Key Highlights

  • Slide Insurance raised full-year net income guidance to $500 million to $520 million from $455 million to $470 million with results released on Tuesday, October 27.
  • Galaxy Digital reported third-quarter diluted EPS of $0.66 and adjusted EBITDA of $454.7 million, against a loss of $77.3 million in the second quarter.
  • Euronet Worldwide lowered its 2026 outlook to adjusted EPS growth of about 10%, from the 10% to 15% it reiterated on July 30.
  • Artisan Partners raised its variable dividend to $0.88 from $0.80 despite net outflows of $10.558 billion.
  • BrightSpire Capital reported GAAP EPS of $0.37 against distributable earnings of $0.08, while Seven Hills Realty Trust earned $0.36 per share.

Which Non-Bank Financial Companies Reported Earnings on October 27, and What Did the Results Show?

Six financial and real estate credit names reported on Tuesday, October 27, 2026, and their results diverged sharply. Galaxy Digital (NASDAQ:GLXY) posted diluted EPS of $0.66 and net income of $322.8 million as its Helios data center business began contributing. Slide Insurance (NASDAQ:SLDE) raised its full-year net income guidance to $500 million to $520 million, while Euronet Worldwide (NASDAQ:EEFT) lowered its 2026 outlook after Cross-Border Payments weakened. Artisan Partners Asset Management (NYSE:APAM) lifted its dividend to $0.88 despite net outflows of $10.558 billion, Seven Hills Realty Trust (NASDAQ:SEVN) earned $0.36 per share on a Dallas office loan payoff, and BrightSpire Capital (NYSE:BRSP) reported GAAP EPS of $0.37 against distributable earnings of $0.08.

The group spans crypto and data centers, residential insurance, payments, active asset management and two commercial real estate lenders. Slide released after the close, and several calls were set for Wednesday, October 28.

Galaxy Digital: How Did Helios Turn a Second-Quarter Loss Into $0.66 per Share?

Galaxy reported third-quarter net income of $322.8 million, or $0.66 per diluted share, against $505.1 million and $1.01 a year earlier. Adjusted EBITDA reached $454.7 million after a loss of $77.3 million in the second quarter.

Data center leasing revenue was $79.1 million in the first full quarter of Helios Phase I revenue, with all 133 megawatts delivered to CoreWeave (NASDAQ:CRWV). Phase II is financed, with halls starting in the second quarter of 2027, and 830 megawatts at Helios II remain unleased. Cash, stablecoins and Treasuries were $4.9 billion, notes payable were about $6.7 billion, and a new buyback of up to $200 million was authorized on October 26. No numerical guidance was given.

Slide Insurance: Did Higher Guidance Outweigh a 59.3% Combined Ratio?

Slide, a residential property insurer, reported third-quarter net income of $138.2 million, up 24.5%, with diluted EPS of $1.09 versus $0.79. As screened, the estimate was $0.84. Revenue rose 35.9% to $361.1 million and gross premiums written grew 9.3% to $506.6 million, while the combined ratio rose to 59.3% from 48.5% on $34.2 million of catastrophe losses.

Full-year net income guidance rose to $500 million to $520 million from $455 million to $470 million, and it includes up to $50 million of pre-tax Hurricane Isaias losses expected in the fourth quarter. The board declared a $0.07 quarterly dividend and a $1.50 special dividend, both payable November 30 to holders of record on November 23. No shares were repurchased in the quarter, and $114.1 million remains under the program.

Euronet Worldwide: Why Was the 2026 Outlook Cut?

Euronet, which runs ATM and merchant payments networks, prepaid digital content distribution and money transfer services, reported adjusted EPS of $3.55 for the third quarter, down from $3.62, with GAAP diluted EPS of $2.53 versus $2.75. As screened, the estimate was $3.69. It now expects 2026 adjusted EPS growth of about 10%, revenue of about $4.375 billion and adjusted EBITDA of about $725 million.

