SmartFinancial, Inc. (NYSE: SMBK) operates as the bank holding company for SmartBank, a Tennessee-chartered commercial bank. The company's primary business consists of attracting deposits from the general public and investing those funds in various loan products. Its loan portfolio is diversified across several segments, including commercial real estate (both owner-occupied and non-owner-occupied), consumer real estate, construction and land development, commercial and industrial loans, and equipment financing leases. SmartFinancial generates the majority of its revenue from net interest income derived from these earning assets. Geographically, the company has a strong footprint in the Southeastern United States, operating over 40 branches across Tennessee, Alabama, and Florida, including high-growth metropolitan markets and popular tourist destinations. The bank also offers wealth management, treasury management, and mortgage-related services. SmartFinancial has expanded its market presence through a combination of organic growth and strategic acquisitions of community banks in the Southeast.
