SHARPE
Reported results
- Net income was $4.8 million and diluted earnings per share was $0.54
- Non-GAAP adjusted net income was $5.1 million and non-GAAP adjusted diluted earnings per share was $0.57
- Total revenue was $43.9 million, up 7% from the prior quarter
- Net interest margin was 2.47% and non-GAAP FTE net interest margin was 2.55%
- Net interest income was $34.7 million and non-GAAP FTE net interest income was $35.9 million
- Provision for credit losses was $11.6 million, down 13% from $13.4 million in the second quarter of 2026
Guidance
- Fourth quarter 2026 diluted earnings per share of $1.02 to $1.07
- Fourth quarter 2026 FTE net interest margin of 2.75% to 2.80%
- Fourth quarter 2026 FTE net interest income of around $38.5 million
- Fourth quarter 2026 noninterest income of around $7.5 million
- Fourth quarter 2026 noninterest expense of around $26.5 million
- Fourth quarter 2026 provision for credit losses of $7.5 million to $8.0 million
Notes
Regulatory capital ratios are preliminary pending filing of the Company’s regulatory reports.
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.