SHBI SHORE BANCSHARES INC

CIK 0001035092 50 ready 8-Ks latest April 23, 2026, 7:59 PM ET RSS · JSON

Activity: NORMAL 1 filings / 30d vs 1 baseline Risk accumulating: repeated leadership change (2)

Ready 8-Ks 50

Latest filing June 16, 2026, 8:00 AM ET

Top materiality 0.85

Event mix earnings ×14 · other_material ×13 · dividend ×10

Sentiment 9 pos · 6 neg · 35 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for SHBI

Highest-materiality recent filing

Shore Bancshares Reports Record Net Income of $17.1M for Q1 2026

April 23, 2026, 7:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01 ◈ Earnings Releases

Net income of $17.1 million ($0.51 per diluted share) vs $15.9M in Q4 2025 and $13.8M in Q1 2025.
Net interest margin expanded 21 bps to 3.64% from Q4 2025; net interest income up $2.4M to $52.6M.

Read filing →

April 23, 2026, 7:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01 ◈ Earnings Releases

Shore Bancshares Reports Record Net Income of $17.1M for Q1 2026

Net income of $17.1 million ($0.51 per diluted share) vs $15.9M in Q4 2025 and $13.8M in Q1 2025.
January 28, 2026, 6:59 PM ET earnings materiality 0.75 neutral item 2.02 item 9.01

Shore Bancshares Q4 net income $15.9M ($0.48 EPS); NIM expands to 3.43%, but NPAs rise to 0.69%

Q4 net income $15.9M ($0.48 diluted EPS) vs $14.3M ($0.43) in Q3 2025 and $13.3M ($0.40) in Q4 2024.
November 13, 2025, 6:59 PM ET debt materiality 0.60 neutral item 1.01 item 2.03 item 7.01 item 9.01 ◈ Debt Financings

Shore Bancshares completes $60M subordinated notes offering at 6.25% fixed rate

$60M aggregate principal of 6.25% Fixed to Floating Rate Subordinated Notes due 2035 issued.
October 23, 2025, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

Shore Bancshares Q3 net income $14.3M ($0.43 EPS) down from Q2; NIM expands to 3.42%

Net income of $14.3M ($0.43 diluted EPS) vs $15.5M ($0.46) in Q2 2025 and $11.2M ($0.34) in Q3 2024.
July 24, 2025, 7:59 PM ET earnings materiality 0.65 positive item 2.02 item 9.01

Shore Bancshares Q2 net income $15.5M ($0.46 EPS), up 35% YoY; NIM expands to 3.35%

Net income $15.5M ($0.46 diluted EPS) vs Q1 $13.8M ($0.41) and Q2 2024 $11.2M ($0.34).
April 29, 2025, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

Shore Bancshares Q1 net income $13.8M ($0.41 EPS); NIM widens to 3.24%

Net income $13.8M, up from $13.3M Q4-24 and $8.2M Q1-24; diluted EPS $0.41 vs $0.40 and $0.25.
January 30, 2025, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

Shore Bancshares Q4 net income $13.3M ($0.40 EPS) vs $0.34 in Q3; full-year EPS $1.32

Q4 net income $13.3M, EPS $0.40; full-year 2024 net income $43.9M, EPS $1.32 (vs $11.2M, $0.42 in 2023).
October 24, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

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

Q3 net income $11.2M vs net loss $9.7M a year ago; diluted EPS $0.34.
July 25, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

Shore Bancshares Q2 net income $11.2M, EPS $0.34; NIM expands, efficiency improves

Net income of $11.2M ($0.34 diluted EPS) vs $8.2M ($0.25) in Q1 and $4.0M ($0.20) in Q2 2023.
May 28, 2024, 7:59 PM ET other material materiality 0.60 neutral item 4.01 item 9.01

Shore Bancshares appoints Crowe LLP as new auditor, dismisses YHB after material weaknesses

Audit Committee approved Crowe LLP as independent auditor for FY2024, subject to standard procedures; YHB dismissed.
May 2, 2024, 7:59 PM ET earnings materiality 0.80 negative item 2.02 item 9.01 ◈ Earnings Releases

Shore Bancshares Q1 net income $8.2M ($0.25); $4.3M credit card fraud loss reduces EPS by $0.10

Net income $8.2M ($0.25 diluted) vs $10.5M ($0.32) in Q4 2023; down 22%.
April 30, 2024, 7:59 PM ET other material materiality 0.60 negative item 8.01

Shore Bancshares reports $4.3M fraud expense from fraudulent credit card account openings in Q1 2024

Fraud loss of $4.3 million recognized in Q1 2024; $3.6M (84%) occurred between March 25 and April 2.
January 31, 2024, 6:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01 ◈ Earnings Releases ×2

