Shore Bancshares Reports Record Net Income of $17.1M for Q1 2026

SHORE BANCSHARES INC

2026-Q1 EPS reported $0.51 revenue$5,389,000

Net income of $17.1 million ($0.51 per diluted share) vs $15.9M in Q4 2025 and $13.8M in Q1 2025.
Net interest margin expanded 21 bps to 3.64% from Q4 2025; net interest income up $2.4M to $52.6M.
Return on average assets (ROAA) improved to 1.12% from 1.02% in Q4 2025.
Nonperforming assets increased to 1.10% of total assets from 0.69% at year-end 2025.
Book value per share rose to $18.02 from $17.65 at December 31, 2025.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SHORE BANCSHARES INC reported for the three months ended March 31, 2026 results: net income $17.1 million, EPS $0.51 per diluted common share.

Period: for the three months ended March 31, 2026
Net income: $17.1 million
EPS: $0.51 per diluted common share
Result: reported results

Exact text from the filing

Shore Bancshares, Inc. Reports 2026 First Quarter Results Easton, Maryland (April 23, 2026) – Shore Bancshares, Inc. (NASDAQ – SHBI) (the “Company” or “Shore Bancshares”), the holding company for Shore United Bank, N.A. (the “Bank”), reported record net income for the first quarter of 2026 of $17.1 million, or $0.51 per diluted common share, compared to net income of $15.9 million, or $0.48 per diluted common share, for the fourth quarter of 2025, and net income of $13.8 million, or $0.41 per diluted common share, for the first quarter of 2025.

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Source: SEC EDGAR

accession 0001035092-26-000023

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