earnings
confidence high
sentiment positive
materiality 0.75
Shore Bancshares Q2 net income $18.9M ($0.56 EPS), up 22% YoY; dividend raised 16.7%
SHORE BANCSHARES INC
- Net income $18.9M ($0.56 diluted EPS) vs $15.5M ($0.46) in Q2 2025; net interest income $52.9M, NIM 3.70%.
- Quarterly dividend raised 16.7% to $0.14/share; $30M share repurchase program announced, $891k repurchased in Q2.
- Nonperforming assets 1.09% of total assets, up from 0.33% YoY; three large loans ($44.4M) drive NPA increase.
- Efficiency ratio improved to 57.76% from 61.97% QoQ; ROAA 1.24% (adjusted 1.34%).
- Book value per share $18.44, up from $18.02 QoQ; total assets $6.15B, deposits $5.40B.