Inferra AI / Company / SMBK
Smartfinancial Inc.
SMBK · Financials
Last earnings Oct 19, 2026
Key results
Net incomequarter
$16.3 million
net income of $16.3 million, or $0.96 per diluted common share, for the second quarter of 2026, compared to
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
net income of $11.7 million, or $0.69 per diluted common share, for the second quarter of 2025, and compared to prior quarter
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
net income of $13.7 million, or $0.81 per diluted common share.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
EPSquarter
$0.96
Diluted earnings per share increased to $0.96, an improvement of $0.15 from the first quarter, and tangible book value per common share grew quarter over quarter by 13% annualized.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
Dividendquarter
$2.9 million
The increase in shareholders equity was primarily driven by net income of $30.0 million for the six months ending June 30, 2026, offset by an increase of $3.6 million in accumulated other comprehensive loss and dividends paid of $2.9 million.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
Net Interest Income $ 48,064 $ 45,876 $ 40,343 5% 19% Provision for Credit Losses 1,463 4,139 2,411 Noninterest Income 7,886 7,941 8,898 (1%) (11%) Noninterest Expense 33,955 32,915 32,569 3% 4% Income Tax Expense 4,210 3,083 2,556 Net Income (GAAP) $ 16,322 $ 13,680 $ 11,705 19% 39% Non-GAAP Reconciliations Noninterest Income (54) (1) 4 Noninterest Expense - - - Income Tax Effect Of Adjustments 14 0 (1) Operating Earnings (Non-GAAP) $ 16,282 $ 13,679 $ 11,708 19% 39% Operating PPNR Earnings (Non-GAAP) $ 21,941 $ 20,901 $ 16,676 5% 32% 1Q26 2Q25 Non-GAAP Performance Metrics 2Q26 1Q26 2Q25 % Chg.
SEC original ↗Smartfinancial Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 20, 2026
Diluted Operating EPSquarter
18%
Diluted Operating Earnings Per Share $ 0.96 $ 0.81 $ 0.69 18% 38% Tangible Book Value Per Common Share $ 28.22 $ 27.33 $ 24.42 3% 16% Operating Return on Average Assets 1.10% 0.96% 0.88% Operating PPNR Return on Average Assets 1.48% 1.47% 1.25% Operating Return on Average Tang.
SEC original ↗Smartfinancial Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 20, 2026
AI analysis
Q2 2026 · reported Jul 20, 2026
Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $16.3 million | — | — |
| EPS | $0.96 | — | — |
| Dividend | $2.9 million | — | — |
| Diluted Operating EPS | 18% | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
htm EX-99.1 Exhibit 99.1 2Q 2026 SmartFinancial Announces Results for the Second Quarter 2026 Regular Quarterly Cash Dividend KNOXVILLE, TN July 20, 2026 SmartFinancial, Inc.
Event summary
2Q 2026 SmartFinancial Announces Results for the Second Quarter 2026 Regular Quarterly Cash Dividend KNOXVILLE, TN July 20, 2026 SmartFinancial, Inc
Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
htm EX-99.1 Exhibit 99.1 2Q 2026 SmartFinancial Announces Results for the Second Quarter 2026 Regular Quarterly Cash Dividend KNOXVILLE, TN July 20, 2026 SmartFinancial, Inc.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
Average interest-bearing liabilities increased by $153.3 million from the prior quarter, primarily attributable to an increase in average interest-bearing deposits of $115.5 million and borrowings of $37.7 million.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
In addition, borrowings decreased by $2.4 million and other liabilities decreased by $434 thousand.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
The increase in shareholders equity was primarily driven by net income of $30.0 million for the six months ending June 30, 2026, offset by an increase of $3.6 million in accumulated other comprehensive loss and dividends paid of $2.9 million.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
2026-01, Equity (Topic 505) Initial Measurement of Paid-in-Kind Dividends on Equity-Classified Preferred Stock ASU 2026-01 introduces a single, standardized approach for the initial measurement of paid-in-kind ( PIK ) dividends on equity-classified preferred stock.
SEC original ↗Smartfinancial Inc. — 10-Q Quarterly report10-QAug 10, 2026
The new guidance mandates measurement based on the stated PIK dividend rate in the preferred stock agreement for in-scope arrangements.
