SmartFinancial Q2 FY26 net income rises 39.44% to $16.32 million; net interest income climbs 19.14% to $48.06 million - SMBK News | RalliesSmartFinancial Q2 FY26 net income rises 39.44% to $16.32 million; net interest income climbs 19.14% to $48.06 million
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SMBK• Balance sheet changes
- Loans and leases, net, rose to $4.64 billion, while deposits grew to $5.39 billion, up $232.76 million from Dec. 31, 2025.
Quarterly net income and EPS rise
- SmartFinancial posted Q2 net income of $16.32 million, up 39.44%, with diluted EPS of $0.96.
- Net interest income climbed to $48.06 million, rising 19.14%, as the tax-equivalent net interest margin widened 0.23 percentage points to 3.52%.
Noninterest income and expense trends
- Noninterest income fell to $7.89 million, down 11.37%, driven by a drop in insurance commissions after the SBKI sale.
- Noninterest expense increased to $33.96 million, up , mainly on higher salaries and employee benefits tied to franchise growth.
4.26%
