SmartFinancial Future Growth

Future criteria checks 3/6

SmartFinancial is forecast to grow earnings and revenue by 15.9% and 11.5% per annum respectively. EPS is expected to grow by 15.4% per annum. Return on equity is forecast to be 9.6% in 3 years.

Key information

15.9%

Earnings growth rate

15.4%

EPS growth rate

Banks earnings growth	10.4%
Revenue growth rate	11.5%
Future return on equity	9.6%
Analyst coverage	Good
Last updated	18 Nov 2024

Recent future growth updates

Recent updates

SmartFinancial Non-GAAP EPS of $0.61 misses by $0.02, revenue of $40.29M misses by $0.63M

Jul 25

SmartFinancial (NASDAQ:SMBK) Is Paying Out A Larger Dividend Than Last Year

Feb 03

SmartFinancial (NASDAQ:SMBK) Has Re-Affirmed Its Dividend Of US$0.06

Nov 04

SmartFinancial (NASDAQ:SMBK) Has Announced A Dividend Of US$0.06

Jul 29

Shareholders Will Probably Hold Off On Increasing SmartFinancial, Inc.'s (NASDAQ:SMBK) CEO Compensation For The Time Being

May 20

Earnings and Revenue Growth Forecasts

NYSE:SMBK - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	207	47	N/A	N/A	5
12/31/2025	189	40	N/A	N/A	5
12/31/2024	168	35	N/A	N/A	5
9/30/2024	159	33	40	48	N/A
6/30/2024	149	26	35	42	N/A
3/31/2024	148	26	28	35	N/A
12/31/2023	149	29	33	40	N/A
9/30/2023	156	35	37	43	N/A
6/30/2023	167	45	42	50	N/A
3/31/2023	167	46	44	57	N/A
12/31/2022	161	43	44	57	N/A
9/30/2022	153	37	30	42	N/A
6/30/2022	147	35	35	43	N/A
3/31/2022	140	33	39	41	N/A
12/31/2021	136	35	44	46	N/A
9/30/2021	131	37	51	52	N/A
6/30/2021	123	34	55	59	N/A
3/31/2021	117	31	32	36	N/A
12/31/2020	108	24	24	29	N/A
9/30/2020	99	22	20	26	N/A
6/30/2020	94	22	6	13	N/A
3/31/2020	90	25	24	31	N/A
12/31/2019	89	27	24	30	N/A
9/30/2019	89	26	21	28	N/A
6/30/2019	86	25	30	35	N/A
3/31/2019	85	19	23	26	N/A
12/31/2018	80	18	17	21	N/A
9/30/2018	75	12	11	14	N/A
6/30/2018	67	9	N/A	0	N/A
3/31/2018	57	7	N/A	1	N/A
12/31/2017	51	5	N/A	1	N/A
9/30/2017	45	6	N/A	5	N/A
6/30/2017	43	6	N/A	8	N/A
3/31/2017	42	5	N/A	10	N/A
12/31/2016	42	5	N/A	12	N/A
9/30/2016	41	5	N/A	12	N/A
6/30/2016	37	3	N/A	11	N/A
3/31/2016	31	2	N/A	6	N/A
12/31/2015	26	1	N/A	2	N/A
9/30/2015	21	1	N/A	4	N/A
6/30/2015	20	1	N/A	-1	N/A
3/31/2015	20	2	N/A	1	N/A
12/31/2014	19	2	N/A	2	N/A
12/31/2013	19	3	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SMBK's forecast earnings growth (15.9% per year) is above the savings rate (2.6%).

Earnings vs Market: SMBK's earnings (15.9% per year) are forecast to grow faster than the US market (15.3% per year).

High Growth Earnings: SMBK's earnings are forecast to grow, but not significantly.

Revenue vs Market: SMBK's revenue (11.5% per year) is forecast to grow faster than the US market (8.9% per year).

High Growth Revenue: SMBK's revenue (11.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SMBK's Return on Equity is forecast to be low in 3 years time (9.6%).

