Using hdparm to benchmark the drive, I get about 33MB/s. Using ext4 over wired I am getting between 7-8 MB/s with smbd using 80-90% cpu.

This is still slower than I would expect. Any other ideas to make it faster?

Edit: I just noticed ‘without journaling’ - let me give that a shot.

Edit 2: I disabled journaling with tune2fs and tested again, pretty much same performance.