PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Smart Financial

Houston, TX · Charter 67927

NCUA · 12 branches

Q2 2026

$807.5MAssets
$586.1MLoans
$700.6MShares
$95.6MNet Worth

Executive Summary

  • Earnings: ROA of 1.20%, up 55 bps year over year; NIM at 4.66%.
  • Asset quality: problem loans at 1.16% of loans (-3 bps YoY).
  • Capital: net worth / assets of 11.84%, up 101 bps from a year ago.
  • Funding: loans stand at 83.65% of shares as of Q2 2026.

Return on Assets (quarter, annualized)

1.20%+55 bps YoY

Net Interest Margin (quarter, annualized)

4.66%+55 bps YoY

Efficiency Ratio (quarter, annualized)

72.55%-523 bps YoY

Net Worth / Assets

11.84%+101 bps YoY

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.39%0.26%0.73%0.65%0.70%0.93%1.40%1.20%+55 bps
Return on Equity3.85%2.44%6.81%6.00%6.30%8.21%12.02%10.15%+414 bps
Net Interest Margin3.37%3.73%3.95%4.12%4.13%4.20%4.63%4.66%+55 bps
Efficiency Ratio86.90%88.11%77.77%77.78%77.16%70.90%68.56%72.55%-523 bps
Growth
Asset Growth (YoY)-8.57%-7.87%-9.41%-5.91%-5.11%2.57%0.45%0.65%+656 bps
Loan Growth (YoY)1.19%3.36%4.73%6.26%6.35%3.86%6.63%3.33%-293 bps
Share Growth (YoY)-6.17%-5.07%-2.12%-0.24%1.03%2.20%0.13%0.41%+65 bps
Asset Quality
Delinquent Loans / Loans1.28%1.86%1.20%1.20%1.58%1.96%1.00%1.16%-3 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital10.17%10.76%10.69%10.83%11.06%11.29%11.61%11.84%+101 bps
Net Worth / Assets10.17%10.76%10.69%10.83%11.06%11.29%11.61%11.84%+101 bps
Liquidity & Funding
Loans / Shares77.29%80.21%78.23%81.29%81.36%81.52%83.32%83.65%+236 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps