SHARPE
Reported results
- Total revenue increased 24% year-over-year to $87.5 million for the third quarter of 2026.
- Net interest income increased 33% year-over-year to $67.5 million for the third quarter of 2026.
- Net interest margin expanded to 3.34% for the third quarter of 2026, compared to 2.81% for the third quarter of 2025.
- The GAAP efficiency ratio was 63.03% for the third quarter of 2026, compared to 73.98% for the third quarter of 2025.
- The non-GAAP efficiency ratio was 62.31% for the third quarter of 2026, compared to 73.73% for the third quarter of 2025.
- Total loans reached $7.1 billion and total deposits reached $7.4 billion as of September 30, 2026.
Price and volatility reaction
The stock moved +0.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +42.9 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 45.91 | 2026-10-27 |
| Close after release | 46.17 | 2026-10-28 |
| Realised move | +0.6% | close to close |
| 30d ATM IV change | +42.9 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 2026-10-27 (8-K, Item 2.02). Read the original filing on sec.gov.