SmartFinancial, Inc.

SMBK

SMBKSmartFinancial, Inc. US flag

New York Stock Exchange

41.64

USD

+0.79

- -

711.98MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	15	16	17	19	26	41	50	81	91	116	137	165	152	172	197
+ Sales & Services Revenue	15	16	17	19	26	41	50	81	91	116	137	165	152	172	197
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	7	7	7	11	14	21	24	34	40	45	54	67	70	77	84
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-7	-7	-7	-11	-14	-21	-24	-34	-40	-45	-54	-67	-70	-77	-84
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-1	-2	-3	-3	-3	-9	-11	-21	-33	-31	-44	-55	-36	-45	-62
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-1	-2	-3	-3	-3	-9	-11	-21	-33	-31	-44	-55	-36	-45	-62
Pretax Income	1	2	3	3	3	9	11	21	33	31	44	55	36	45	62
- Income Tax Expense (Benefit)	- -	1	1	1	2	3	6	3	7	7	10	12	8	9	11
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1	1	2	2	2	6	5	18	27	24	35	43	29	36	50
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	1	1	2	2	2	6	5	18	27	24	35	43	29	36	50
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	1	1	2	2	2	6	5	18	27	24	35	43	29	36	50
- Preferred Dividends	1	1	2	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	- -	- -	2	1	5	5	18	27	24	35	43	29	36	50
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	1	1	2	1	2	-2	3	4	8	9	13	13	11	10
EBITDA Margin (%)	3.33	3.39	3	8.69	4.1	5.3	-3.39	4.05	4.75	6.67	6.55	7.65	8.86	6.66	4.96
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	6.73	8.99	9.96	9.51	5.7	14.04	10.04	22.3	29.3	20.92	25.33	26.04	18.76	21.07	25.62
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.19	0.61	0.88	0.07	0.02	0.13	0.02	- -	0.05	0.2	0.24	0.28	0.32	0.32	0.32
Depreciation Expense	1	1	1	2	1	2	-2	3	4	8	9	13	13	11	10
Basic Weighted Avg Shares	2	2	2	2	6	6	9	12	14	15	16	17	17	17	17
Basic EPS, GAAP	0.23	0.11	0.11	1.04	0.24	0.81	0.56	1.46	1.9	1.63	2.23	2.57	1.7	2.16	3
Basic EPS from Cont Ops	0.63	0.86	1.03	1.11	0.26	0.98	0.58	1.46	1.9	1.63	2.23	2.57	1.7	2.16	3
Diluted Weighted Avg Shares	2	2	2	2	6	6	9	13	14	15	16	17	17	17	17
Diluted EPS, GAAP	0.23	0.11	0.11	1	0.24	0.81	0.55	1.45	1.89	1.62	2.22	2.55	1.69	2.14	2.98
Diluted EPS from Cont Ops	0.63	0.86	1.01	1.07	0.26	0.98	0.57	1.45	1.89	1.62	2.22	2.55	1.69	2.14	2.98

