SMARTFINANCIAL Files 8-K on Operations & Financial Condition

Ticker: SMBK · Form: 8-K · Filed: Jan 22, 2024 · CIK: 1038773

Complexity: simple

Sentiment: neutral

Topics: financial-condition, regulation-fd, results-of-operations

TL;DR

**SMARTFINANCIAL just dropped an 8-K on its financial results, get ready for potential stock movement.**

AI Summary

SMARTFINANCIAL, INC. filed an 8-K on January 22, 2024, to report on its 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure'. This filing indicates that the company is providing an update on its financial performance, likely ahead of a full earnings report, which is important for investors to understand the company's current health and future prospects. This matters to shareholders because it offers an early look at the company's financial standing, potentially influencing stock price movements based on whether the results meet or miss expectations.

Why It Matters

This filing signals that SMARTFINANCIAL is disclosing key financial performance data, which can impact investor sentiment and stock valuation. It provides transparency into the company's recent business activities and financial health.

Risk Assessment

Risk Level: medium — The risk level is medium because while the filing itself is routine, the undisclosed financial results could contain positive or negative surprises impacting the stock.

Analyst Insight

Investors should look for the actual financial results that will be disclosed in connection with this 8-K, as they will provide the concrete data needed to assess SMARTFINANCIAL's performance and make informed investment decisions.

Key Players & Entities

FAQ

What is the primary purpose of SMARTFINANCIAL, INC.'s 8-K filing dated January 22, 2024?

The primary purpose of SMARTFINANCIAL, INC.'s 8-K filing dated January 22, 2024, is to report on 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure', as indicated by the 'ITEM INFORMATION' sections in the filing.

What is the earliest event reported date for this 8-K filing?

The earliest event reported date for this 8-K filing is January 22, 2024, as stated in the filing under 'Date of earliest event reported: January 22, 2024'.

Where are SMARTFINANCIAL, INC.'s principal executive offices located?

SMARTFINANCIAL, INC.'s principal executive offices are located at 5401 Kingston Pike, Suite 600, Knoxville, Tennessee, 37919, according to the 'BUSINESS ADDRESS' section of the filing.

What is the Commission File Number for SMARTFINANCIAL, INC.?

The Commission File Number for SMARTFINANCIAL, INC. is 001-37661, as specified in the filing under 'Commission File Number'.

Under which items of Form 8-K did SMARTFINANCIAL, INC. file this report?

SMARTFINANCIAL, INC. filed this report under 'ITEM INFORMATION: Results of Operations and Financial Condition', 'ITEM INFORMATION: Regulation FD Disclosure', and 'ITEM INFORMATION: Financial Statements and Exhibits'.

Filing Stats: 645 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-01-22 17:10:34

Key Financial Figures

Filing Documents

02

Item 2.02 Results of Operations and Financial Condition. On January 22, 2024, SmartFinancial, Inc. ("SmartFinancial") issued a press release (the "Press Release") reporting earnings results for its fourth quarter ending December 31, 2023. A copy of the Press Release is attached hereto as Exhibit 99.1. In accordance with General Instructions B.2 of Form 8K, the information in Item 2.02 of this report (including Exhibit 99.1) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01

Item 7.01 Regulation FD Disclosure. SmartFinancial is filing an investor slide presentation that it intends to review in conjunction with its earnings release conference call on January 23, 2024. The slides are attached hereto as Exhibit 99.2. In accordance with General Instructions B.2 of Form 8K, the information in Item 7.01 of this report (including Exhibit 99.2) shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Financial Statements and Exhibits

Financial Statements and Exhibits Exhibit No. Description 99.1 Press release announcing fourth quarter 2023 financial results dated January 22, 2024 99.2 Fourth quarter 2023 investor presentation 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SMARTFINANCIAL, INC. Date: January 22, 2024 /s/ William Y. Carroll, Jr. William Y. Carroll, Jr. President & Chief Executive Officer

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