Reported results
- Net income was $104.6 million for Q3 2026, an increase of $36.7 million or 54% from Q3 2025 net income of $67.9 million (GAAP).
- Diluted earnings per share was $0.80 for Q3 2026, an increase of $0.23 per share or 40% from Q3 2025 diluted earnings per share of $0.57 (GAAP).
- Operating diluted earnings per share was $0.81 for Q3 2026, an increase of $0.19 per share or 31% from Q3 2025 operating diluted earnings per share of $0.62 (non-GAAP).
- Net interest income was $289.9 million for Q3 2026, an increase of $64.5 million or 29% from Q3 2025 net interest income of $225.4 million.
- Net interest margin on a tax-equivalent basis was 4.01% for Q3 2026, an increase of 62 basis points from Q3 2025 net interest margin of 3.39%.
- Total deposits were $25.273 billion at September 30, 2026, an increase of $3.402 billion or 16% from September 30, 2025.
Notes
The release notes that Guaranty Bank & Trust was acquired on October 1, 2025, with total assets of $3.357 billion. Q3 2026 results included $1.9 million of compensation from acquisition-related employment agreements and $844 thousand of gains from the sale of former branch facilities. Loan portfolio reclassifications occurred in Q1 2026 in connection with Guaranty core system conversion, with approximately $236 million reclassified from residential loans, primarily to commercial real estate loans.
Price and volatility reaction
The stock moved +4.0% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -14.1 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 45.99 | 2026-10-22 |
| Close after release | 47.81 | 2026-10-23 |
| Realised move | +4.0% | close to close |
| 30d ATM IV change | -14.1 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 2026-10-22 (8-K, Item 2.02). Read the original filing on sec.gov.
