SmartFinancial

SmartFinancial Inc. is a bank holding company for SmartBank. The principal business of the Bank consists of attracting deposits from the general public and investing those funds, together with funds generated from operations and from principal and interest payments on loans, primarily in commercial loans, commercial and residential real estate loans, consumer loans and residential and commercial construction loans. SmartBank also 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 and certificates of deposit. Its investment portfolio, consisting primarily of Federal agency bonds, mortgage-backed securities, and state and municipal securities.

Company Growth (employees)
Type
Public
HQ
Knoxville, US
Founded
1983
Size (employees)
222 (est)+114%
SmartFinancial was founded in 1983 and is headquartered in Knoxville, US

SmartFinancial Office Locations

SmartFinancial has offices in Knoxville, Chattanooga, Destin, Gatlinburg and in 4 other locations
Knoxville, US (HQ)
5401 Kingston Pike Ste 600
Sevierville, US
1011 Parkway
Pensacola, US
201 N Palafox St
Panama City, US
Southwood St
Panama City, US
2411 Jenks Ave
Ooltewah, US
8966 Old Lee Hwy
Show all (14)

SmartFinancial Financials and Metrics

SmartFinancial Financials

SmartFinancial's revenue was reported to be $46.7 m in FY, 2016
USD

Revenue (Q2, 2017)

12.8 m

Gross profit (Q2, 2017)

11.5 m

Gross profit margin (Q2, 2017), %

90%

Net income (Q2, 2017)

1.6 m

EBIT (Q2, 2017)

10 m

Market capitalization (13-Nov-2017)

184.6 m

Cash (30-Jun-2017)

82.8 m
SmartFinancial's current market capitalization is $184.6 m.
USDY, 2013Y, 2014Y, 2015FY, 2016

Revenue

20.4 m20 m30 m46.7 m

Revenue growth, %

(2%)50%56%

Cost of goods sold

3.5 m2.8 m2.8 m4.3 m

Gross profit

16.9 m17.2 m27.2 m42.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

4.5 m7.3 m11.2 m11.6 m12 m11.9 m12.8 m

Cost of goods sold

605.3 k726.7 k1 m1.1 m1.1 m1.1 m1.3 m

Gross profit

3.9 m6.6 m10.2 m10.6 m10.9 m10.7 m11.5 m

Gross profit Margin, %

87%90%91%91%91%90%90%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

24.9 m15.5 m80 m68.7 m

Accounts Receivable

977.9 k1.1 m

Total Assets

432.2 m415.7 m1 b1.1 b

Accounts Payable

82.3 k71.9 k907.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

21.3 m21.9 m19 m15.9 m25.4 m33.4 m89.9 m68.9 m71.7 m58.6 m55.5 m82.8 m

Goodwill

4.2 m

Total Assets

429.7 m429 m419.9 m413.4 m426 m435.5 m1 b1 b1 b1 b1.1 b1.1 b

Accounts Payable

340.8 m341.7 m331.4 m316.3 m333.2 m331.6 m847 m859.1 m888.7 m860.8 m889.7 m981.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.7 m1.6 m1.5 m5.8 m

Depreciation and Amortization

506.9 k413.5 k233.2 k305.5 k

Accounts Receivable

235.9 k(165 k)101.2 k111 k

Accounts Payable

(38.2 k)(10.4 k)(11.2 k)(8.4 k)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

1.3 m412.2 k821.6 k1.2 m479.5 k797.8 k327.6 k1.3 m2.5 m4.2 m1.6 m3.3 m

Depreciation and Amortization

295.8 k109.6 k246.1 k340.1 k70.7 k237.4 k1.3 m525.8 k1.1 m1.6 m549.2 k1.2 m

Accounts Receivable

(8.1 k)(292.7 k)(104.6 k)(201.9 k)17.9 k70.8 k145.3 k106.9 k280.7 k355.8 k160 k18.1 k

Accounts Payable

(20.4 k)4.4 k(2.2 k)(3.9 k)33.8 k32.1 k11.5 k10.1 k4.3 k(23.2 k)2.4 k13.1 k
USDY, 2017

Revenue/Employee

57.5 k

Financial Leverage

8.5 x
Show all financial metrics

SmartFinancial Market Value History

SmartFinancial's Web-traffic and Trends

SmartFinancial Online and Social Media Presence

SmartFinancial Company Life and Culture

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