---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-045196"
form_type: "8-K"
ticker: "SMBK"
cik: "0001038773"
company_name: "SMARTFINANCIAL INC."
filed_at: "2026-04-20T23:59:59+00:00"
generated_at: "2026-05-15T05:16:26.641954+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SmartFinancial Q1 net income $13.7M ($0.81 EPS), flat QoQ, up from $0.67 YoY; loan growth $155M

## Summary
- Net income of $13.7M or $0.81 diluted EPS, unchanged from prior quarter; up from $11.3M ($0.67) a year ago.
- Organic loan and lease growth of $155M (14% annualized QoQ); deposit growth ex-brokered $95M (7% annualized).
- Net interest margin (FTE) expanded to 3.48% from 3.38% prior quarter, driven by lower deposit costs.
- ACL model change increased allowance to 0.97% of loans; provision impacted EPS but expected to normalize in Q2.
- Nashville expansion with hires of Director of Private Banking and Wealth Management and additional commercial bankers.

## SEC filing metadata
- accession: 0001104659-26-045196
- form_type: 8-K
- ticker: SMBK
- cik: 0001038773
- company_name: SMARTFINANCIAL INC.
- filed_at: 2026-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1038773/000110465926045196/0001104659-26-045196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1038773/000110465926045196/smbk-20260420x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-045196
- JSON: https://secwatch.observer/filing/0001104659-26-045196.json
- Plain text: https://secwatch.observer/filing/0001104659-26-045196.txt

## Key facts
- Earnings Releases
  SMARTFINANCIAL INC. reported first quarter ending March 31, 2026 results: net income $13.7 million, EPS $0.81 per diluted common share.
  - Period: first quarter ending March 31, 2026
  - Net income: $13.7 million
  - EPS: $0.81 per diluted common share
  - Result: reported results
  source text: Results for the First Quarter 2026 ​ KNOXVILLE, TN – April 20, 2026 - SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $13.7 million, or $0.81 per diluted common share, for the first quarter of 2026, compared to net income of $11.3 million, or $0.67 per diluted common share, for the first quarter of 2025, and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1038773/000110465926045196/0001104659-26-045196-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.