SHARPE
Reported results
- Net income was $46.0 million, or $0.20 per diluted share, for the third quarter of 2026.
- Total assets were $20.9 billion and total deposits were $18.0 billion as of September 30, 2026.
- Net interest income was $174.9 million for the third quarter of 2026.
- Noninterest expense was $114.2 million for the third quarter of 2026.
- Book value per share was $11.59, and non-GAAP tangible book value per share was $7.05 at September 30, 2026.
- Efficiency ratio was 70.7%, and non-GAAP efficiency ratio was 66.4% for the third quarter of 2026.
Notes
Financial results for the quarter and nine months ended September 30, 2025 were recast to reflect the adoption of ASU 2025-08, and share metrics prior to September 2, 2025 were retrospectively restated to reflect the HomeStreet merger.
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 -7.8 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 14.94 | 2026-10-28 |
| Close after release | 14.67 | 2026-10-29 |
| Realised move | -1.8% | close to close |
| 30d ATM IV change | -7.8 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 2026-10-28 (8-K, Item 2.02). Read the original filing on sec.gov.