SmartFinancial, Inc. Total Assets
SmartFinancial, Inc. total assets. Based on the latest financial reports, SmartFinancial, Inc. (SMBK) holds total assets worth $5.78 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see market value of SmartFinancial, Inc. for the company's overall valuation and market capitalisation.
Total Assets of SmartFinancial, Inc. (2001–2024)
Total assets of SmartFinancial, Inc. from 2001 to 2024. This chart illustrates how SmartFinancial, Inc.'s total assets have evolved over time, based on quarterly financial data. See SmartFinancial, Inc. share price for real-time trading data and today's change.
SmartFinancial, Inc. - Asset Composition Analysis
SmartFinancial, Inc. Total Assets Breakdown (December 2024)
SmartFinancial, Inc. total assets breakdown as of December 2024. SmartFinancial, Inc.'s total assets of $5.78 Billion consist of 14.2% current assets and 85.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.1% |
| Accounts Receivable | $63.96 Million | 1.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.62 Million | 0.2% |
| Goodwill | $96.10 Million | 1.8% |
Asset Composition Trend (2001–2024)
This chart illustrates how SmartFinancial, Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore SMBK current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SmartFinancial, Inc.'s current assets represent 14.2% of total assets in 2024, an increase from 4.4% in 2001.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2024, up from 4.4% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is goodwill at 1.8% of total assets.
SmartFinancial, Inc. Competitors by Total Assets
Key competitors of SmartFinancial, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Societe Generale S.A.
PA:GLE
|
France | €1.55 Trillion |
|
Itau Unibanco Banco Holding SA
NYSE:ITUB
|
USA | $3.14 Trillion |
|
Spar Nord Bank
CO:SPNO
|
Denmark | Dkr143.85 Billion |
|
Bank of Guiyang Co Ltd
SHG:601997
|
China | CN¥746.59 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank Ina Perdana PT
JK:BINA
|
Indonesia | Rp30.24 Trillion |
|
SJF Bank A/S
CO:SJF
|
Denmark | Dkr36.72 Billion |
|
Bank Rakyat Indonesia Agroniaga
JK:AGRO
|
Indonesia | Rp13.34 Trillion |
SmartFinancial, Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.20 | 0.17 | 74.47 |
| Quick Ratio | 0.20 | 0.17 | 74.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.07 Billion | $-3.57 Billion | $2.89 Billion |
SmartFinancial, Inc. - Advanced Valuation Insights
This section examines the relationship between SmartFinancial, Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.10 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 9.2% |
| Total Assets | $5.28 Billion |
| Market Capitalization | $590.02 Million USD |
Valuation Analysis
Below Book Valuation: The market values SmartFinancial, Inc.'s assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: SmartFinancial, Inc.'s assets grew by 9.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SmartFinancial, Inc. (2001–2024)
The table below shows the annual total assets of SmartFinancial, Inc. from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.28 Billion | +9.25% |
| 2023-12-31 | $4.83 Billion | +4.69% |
| 2022-12-31 | $4.61 Billion | +0.03% |
| 2021-12-31 | $4.61 Billion | +39.54% |
| 2020-12-31 | $3.30 Billion | +34.94% |
| 2019-12-31 | $2.45 Billion | +7.68% |
| 2018-12-31 | $2.27 Billion | +32.17% |
| 2017-12-31 | $1.72 Billion | +61.96% |
| 2016-12-31 | $1.06 Billion | +3.76% |
| 2015-12-31 | $1.02 Billion | +91.82% |
| 2014-12-31 | $533.80 Million | +23.50% |
| 2013-12-31 | $432.22 Million | -1.87% |
| 2012-12-31 | $440.46 Million | +4.21% |
| 2011-12-31 | $422.65 Million | -4.27% |
| 2010-12-31 | $441.50 Million | -17.07% |
| 2009-12-31 | $532.40 Million | +12.84% |
| 2008-12-31 | $471.80 Million | +6.16% |
| 2007-12-31 | $444.42 Million | +18.53% |
| 2006-12-31 | $374.94 Million | +15.86% |
| 2005-12-31 | $323.61 Million | +30.17% |
| 2004-12-31 | $248.61 Million | +23.69% |
| 2003-12-31 | $201.00 Million | +25.70% |
| 2002-12-31 | $159.90 Million | -99.89% |
| 2001-12-31 | $142.46 Billion | -- |
About SmartFinancial, Inc.
SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in Tennessee, Alabama, and Florida. The company accepts various deposits, including noninterest-bearing and interest-bearing checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. It also provides … Read more