SmartFinancial Q2 FY26 net income rises 39.4% to $16.3 million - SMBK News | RalliesSmartFinancial Q2 FY26 net income rises 39.4% to $16.3 million
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SMBK• Dividend declared
- The board declared a quarterly cash dividend of $0.09 per share, payable Aug. 17 to holders of record July 31.
Balance sheet and loan growth
- Total assets reached $6.12 billion at June 30, surpassing $6 billion during the quarter; loans and leases were $4.68 billion.
- Net organic loan and lease growth totaled $165 million, representing a 15% annualized quarter-over-quarter increase; core deposits grew $83 million, a 6% annualized rise.
Q2 earnings and margin improve
- SmartFinancial posted Q2 2026 net income of $16.3 million, or $0.96 per diluted share, up from $11.7 million a year earlier.
- Net interest income rose to $48.1 million from $45.9 million in Q1; tax-equivalent net interest margin widened 0.04 percentage point to 3.52%.
