Reported results
- Net income was $24.3 million, or $0.84 per diluted share, for the third quarter of 2026.
- Net interest margin was 4.07% for the third quarter of 2026.
- Efficiency ratio was 41.81% for the third quarter of 2026.
- Non-GAAP operating efficiency ratio was 41.56% for the third quarter of 2026.
- Non-GAAP tangible book value per share was $17.94 at September 30, 2026.
- Total assets were $4.60 billion at September 30, 2026.
Price and volatility reaction
The stock moved +1.8% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +2.2 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 35.74 | 2026-10-23 |
| Close after release | 36.38 | 2026-10-26 |
| Realised move | +1.8% | close to close |
| 30d ATM IV change | +2.2 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 2026-10-23 (8-K, Item 2.02). Read the original filing on sec.gov.