Cross-Border Payments revenue fell 5% to $431.0 million and operating income dropped 37% to $37.3 million, pressure the company tied to U.S. immigration policy and economic uncertainty. Euronet bought back about 690,000 shares for $50 million, and total debt fell $476.7 million to $2,177.3 million.

Artisan Partners: How Did the Dividend Rise Despite $10.558 Billion of Outflows?

Artisan, an active manager of equity and credit strategies, reported adjusted EPS of $1.03 versus $1.02 and GAAP EPS of $1.04 versus $0.93, on revenue up 3.7% to $312.5 million. The variable dividend rose to $0.88 from $0.80, payable November 30 to holders of record on November 16.

Net outflows were $10.558 billion, with Global Value at $6.401 billion and one client's rebalancing accounting for $5.9 billion. Ending assets under management were $168.744 billion, down from $183.389 billion at the start of the quarter. The adjusted operating margin slipped to 35.5% from 36.2%.

Seven Hills Realty Trust: Did the Dallas Payoff Change the Quarter?

Seven Hills, an externally managed originator of floating-rate commercial real estate first mortgages, reported net income of $8.052 million, or $0.36 per share, versus $0.23. As screened, the estimate was $0.26. Distributable earnings were $0.17 per share, or $0.24 excluding a $1.5 million realized loss on the Dallas office loan, which was repaid at 97% of par.

The quarter included a $3.6 million reversal of credit losses. The trust closed three loans with $122.3 million of commitments and has $121.7 million more in diligence. Office fell to 13% of the portfolio from 19%, book value per share was $14.13, and a $0.28 distribution is expected around November 12.

BrightSpire Capital: Why Was GAAP EPS $0.37 Against $0.08 of Distributable Earnings?

BrightSpire, a commercial real estate credit REIT, reported GAAP net income to common of $46.9 million, or $0.37 per share, helped by $60.3 million of gains on sales. Adjusted distributable earnings were $0.14 per share, matching the screened estimate. The company sold triple net lease industrial assets for $300 million gross, with the buyer assuming a $200 million mortgage.

The watchlist rose 38% to $187 million. BrightSpire repurchased 2.1 million shares for $9.9 million at a blended $4.81. The $0.16 dividend paid October 14 exceeds adjusted distributable earnings by $0.02 per share (calculated).

Non-Bank Financial Earnings Compared: Who Grew, Who Cut and Who Returned Capital?

Calculated from the reported figures, Slide's diluted EPS rose about 38% year on year ($1.09 versus $0.79) and Seven Hills' rose about 57% ($0.36 versus $0.23). Artisan's adjusted EPS rose about 1% ($1.03 versus $1.02), Euronet's adjusted EPS fell about 2% ($3.55 versus $3.62) and Galaxy's diluted EPS fell about 35% ($0.66 versus $1.01). At the two lenders, GAAP EPS ran above distributable earnings by $0.29 at BrightSpire ($0.37 versus $0.08) and $0.19 at Seven Hills ($0.36 versus $0.17), both calculated.

Guidance moved in opposite directions. Slide's net income midpoint rose $47.5 million, or about 10.3%, to $510 million from $462.5 million (calculated), while Euronet's adjusted EPS growth outlook fell at its midpoint to about 10% from 12.5% (calculated from the 10% to 15% range). Capital return also differed in form: Slide's $1.50 special and $0.07 regular dividends, Artisan's $0.88 payout, Seven Hills' $0.28 distribution and BrightSpire's $0.16 dividend contrast with buybacks of $50 million at Euronet and $9.9 million at BrightSpire, and Galaxy's new authorization of up to $200 million.

What to Watch Next: Hurricane Isaias Losses, Helios II Tenants and the November Payout Dates

Calls for Slide, Artisan, Seven Hills and BrightSpire were scheduled for Wednesday, October 28. Seven Hills is expected to pay its distribution around November 12, Artisan's record date is November 16, Slide's record date is November 23 and both pay November 30. Slide must absorb up to $50 million of Hurricane Isaias losses in the fourth quarter. Galaxy's Phase II halls begin delivery in the second quarter of 2027, with a tenant for Helios II still open.