---
schema_version: "secwatch.filing_event.v1"
accession: "0001035092-26-000058"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2026-10-22T20:01:23+00:00"
generated_at: "2026-10-22T20:02:08.190167+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001035092-26-000058
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2026-10-22T20:01:23+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000103509226000058/0001035092-26-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000103509226000058/shbi-20261022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035092-26-000058
- JSON: https://secwatch.observer/filing/0001035092-26-000058.json
- Plain text: https://secwatch.observer/filing/0001035092-26-000058.txt

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