Recent Updates — SMBK

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.

SmartFinancial, Inc. reported second quarter 2026 net income of $16.3 million, or $0.96 per diluted common share, an increase from $11.7 million ($0.69 per share) in the second quarter of 2025. The company surpassed $6 billion in total assets during the quarter, with total assets reaching $6.12 billion as of June 30, 2026. Key metrics included a net interest margin of 3.52% and organic loan growth of 15% annualized quarter-over-quarter. On July 16, 2026, the board declared a quarterly cash dividend of $0.09 per share. The company operates in the banking industry as a bank holding company for SmartBank, providing full-service commercial banking.