SmartFinancial is a bank holding company. Through its subsidiary, SmartBank, Co. accepts deposits from the general public and invests those funds, together with funds generated from operations and from principal and interest payments on loans, primarily in commercial loans, commercial and residential real estate loans, consumer loans and residential and commercial construction loans. Co.'s primary deposit products are interest-bearing demand deposits, savings and money market deposits, and time deposits. Co. has six portfolio segmentations: commercial real estate, consumer real estate, construction and land development, commercial and industrial, leases and consumer and other. The SMBK YTD return is shown above.
The YTD Return on the SMBK YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether SMBK YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SMBK YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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