SHARPE
Reported results
- Net income (GAAP) was $64 million for Q3 2026, compared to $57 million for Q2 2026 and $42 million for Q3 2025.
- Diluted earnings per share (GAAP) was $2.96 for Q3 2026, compared to $2.62 for Q2 2026 and $2.73 for Q3 2025.
- Core net income (non-GAAP) was $68 million for Q3 2026, compared to $65 million for Q2 2026 and $41 million for Q3 2025.
- Core diluted earnings per common share (non-GAAP) was $3.15 for Q3 2026, compared to $2.99 for Q2 2026 and $2.66 for Q3 2025.
- Net interest margin expanded to 4.19% for Q3 2026 from 4.14% for Q2 2026 and 3.86% for Q3 2025.
- Core deposits increased $223 million in Q3 2026; company completed MidWestOne integration and core systems conversion, divested Denver branches on July 28, 2026, and repurchased $40 million in common stock.
Notes
MidWestOne acquisition closed February 13, 2026, adding $6.1 billion in assets, $4.4 billion in loans, and $5.3 billion in deposits. Q3 2026 net income included non-core merger-related expenses of $4.6 million pretax ($0.19 per diluted share). Denver branch divestiture completed July 28, 2026. Company expects cleaner Q4 2026 results.
Price and volatility reaction
The stock moved +0.7% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 164.61 | 2026-10-20 |
| Close after release | 165.73 | 2026-10-21 |
| Realised move | +0.7% | 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.