SmartFinancial Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 8.1% to US$35.54

Price target increased by 8.2% to US$32.88

Price target increased by 15% to US$29.40

Price target increased by 9.2% to US$25.36

Consensus EPS estimates fall by 18%

Price target decreased by 8.6% to US$23.50

Recent updates

Price target increased by 8.1% to US$35.54

Independent Director notifies of intention to sell stock

Independent Director recently sold US$223k worth of stock

SmartFinancial's (NYSE:SMBK) Dividend Will Be $0.08

Third quarter dividend of US$0.08 announced

SmartFinancial, Inc. Approves Regular Quarterly Cash Dividend, Payable on November 27, 2024

Price target increased by 8.2% to US$32.88

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

SmartFinancial, Inc. to Report Q3, 2024 Results on Oct 21, 2024

Second quarter dividend of US$0.08 announced

SmartFinancial, Inc. Approves Regular Quarterly Cash Dividend, Payable on August 26, 2024

Price target increased by 15% to US$29.40

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 16%

SmartFinancial, Inc. to Report Q2, 2024 Results on Jul 22, 2024

Independent Director recently sold US$170k worth of stock

SmartFinancial's (NYSE:SMBK) Dividend Will Be $0.08

First quarter dividend of US$0.08 announced

SmartFinancial, Inc. Declares Quarterly Cash Dividend, Payable on May 28, 2024

New minor risk - Profit margin trend

First quarter 2024 earnings: EPS exceeds analyst expectations

SmartFinancial, Inc., Annual General Meeting, May 23, 2024

SmartFinancial, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Full year 2023 earnings: EPS misses analyst expectations

New minor risk - Dividend sustainability

Insufficient new directors

Fourth quarter dividend of US$0.08 announced

Full year 2023 earnings: EPS misses analyst expectations

SmartFinancial, Inc. Declares Quarterly Cash Dividend, Payable on February 20, 2024

Price target increased by 9.2% to US$25.36

SmartFinancial, Inc. to Report Q4, 2023 Results on Jan 22, 2024

New minor risk - Insider selling

SmartFinancial (NASDAQ:SMBK) Has Announced A Dividend Of $0.08

Upcoming dividend of US$0.08 per share at 1.5% yield

Consensus EPS estimates fall by 18%

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.6% to US$23.50

SmartFinancial, Inc. to Report Q3, 2023 Results on Oct 23, 2023

SmartFinancial, Inc. and SmartBank Announces Resignation of Gregory L. Davis, Executive Vice President and Chief Lending Officer, Effective September 29, 2023

Upcoming dividend of US$0.08 per share at 1.3% yield

SmartFinancial (NASDAQ:SMBK) Has Announced A Dividend Of $0.08

Price target increased by 9.4% to US$26.43

SSmartFinancial, Inc. Approves Quarterly Cash Dividend, Payable on August 28, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

SmartFinancial, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

Here's Why We Think SmartFinancial (NASDAQ:SMBK) Is Well Worth Watching

SmartFinancial, Inc. to Report Q2, 2023 Results on Jul 24, 2023

Independent Director recently bought US$100k worth of stock

Upcoming dividend of US$0.08 per share at 1.6% yield

SmartFinancial (NASDAQ:SMBK) Is Due To Pay A Dividend Of $0.08

Price target decreased by 9.2% to US$24.67

Price target decreased by 7.4% to US$27.17

Full year 2022 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorates as stock falls 19%

Upcoming dividend of US$0.08 per share at 1.0% yield

Consensus EPS estimates fall by 12%

SmartFinancial, Inc. Declares Quarterly Cash Dividend, Payable on February 27, 2023

Price target decreased by 8.7% to US$29.83

Full year 2022 earnings: EPS exceeds analyst expectations

SmartFinancial, Inc. to Report Q4, 2022 Results on Jan 23, 2023

SmartFinancial Approves Regular Quarterly Cash Dividend, Payable on November 29, 2022

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

SmartFinancial, Inc. Reports Net Charge-Offs for the Three Months Ended September 30, 2022

SmartFinancial, Inc. to Report Q3, 2022 Results on Oct 24, 2022

Independent Director recently sold US$191k worth of stock

Upcoming dividend of US$0.07 per share

SmartFinancial, Inc. Declares Regular Quarterly Cash Dividend, Payable on August 29, 2022

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

SmartFinancial, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2022