SMARTFINANCIAL INC. (SMBK)

SmartFinancial, Inc. is a holding company, which engages in the provision of commercial banking services through SmartBank. It operates through the following portfolio segments: Commercial Real Estate, Consumer Real Estate, Construction & Land Development, Commercial & Industrial, Leases, and Consumer and Other. The Commercial Real Estate segment includes owner-occupied commercial real estate loans and loans secured by income-producing properties. The Consumer Real Estate segment consists of real estate loans such as home equity lines. The Construction & Land Development segment focuses on credit to real estate developers or investors. The Commercial & Industrial segment provides commercial and financial loans. The Leases segment includes leases to small and mid-size companies for equipment financing leases. The Consumer & Other segment provides direct consumer installment loans, overdrafts, and other revolving credit and educational loans. The company was founded on September 19, 1983 and is headquartered in Knoxville, TN.

Address

5401 KINGSTON PIKE
KNOXVILLE, TN 37919

Founded

1983

Number of Employees

570

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - - - $4,224 - - - - $4,224
Average Price - - - - - - $16.29 - - - - $16.29
# Shares Purchased - - - - - - 259,290 - - - - 259,290
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - 78.0% - - - - 78.0%
S&P 500 Return to Date - - - - - - 74.8% - - - - 74.8%
Excess Total Return - - - - - - 3.2% - - - - 3.2%
Quartile Rank
Percentile Rank - - - - - - 66% - - - - 80%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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