SMARTFINANCIALCDT-CAP DL1

SmartFinancial reported net income of $16.3 million ($0.96 per share) for the second quarter of 2026, versus $11.7 million in the year-ago quarter. The loan and lease portfolio grew organically by $165 million (annualized +15%) and total assets rose to $6.12 billion. Net interest margin increased to 3.52%, provisioning for credit losses fell, nonperforming loans declined slightly, and the board approved a quarterly dividend of $0.09 per share; the stock is up about 31% year-to-date. » Más en de.investing.com

SmartFinancial will present on July 20, 2026 the figures for the quarter ended June 30, 2026. Six analysts see earnings per share on average at $0.902 (prior year $0.690), while five analysts see revenue for the quarter on average at $55.7 million (prior year $77.8 million), a decline of around 28.4%. For the current fiscal year six analysts on average expect earnings per share of $3.66 with revenue of around $226.6 million (prior year $314.2 million). » Más en finanzen.net

At the 2026 annual general meeting, shareholders elected all nominated directors of SmartFinancial to serve until the 2027 AGM. They also confirmed Elliott Davis as the independent auditor for the fiscal year ending 31 Dec. 2026 and gave a non-binding green light to the compensation of the named executive officers. Representatives of 80.61% of the outstanding common shares were present at the meeting. SmartFinancial had earlier closed Q1 2026 slightly above expectations and received a price target increase from Raymond James. » Más en de.investing.com