SHARPE
Reported results
- Net interest income was $227.5 million for the third quarter of 2026, compared to $229.1 million for the second quarter of 2026.
- Non-interest income was $32.6 million for the third quarter of 2026, compared to $35.7 million for the second quarter of 2026.
- Non-interest expenses were $130.2 million for the third quarter of 2026, compared to $127.3 million for the second quarter of 2026.
- Provision for credit losses was $14.6 million for the third quarter of 2026, compared to $17.3 million for the second quarter of 2026.
- Pre-tax, pre-provision income (Non-GAAP) was $129.9 million for the third quarter of 2026, compared to $137.5 million for the second quarter of 2026.
- Tangible book value per share (non-GAAP) was $12.15 as of September 30, 2026, compared to $12.68 as of June 30, 2026.
Price and volatility reaction
The stock moved -0.1% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -9.8 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 27.34 | 2026-10-21 |
| Close after release | 27.31 | 2026-10-22 |
| Realised move | -0.1% | close to close |
| 30d ATM IV change | -9.8 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.