Reported results
- Net income was $31.1 million for the third quarter of 2026, an increase of 4% compared to $29.7 million for the third quarter of 2025.
- Diluted Earnings per Class A Common Share (“Diluted EPS”) was $1.59 for the third quarter of 2026, an increase of 5% compared to $1.52 for the third quarter of 2025.
- Return on average assets (“ROA”) was 1.74% for the third quarter of 2026 compared to 1.69% for the third quarter of 2025.
- Return on average equity (“ROE”) was 10.48% for the third quarter of 2026 compared to 10.91% for the third quarter of 2025.
- Income Before Income Tax Expense was $39,633 thousand for the third quarter of 2026, up 5% from $37,762 thousand for the third quarter of 2025.
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. 30-day ATM implied volatility moved +0.3 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 92.2 | 2026-10-22 |
| Close after release | 91.6 | 2026-10-23 |
| Realised move | -0.7% | close to close |
| 30d ATM IV change | +0.3 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.
