SmartFinancial, Inc.

SMBK Financial Banks Regional

SmartFinancial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $320.3 million, up 12.3% from fiscal 2024. In the quarter to June 2026, revenue grew 9.67%, EPS grew 38.6%, free cash flow grew 68.1% and total debt rose 112.9%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for ten; insiders bought in the last twelve months.

50.84 0.43 +0.85%
Market cap
$861.9M
P/E
14.9×
Fwd P/E
11.5×
Dividend yield
0.67%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.32
Total sells 0.49
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — 1 1 — — 1 2 — — — —
Sell 1 1 — — — 1 — 1 — 1 1 —
Insider Ownership 10.07%

Capital & Financial Ratios $m

Market Cap 861.93
Revenue 335.14
Net Income 57.39
Free Cash Flow 67.44
Net Debt (279.98)
Current Ratio 0.93
Debt/Equity 0.17
P/E ratio 14.87
Fwd P/E 11.50
P/S ratio 2.55
P/B ratio 1.48
Past 5Y EPS Growth 12.96%
This Y EPS Growth 23.35% (at or above 15%: strong)
Next Y EPS Growth 11.97%
Next Y revenue growth (29.23%) (below 0%: weak)
Next 5Y EPS Growth 12.81%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 65.06%
10-year low 10-year high
P/S against its own 10 years 59.68%
10-year low 10-year high
P/B against its own 10 years 98.05%
10-year low 10-year high

Dividends

Payout Ratio 0.10
Annual Dividend Rate 0.34
Annual Dividend Yield 0.67%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.34
0.08
0.09
0.09
2025 0.32
0.08
0.08
0.08
0.08
2024 0.32
0.08
0.08
0.08
0.08
2023 0.32
0.08
0.08
0.08
0.08
2022 0.28
0.07
0.07
0.07
0.07
2021 0.24
0.06
0.06
0.06
0.06
2020 0.20
0.05
0.05
0.05
0.05
2019 0.05
0.05
2018 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 352 388 464 379
Receivables — — — —
Inventory — — — —
Other — — — —
3,766 4,262 4,798 5,027
2023 2024 2025 Q'26
Payables 4,268 4,686 5,153 5,386
ST’ Debt — — — —
Other — — — —
4,268 4,686 5,153 5,386

Compound Annual Growth %

10y 5y 3y
Sales 26.72% 19.21% 19.75%
Cash Flow 38.71% 16.25% 2.81%
Earnings 43.19% 15.65% 5.38%
Book Value 18.62% 9.12% 8.51%

Revenue $m

Mar Jun Sep Dec Year
’26 82 86 — — —
’25 75 78 83 84 320
’24 68 69 73 75 285
’23 60 59 56 65 240
’22 40 44 49 54 187
’21 35 35 40 40 149
’20 31 33 34 35 133
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 16 24 — — —
’25 14 14 17 17 62
’24 7 17 12 17 53
’23 11 10 7 12 40
’22 11 18 13 15 57
’21 16 15 14 1 46
’20 9 (8) 21 7 29
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 10 23 — — —
’25 14 14 17 17 62
’24 7 18 13 16 54
’23 10 8 6 10 35
’22 11 11 10 13 46
’21 15 16 16 0 47
’20 7 (9) 20 6 25
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.81 0.96 — — —
’25 0.67 0.69 0.81 0.81 2.98
’24 0.55 0.48 0.54 0.57 2.14
’23 0.68 0.52 0.12 0.37 1.69
’22 0.49 0.61 0.68 0.77 2.55
’21 0.65 0.58 0.61 0.40 2.22
’20 0.19 0.41 0.42 0.59 1.62
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 14.21 17.17 16.17 17.15 11.05 17.86 22.63 18.86 19.00 26.31

