SmartFinancial, Inc. reports developments for its bank holding company operations through SmartBank, a full-service commercial bank serving individuals and corporate customers across Tennessee, Alabama, and Florida. Company news centers on quarterly earnings, loan and deposit growth, net interest margin, credit quality, provisions for credit losses, and the performance of earning assets such as loans and securities.
Recurring updates also cover capital and shareholder actions, including regular cash dividends, share repurchase authorization, and subordinated note exchange activity. SmartFinancial’s releases commonly connect operating results with commercial, real estate, consumer, and construction lending activity at SmartBank.
SmartFinancial (NYSE: SMBK) extended its registered exchange offer for up to $100.0 million aggregate principal amount of 7.25% Fixed-to-Floating Rate Subordinated Notes due 2035. The offer, previously set to expire on January 2, 2026, now expires at 5:00 p.m. New York City time on January 9, 2026, unless further extended. As of January 2, 2026, $82.5 million principal (representing 82.5% of outstanding notes) had been tendered for exchange.
A registration statement on Form S-4 related to the exchange offer was declared effective by the SEC on December 1, 2025. All other terms of the exchange offer remain unchanged; document requests may be directed to the exchange agent, U.S. Bank Trust Company, National Association.
SmartFinancial (NYSE: SMBK) declared a regular quarterly cash dividend of $0.08 per share on October 31, 2025. The dividend is payable on December 2, 2025 to shareholders of record at the close of business on November 17, 2025.
This action provides a scheduled cash distribution to common shareholders and sets the payment and record dates for the December 2025 payout.
SmartFinancial (NYSE: SMBK) reported Q3 2025 net income of $13.7M or $0.81 diluted EPS and operating earnings of $14.5M or $0.86 per diluted share. The company achieved over $50M in quarterly operating revenue, $98M of net organic loan growth (10% annualized quarter-over-quarter) and $179M deposit growth (15% annualized quarter-over-quarter). Tangible book value per common share rose to $26.00, a 26% quarter-over-quarter annualized increase. Corporate actions included a $100M subordinated debt issuance, a $4.0M pre-tax gain on the sale of SBK Insurance and a $3.9M pre-tax loss from repositioning $85M of securities. Net interest income was $42.4M and tax-equivalent NIM was 3.25%.
SmartFinancial (NYSE: SMBK) will release its Third Quarter 2025 earnings on Tuesday, October 21, 2025 after market close and host a conference call on Wednesday, October 22, 2025 at 10:00 a.m. ET.
To join the live call dial (833) 470-1428 or (646) 844-6383 and enter access code 241226. Conference materials (earnings release and presentation) will be posted at 9:00 a.m. ET on the company's investor webpage: http://www.smartfinancialinc.com/CorporateProfile. A replay will be available through December 21, 2025 by dialing (866) 813-9403 or (929) 458-6194 with access code 307268.
SmartFinancial (NYSE: SMBK), the parent company of SmartBank, has announced its board of directors has declared a quarterly cash dividend of $0.08 per share. The dividend will be payable on August 25, 2025, to shareholders of record as of the close of business on August 8, 2025.
SmartFinancial (NYSE:SMBK) reported strong Q2 2025 results with net income of $11.7 million, or $0.69 per diluted share, compared to $8.0 million ($0.48/share) in Q2 2024. The company demonstrated robust performance with net organic loan growth of $132 million, representing a 13% annualized quarter-over-quarter increase.
Key highlights include net interest income of $40.3 million, a tax equivalent net interest margin of 3.29%, and solid credit quality with nonperforming assets at 0.19% of total assets. The company's total assets reached $5.49 billion, with total deposits increasing by $185.6 million. SmartFinancial maintained strong asset quality with an allowance for credit losses to total loans ratio of 0.96%.
The company achieved five consecutive quarters of positive operating leverage and was recertified as a Great Place to Work by over 92% of SmartBank associates.
SmartFinancial (NYSE: SMBK) has announced the schedule for its Second Quarter 2025 earnings release and conference call. The company will release its Q2 2025 earnings results on Monday, July 21, 2025, after market close.
A conference call to discuss the results will be held on Tuesday, July 22, 2025, at 10:00 a.m. ET. Conference call materials, including the earnings release and presentation, will be available on the company's website at 9:00 a.m. ET before the call. The interactive teleconference can be accessed by dialing (833) 470-1428 or (404) 975-4839 with access code 342904. A replay will be available through September 20, 2025.
SmartFinancial (NYSE: SMBK) reported strong Q1 2025 results with net income of $11.3 million, or $0.67 per diluted share, up from $9.4 million in Q1 2024. Key highlights include:
- Operating earnings of $11.3 million
- Net organic loan growth of $86 million (9% annualized increase)
- Deposit growth of $122 million (10% annualized increase)
- Solid credit quality with nonperforming assets at 0.19% of total assets
The company's net interest income was $38.2 million, with a tax equivalent net interest margin of 3.21%. Total assets reached $5.41 billion, while total deposits increased to $4.81 billion. The board declared a quarterly cash dividend of $0.08 per share, payable on May 19, 2025.
SmartFinancial (NYSE: SMBK) has scheduled its First Quarter 2025 earnings release and conference call. The company will release its Q1 2025 earnings report on Monday, April 21, 2025, after market close. A conference call will follow on Tuesday, April 22, 2025, at 10:00 a.m. ET.
Investors can access the teleconference by dialing (833) 470-1428 or (404) 975-4839 with access code 348422. A replay will be available through June 21, 2025, via (866) 813-9403 or (929) 458-6194 using access code 167602. Conference materials will be published on SmartFinancial's website at 9:00 a.m. ET before the call.
SmartFinancial (SMBK) has announced the appointment of Kelli Shomaker to its board of directors. Shomaker currently serves as Senior Vice President for Business and Administration and Chief Financial Officer at Auburn University, overseeing financial operations for an institution with over 30,000 students.
With more than 29 years of experience in higher education and financial management, Shomaker brings expertise from previous roles at Texas A&M University, U.S. Global Investors, and PricewaterhouseCoopers. She holds a BBA in Accounting from Texas A&M University and a Master of Education from Auburn University.
Shomaker serves on several prestigious boards, including the Retirement System of Alabama and the Alabama Public Education Employees Health Insurance Plan. She is also the President of the Dudley Foundation, supporting Auburn University's educational initiatives.