Earnings ·
SmartFinancial reports $1.10 per diluted operating EPS for Q3 2026
SMBKSmartfinancial Inc.
SmartFinancial, Inc. reported net income of $18.6 million, or $1.10 per diluted common share, for the third quarter ended September 30, 2026, compared to $13.7 million, or $0.81 per diluted share, in the prior-year period. The company achieved a quarterly record operating revenue of $57.5 million and reported net organic loan and lease growth of $174 million, representing a 15% annualized quarter-over-quarter increase. Core deposits grew by $163 million, or 12% annualized. Tangible book value per common share increased to $28.50, up 4% annualized including accumulated other comprehensive income effects. The bank holding company operates full-service commercial banking branches across Tennessee, Alabama, Florida, and Georgia.