SHARPE
Reported results
- Net income was $62.2 million, or $0.65 per diluted share (GAAP), compared to $83.9 million, or $0.87 per diluted share in Q2 2026 and $71.4 million, or $0.69 per diluted share in Q3 2025.
- Net interest income was $206.2 million (GAAP) for Q3 2026, compared to $202.2 million in Q2 2026 and $206.8 million in Q3 2025.
- Net interest margin increased to 3.53% for Q3 2026, up 8 basis points from 3.45% in Q2 2026 and up 19 basis points from 3.34% in Q3 2025.
- Non-performing assets decreased $10.0 million to $155.0 million as of September 30, 2026, down 6.1% from $165.0 million as of June 30, 2026.
- Total deposits decreased $52.8 million to $21,388.5 million as of September 30, 2026, compared to $21,441.3 million as of June 30, 2026.
- The Company repurchased approximately 2.04 million shares for $76.3 million during Q3 2026, with $103.4 million remaining available under the $450.0 million authorized repurchase program.
Notes
Q2 2026 includes a $19.5 million gain related to the sale of eleven Nebraska branches. Provision for credit losses was $10.5 million in Q3 2026 compared to a reduction of $3.2 million in Q2 2026. Board declared dividend of $0.47 per common share on October 21, 2026, payable November 13, 2026.
Price and volatility reaction
The stock moved -0.3% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -2.4 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 36.88 | 2026-10-22 |
| Close after release | 36.78 | 2026-10-23 |
| Realised move | -0.3% | close to close |
| 30d ATM IV change | -2.4 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.