SmartFinancial (Nasdaq: SMBK), the parent company of SmartBank, announced today the organization was named to Fortune's annual 100 Fastest-Growing Companies list, ranking No. 55 among the world's top performers.
The Fortune 100 Fastest-Growing Companies are publicly traded companies ranked each year by revenue growth rate, EPS growth rate and three-year annualized total return. SmartFinancial achieved growth rates of 42 percent, 37 percent and 11 percent, respectively. The overall rank is based on the sum of three ranks.
"This is quite an honor for our company to be recognized alongside some of the most influential businesses in the world," said Miller Welborn, SmartBank Chairman of the Board. "I am very proud of the hard work of our team as their dedication and commitment continue to set us apart and truly fuels our growth."
This is SmartFinancial's first appearance on the list, which includes some of world's leading companies, including Netflix, Amazon and Facebook. The entire 2019 Fortune 100 Fastest-Growing Companies list can be found here.
"This recognition is a direct reflection of the quality of the team we have in place and I couldn't be happier for them," said Billy Carroll (pictured above), president and CEO of SmartBank. "We've been fortunate to expand to some great communities over the past few years, and we'll continue to look for opportunities in other markets as part of our future growth strategy."
Today, SmartFinancial, has 397 associates, $2.3 billion in total assets and 29 branches across three states.
SmartBank has a branch location at 1950 Old Fort Pkwy. in Murfreesboro.
To learn more about SmartFinancial and SmartBank, visit www.smartbank.com.