SmartFinancial, Inc.
Industry Group: Banks
Country/Region: United States of America
Identifier: NYS:SMBK
SmartFinancial Inc operates as a bank holding company for SmartBank. It offers various banking and financial services to individuals and corporate customers. The principal business of the Bank consists of attracting deposits from the general public and investing those funds, together with funds generated from operations and from principal and interest payments on loans, mainly in commercial loans, commercial and residential real estate loans, consumer loans, and residential and commercial construction loans. The primary source of revenue is interest income from earning assets, namely loans and securities.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 829 out of 1022
Universe
Global Universe 10942 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Ålandsbanken Abp |
25.1
Medium
|
461 out of 1022 |
| The Keiyo Bank, Ltd. |
27.7
Medium
|
610 out of 1022 |
| SmartFinancial, Inc. |
30.6
High
|
829 out of 1022 |
| Peapack-Gladstone Financial Corp. |
32.7
High
|
920 out of 1022 |
| First Foundation, Inc. |
33
High
|
937 out of 1022 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.