secwatch.observer — SEC 8-K summary
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Issuer:     SHORE BANCSHARES INC (SHBI)
CIK:        0001035092
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0001035092-26-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shore Bancshares Q4 net income $15.9M ($0.48 EPS); NIM expands to 3.43%, but NPAs rise to 0.69%
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- Q4 net income $15.9M ($0.48 diluted EPS) vs $14.3M ($0.43) in Q3 2025 and $13.3M ($0.40) in Q4 2024.
- Full-year 2025 net income $59.5M, up 36% from $43.9M in 2024; net interest margin improved to 3.36% from 3.10%.
- Nonperforming assets 0.69% of total assets at Dec 31, 2025, up from 0.45% at Sep 30, 2025 and 0.40% at Dec 31, 2024.
- Q4 provision for credit losses $2.8M; net charge-offs $3.6M driven by a large CRE loan write-down.
- Board revises dividend schedule to consider declarations in Feb/May/Aug/Nov with payment the following month.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035092/000103509226000006/0001035092-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035092/000103509226000006/shbi-20260128.htm
  HTML page:      https://secwatch.observer/filing/0001035092-26-000006

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