SmartFinancial, Inc. filed its quarterly report on Form 10-Q with the SEC on November 9, 2026, covering the period ended September 30, 2026, disclosing third-quarter net income of $18.627 million and total assets of $6.321 billion.

Key Highlights

  • Net income of $18.627 million for the three months ended September 30, 2026, compared to $13.686 million in the same period of 2025, according to the filing.
  • Diluted earnings per share of $1.10 for Q3 2026, up from $0.81 in Q3 2025, as reported in the consolidated statements of income.
  • Total assets reached $6.320 billion at September 30, 2026, compared to $5.861 billion at December 31, 2025.
  • Net interest income was $49.402 million for the third quarter of 2026, versus $42.430 million in the third quarter of 2025.
  • Total loans and leases were $4.857 billion at September 30, 2026, up from $4.364 billion at December 31, 2025.
  • Total deposits were $5.576 billion at September 30, 2026, compared to $5.153 billion at December 31, 2025.
  • 17,096,289 shares of common stock were issued and outstanding as of November 3, 2026, the filing stated.

SmartFinancial Reports Loan Growth and Rising Net Interest Income in Third Quarter 2026

According to the Form 10-Q filed by SmartFinancial, Inc. (NYSE:SMBK) for the quarterly period ended September 30, 2026, the company reported net income of $18.627 million for the three months ended September 30, 2026, compared to $13.686 million for the same quarter in 2025. For the nine months ended September 30, 2026, net income was $48.629 million, versus $36.644 million for the nine months ended September 30, 2025. Basic earnings per share for the third quarter were $1.11, and diluted earnings per share were $1.10, the filing disclosed.

Total interest income for the third quarter of 2026 was $82.040 million, up from $74.518 million in Q3 2025. Interest expense totaled $32.638 million for Q3 2026 compared to $32.088 million in Q3 2025. The provision for credit losses was $687 thousand for the three months ended September 30, 2026, versus $227 thousand in the comparable prior-year period. For the nine-month period, the provision for credit losses was $6.288 million, compared to $3.618 million in the same period of 2025. The allowance for credit losses stood at $45.649 million at September 30, 2026, against $40.906 million at December 31, 2025, the filing reported.

On the balance sheet, the company reported total shareholders' equity of $581.256 million at September 30, 2026, compared to $552.492 million at December 31, 2025. Retained earnings were $292.896 million at quarter-end, up from $248.719 million at year-end 2025. Accumulated other comprehensive loss widened to $26.216 million from $9.319 million over the same interval. Total noninterest expense was $36.356 million for Q3 2026, compared to $33.869 million in Q3 2025, with salaries and employee benefits accounting for $21.616 million of that total, the filing indicated.

What Was Disclosed

SmartFinancial, Inc. filed its unaudited quarterly report for the period ended September 30, 2026, disclosing increases in net income, total assets, loans and leases, and total deposits compared to both the prior quarter-end and the same period in 2025, alongside a wider accumulated other comprehensive loss.