SmartFinancial Q3 net income rises to $18.6 million, or $1.10 per diluted share
SmartFinancial reported third-quarter 2026 net income of $18.6 million, or $1.10 per diluted share, up from $13.7 million, or $0.81 per share, a year earlier and $16.3 million, or $0.96 per share, in the prior quarter. Loan and lease growth of $174 million and core deposit growth of $163 million supported the results, while a lower net interest margin and higher noninterest expense partly offset those gains.
Key points
- Net income of $18.6 million and diluted EPS of $1.10, compared with $16.3 million and $0.96 in Q2 2026 and $13.7 million and $0.81 in Q3 2025.
- Tax equivalent net interest margin of 3.45%, down from 3.52% in the prior quarter, primarily due to higher funding costs.
- Noninterest expense rose $2.4 million to $36.4 million, and income tax expense included a $2.6 million benefit from the purchase of transferable energy tax credits.
- Net organic loan and lease growth of $174 million and core deposit growth of $163 million in the quarter.
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 19, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.