SHARPE
Reported results
- Net earnings applicable to common shareholders: $262 million (GAAP), compared with $221 million in 3Q25
- Diluted EPS: $1.78 (GAAP), compared with $1.48 in 3Q25
- Net interest income: $684 million, up 2% from $672 million in 3Q25
- Return on average tangible common equity: 16.2% (non-GAAP) for 3Q26, compared with 16.0% in 3Q25
- Loans and leases: $62.5 billion, up 4% from $60.3 billion in 3Q25
- Total deposits: $77.9 billion, up 4% from $74.9 billion in 3Q25
Notes
The company completed the acquisition of Basis Multifamily Finance agency lending platform in July 2026, which added $229 million of goodwill and intangible assets. An accounting presentation change in Q1 2026 affected derivative asset/liability presentation on a net basis. The provision for credit losses was a benefit of $8 million in 3Q26 compared with an expense of $49 million in 3Q25.
Price and volatility reaction
The stock moved +2.3% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -5.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 63.14 | 2026-10-19 |
| Close after release | 64.59 | 2026-10-20 |
| Realised move | +2.3% | close to close |
| 30d ATM IV change | -5.6 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 2026-10-19 (8-K, Item 2.02). Read the original filing on sec.gov.