SEC original ↗Smartfinancial Inc. — 10-Q Quarterly report10-QAug 10, 2026
Strategy & priorities
Highlights for the Second Quarter of 2026 Operating earnings 1 of $16.3 million, or $0.96 per diluted common share Net organic loan and lease growth of $165 million representing 15% annualized quarter-over-quarter increase Surpassed $6 billion in total assets during the quarter Core deposit 2 growth of $83 million representing 6% annualized quarter-over-quarter increase Quarter-over-quarter tangible book value per common share 1 growth of 13% annualized Recertified as a Great Place to Work by over 97% of SmartBank Associates Billy Carroll, President & CEO, stated: Our second quarter results reflect steady progress in the execution of our strategy.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
Recruiting the best people, delivering exceptional client service, strategic branching, and a disciplined approach to lending have contributed to SmartBank s success.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
Investor Contacts Billy Carroll Nathan Strall President & Chief Executive Officer Vice President and Director of Strategy & Corporate Development Email: billy.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
) • M&A focus shifted to strategic and/or “needle moving” opportunities $ in Billions, unless otherwise indicated Strategic Focus: Leverage Existing Infrastructure Investments to Drive Profitability and Optimize Efficiency MARKET AREA: BUILDING DENSITY IN ATTRACTIVE SOUTHEAST MARKETS 8 ► Production Team: 46 ► Loans: 58% ► Deposits: 60% ► ’21-’26 Growth: 10% Tennessee Source: S&P Market Intelligence; U.
SEC original ↗Smartfinancial Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 20, 2026
The Company considered the qualitative factors that were relevant as of the reporting date, which included, but was not limited to: independent loan review results, portfolio concentrations, lending strategies, quality of assets, regulatory review results, economic conditions and associate retention.
SEC original ↗Smartfinancial Inc. — 10-Q Quarterly report10-QAug 10, 2026
Risks & headwinds
Pipelines across the Company remain healthy, and we believe the disruption created by ongoing consolidation and operational challenges at certain competitors continues to create meaningful opportunities to deepen relationships and gain market share.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
All forward-looking statements are subject to risks, uncertainties, and other factors that may cause the actual results of SmartFinancial to differ materially from future results expressed or implied by such forward-looking statements.
SEC original ↗Smartfinancial Inc. — Earnings release (8-K exhibit)EX-99Jul 20, 2026
Legal Proceedings 61 Item 1A.
SEC original ↗Smartfinancial Inc. — 10-Q Quarterly report10-QAug 10, 2026
Earnings deck slides
0 decks with slide viewSmartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Smartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Smartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Smartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Smartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Smartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Smartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Smartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Smartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Smartfinancial Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q3 2026
- 8-KSMBK
Oct 19, 2026
- Q2 2026
- 10-QSMBK
Aug 10, 2026
- 8-KSMBK
Jul 20, 2026
- Q1 2026
- 8-KSMBK
May 22, 2026
- 10-QSMBK
May 11, 2026
- 8-KSMBK
Apr 30, 2026
- 8-KSMBK
Apr 20, 2026
- Q4 2025
- 8-KSMBK
Mar 31, 2026
- 10-KSMBK
Mar 16, 2026
- 8-KSMBK
Jan 30, 2026
- 8-KSMBK
Jan 20, 2026
- 8-KSMBK
Jan 5, 2026
- Q3 2025
- 10-QSMBK
Nov 7, 2025
- 8-KSMBK
Nov 3, 2025
- 8-KSMBK
Oct 21, 2025
- Q2 2025
- 8-KSMBK
Sep 8, 2025
- 8-KSMBK
Aug 20, 2025
- 10-QSMBK
Aug 11, 2025
- 8-KSMBK
Jul 24, 2025
- 8-KSMBK
Jul 21, 2025
- Q1 2025
- 8-KSMBK
May 30, 2025
- 8-KSMBK
May 22, 2025
- 10-QSMBK
May 12, 2025
- 8-KSMBK
May 1, 2025
- 8-KSMBK
Apr 21, 2025
- Q4 2024
- 8-KSMBK
Mar 27, 2025
- 10-KSMBK
Mar 17, 2025
- 8-KSMBK
Jan 24, 2025
- 8-KSMBK
Jan 21, 2025
- Q3 2024
- 8-KSMBK
Dec 6, 2024
Earnings releases
8 documentsPresentations
10 documents
Transcripts
0 documentsNo transcripts for Smartfinancial Inc. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.