SmartFinancial (SMBK) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

SmartFinancial

NYSE•Financial Services•Banks - Regional

$51.87+0.03(<0.01%)Market closed

Market Cap

$869.13M

P/E

15.1x

P/S

2.6x

P/B

1.5x

SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in the United States. The company offers various deposits, including noninterest-bearing and interest-bearing checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. It also provides commercial and residential real estate, consumer real estate, construction and land development, commercial and industrial, and consumer and other loans, as well as leases to small and mid-size companies for equipment financing leases. In addition, the company offers wealth management, insurance, mortgage origination, and internet and mobile banking services. It operates in Tennessee, Alabama, and Florida. SmartFinancial, Inc. is based in Knoxville, Tennessee.

How this company scores

WeakMetricSide Score: 81/100

Grade capped at D — Interest coverage below 1× (0.7x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (13/25).

Profitability21/25

Growth22/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

Grade capped at D

Interest coverage below 1× (0.7x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.1x5y range 8.1x – 15.5x

Currently near its 20-quarter median.

P/S · 2.6x5y range 1.4x – 3.1x

Currently above its 20-quarter median.

P/B · 1.5x5y range 0.7x – 1.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Leverage Risk

Watch

Debt-to-equity has risen 123.8% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $869.13M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $335.14M
Q. Revenue: $85.93M
TTM EBITDA: $80.96M
TTM Op. Income: $70.97M
Q. Op. Income: $20.53M
TTM Net Income: $57.39M
Q. Net Income: $16.32M
EPS: $0.97
Shares Out.: $16.82M

$335.14M in TTM revenue grew 11.1% YoY, reaching $85.93M last quarter. TTM EBITDA of $80.96M and TTM operating income of $70.97M show growth is flowing through to the bottom line. TTM net income of $57.39M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 65.1%
EBITDA Margin: 25.4%
Op. Margin: 23.9%
Net Margin: 19.0%

Op. margin of 23.9% is up 5.7% YoY — cost efficiency is improving. Net margin at 19.0% and gross margin of 65.1% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.1x
P/S Ratio: 2.6x
P/B Ratio: 1.5x

At 15.1x P/E, the stock trades within typical market levels. P/S of 2.6x and P/B of 1.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 12% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.12B
Cash: $379.39M
Long-Term Debt: $98.81M
Book Value: $576.81M
D/E Ratio: 0.2
Debt/EBITDA: 4.5

With $6.12B in assets and $98.81M in long-term debt, D/E is 0.2and book value is $576.81M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $23.66M
TTM Free Cash Flow: $65.36M
FCF Margin: 19.5%
FCF / Net Income: 1.1

TTM FCF of $65.36M on $23.66M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 23% — an improving trend.