SHARPE
Reported results
- Net income of $32.4 million, or $2.58 diluted EPS (GAAP), compared to $19.2 million or $1.54 diluted EPS for Q2 2026 and $7.1 million or $0.67 diluted EPS for Q3 2025
- Net interest income of $97.6 million, an increase of $7.2 million (7.9%) from Q2 2026 and $20.3 million (26.3%) from Q3 2025
- Net interest margin of 4.36% (annualized), an increase of 28 basis points from Q2 2026 and 48 basis points from Q3 2025
- Total loans of $7.5 billion at September 30, 2026, an increase of $205.0 million (2.8%) from June 30, 2026 and $752.2 million (11.1%) from September 30, 2025
- Total deposits of $8.3 billion at September 30, 2026, an increase of $589.1 million (7.6%) from June 30, 2026 and $1.2 billion (17.6%) from September 30, 2025
- Return on average equity (annualized) of 13.1% and return on average tangible common equity (non-GAAP, annualized) of 13.2% for Q3 2026
Notes
The document notes enhancements made to the Bank’s allowance for credit loss estimation process implemented in Q1 2026. Board declared a quarterly cash dividend of $0.40 per share on October 19, 2026. The Company completed a follow-on public equity offering of common stock in Q1 2026.
Price and volatility reaction
The stock moved +3.0% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 88.87 | 2026-10-20 |
| Close after release | 91.5 | 2026-10-21 |
| Realised move | +3.0% | 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.