---
schema_version: "secwatch.filing_event.v1"
accession: "0001035092-26-000040"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2026-07-23T20:00:46+00:00"
generated_at: "2026-07-23T20:02:23.416085+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shore Bancshares Q2 net income $18.9M ($0.56 EPS), up 22% YoY; dividend raised 16.7%

## Summary
- 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.

## SEC filing metadata
- accession: 0001035092-26-000040
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2026-07-23T20:00:46+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000103509226000040/0001035092-26-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000103509226000040/shbi-20260723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035092-26-000040
- JSON: https://secwatch.observer/filing/0001035092-26-000040.json
- Plain text: https://secwatch.observer/filing/0001035092-26-000040.txt

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