SmartFinancial Approves Regular Quarterly Cash Dividend
October 29 2021 - 5:00PM
SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the
parent company for SmartBank, announced that on October 28, 2021,
the board of directors of SmartFinancial declared a quarterly cash
dividend of $0.06 per share of SmartFinancial common stock payable
on November 29, 2021 to shareholders of record as of the close of
business on November 12, 2021.
About SmartFinancial, Inc.
SmartFinancial, Inc., based in Knoxville,
Tennessee, is the publicly-traded bank holding company for
SmartBank. SmartBank is a full-service commercial bank founded in
2007 with branches across Tennessee, Alabama, and the Florida
Panhandle. Recruiting the best people, delivering exceptional
client service, strategic branching, and a disciplined approach to
lending have all contributed to the company’s success. More
information about SmartFinancial can be found on its website:
www.smartfinancialinc.com.
Forward-Looking Statements
This release contains “forward-looking
statements” within the meaning of 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,” “will,” “should,” “plan,” “estimate,”
“predict,” “continue” and “potential”, or the negative of these
terms or other comparable terminology. Forward-looking statements
represent management’s beliefs with regard to the matters
addressed, based upon information available at the time the
statements are made; they are not guarantees of future performance,
and they should they not be relied upon as representing
management’s views as of any date subsequent to the date first
made. Forward-looking statements are subject to numerous
assumptions, risks and uncertainties that change over time and
could cause actual results or financial condition to differ
materially from those expressed in or implied by such
statements.
Factors that could affect the forward-looking
statements in this release include SmartFinancial’s ability to
continue to generate strong earnings and maintain a strong capital
position as it faces the challenge of the ongoing COVID-19
pandemic, the market price of SmartFinancial’s common stock, and
other opportunities that SmartFinancial may determine 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 SmartFinancial’s
Annual Reports on Form 10-K for the 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 any factors or to
announce publicly the result of revisions to any of the
forward-looking statements included herein to reflect future events
or developments.
Investor Contacts
Billy CarrollPresident and Chief Executive
OfficerSmartFinancial, Inc.Email: billy.carroll@smartbank.comPhone:
865.868.0613
Ron GorczynskiExecutive Vice PresidentChief
Financial
OfficerSmartFinancial, Inc.Email: ron.gorczynski@smartbank.comPhone:
865.437.5724
Media Contact
Kelley FowlerSenior Vice PresidentPublic
Relations/MarketingSmartFinancial, Inc.Email: kelley.fowler@smartbank.comPhone:
865.868.0611
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