SmartFinancial (NYSE: SMBK) reported third-quarter 2026 net income of $18.6 million, or $1.10 per diluted common share, compared with $13.7 million, or $0.81 per diluted common share, in the third quarter of 2025.
Net interest income totaled $49.4 million, up from $48.1 million in the prior quarter. Total assets reached $6.32 billion at September 30, 2026, while deposits totaled $5.58 billion.
- Basic earnings per common share were $1.11, and diluted earnings per common share were $1.10.
- Net organic loan and lease growth was $174 million, representing a 15% annualized quarter-over-quarter increase.
- Core deposits increased $163 million, representing a 12% annualized quarter-over-quarter increase.
- Noninterest income totaled $8.1 million, while noninterest expense was $36.4 million.
- The tax equivalent net interest margin was 3.45%, compared with 3.52% in the prior quarter.
- The company recognized a $2.6 million tax benefit tied to the purchase of transferable energy tax credits.
$SMBK Insider Trading Activity
$SMBK insiders have traded $SMBK stock on the open market 7 times in the past 6 months. Of those trades, 3 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $SMBK stock by insiders over the last 6 months:
- VICTOR LYNN BARRETT purchased 3,000 shares for an estimated $131,340
- CATHY G ACKERMANN purchased 3,000 shares for an estimated $126,359
- RHETT D. JORDAN (EVP & CHIEF CREDIT OFFICER) has made 0 purchases and 4 sales selling 1,560 shares for an estimated $73,579.
- KELLI D SHOMAKER purchased 290 shares for an estimated $11,977
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SMBK Hedge Fund Activity
We have seen 105 institutional investors add shares of $SMBK stock to their portfolio, and 51 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 183,638 shares (+14.3%) to their portfolio in Q2 2026, for an estimated $8,616,294
- BASSWOOD CAPITAL MANAGEMENT, L.L.C. added 180,329 shares (+inf%) to their portfolio in Q2 2026, for an estimated $8,461,036
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 123,934 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,814,983
- QUBE RESEARCH & TECHNOLOGIES LTD removed 104,717 shares (-92.1%) from their portfolio in Q2 2026, for an estimated $4,913,321
- JPMORGAN CHASE & CO added 94,236 shares (+inf%) to their portfolio in Q2 2026, for an estimated $4,421,553
- WELLINGTON MANAGEMENT GROUP LLP removed 80,961 shares (-12.0%) from their portfolio in Q2 2026, for an estimated $3,798,690
- AMERICAN CENTURY COMPANIES INC added 76,854 shares (+20.7%) to their portfolio in Q2 2026, for an estimated $3,605,989
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
