SHARPE
Reported results
- Net income (GAAP) of $18.6 million, or $1.10 per diluted common share, for Q3 2026, compared to $13.7 million, or $0.81 per diluted common share, for Q3 2025
- Operating earnings (non-GAAP) of $18.6 million, or $1.10 per diluted common share, for Q3 2026
- Net interest income (GAAP) of $49.4 million for Q3 2026, compared to $48.1 million for Q2 2026
- Tax equivalent net interest margin (GAAP) of 3.45% for Q3 2026, down from 3.52% for Q2 2026
- Allowance for credit losses to total loans and leases of 0.94% as of September 30, 2026, compared to 0.97% as of June 30, 2026
- Total assets of $6.32 billion at September 30, 2026, compared to $5.86 billion at December 31, 2025
Notes
Q3 2026 results included a $2.6 million tax benefit recognized in connection with the purchase of transferable energy tax credits. Nonoperating items excluded from operating earnings (non-GAAP) include securities gains/losses and restructuring expenses. The release presents both GAAP and non-GAAP measures.
Price and volatility reaction
The stock moved -0.8% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 50.51 | 2026-10-19 |
| Close after release | 50.12 | 2026-10-20 |
| Realised move | -0.8% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-19 (8-K, Item 2.02). Read the original filing on sec.gov.