StockData
SmartFinancial Inc. logo

SmartFinancial Inc. (SMBK) stock analysis

SMBKNYSENational Commercial BanksFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 8/3011% above fair value
$47.88−0.12 (-0.25%)

Close on Nov 12, 2026Market cap $818.68MP/E 13.0Yield 0.67%

StockData Score

Prices as of Nov 12, 2026How the score works

Value1Growth1Performance0Health3Dividend3

Weak8 of 30 checks passed

SmartFinancial passes 8 of the 30 checks behind our score; 11 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
1/6
Growth
1/6
Past performance
0/6
Financial health
3/6
Dividend
3/6

What stands out

  • P/E below its 5-year median

    SmartFinancial's P/E of 13.0 is below its own 5-year median of 13.1.

  • Covered by free cash flow

    Dividends take 16.3% of free cash flow.

  • Dividend not cut

    The dividend per share has not fallen by more than 10% in any of the last 7 fiscal years.

  • Well capitalized

    Equity is 9.2% of total assets; 8% or more is a comfortable cushion.

What to watch

  • Margin of safety under 20%

    The price is 11.2% above fair value, so there is no margin of safety.

  • Trading above fair value

    The share price of $47.88 is above our fair value estimate of $43.04.

  • Revenue growing under 10% a year

    Revenue grew 6.7% a year over the last three fiscal years, short of the 10% we look for.

  • EPS growing under 10% a year

    Diluted EPS grew 5.3% a year over the last three fiscal years.

Valuation1/6

  • P/E below its 5-year median

    SmartFinancial's P/E of 13.0 is below its own 5-year median of 13.1.

  • P/E above the industry

    SmartFinancial's P/E of 13.0 is above the Commercial Banks median of 12.0.

  • P/S above the industry

    SmartFinancial's price-to-sales of 3.71 is above the Commercial Banks median of 3.61.

  • P/B above the industry

    SmartFinancial's price-to-book of 1.41 is above the Commercial Banks median of 1.28.

  • Trading above fair value

    The share price of $47.88 is above our fair value estimate of $43.04.

  • Margin of safety under 20%

    The price is 11.2% above fair value, so there is no margin of safety.

Growth1/6

  • Revenue growing under 10% a year

    Revenue grew 6.7% a year over the last three fiscal years, short of the 10% we look for.

  • EPS growing under 10% a year

    Diluted EPS grew 5.3% a year over the last three fiscal years.

  • Earnings acceleration

    Needs positive net income now, a year ago and five years ago.

  • Growing faster than the industry

    Revenue grew 13.7% over the last twelve months; the Commercial Banks median is 11.3%.

  • Company guidance

    No outlook found in earnings releases from the last twelve months.

  • Gross margin trend

    Banks and insurers do not report gross profit.

Past performance0/6

  • Return on equity

    Needs positive equity and five years of results.

  • Return on assets

    Needs net income and total assets.

  • Return on equity against the industry

    Needs positive equity.

  • Earnings over 5 years

    Needs positive net income five years ago and in the latest year.

  • Net margin against its history

    Needs five years of revenue and net income.

  • Net margin against the industry

    Needs revenue and net income.

Financial health3/6

  • Well capitalized

    Equity is 9.2% of total assets; 8% or more is a comfortable cushion.

  • Loans funded by deposits

    Loans equal 86.3% of deposits, so lending is funded by customer deposits.

  • Thin loan-loss reserve

    The allowance for credit losses is 0.9% of loans; we look for at least 1%.

  • High cost base

    Non-interest expense takes 61.5% of revenue; under 60% is efficient for a bank.

  • Deposits growing

    Deposits grew 10.4% over the past year.

  • Borrowings

    Needs debt and equity figures.

Dividend3/6

  • Pays a dividend

    SmartFinancial paid dividends worth 0.7% of the share price over the last twelve months.

  • Yield below Treasuries

    The 0.7% yield is below the 4.6% on a 1-year Treasury.

  • Yield below the top quarter

    The top quarter of US dividend payers yield 3.9% or more; SmartFinancial yields 0.7%.

  • Dividend not cut

    The dividend per share has not fallen by more than 10% in any of the last 7 fiscal years.

  • Earnings cover

    Needs dividends paid and net income.

  • Covered by free cash flow

    Dividends take 16.3% of free cash flow.

Scores of similar companies

Fair value

How we estimate it

Our estimate per share

$43.04

The share price is 11% above this estimate.

20%+ below
Near fair value
20%+ above
$47.88Price
MethodMultiple usedOwn 5Y medianIndustry medianValue per shareWeight
P/E12.6×13.1×12.0×$46.3250%
P/B1.2×1.1×1.3×$39.7750%
Fair value$43.04100%

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

  • P/E at month end
  • Own 5-year median 13.1
  • Commercial Banks median 12.0

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Medium risk

Average value traded per day
$5.39M
Value traded per 1% price move
$5.70M

Downside

Low risk

Typical loss in a bad month
9.4%
Volatility (annualized)
24%
Sharpe ratio, 1 year
1.18
Beta to the S&P 500 (5Y)
0.70

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2011 to 2025

Net margin

–

See a number that looks wrong?