SmartFinancial, Inc.

NYSE:SMBK Stock Report

Market Cap: US$623.2m

SmartFinancial Management

Management criteria checks 4/4

SmartFinancial's CEO is Billy Carroll, appointed in Aug 2015, has a tenure of 9.5 years. total yearly compensation is $1.09M, comprised of 52.3% salary and 47.7% bonuses, including company stock and options. directly owns 1% of the company’s shares, worth $6.21M. The average tenure of the management team and the board of directors is 5 years and 15.1 years respectively.

Key information

Billy Carroll

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage52.3%
CEO tenure9.5yrs
CEO ownership1.0%
Management average tenure5yrs
Board average tenure15.1yrs

Recent management updates

Recent updates

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

Jan 25
SmartFinancial (NYSE:SMBK) Has Announced A Dividend Of $0.08

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

Nov 01
SmartFinancial's (NYSE:SMBK) Dividend Will Be $0.08

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

Apr 29
SmartFinancial's (NYSE:SMBK) Dividend Will Be $0.08

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

Nov 03
SmartFinancial (NASDAQ:SMBK) Has Announced A Dividend Of $0.08

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

Aug 01
SmartFinancial (NASDAQ:SMBK) Has Announced A Dividend Of $0.08

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

Jul 20
Here's Why We Think SmartFinancial (NASDAQ:SMBK) Is Well Worth Watching

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

May 02
SmartFinancial (NASDAQ:SMBK) Is Due To Pay A Dividend Of $0.08

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) Is Paying Out A Larger Dividend Than Last Year

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

Nov 04
SmartFinancial (NASDAQ:SMBK) Has Re-Affirmed Its Dividend Of US$0.06

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

Jul 29
SmartFinancial (NASDAQ:SMBK) Has Announced A Dividend Of US$0.06

CEO Compensation Analysis

How has Billy Carroll's remuneration changed compared to SmartFinancial's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

US$36m

Sep 30 2024n/an/a

US$33m

Jun 30 2024n/an/a

US$26m

Mar 31 2024n/an/a

US$26m

Dec 31 2023US$1mUS$569k

US$29m

Sep 30 2023n/an/a

US$35m

Jun 30 2023n/an/a

US$45m

Mar 31 2023n/an/a

US$46m

Dec 31 2022US$1mUS$520k

US$43m

Sep 30 2022n/an/a

US$37m

Jun 30 2022n/an/a

US$35m

Mar 31 2022n/an/a

US$33m

Dec 31 2021US$1mUS$495k

US$35m

Sep 30 2021n/an/a

US$37m

Jun 30 2021n/an/a

US$34m

Mar 31 2021n/an/a

US$31m

Dec 31 2020US$809kUS$476k

US$24m

Sep 30 2020n/an/a

US$22m

Jun 30 2020n/an/a

US$22m

Mar 31 2020n/an/a

US$25m

Dec 31 2019US$784kUS$457k

US$27m

Sep 30 2019n/an/a

US$26m

Jun 30 2019n/an/a

US$25m

Mar 31 2019n/an/a

US$19m

Dec 31 2018US$612kUS$380k

US$18m

Compensation vs Market: Billy's total compensation ($USD1.09M) is below average for companies of similar size in the US market ($USD3.22M).

Compensation vs Earnings: Billy's compensation has been consistent with company performance over the past year.

CEO

Billy Carroll (55 yo)

9.5yrs

Tenure

US$1,086,938

Compensation

Mr. William Young Carroll, Jr. also known as Billy, serves as Director at Federal Reserve Bank of Atlanta since January 2024. He is the President and Chief Executive Officer of SmartBank. He serves as Pres...

Leadership Team

NamePositionTenureCompensationOwnership
William Carroll
President9.5yrsUS$1.09m1.0%
$ 6.2m
Ronald Gorczynski
Executive VP & CFO5.8yrsUS$525.88k0.13%
$ 795.2k
Cynthia Cain
Executive VP & Chief Accounting Officerno dataUS$369.42k0.062%
$ 386.6k
Rhett Jordan
Executive VP & Chief Credit Officer of SmartBank12.1yrsUS$504.79k0.061%
$ 381.2k
Nathan Strall
Head of Investor Relationsno datano datano data
Kelley Fowler
Senior VP and Director of Marketing & Public Relations - SmartBankno datano datano data
Rebecca Boyd
Executive VP & Chief People Officer4.3yrsno data0.064%
$ 396.4k
Travis Lytle
Senior VP and Director of Community Development & Community Reinvestment Act Officerno datano datano data
Monty Hatcher
Executive Vice Presidentno datano datano data
Robbie Washington
Senior VP1.9yrsno datano data
Martin Schrodt
Executive VP & Chief Banking Officerno datano data0.031%
$ 191.7k
Brian Groeschell
President of North-Southwest Alabama Divisionless than a yearno datano data

5.0yrs

Average Tenure

53.5yo

Average Age

Experienced Management: SMBK's management team is seasoned and experienced (5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
William Carroll
President15.1yrsUS$1.09m1.0%
$ 6.2m
Wesley Welborn
Chairman of the Board19.4yrsUS$584.50k0.85%
$ 5.3m
Geoffrey Wolpert
Independent Director15.1yrsUS$86.00k1.25%
$ 7.8m
William Carroll
Vice Chairman of the Board15.1yrsUS$281.86k0.18%
$ 1.1m
Cathy Ackermann
Independent Director3yrsUS$80.00k0.095%
$ 590.0k
Victor Barrett
Independent Director15.1yrsUS$99.00k0.93%
$ 5.8m
Ted Miller
Independent Director15.1yrsUS$84.00k0.84%
$ 5.3m
David Ogle
Lead Independent Director15.1yrsUS$105.00k1.39%
$ 8.7m
Keith Whaley
Independent Director15.1yrsUS$76.00k0.51%
$ 3.2m
Steven Tucker
Independent Director7.3yrsUS$83.00k0.36%
$ 2.2m

15.1yrs

Average Tenure

69.5yo

Average Age

Experienced Board: SMBK's board of directors are seasoned and experienced ( 15.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 17:29
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SmartFinancial, Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett RabatinHovde Group, LLC
Christopher MarinacJanney Montgomery Scott LLC
Catherine Summerson MealorKeefe, Bruyette, & Woods