secwatch.observer — SEC 8-K summary
======================================

Issuer:     SHORE BANCSHARES INC (SHBI)
CIK:        0001035092
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001035092-26-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035092/000103509226000023/0001035092-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035092/000103509226000023/shbi-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001035092-26-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer