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.

Type
Public
HQ
Knoxville, US
Founded
1983
Size (employees)
222 (est)
SmartFinancial was founded in 1983 and is headquartered in Knoxville, US
Report incorrect company information

SmartFinancial Office Locations

SmartFinancial has offices in Knoxville, Chattanooga, Destin, Gatlinburg and in 4 other locations
Knoxville, US (HQ)
5401 Kingston Pike Ste 600
Chattanooga, US
835 Georgia Ave
Chattanooga, US
2280 Gunbarrel Rd
Chattanooga, US
4154 Ringgold Rd
Chattanooga, US
5319 TN-153
Destin, US
4405 Commons Dr E
Show all (14)
Report incorrect company information

SmartFinancial Financials and Metrics

SmartFinancial Financials

SmartFinancial's revenue was reported to be $46.75 m in FY, 2016 which is a 55.8% increase from the previous period.
USD

Net income (FY, 2017)

5 m

EBIT (FY, 2017)

45.5 m

Market capitalization (19-Mar-2018)

16.6 m

Cash (31-Dec-2017)

113 m
SmartFinancial's current market capitalization is $16.6 m.
Annual
USDY, 2013Y, 2014Y, 2015FY, 2016FY, 2017

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 m5.7 m

Gross profit

16.9 m17.2 m27.2 m42.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 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 m1.4 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%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

24.9 m15.5 m80 m68.7 m113 m

Accounts Receivable

977.9 k1.1 m

Inventories

Total Assets

432.2 m415.7 m1 b1.1 b1.7 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 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 m84.1 m

Accounts Receivable

(39 k)

Goodwill

4.2 m

Total Assets

429.7 m429 m419.9 m413.4 m426 m435.5 m1 b1 b1 b1 b1.1 b1.1 b1.1 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.7 m1.6 m1.5 m5.8 m5 m

Depreciation and Amortization

506.9 k413.5 k233.2 k305.5 k2.5 m

Inventories

Accounts Payable

(38.2 k)(10.4 k)(11.2 k)(8.4 k)31.5 k
Quarterly
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 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

Cash From Operating Activities

2.8 m845.1 k2.4 m3.1 m1.2 m2.3 m2.2 m3.9 m9 m12.2 m2.6 m5.6 m
USDY, 2017

Financial Leverage

8.4 x
Show all financial metrics
Report incorrect company information