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SmartFinancial Inc (SMBK.OQ)

SMBK.OQ on NASDAQ Stock Exchange Capital Market

22.98USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

SmartFinancial Inc To Acquire Southern Community Bank
Tuesday, 12 Dec 2017 06:00pm EST 

Dec 12 (Reuters) - SmartFinancial Inc ::SMARTFINANCIAL, INC. TO ACQUIRE TULLAHOMA, TN-BASED SOUTHERN COMMUNITY BANK.SMARTFINANCIAL INC - UPON COMPLETION OF TRANSACTION, COMBINED COMPANY IS EXPECTED TO HAVE ASSETS OF APPROXIMATELY $2.0 BILLION.SMARTFINANCIAL INC - AGGREGATE ANNOUNCED TRANSACTION VALUE OF APPROXIMATELY $31.8 MILLION.SMARTFINANCIAL- UNDER DEAL TERMS, SHAREHOLDERS OF TENNESSEE BANCSHARES TO RECEIVE 0.8065 SHARES OF CO'S STOCK FOR EACH SHARE OF TENNESSEE BANCSHARES STOCK.SMARTFINANCIAL - TENNESSEE BANCSHARES MAY PAY A ONE-TIME SPECIAL CASH DIVIDEND OF UP TO $0.70 PER SHARE ON TENNESSEE BANCSHARES STOCK.  Full Article

SmartFinancial increases net income available to common shareholders 26 pct compared to prior year
Monday, 30 Oct 2017 05:00pm EDT 

Oct 30 (Reuters) - SmartFinancial Inc :SmartFinancial Inc increases net income available to common shareholders 26 percent compared to prior year.Q3 earnings per share $0.20.SmartFinancial Inc says ‍net interest income totaled $10.9 million in Q3 of 2017 compared to $10.2 million in Q2 of 2017​.  Full Article

Smartfinancial, Capstone Bancshares shareholders approve merger-related proposals
Tuesday, 19 Sep 2017 09:34am EDT 

Sept 19 (Reuters) - Smartfinancial Inc ::Smartfinancial Inc and Capstone Bancshares Inc shareholders approve merger-related proposals.Smartfinancial and Capstone Bancshares expect to close business combination in Q4 of this year​.  Full Article

Smartfinancial Q2 diluted earnings per share of $0.20
Tuesday, 25 Jul 2017 05:00pm EDT 

July 25 (Reuters) - Smartfinancial Inc :Smartfinancial reports second quarter diluted earnings per share of $0.20, up 33% year over year.Q2 earnings per share $0.20.Smartfinancial Inc says net interest income totaled $10.2 million in Q2 of 2017 compared to $9.8 million in Q1 of 2017.  Full Article

Smartbank to buy Tuscaloosa, Alabama-based Capstone Bank
Monday, 22 May 2017 06:00pm EDT 

May 22 (Reuters) - Smartfinancial Inc :Smartbank to acquire tuscaloosa, alabama-based capstone bank.Transaction is valued at approximately $84.8 million based on closing price of smartfinancial common stock on may 22, 2017.Smartfinancial-Each capstone shareholder will be allowed to elect to get cash consideration, all stock consideration for shareholder's capstone shares.Smartfinancial inc - capstone shareholders receiving cash consideration will receive $18.50 per share of capstone stock.Smartfinancial - capstone shareholders receiving stock consideration will receive 0.85 shares of smartfinancial stock for each share of capstone stock.Smartfinancial-Each capstone shareholder will also be allowed to elect to get 20 percent cash consideration and 80 percent stock consideration.  Full Article

SmartFinancial reports Q1 earnings per share $0.19
Tuesday, 25 Apr 2017 05:00pm EDT 

April 25 (Reuters) - SmartFinancial Inc -:SmartFinancial reports a 21% increase in first quarter net income.Q1 earnings per share $0.19.SmartFinancial Inc - annualized return on average assets was 0.64 percent in Q1 of 2017, compared to 0.54 percent a year ago.SmartFinancial Inc - net interest income to average assets of 3.81 percent for quarter increased substantially from 3.67 percent in Q1 of 2016.  Full Article

Smartfinancial Q4 EPS $0.22
Wednesday, 18 Jan 2017 08:00am EST 

Smartfinancial Inc : Smartfinancial reports fourth quarter results . Q4 earnings per share $0.22 .Net interest income totaled $9.9 million in q4 of 2016 compared to $9.7 million in q3 of 2016.  Full Article

SmartFinancial Q3 EPS $0.22
Wednesday, 26 Oct 2016 08:00am EDT 

Smartfinancial Inc : SmartFinancial reports third quarter results . Smartfinancial Inc says net interest income to average assets of 3.79 percent for quarter decreased from 3.87 percent in Q2 of 2016 . Qtrly net interest income totaled $9.7 million in Q3 of 2016 compared to $9.6 million in Q2 of 2016 .SmartFinancial Inc says qtrly earnings per share $0.22.  Full Article

Smartfinancial Q2 earnings per share $0.15
Friday, 29 Jul 2016 11:28am EDT 

Smartfinancial Inc : Smartfinancial reports second quarter results . Qtrly non GAAP operating earnings per share $0.10 . Q2 earnings per share $0.15 .Net interest income totaled $9.6 million in q2 of 2016 compared to $9.1 million in q1 of 2016.  Full Article

SmartFinancial Q2 earnings per share $0.15
Wednesday, 27 Jul 2016 03:22pm EDT 

SmartFinancial Inc : Q2 earnings per share $0.15 . Net interest margin, taxable equivalent, increased from 3.96 percent in Q1 2016 to 4.16 percent in the second quarter of 2016 .Net interest income totaled $9.6 million in Q2 of 2016 compared to $9.1 million in Q1 of 2016.  Full Article

BRIEF-SmartFinancial Inc To Acquire Southern Community Bank

* SMARTFINANCIAL, INC. TO ACQUIRE TULLAHOMA, TN-BASED SOUTHERN COMMUNITY BANK