SHARPE
Reported results
- Q3 2026 net income available to common shareholders was $78.4 million, or $2.25 per diluted share (GAAP)
- Q3 2026 ROAA was 1.16% and ROCE was 14.0% (GAAP)
- Total deposits increased $831 million, or 3.8% in Q3 2026 from Q2 2026, to a period end record level of $22.6 billion
- Total loans increased $496 million, or 2.8% in Q3 2026 from Q2 2026, to a period end record level of $18.5 billion
- Net interest income increased $15 million, or 7.6% in Q3 2026 compared to Q2 2026 to $208 million
- Q3 2026 efficiency ratio was 47.2% compared to Q2 2026 efficiency ratio of 50.6%, a decline of approximately 340 basis points
Guidance
- Full-year 2026 loans guidance: 12%+
- Full-year 2026 deposits guidance: 9%+
- Full-year 2026 Net Interest Income guidance: $805 million - $810 million
- Full-year 2026 Non-interest Expense guidance: $460 million - $465 million
- Full-year 2026 Tax Rate guidance: 22% to 23%
Notes
Non-GAAP measures (core earnings, tangible common equity, etc.) are presented separately with reconciliations provided. Regulatory capital ratios as of September 30, 2026 are estimates. The company also reports non-GAAP core ROAA of 1.17% and core ROCE of 14.1% for Q3 2026.
Price and volatility reaction
The stock moved +7.4% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -8.0 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 78.73 | 2026-10-22 |
| Close after release | 84.54 | 2026-10-23 |
| Realised move | +7.4% | close to close |
| 30d ATM IV change | -8.0 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 2026-10-22 (8-K, Item 2.02). Read the original filing on sec.gov.