SmartFinancial Inc


SmartFinancial Inc

  • Price (USD)13.33
  • Today's Change-2.13 / -13.78%
  • Shares traded46.95k
  • 1 Year change-32.98%
  • Beta0.9687
Data delayed at least 15 minutes, as of Apr 07 2020 21:00 BST.
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Profile data is unavailable for this security.

About the company

SmartFinancial, Inc., formerly Cornerstone Bancshares, Inc., is a bank holding company. The Company operates through its SmartBank subsidiary (The Bank). The principal business of the Bank consists of attracting deposits from the public and investing those funds, together with funds generated from operations and from principal and interest payments on loans. It offers commercial real estate-mortgage, consumer real estate-mortgage, construction and land development, commercial and industrial, and consumer and other loans. The Bank's investment portfolio consists of Federal agency bonds, mortgage-backed securities, and state and municipal securities. The Bank provides a range of deposit services to businesses and individuals, including non-interest bearing checking accounts, interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts (IRAs) and certificates of deposit (CDs). SmartBank operates in approximately 28 branches.

  • Revenue in USD (TTM)108.45m
  • Net income in USD26.55m
  • Incorporated1983
  • Employees399.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
SMBK:NAQ since
Progressive Financial Group IncAnnounced29 Oct 201929 Oct 2019Announced-35.67%41.38m
Data delayed at least 15 minutes, as of Apr 07 2020 21:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
(YOY change %)
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
(5 yr growth rate)
PCSB Financial Corp59.35m8.85m222.38m160.0023.930.81722.034.630.550.552.9816.11--------0.5518----------18.4112.05------11.5911.4415.621.3938.59----
Civista Bancshares Inc98.05m33.23m231.24m457.006.960.70676.352.
Summit Financial Group, Inc.107.07m31.87m231.80m383.007.010.896.412.412.542.547.6619.97--------1.381.14--------33.0928.42------24.6612.2213.1913.5224.6678.34--
Macatawa Bank Corporation75.94m31.98m234.36m285.007.321.086.852.820.9390.9392.446.38--------1.581.16--------38.4329.57------30.0510.0010.0821.2325.01-10.0328.47
Home Bancorp, Inc.102.21m27.93m236.08m143.008.510.75967.292.353.053.0510.9834.19--------1.281.16--------27.8225.40------22.30-0.101713.48-9.3123.123.0564.38
MutualFirst Financial, Inc.85.33m23.75m236.63m461.0010.041.047.772.652.742.7410.2826.35--------1.150.9798--------26.6222.75------31.437.0710.7725.9116.553.3220.11
American National BankShares Inc92.86m20.91m236.74m355.0010.660.74649.722.572.032.038.7728.93--------0.96311.05--------22.6525.74------47.8235.0314.37-7.4110.4127.652.48
SmartFinancial Inc108.45m26.55m237.12m399.008.170.69259.082.391.891.897.0922.33--------1.120.7845--------26.7119.58--------17.6239.2846.6573.0193.98--
Territorial Bancorp Inc75.57m21.85m240.60m264.0010.590.9869.533.622.352.357.1325.19--------1.060.9245--------33.1428.29------54.933.094.8614.259.16-5.908.21
ACNB Corporation69.56m23.72m240.68m374.
Agribank FCB-100.00bn-100.00bn241.56m----------------------------1.88----------62.46--------5.391.873.1715.99-4.34--
South Plains Financial Inc132.94m29.22m243.21m679.008.210.79357.061.511.641.649.1016.98--------------------18.13----------12.57---0.239------
Century Bancorp, Inc.159.14m39.70m244.96m404.0012.671.12--
Sierra Bancorp110.95m35.96m246.28m446.006.920.79576.152.042.332.337.8220.24--------1.411.14--------29.7624.98------33.359.1615.0221.1718.73-19.9316.83
Bar Harbor Bankshares135.39m22.62m247.53m460.0010.940.62338.962.081.451.457.6325.48--------0.62160.8845--------19.0324.74------42.966.2320.31-31.329.1335.627.35
Atlantic Capital Bancshares Inc105.85m28.16m247.86m202.009.530.76487.862.711.202.113.9015.01--------0.96010.5636--------30.7420.19------0.0011.7023.700.38530.2330.60--
Data as of Apr 07 2020. Currency figures normalised to SmartFinancial Inc's reporting currency: US Dollar USD

Institutional shareholders

24.83%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 31 Dec 2019633.73k4.13%
The Vanguard Group, Inc.as of 31 Dec 2019622.52k4.06%
The Banc Funds Co LLCas of 31 Dec 2019582.64k3.80%
Private Capital Management LLCas of 31 Dec 2019471.48k3.07%
Dimensional Fund Advisors LPas of 31 Dec 2019320.87k2.09%
EJF Capital LLCas of 31 Dec 2019275.00k1.79%
Renaissance Technologies LLCas of 31 Dec 2019267.38k1.74%
Forest Hill Capital LLCas of 31 Dec 2019219.34k1.43%
SSgA Funds Management, Inc.as of 31 Dec 2019211.71k1.38%
Foundry Partners LLC (Minnesota)as of 31 Dec 2019203.28k1.33%
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Data from 31 Dec 2019 - 31 Dec 2019Source: FactSet Research Systems Inc.
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