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	125	135	117	138	240	198	258	318	339	631	1,490	735	703	856	888
+ Cash & Cash Equivalents	39	59	25	39	74	69	106	116	161	415	1,008	251	295	374	452
+ ST Investments	86	76	92	99	166	129	152	202	178	216	482	484	408	482	436
+ Accounts & Notes Receiv	1	1	1	1	- -	- -	- -	- -	- -	- -	53	66	68	64	53
+ Accounts Receivable, Net	1	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	53	66	68	64	53
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-126	-137	-118	-139	-240	-198	-258	-318	-339	-631	-1,543	-801	-771	-920	-941
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	6	5	5	16	25	31	43	56	59	73	86	93	93	91	88
+ Property, Plant & Equip	10	10	10	20	30	37	51	67	73	89	107	117	120	122	124
- Accumulated Depreciation	4	5	5	4	5	6	8	11	13	17	21	25	27	31	36
+ LT Investments & Receivables	86	76	92	99	166	129	152	213	178	216	559	770	690	609	662
+ LT Investments	86	76	92	99	166	129	152	213	178	216	559	770	690	609	662
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-92	-82	-97	-115	-191	-160	-195	-269	-238	-288	-645	-862	-783	-700	-750
+ Total Intangible Assets	- -	- -	- -	- -	7	7	51	79	77	86	106	110	107	105	95
+ Goodwill	- -	- -	- -	- -	4	4	43	66	66	74	92	96	96	96	90
+ Other Intangible Assets	- -	- -	- -	- -	3	2	8	13	12	12	14	14	11	9	5
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-92	-82	-97	-115	-198	-167	-246	-348	-315	-375	-751	-972	-890	-805	-846
Total Assets	423	443	432	534	1,024	1,062	1,721	2,274	2,449	3,305	4,612	4,637	4,829	5,276	5,861
+ Payables & Accruals	- -	- -	- -	1	3	5	9	7	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	1	3	5	9	7	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	16	18	- -	- -	- -	- -	- -	7	12	8	4	- -
+ ST Borrowings	- -	- -	- -	16	18	- -	- -	- -	- -	- -	7	12	8	4	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	-17	-21	-5	-9	-7	- -	- -	-7	-12	-8	-4	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	-17	-21	-5	-9	-7	- -	- -	-7	-12	-8	-4	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	43	37	27	12	34	19	44	50	65	115	130	67	42	40	99
+ LT Borrowings	43	37	27	12	34	19	44	50	65	115	130	67	42	40	99
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-43	-37	-27	-12	-34	-19	-44	-50	-65	-115	-130	-67	-42	-40	-99
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-43	-37	-27	-12	-34	-19	-44	-50	-65	-115	-130	-67	-42	-40	-99
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	387	403	392	478	924	957	1,515	1,991	2,136	2,948	4,182	4,205	4,370	4,784	5,308
+ Preferred Equity and Hybrid Capital	10	15	15	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	28	28	28	45	88	89	185	246	247	268	310	311	313	311	313
+ Common Stock	7	7	7	3	6	6	11	14	14	15	17	17	17	17	17
+ Additional Paid in Capital	21	21	22	43	83	83	174	232	233	253	293	294	296	294	296
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-4	-3	-3	11	12	17	22	40	66	87	118	157	173	204	249
+ Other Equity	1	1	- -	- -	- -	-1	-1	-3	- -	2	1	-35	-26	-24	-9
Equity Before Minority Interest	35	41	40	56	100	105	206	283	313	357	429	432	460	491	552
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	35	41	40	56	100	105	206	283	313	357	429	432	460	491	552
Total Liabilities & Equity	423	443	432	534	1,024	1,062	1,721	2,274	2,449	3,305	4,612	4,637	4,829	5,276	5,861
Shares Outstanding	2	2	2	2	6	6	11	14	14	15	17	17	17	17	17
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	4	-22	2	-11	-22	-50	-62	-65	-96	-301	-871	-172	-245	-330	-353
Net Debt to Equity	11.82	-54.34	4.7	-19.73	-21.54	-47.74	-30.34	-23.11	-30.64	-84.15	-202.82	-39.77	-53.21	-67.11	-63.88
