SmartFinancial Approves Nasdaq Regular Quarterly Cash Dividend: SMBK

KNOXVILLE, Tennessee, April 23, 2021 (GLOBE NEWSWIRE) – SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company of SmartBank, announced that on April 22, 2021, the board of directors of SmartFinancial declared a quarterly cash dividend of $ 0.06 per SmartFinancial common share payable on May 21, 2021 to shareholders of record at the close of business on May 7, 2021.

About SmartFinancial, Inc.

SmartFinancial, Inc., based in Knoxville, Tennessee, is SmartBank’s publicly traded banking holding company. SmartBank is a full-service commercial bank founded in 2007 with 35 branches covering East and Middle Tennessee, Alabama and the Florida Panhandle. Recruiting the best people, delivering exceptional customer service, a strategic branch, and a disciplined approach to lending all contributed to the success of the business. For more information on SmartFinancial, see its website:

Forward-looking statements

This press release contains “forward-looking statements” within the meaning and subject to the safe harbor protections of the Private Securities Litigation Reform Act of 1995. In general, forward-looking statements can be identified by the use of words such as “may,” “Depend”, “believe”, “expect”, “anticipate”, “intend”, “want”, “should”, “plan”, “estimate”, “predict”, “continue” and ” potential “, or the negative of those terms or other comparable terminology. Forward-looking statements represent the beliefs of management with respect to the matters discussed, based on information available at the time the statements are made; they do not are not guarantees of future performance and should not be taken to represent the views of management as of a date subsequent to the date that a position is made. Forward-looking statements are subject to many assumptions, r iscs and uncertainties that change over time and could cause actual results or financial position to differ materially from those expressed or implied by such statements.

Factors that may affect forward-looking statements in this release include SmartFinancial’s ability to continue to generate strong earnings and maintain a strong capital position in the face of the challenge of the ongoing COVID-19 pandemic, market price of shares. of SmartFinancial, and other opportunities that SmartFinancial may decide to pursue. Additional factors affecting forward-looking statements can be found in the cautionary language included under the headings “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” in Annual Reports. SmartFinancial on Form 10-K for the fiscal year ended December 31, 2020, and other documents subsequently filed by SmartFinancial with the SEC. No forward-looking statement can be guaranteed. SmartFinancial expressly disclaims any obligation to update factors or publicly announce the result of revisions to any of the forward-looking statements included herein to reflect future events or developments.

Investor contacts

Billy Carroll
President and CEO
SmartFinancial, Inc.
Email: [email protected]
Telephone: 865.868.0613

Ron Gorczynski
Executive Vice President
Financial director
SmartFinancial, Inc.
Email: [email protected]
Telephone: 865.437.5724

Media contact

Kelley fowler
Senior vice president
Public relations / marketing
SmartFinancial, Inc.
Email: [email protected]
Telephone: 865.868.0611

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