SmartFinancial, Inc. (SMBK) Stock

SmartFinancial, Inc. (SMBK) is a Financials stock trading at $50.91 (as of 2026-08-20), with a market capitalization of $870.48M and a trailing P/E of 15.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

SmartFinancial, Inc. is the bank holding company for SmartBank, providing deposit accounts and lending products for individuals and corporate customers. It also offers wealth management, insurance, mortgage origination, and internet and mobile banking through multiple banking segments.

Understand SmartFinancial, Inc.: how it makes money

SmartFinancial, Inc. operates as the holding company for SmartBank, providing banking products like checking, savings, money market accounts, time deposits, and real estate and commercial lending to individuals and corporate customers.

The core profit engine is the interest spread, meaning the yields earned on loans and the securities portfolio, minus the cost of deposits, with credit quality (non-performing assets and allowance for credit losses) shaping the downside.

Business quality (Solid): Based on the latest quarter’s operating metrics, revenue generation appears tightly linked to deposit costs and loan and securities yields, while asset quality and construction-related credit trends are key risks to watch.

Valuation: At 15× earnings, SMBK trades 22% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Loan and securities yields look supported relative to deposit costs: Yield on loans and leases excluding loan fees is 5.93% (and 5.99% on another provided yield measure), and the weighted average cost of new deposit production is 3.16%.
  • Meaningful securities and asset base metrics are tracked: The securities portfolio is 0.88 USD_B and average earning assets are 5.39 USD_B (latest quarter period).

Bear case

  • Asset quality is a potential pressure point: Non-Performing Asset Ratio (Non-8) is 12.0 (latest quarter period), and the Non-Performing Asset Ratio is also shown as 0.18%.
  • Credit loss provisioning and construction momentum need monitoring: Allowance for Credit Losses is 0.04 USD_B, and Construction Portfolio Decline (Quarter Over Quarter) is 0.02 USD_B (latest quarter period).
Valuation — source: SEC EDGAR (first-party)
Price$50.91
Market Cap$870.48M
P/E Ratio15.2
EV / EBITDA6.6
Price / Book1.51
Price / Sales3.28
FCF Yield7.5%
DCF Value (model)$54.45
DCF Upside vs Price7.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$248.67M
Net Margin20.2%
Revenue Growth (YoY)13.9%
EPS Growth (YoY)38.6%
FCF Growth (YoY)69.6%
Valuation vs Sector & Industry
Stock P/E15.2
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector0.2%
vs Industry17.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($50.20M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOWilliam Young Carroll Jr.
Employees597
CountryUS
IPO Date2003-10-07

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • Camden National Corporation (CAC)
  • Hanmi Financial Corporation (HAFC)
  • Alerus Financial Corporation (ALRS)
  • Financial Institutions, Inc. (FISI)
  • Shore Bancshares, Inc. (SHBI)
  • Arrow Financial Corporation (AROW)
  • Peoples Financial Services Corp. (PFIS)
  • Carter Bankshares, Inc. (CARE)
SMBK earnings history · SMBK institutional & insider holders · SMBK KPIs & operating metrics · SMBK financials · SMBK investor presentations & press releases · SMBK SEC filings · SMBK peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.