Tangible Common Equity Ratio	5.99	5.88	5.84	10.42	9.17	9.34	9.28	9.29	9.93	8.41	7.18	7.13	7.47	7.48	7.93
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	1	1	2	2	2	6	5	18	27	24	35	43	29	36	50
+ Depreciation & Amortization	1	1	1	2	1	2	-2	3	4	8	9	13	13	11	10
+ Non-Cash Items	2	1	1	1	1	- -	1	1	-6	-3	3	4	8	2	1
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	1	1	1	2	2
+ Deferred Income Taxes	- -	- -	- -	1	- -	- -	2	2	1	-1	1	-1	1	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	2	1	1	- -	1	-1	-1	-2	-8	-2	2	3	5	- -	- -
+ Chg in Non-Cash Work Cap	-1	2	1	-3	-1	4	-3	-2	5	- -	-1	-3	-10	3	- -
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	1	-4	-3	-1	-1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	-1	- -	3	- -	3
+ Inc (Dec) in Other	-1	2	1	-3	-1	4	-3	-2	5	2	-1	2	-10	4	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	2	5	4	2	2	12	1	21	30	29	46	57	40	53	62
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	3	2	3	4	- -	- -	- -	- -	- -	- -	- -	1	1	5	- -
+ Disp of Fixed Prod Assets	3	2	3	4	- -	- -	- -	- -	- -	- -	- -	1	1	5	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	-3	-1	-7	-3	-4	-6	-5	-2	-12	-6	-6	-2
+ Acq of Fixed Prod Assets	- -	- -	- -	-3	-1	-7	-3	-4	-6	-5	-2	-12	-6	-6	-2
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	4	1	38	2	- -	-4	-1	- -	- -	-3	- -
+ Increase in Capital Stock	- -	- -	- -	- -	4	1	38	2	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	-4	-1	- -	- -	-3	- -
+ Net Change in LT Investment	25	10	-17	-4	4	34	29	21	29	-6	-286	-267	84	85	-40
+ Dec in LT Investment	44	44	35	23	27	57	83	93	46	88	150	81	214	216	176
+ Inc in LT Investment	-19	-34	-52	-28	-23	-23	-54	-72	-18	-94	-436	-348	-131	-131	-215
+ Net Cash From Acq & Div	- -	- -	- -	- -	34	- -	- -	4	- -	46	15	- -	- -	- -	11
+ Cash from Divestitures	- -	- -	- -	- -	34	- -	- -	4	- -	46	15	- -	- -	- -	11
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	7	-16	-13	-53	-44	-82	-77	-117	-117	-294	8	-563	-213	-504	-468
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	35	-3	-27	-57	-8	-54	-51	-95	-95	-259	-265	-841	-135	-420	-499
+ Dividends Paid	- -	-1	-1	- -	- -	-1	- -	- -	-1	-3	-4	-5	-5	-5	-5
+ Net Cash From Debt	-12	-6	-10	5	-20	-16	20	-7	14	50	7	-45	-4	-6	55
+ Cash From Debt	- -	- -	- -	12	- -	52	139	215	154	340	8	31	26	160	101
+ Repayments of Debt	-12	-6	-10	-7	-20	-67	-119	-222	-139	-290	-1	-76	-31	-167	-46
+ Other Financing Activities	-9	26	- -	17	55	47	36	82	119	485	780	55	191	418	465
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-21	19	-12	22	39	32	94	77	133	528	782	5	181	403	514
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	16	21	-35	-33	33	-11	44	3	68	298	563	-779	86	35	77
EBITDA	1	1	1	2	1	2	-2	3	4	8	9	13	13	11	10
EBITDA Margin (%)	3.33	3.39	3	8.69	4.1	5.3	-3.39	4.05	4.75	6.67	6.55	7.65	8.86	6.66	4.96
Free Cash Flow	2	4	4	-1	1	5	-2	17	24	24	44	44	33	46	59
Net Cash Paid for Acquisitions	- -	- -	- -	- -	-34	- -	- -	-4	- -	-46	-15	- -	- -	- -	-11
Free Cash Flow to Firm	2	4	4	-1	1	5	-2	17	24	24	44	44	33	46	59
Free Cash Flow to Equity	- -	5	-4	-7	-19	-12	18	10	38	74	51	- -	30	44	114
Free Cash Flow per Basic Share	1.44	2.76	2.69	-0.7	0.22	0.78	-0.18	1.37	1.69	1.58	2.81	2.65	1.99	2.76	3.54
Price/Free Cash Flow	3.77	3.11	3.56	4.98	27.29	5.89	47.01	9.27	9.19	7.9	8.85	6.7	9.01	8.85	9.75
Cash Flow to Net Income	2.39	3.31	2.63	0.92	1.55	2	0.25	1.15	1.12	1.19	1.33	1.32	1.39	1.46	1.23
Capital Expenditures	- -	- -	- -	-3	-1	-7	-3	-4	-6	-5	-2	-12	-6	-6	-2