SHARPE
Reported results
- Diluted earnings per share was $2.00 for the third quarter of 2026, up 21.2% from $1.65 for the third quarter of 2025.
- Net income for the third quarter of 2026 was $28.7 million, up 21.0% from $23.7 million for the third quarter of 2025.
- Net interest income totaled $77.3 million for the third quarter of 2026, up 21.0% compared to $63.9 million for the third quarter of 2025.
- Noninterest income was $12.6 million for the third quarter of 2026, down 46.7% from $23.6 million for the third quarter of 2025.
- Non-GAAP tangible book value per share was $60.12 at September 30, 2026, compared to GAAP common equity book value per share of $65.19.
Notes
Prior-year third-quarter and year-to-date results included revenue and expenses from Tompkins Insurance Agencies, Inc., which was sold in the fourth quarter of 2025.
Price and volatility reaction
The stock moved +0.4% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -0.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 100.78 | 2026-10-22 |
| Close after release | 101.2 | 2026-10-23 |
| Realised move | +0.4% | close to close |
| 30d ATM IV change | -0.6 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.