin has improved to 13.84% in the TTM. EBIT and EBITDA margins are healthy, indicating efficient operations. However, the historical volatility in margins suggests potential risks in maintaining these levels.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.0087 in the TTM, showcasing strong financial stability. The return on equity is modest at 2.44%, reflecting room for improvement in utilizing equity effectively. The equity ratio is robust, indicating a strong capital base relative to assets.

Cash Flow

SmartFinancial's cash flow performance is stable, with a high free cash flow to net income ratio of 0.93, indicating efficient cash generation relative to earnings. However, the free cash flow growth rate is negative in the TTM, suggesting challenges in sustaining cash flow growth. The operating cash flow to net income ratio is low, indicating potential pressure on cash flow relative to earnings.

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	519.01M	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: Negative
• Last Price: 35.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SMBK, the sentiment is Negative. The current price of 35.27 is above the 20-day moving average (MA) of 34.87, below the 50-day MA of 35.95, and above the 200-day MA of 33.50, indicating a neutral trend. The MACD of -0.18 indicates Negative momentum. The RSI at 45.68 is Neutral, neither overbought nor oversold. The STOCH value of 49.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SMBK.

SmartFinancial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HTBK	―	$642.73M	14.85	6.26%	4.91%	8.23%	-0.07%
SMBC	―	$597.84M	9.69	11.54%	1.81%	9.34%	25.21%
SMBK	―	$600.31M	12.63	9.01%	0.92%	12.06%	41.78%
SUPV	―	$1.06B	15.74	8.59%	1.77%	-55.30%	-64.02%
SPFI	―	$613.10M	11.55	12.97%	1.73%	5.87%	37.99%
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MOFG	―	$750.21M	12.84	10.01%	2.69%	89.01%	―

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.