SHARPE
Reported results
- GAAP net income: $110.1 million or $1.36 per diluted share (Q3 2026) vs. $127.0 million or $1.55 per diluted share (Q2 2026)
- Non-GAAP adjusted net income: $134.1 million or $1.66 per diluted share (Q3 2026); Q3 2026 included a $30.4 million pretax charge ($0.30 per share) of supplemental disclosure items related to OFB acquisition
- Net interest income (TE): $314.9 million (Q3 2026), up $19.7 million or 7% from Q2 2026; net interest margin (TE): 3.61% (Q3 2026), up 5 basis points from Q2 2026
- Loans increased $2.0 billion to $26.5 billion (Q3 2026); deposits increased $2.5 billion to $32.2 billion (Q3 2026)
- Non-GAAP adjusted pre-provision net revenue (TE): $189.3 million (Q3 2026), up $11.2 million or 6% from Q2 2026
- Non-GAAP efficiency ratio: 54.46% (Q3 2026), down 85 basis points from 55.31% (Q2 2026)
Notes
Q3 2026 results include $30.4 million pretax charge ($0.30 per share) of supplemental disclosure items related to OFB Bancshares acquisition (closed August 1, 2026), including $1.0 million provision for unfunded commitments and $29.4 million acquisition expense. On an adjusted non-GAAP basis excluding these items, Q3 2026 EPS would have been $1.66, up $0.11 linked-quarter. No supplemental disclosure items were included in Q2 2026.
Price and volatility reaction
The stock moved -2.5% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 74.13 | 2026-10-20 |
| Close after release | 72.3 | 2026-10-21 |
| Realised move | -2.5% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-20 (8-K, Item 2.02). Read the original filing on sec.gov.