Smartfinancial Inc. financial data

Symbol
SMBK on NYSE
Industry
National Commercial Banks
Location
5401 Kingston Pike, Suite 600, Knoxville, TN
State of incorporation
TN
Fiscal year end
December 31
Former names
CORNERSTONE BANCSHARES INC (to 8/24/2015), EAST RIDGE BANCSHARES INC (to 6/24/1997)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 937 % -3.61%
Return On Equity 6.93 % -13.6%
Return On Assets 0.67 % -10.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16.9M shares -0.4%
Common Stock, Shares, Outstanding 16.9M shares -0.4%
Entity Public Float 337M USD -15.9%
Common Stock, Value, Issued 16.9M USD -0.41%
Weighted Average Number of Shares Outstanding, Basic 16.7M shares -0.48%
Weighted Average Number of Shares Outstanding, Diluted 16.8M shares -0.47%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 40.9M USD -8.97%
Income Tax Expense (Benefit) 8.21M USD -13.8%
Net Income (Loss) Attributable to Parent 32.7M USD -7.67%
Earnings Per Share, Basic 1.95 USD/shares -8.02%
Earnings Per Share, Diluted 1.94 USD/shares -7.18%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 193M USD -51.8%
Property, Plant and Equipment, Net 91.1M USD -1.05%
Operating Lease, Right-of-Use Asset 11.7M USD +16.3%
Goodwill 96.1M USD -0.05%
Assets 4.91B USD +2.33%
Liabilities 4.42B USD +1.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -17.3M USD +49.2%
Retained Earnings (Accumulated Deficit) 196M USD +16.2%
Stockholders' Equity Attributable to Parent 489M USD +9.49%
Liabilities and Equity 4.91B USD +2.33%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 7.08M USD -37.7%
Net Cash Provided by (Used in) Financing Activities 122M USD -3.48%
Net Cash Provided by (Used in) Investing Activities -3.02M USD +96.9%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 16.9M shares -0.4%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 126M USD +210%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 193M USD -51.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 28.8M USD +68.8%
Deferred Tax Assets, Gross 30.1M USD -7.8%
Operating Lease, Liability 12.2M USD +18.3%
Payments to Acquire Property, Plant, and Equipment 2.91M USD +86.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 49.5M USD +17.7%
Lessee, Operating Lease, Liability, to be Paid 15.1M USD +26.3%
Property, Plant and Equipment, Gross 120M USD +1.93%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.6M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.71M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure +35%
Deferred Income Tax Expense (Benefit) 1.44M USD -58.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.87M USD +77.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.39M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.39M USD
Operating Lease, Payments 1.6M USD +3.89%
Additional Paid in Capital 294M USD -0.55%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.47M USD -7.53%
Interest Expense 98.8M USD +177%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%