Shore Bancshares Q3 EPS $0.50 vs $0.56 in Q2; provision jumps to $5.3M on multifamily charge-off

SHORE BANCSHARES INC

Net income $16.8M, or $0.50 per diluted share, vs $18.9M/$0.56 in Q2 2026 and $14.3M/$0.43 in Q3 2025.
Provision for credit losses $5.3M vs $896K in Q2; net charge-offs $4.8M vs $123K, driven by a partial multifamily loan write-off.
Nonperforming assets $81.8M, or 1.27% of total assets, up from 1.09% at June 30 and 0.45% a year earlier; includes three loans totaling $48.2M.
NIM 3.78%, up 8 bps QoQ; PTPP $27.5M, up 5.6%; efficiency ratio 56.15% vs 57.76% in Q2.
Declared $0.14 per share dividend and repurchased 148,006 shares for about $3.4M; book value per share $18.59 vs $18.44 at June 30.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.