SmartFinancial Inc (NASDAQ:SMBK) Director Steven B. Tucker bought 10,000 shares of the business’s stock in a transaction on Wednesday, March 7th. The stock was bought at an average price of $21.91 per share, with a total value of $219,100.00. The purchase was disclosed in a filing with the SEC, which is available at this link.
SmartFinancial Inc (SMBK) opened at $23.26 on Friday. SmartFinancial Inc has a 12 month low of $18.25 and a 12 month high of $26.26. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $259.42, a PE ratio of 24.74 and a beta of 0.23.
SmartFinancial (NASDAQ:SMBK) last issued its earnings results on Wednesday, January 31st. The bank reported $0.35 EPS for the quarter, topping the consensus estimate of $0.20 by $0.15. SmartFinancial had a return on equity of 6.44% and a net margin of 8.80%. The business had revenue of $16.92 million during the quarter, compared to the consensus estimate of $14.60 million. equities analysts expect that SmartFinancial Inc will post 1.5 earnings per share for the current year.
Separately, Zacks Investment Research downgraded SmartFinancial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 20th.
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SmartFinancial, Inc, formerly Cornerstone Bancshares, Inc, is a bank holding company. The Company operates through its SmartBank subsidiary (The Bank). The principal business of the Bank consists of attracting deposits from the public and investing those funds, together with funds generated from operations and from principal and interest payments on loans.
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