Analyst estimates 2026–2028

Powerpack
High 20.58 26.26 27.69 23.99 23.94 28.03 30.50 28.38 37.72 40.08
People
People Employees 222 343 387 399 475 551 596 585 612 589
Revenue/emp, $m 0.21 0.17 0.26 0.31 0.28 0.27 0.31 0.41 0.47 0.54
Income, $m
Income, $m Revenue 47 57 99 124 133 149 187 240 285 320
Gross margin, % 90.80 90.02 84.24 80.14 87.41 92.06 88.56 63.40 60.12 62.58
EBT 9 11 21 33 31 44 55 36 45 62
EBT margin, % 19.60 20.06 21.60 27.02 23.22 29.71 29.43 15.07 15.94 19.20
Net income 6 5 18 27 24 35 43 29 36 50
Depreciation 2 (2) (4) (1) 3 4 10 13 11 10
Per share, $
Per share, $ Revenue 8.01 6.60 7.95 8.87 8.90 9.58 11.14 14.30 17.01 19.09
Earnings 0.81 0.59 1.44 1.90 1.63 2.23 2.57 1.70 2.16 3.00
Cash flow 1.99 0.14 1.68 2.14 1.94 2.97 3.39 2.36 3.14 3.68
Capex (0.98) (0.31) 0.09 (0.35) (0.28) 0.03 (0.63) (0.27) 0.08 0.00
Free cash flow 1.01 (0.17) 1.77 1.79 1.67 2.99 2.77 2.10 3.22 3.68
Book value 18.02 23.83 22.78 22.41 23.88 27.58 25.83 27.37 29.31 32.93
Shares, m 6 9 12 14 15 16 17 17 17 17
Valuation, ×
Valuation, × P/E 22.63 37.08 12.69 12.45 11.20 12.11 10.66 14.23 14.28 12.29
P/S 2.32 3.31 2.30 2.67 2.04 2.86 2.46 1.70 1.82 1.94
P/B 1.03 0.92 0.80 1.06 0.76 0.99 1.06 0.89 1.06 1.12
EV/Sales 1.24 2.10 1.64 1.75 (0.68) (3.28) 1.48 0.47 0.63 0.81
EV/FCF 9.89 (81.03) 7.36 8.68 (3.60) (10.50) 5.96 3.18 3.32 4.18
Cash, $m
Cash, $m Operating cash flow 12 1 21 30 29 46 57 40 53 62
Capex (6) (3) 1 (5) (4) 0 (10) (4) 1 0
Free cash flow 6 (1) 22 25 25 47 46 35 54 62
Balance, $m
Balance, $m Working capital (62) (41) (49) 30 52 (298) (579) (502) (424) (355)
Total debt 19 44 50 71 121 130 84 55 48 102
Net debt (50) (69) (65) (113) (361) (916) (183) (297) (340) (363)
Shareholders’ equity 105 206 283 313 357 429 432 460 491 552
Returns, %
Returns, % ROA 0.46 0.35 0.91 1.12 0.85 0.88 0.93 0.60 0.72 0.90
ROIC 10.41 6.35 7.21 11.48 0.00 0.00 13.87 13.95 18.73 20.69
ROE 4.65 3.10 7.41 8.91 7.26 8.85 9.98 6.41 7.60 9.65
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

SmartFinancial, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
FCBC First Community Bancshares, Inc. $911.3M 15.3× 15.0× +35.47% (above 0%: growing) +77.61% (above 0%: growing) +82.80% (above 0%: growing) 92.36% 0.00% Compare
SBSI Southside Bancshares, Inc. $909.2M 12.1× 9.8× +6.52% (above 0%: growing) +25.00% (above 0%: growing) +1,301.48% (above 0%: growing) 60.49% 0.00% Compare
FMNB Farmers National Banc Corp. $900.6M 10.4× 9.4× +43.94% (above 0%: growing) +5.41% (above 0%: growing) +114.21% (above 0%: growing) 70.09% 0.00% Compare
THFF First Financial Corporation Indiana $876.8M 10.4× 9.7× +12.19% (above 0%: growing) +21.66% (above 0%: growing) +44.71% (above 0%: growing) 75.76% 0.00% Compare
SMBK SmartFinancial, Inc. $861.9M 14.9× 11.5× +9.67% (above 0%: growing) +38.57% (above 0%: growing) +68.13% (above 0%: growing) 65.11% 0.00%
EGBN Eagle Bancorp, Inc. $854.2M — (loss-making) 15.8× −13.00% (below 0%: shrinking) n/m +207.40% (above 0%: growing) 53.23% 0.00% Compare
GSBC Great Southern Bancorp, Inc. $846.0M 12.9× 12.9× −10.48% (below 0%: shrinking) −16.18% (below 0%: shrinking) −93.70% (below 0%: shrinking) 71.23% 0.00% Compare
CCBG Capital City Bank Group $836.5M 13.6× 12.5× +1.35% (above 0%: growing) +7.95% (above 0%: growing) −75.79% (below 0%: shrinking) 89.45% 0.00% Compare
ORRF Orrstown Financial Services Inc $816.1M 9.3× 8.8× +0.90% (above 0%: growing) +8.91% (above 0%: growing) −5.50% (below 0%: shrinking) 70.78% 0.00% Compare
Median of peers $865.5M 12.1× 11.1× +3.93% +8.91% +63.76% 71.01% 0.00%

All 323 Banks Regional stocks →

SmartFinancial, Inc. (SMBK) key facts

  • Strength: SmartFinancial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $320.3 million, up 12.3% from fiscal 2024.
  • SmartFinancial, Inc. (SMBK) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, SMBK traded at $50.84, a market capitalization of $861.9 million.
  • SmartFinancial, Inc. pays an annual dividend of $0.34 per share, a yield of 0.67%, with a payout ratio of 10.0%.
  • Return on equity was 9.65% and debt-to-equity 0.17.
  • Its Piotroski F-score is 7 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

SmartFinancial, Inc. (SMBK) Latest News

17 Mar

Impact 4 · transcript
stockrow.com/SMBK · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com