SHARPE
Reported results
- GAAP net income increased to $89.7 million in Q3 2026 from $81.8 million in Q2 2026
- GAAP diluted earnings per share increased to $1.90 in Q3 2026 from $1.70 in Q2 2026
- GAAP return on average assets was 1.42% in Q3 2026 compared to 1.34% in Q2 2026
- Non-GAAP return on average tangible common equity was 15.43% in Q3 2026 compared to 14.05% in Q2 2026
- Net interest income increased $9.7 million to $220.7 million in Q3 2026 from $210.9 million in Q2 2026
- Total loans increased $158.2 million, or 0.9%, to $18.6 billion at September 30, 2026
Notes
The release includes non-GAAP measures including adjusted net interest margin (3.76%), tangible book value per share ($47.89), tangible common equity ratio (9.44%), and operating net income. Q3 2026 results included $2.2 million in one-time expenses associated with a core conversion. Nonperforming loans increased to $125.7 million (0.68% of total loans) at September 30, 2026 from $103.6 million (0.56%) at June 30, 2026.
Price and volatility reaction
The stock moved +3.6% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 77.08 | 2026-10-15 |
| Close after release | 79.88 | 2026-10-16 |
| Realised move | +3.6% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-15 (8-K, Item 2.02). Read the original filing on sec.gov.