$SMBC 8-K earnings — Q4 FY26

EPS of $1.83 beat consensus by $0.12 (7.0%), driven by higher net interest income and lower noninterest expense. Revenue quality is solid with NIM expanding to 3.67% and loan growth of 7.1% YoY, though PCL jumped $1.1M linked-quarter to $3.2M. The key nuance: EPS included a $603K nonaccrual interest reversal that trimmed NIM by ~5bps, masking even stronger core net interest income momentum.

EPS of $1.83 beat consensus by $0.12 (7.0%), driven by higher net interest income and lower noninterest expense. Revenue quality is solid with NIM expanding to 3.67% and loan growth of 7.1% YoY, though PCL jumped $1.1M linked-quarter to $3.2M. The key nuance: EPS included a $603K nonaccrual interest reversal that trimmed NIM by ~5bps, masking even stronger core net interest income momentum.