---
schema_version: "secwatch.filing_event.v1"
accession: "0001035092-25-000017"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:24:55.621827+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shore Bancshares Q3 net income $14.3M ($0.43 EPS) down from Q2; NIM expands to 3.42%

## Summary
- Net income of $14.3M ($0.43 diluted EPS) vs $15.5M ($0.46) in Q2 2025 and $11.2M ($0.34) in Q3 2024.
- Net interest income rose $1.4M QoQ to $48.7M; net interest margin expanded 7 bps to 3.42%.
- Provision for credit losses doubled to $3.0M in Q3 2025 from $1.5M in Q2, driven by a large marine loan write-off.
- Nonperforming assets increased to 0.45% of total assets from 0.33% in Q2; classified assets rose to 0.83% from 0.37%.
- Book value per share increased to $17.27 from $16.94 in Q2; tangible common equity ratio improved to 7.80%.

## SEC filing metadata
- accession: 0001035092-25-000017
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000103509225000017/0001035092-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000103509225000017/shbi-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035092-25-000017
- JSON: https://secwatch.observer/filing/0001035092-25-000017.json
- Plain text: https://secwatch.observer/filing/0001035092-25-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.