SmartFinancial Inc. (NYSE:SMBK) held its 2026 annual meeting of shareholders on Thursday. According to a statement based on the company’s SEC filing, shareholders elected all nominated directors to serve until the 2027 annual meeting.
The elected directors are Cathy G. Ackermann, Victor L. Barrett, William Y. Carroll, Jr., William Y. Carroll, Sr., David A. Ogle, Kelli D. Shomaker, Steven B. Tucker, Wesley M. Welborn, Keith E. Whaley, O.D., and Geoffrey A. Wolpert.
Out of 17,098,473 shares of common stock outstanding as of the record date, 13,783,833 shares, or 80.61%, were present at the meeting in person or by proxy.
Shareholders also ratified the appointment of Elliott Davis, PLLC as SmartFinancial’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The vote for ratification included 13,769,399 shares in favor, 4,421 shares against, and 10,013 abstentions.
Additionally, shareholders approved, on a non-binding advisory basis, the compensation paid to the company’s named executive officers as disclosed in the company’s definitive proxy statement filed with the Securities and Exchange Commission on April 7, 2026. The advisory vote received 11,056,323 shares in favor, 331,566 shares against, and 17,236 abstentions, with 2,378,708 broker non-votes.
In other recent news, SmartFinancial Inc. reported first-quarter 2026 earnings that exceeded Wall Street expectations. The company posted earnings per share of $0.81, surpassing the forecasted $0.79, with revenue reaching $53.82 million. Raymond James raised its price target for SmartFinancial to $50 from $47, maintaining a Strong Buy rating.
