Zacks Investment Research upgraded shares of SmartFinancial (NASDAQ:SMBK) from a sell rating to a hold rating in a report published on Friday.
According to Zacks, “SmartFinancial, Inc. is a bank holding company which provide banking services to individuals and corporate through its subsidiaries SmartBank and Cornerstone Community Bank. It offers deposit products, loan products, e-banking services consisting of online bill payments, smart pay, e-statements, mobile banking as well as debit and credit cards. SmartFinancial, Inc. is based in Knoxville, Tennessee. “
SmartFinancial (NASDAQ:SMBK) traded up $0.06 during midday trading on Friday, reaching $22.26. The company had a trading volume of 17,200 shares, compared to its average volume of 23,940. The company has a market cap of $183.01, a price-to-earnings ratio of 27.48 and a beta of 0.25. SmartFinancial has a 1-year low of $17.17 and a 1-year high of $26.26. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.96 and a current ratio of 0.96.
COPYRIGHT VIOLATION WARNING: “SmartFinancial (SMBK) Upgraded at Zacks Investment Research” was posted by Community Financial News and is the property of of Community Financial News. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story can be accessed at https://www.com-unik.info/2018/01/09/smartfinancial-smbk-upgraded-at-zacks-investment-research.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
What are top analysts saying about SmartFinancial? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for SmartFinancial and related companies.