SHARPE
Reported results
- Net income was $63.7 million, or $0.52 per diluted share, for the third quarter of 2026.
- Net interest income was $174.1 million for the third quarter of 2026.
- Provision for credit losses was $20.3 million for the third quarter of 2026.
- Noninterest expense was $160.0 million in the third quarter of 2026, which included $6.7 million of merger-related costs.
- Return on average tangible stockholders’ equity (non-GAAP) was 13.67% for the third quarter of 2026.
- Tangible book value per share (non-GAAP) was $14.97 as of September 30, 2026.
Notes
Third quarter 2026 results included a $24.3 million noninterest expense and a $31.0 million income tax benefit from an agreement to settle tax liabilities resulting from the 2016 corporate reorganization.
Price and volatility reaction
The stock moved -3.0% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -38.1 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 26.13 | 2026-10-22 |
| Close after release | 25.34 | 2026-10-23 |
| Realised move | -3.0% | close to close |
| 30d ATM IV change | -38.1 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 2026-10-23 (8-K, Item 2.02). Read the original filing on sec.gov.