SHARPE
Reported results
- Net income for Q3 2026 was $239.1 million, or $3.37 per diluted common share (GAAP), compared to $233.7 million, or $3.30 per diluted common share (GAAP), for Q2 2026.
- Pre-tax, pre-provision income (non-GAAP) for the nine months ended September 30, 2026 totaled $1.0 billion, compared to $884.1 million for the same period of 2025.
- Net interest income increased to $621.6 million in Q3 2026 from $597.4 million in Q2 2026; net interest margin (GAAP) was 3.49% in Q3 2026 compared to 3.50% in Q2 2026.
- Total loans increased by $1.1 billion, or 8% annualized, in Q3 2026; total deposits increased by $1.3 billion, or 8% annualized.
- Non-performing loans totaled $176.9 million and comprised 0.31% of total loans at September 30, 2026, compared to $179.3 million and 0.32% of total loans at June 30, 2026.
- Allowance for credit losses totaled $486.1 million as of September 30, 2026, with provision for credit losses of $25.9 million in Q3 2026.
Notes
On September 1, 2026, the Company completed its purchase of a guardianship services business with approximately $1.2 billion in assets under management and preliminarily recorded goodwill of approximately $7.5 million; initial purchase accounting is subject to change in accordance with GAAP.
Price and volatility reaction
The stock moved +2.7% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 142.44 | 2026-10-19 |
| Close after release | 146.28 | 2026-10-20 |
| Realised move | +2.7% | 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.