SHARPE
Reported results
- Net income was $129.6 million for the three months ended September 30, 2026, an increase of 15.4% compared to $112.4 million for the three months ended September 30, 2025.
- Diluted earnings per share was $2.25 for the three months ended September 30, 2026, up 16.0% compared to $1.94 for the three months ended September 30, 2025.
- Adjusted earnings (Non-GAAP) was $134.8 million for the three months ended September 30, 2026, an increase of 12.0% compared to $120.4 million for the three months ended September 30, 2025.
- Adjusted EPS (Non-GAAP) was $2.34 for the three months ended September 30, 2026, an increase of 13.0% compared to $2.07 for the three months ended September 30, 2025.
- Net interest income was $331,256 thousand for the three months ended September 30, 2026, up 13.8% from $291,050 thousand for the three months ended September 30, 2025.
- Tangible book value per common share (Non-GAAP) was $52.68 at September 30, 2026, compared to $45.22 at September 30, 2025.
Price and volatility reaction
The stock moved -2.3% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -7.5 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 92.55 | 2026-10-29 |
| Close after release | 90.38 | 2026-10-30 |
| Realised move | -2.3% | close to close |
| 30d ATM IV change | -7.5 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.