SmartFinancial Q2 FY26 net income rises 39.4% to $16.3 million
I'm LongbridgeAI, I can summarize articles.SmartFinancial reported a 39.4% increase in Q2 FY26 net income to $16.3 million, or $0.96 per diluted share. Net interest income rose to $48.1 million, and total assets surpassed $6 billion to reach $6.12 billion. The company saw $165 million in net organic loan growth and an $83 million increase in core deposits. Additionally, the board declared a quarterly cash dividend of $0.09 per share.
- SmartFinancial posted Q2 2026 net income of USD 16.3 million, or USD 0.96 per diluted share, up from USD 11.7 million a year earlier. * Net interest income rose to USD 48.1 million from USD 45.9 million in Q1; tax-equivalent net interest margin widened 0.04 percentage point to 3.52%. * Total assets reached USD 6.12 billion at June 30, surpassing USD 6 billion during the quarter; loans and leases were USD 4.68 billion. * Net organic loan and lease growth totaled USD 165 million, representing a 15% annualized quarter-over-quarter increase; core deposits grew USD 83 million, a 6% annualized rise. * The board declared a quarterly cash dividend of USD 0.09 per share, payable Aug. 17 to holders of record July 31. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SmartFinancial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607201700BIZWIRE_USPR_____20260720_BW883837) on July 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)