SmartFinancial reports Q2 2026 net income of $16.3 million, declares dividend
SmartFinancial reported net income of $16.3 million, or $0.96 per diluted share, for the second quarter of 2026, compared to $11.7 million or $0.69 per share in Q2 2025. Net interest margin expanded to 3.52% from 3.48% in the first quarter, supported by annualized loan growth of approximately 15%. The board declared a quarterly cash dividend of $0.09 per share payable August 17, 2026.
Key facts
- Net income Q2 2026: $16.3 million ($0.96 diluted EPS) vs Q2 2025: $11.7 million ($0.69 EPS)
- Net interest margin expanded to 3.52% in Q2 2026 from 3.48% in Q1 2026
- Annualized loan growth approximately 15% during second quarter
- Total assets at June 30, 2026: $6.12 billion vs $5.86 billion at December 31, 2025
- Loans and leases increased $319.4 million to $4.68 billion
- Deposits increased $232.8 million to $5.39 billion
- Tangible book value per share: $28.22 at June 30, 2026 vs $26.85 at December 31, 2025
- Nonperforming loans to total loans: 0.25% at June 30, 2026 vs 0.27% at March 31, 2026
- Quarterly cash dividend declared: $0.09 per share, payable August 17, 2026
Why it matters
SmartFinancial showed earnings improvement and net interest margin expansion in a period when the company says ongoing consolidation among competitors is creating market-share opportunities, with healthy pipelines supporting continued loan growth.
Share
Derived from 8-K filed 2026-07-20. Not investment advice. View the source filing on SEC.gov →