SHARPE
Reported results
- Net income (GAAP) was $16,285,000, or $0.92 per diluted share for Q3 2026, compared to $14,057,000, or $0.79 per diluted share for Q2 2026 and $6,551,000, or $0.42 per diluted share for Q3 2025.
- Pre-tax, pre-provision net revenue (non-GAAP) was $17,464,000 for Q3 2026, up from $15,815,000 for Q2 2026 and $11,278,000 for Q3 2025.
- Net interest income was $30,205,000 in Q3 2026, up $587,000 from Q2 2026; net interest margin expanded 6 basis points to 4.13% from 4.07%.
- Credit for credit losses (reduction in expense) was $3,171,000 in Q3 2026 and $1,846,000 in Q2 2026, including impact of changes in qualitative factors and reduction in loans receivable.
- Efficiency ratio (non-GAAP) improved to 56.11% for Q3 2026 from 60.12% for Q2 2026 and 62.14% for Q3 2025.
- Net charge-offs were $403,000, or 0.07% annualized of average loans receivable in Q3 2026, compared to net recoveries of $403,000, or 0.07% annualized, in Q2 2026.
Notes
The Susquehanna Community Financial, Inc. acquisition closed on October 1, 2025, and impacted Q3 2026 results. Nine-month 2026 net income was $30,615,000 ($1.72 per share) versus $18,961,000 ($1.22 per share) for nine months 2025. Total assets at September 30, 2026 were $3,150,204,000 versus $2,664,033,000 at September 30, 2025. On June 1, 2026, senior notes totaling $15,000,000 matured and were redeemed. All figures are unaudited.
Price and volatility reaction
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.