Shore Bancshares Q3 net income $11.2M ($0.34 EPS); NIM rises to 3.17%

SHORE BANCSHARES INC

2024-Q3 EPS reported $0.92 revenue$14,701,000

Q3 net income $11.2M vs net loss $9.7M a year ago; diluted EPS $0.34.
Net interest income $43.3M, up $1.1M QoQ; NIM +6 bps to 3.17%.
Total deposits $5.23B, up from $5.15B at June 30; wholesale funding minimal.
Nonperforming assets stable at 0.27% of total assets; ACL 1.24% of loans.
Nine-month net income $30.6M ($0.92 EPS) vs $0.7M ($0.03) prior year.

This headline and bullets were generated automatically by deepseek-v4-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.