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SmartFinancial Inc (SMBK.OQ)

SMBK.OQ on NASDAQ Stock Exchange Capital Market

18.00USD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

SmartFinancial Announces $10 Million Stock Repurchase Plan
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - SmartFinancial Inc ::SMARTFINANCIAL, INC. ANNOUNCES $10 MILLION STOCK REPURCHASE PLAN.SMARTFINANCIAL INC - THROUGH PLAN, PURCHASES WILL BE FUNDED FROM AVAILABLE WORKING CAPITAL.  Full Article

SmartFinancial's Board Authorized Stock Repurchase Plan As Per Which Co May Purchase Up To $10 Mln In Shares Of Its Common Stock-SEC Filing
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - SmartFinancial Inc ::SMARTFINANCIAL SAYS BOARD AUTHORIZED STOCK REPURCHASE PLAN AS PER WHICH CO MAY PURCHASE UP TO $10 MILLION IN SHARES OF ITS COMMON STOCK - SEC FILING.  Full Article

Smartfinancial Q3 Earnings Per Share $0.52
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - SmartFinancial Inc ::SMARTFINANCIAL ANNOUNCES RECORD EARNINGS WITH THIRD QUARTER 2018 NET INCOME OF $4.3 MILLION.Q3 EARNINGS PER SHARE $0.34.Q3 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.NET INTEREST INCOME TOTALED $18.9 MILLION IN Q3 OF 2018, COMPARED TO $19.5 MILLION IN Q2 OF 2018.  Full Article

SmartFinancial Says On Sept 28, Entered Into Subordinated Note Purchase Agreements With Certain Institutional Accredited Investors
Monday, 1 Oct 2018 

Oct 1 (Reuters) - SmartFinancial Inc ::SMARTFINANCIAL INC - ON SEPT 28, ENTERED INTO SUBORDINATED NOTE PURCHASE AGREEMENTS WITH CERTAIN INSTITUTIONAL ACCREDITED INVESTORS - SEC FILING.SMARTFINANCIAL INC - COMPANY SOLD AND ISSUED $40 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 5.625% FIXED-TO-FLOATING RATE SUBORDINATED NOTES DUE OCT 2, 2028.SMARTFINANCIAL INC - NOTES WERE ISSUED BY COMPANY TO PURCHASERS AT A PRICE EQUAL TO 100% OF THEIR FACE AMOUNT.SMARTFINANCIAL - TO USE NET PROCEEDS OF PRIVATE PLACEMENT TO REPAY OUTSTANDING BALANCE ON CO'S EXISTING REVOLVING LINE OF CREDIT WITH CAPSTAR BANK.  Full Article

Smartfinancial Inc To Acquire Foothills Bancorp Inc
Wednesday, 27 Jun 2018 

June 27 (Reuters) - SmartFinancial Inc ::SMARTFINANCIAL, INC. TO ACQUIRE FOOTHILLS BANCORP, INC..SMARTFINANCIAL INC - EACH SHARE OF FOOTHILLS BANCORP WILL BE CONVERTED INTO RIGHT TO RECEIVE $1.75 IN CASH AND 0.666 SHARE OF SMARTFINANCIAL STOCK.SMARTFINANCIAL INC - AGGREGATE TRANSACTION VALUE OF APPROXIMATELY $36.2 MILLION.SMARTFINANCIAL INC - OFFER FROM CO EQUATES TO $18.69 PER SHARE FOR EACH SHARE OF FOOTHILLS BANCORP.SMARTFINANCIAL INC - SMARTFINANCIAL WILL ACQUIRE FOOTHILLS BANCORP AND FOOTHILLS BANK & TRUST.  Full Article

Smartfinancial Inc Q1 Earnings Per Share $0.30
Tuesday, 24 Apr 2018 

April 24 (Reuters) - SmartFinancial Inc ::Q1 EARNINGS PER SHARE $0.30.Q1 OPERATING EARNINGS PER SHARE $0.35.SMARTFINANCIAL SAYS QTRLY NET INTEREST INCOME TOTALED $16.8 MILLION VERSUS $15.3 MILLION IN Q4 OF 2017 - SEC FILING.  Full Article

SmartFinancial Inc To Acquire Southern Community Bank
Tuesday, 12 Dec 2017 

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 

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

Capstone directors Tucker and Wicks to join Smartfinancial board after merger
Tuesday, 23 May 2017 

May 23 (Reuters) - Smartfinancial Inc ::In connection with merger, Capstone directors, Steven B. Tucker and J. Beau Wicks will join Smartfinancial and Smartbank boards - SEC filing.Upon termination of merger, Bancshares or co will be obligated to pay other party a termination fee of $2.8 million plus expenses.  Full Article