SHARPE
Reported results
- Reported GAAP net income of $38.6 million, or $1.03 per share, for the three months ended September 30, 2026.
- GAAP annualized return on average assets was 1.83% for the third quarter of 2026.
- Non-GAAP return on average tangible common equity (ROATCE) was 19.29% for the third quarter of 2026.
- GAAP net interest margin was 4.42% for the third quarter of 2026, while non-GAAP core net interest margin was 4.26%.
- Non-GAAP efficiency ratio was 49.05% for the third quarter of 2026.
- GAAP non-interest expense totaled $53.1 million for the third quarter of 2026.
Price and volatility reaction
The stock moved -3.7% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +1.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 51.11 | 2026-10-26 |
| Close after release | 49.2 | 2026-10-27 |
| Realised move | -3.7% | close to close |
| 30d ATM IV change | +1.6 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 2026-10-26 (8-K, Item 2.02). Read the original filing on sec.gov.