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SmartFinancial Sets Dates for Fourth Quarter Earnings Release and Conference Call

AInvestMonday, Jan 6, 2025 5:05 pm ET
4min read



SmartFinancial, Inc. (NASDAQ: SMBK), the bank holding company for SmartBank, has announced the dates for its fourth quarter 2022 earnings release and conference call. The earnings release is scheduled for January 23, 2023, and the conference call will follow on January 24, 2023, at 10:00 AM ET. Miller Welborn, Chairman of the Board, Billy Carroll, President & CEO, and Ron Gorczynski, CFO, will participate in the call.



The company's stock price has been volatile in recent months, with a 12.37% decline over the past month and a 9.23% increase over the past three months. However, the stock has experienced significant growth over the past year, with a 30.66% increase. Investors will be eager to hear the company's financial results and guidance for the upcoming year.



SmartFinancial's strategic initiatives, such as acquisitions and organic growth, have contributed to its stock performance. The company has made strategic acquisitions to expand its footprint and diversify its revenue streams. Additionally, SmartFinancial has focused on organic growth, such as increasing its deposit base and expanding its customer base. These initiatives have driven revenue and earnings growth, which has translated into strong stock performance.



However, SmartFinancial faces several primary risks and challenges that have impacted its stock performance compared to its peers. These risks and challenges include insider selling, credit risk, interest rate risk, economic conditions, regulatory risk, and acquisition risk. Investors should pay close attention to the company's earnings call to better understand how these risks and challenges may impact its future prospects.



In conclusion, SmartFinancial's strategic initiatives have contributed to its stock performance, but the company faces several primary risks and challenges. Investors should closely monitor the company's earnings release and conference call to better understand its financial performance and future prospects.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.