Shore Bancshares Q4 net income $10.5M ($0.32/sh); deposits up 5.4% to $5.4B

Q4 2023 net income $10.5M ($0.32 diluted EPS) vs Q3 net loss $9.7M ($0.29 loss) and Q4 2022 net income $8.4M ($0.42).
December 18, 2023, 6:59 PM ET other material materiality 0.85 negative item 4.02 item 9.01 ◈ Auditor Changes

Shore Bancshares restates Q3 2023 results, net loss widens to $9.7M from $6.4M

Error in recording net deferred tax assets from TCFC acquisition overstated bargain purchase gain by $3.4M.
November 1, 2023, 7:59 PM ET earnings materiality 0.85 negative item 2.02 item 9.01 ◈ Earnings Releases

Shore Bancshares Q3 net loss $6.4M on merger costs; tangible book value drops 20%

Q3 net loss of $6.4M ($0.19 diluted EPS) vs net income $4.0M ($0.20) in Q2 2023 and $9.7M ($0.49) in Q3 2022.
July 27, 2023, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01 ◈ Earnings Releases ×2

Shore Bancshares Q2 net income $4.0M ($0.20 EPS), down 46% YoY; merger with TCFC closed July 1

GAAP EPS $0.20 vs $0.38 in Q2 2022; adjusted EPS $0.25 (ex merger costs).
July 3, 2023, 7:59 PM ET M&A materiality 0.85 neutral item 2.01 item 2.03 item 5.02 item 5.03 item 7.01 item 9.01 ◈ executive_change ×11◈ Governance Changes ×2◈ M&A Transactions

Shore Bancshares completes merger of equals with TCFC; combined assets ~$6B

Each TCFC share converted into 2.3287 SHBI shares; total ~13.3M SHBI shares issued.
June 20, 2023, 7:59 PM ET M&A materiality 0.75 positive item 5.07 item 7.01 item 9.01 ◈ Shareholder Votes

Shore Bancshares & TCFC shareholders approve merger; close expected July 1, 2023

SHBI shareholders voted 14,650,547 for, 1,554,312 against, 48,122 abstain to approve the merger.
May 25, 2023, 7:59 PM ET other material materiality 0.60 neutral item 5.02 item 5.03 item 5.07 item 9.01 ◈ executive_change ×12◈ Shareholder Votes ×4◈ Governance Changes

Shore Bancshares appoints 8 TCFC directors, amends bylaws, reports annual meeting votes

Blenda Armistead resigned from SHBI and Shore United boards effective May 23, 2023.
April 27, 2023, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01

Shore Bancshares Q1 net income $6.5M ($0.32 EPS); deposits stable; TCFC merger on track

Net income of $6.457M ($0.32 diluted EPS) vs. $8.407M ($0.42) in Q4 2022 and $5.613M ($0.28) in Q1 2022.
March 7, 2023, 6:59 PM ET M&A materiality 0.75 positive item 8.01 item 9.01

Shore Bancshares and TCFC receive regulatory approvals for merger; close expected July 1, 2023

Received OCC and Maryland regulatory approvals to merge Community Bank of the Chesapeake into Shore United Bank.
January 26, 2023, 6:59 PM ET earnings materiality 0.60 positive item 2.02 item 9.01 ◈ Earnings Releases ×2

Shore Bancshares reports Q4 net income $8.4M, FY2022 net income $31.2M

Q4 2022 net income $8.4M ($0.42 EPS) vs Q3 $9.7M ($0.49 EPS) and Q4 2021 $2.7M ($0.16 EPS). Adjusted Q4 EPS $0.46.

Executive changes

Appointed

B. Scot Ebron

Director of Shore United Bank, N.A. Board of Directors

SHBI · SHORE BANCSHARES INC

Effective: 2026-06-15
Filed: June 16, 2026, 8:00 AM ET

Mr. Ebron was also appointed to the Board of Directors of the Bank.

Appointed

B. Scot Ebron

President of Shore United Bank, N.A.

SHBI · SHORE BANCSHARES INC

Effective: 2026-06-15
Filed: June 16, 2026, 8:00 AM ET

On June 15, 2026, the Board of Directors of Shore United Bank, N.A. (the “Bank”), the wholly-owned subsidiary of Shore Bancshares, Inc. (the “Company”), appointed B. Scot Ebron to the office of President of the Bank.

Departed

Todd L. Capitani

Chief Financial Officer

SHBI · SHORE BANCSHARES INC

Effective: 2025-08-15
Successor: Charles S. Cullum
Filed: April 17, 2025, 7:59 PM ET

Todd L. Capitani, the Company’s current Chief Financial Officer, who previously announced his retirement, will continue with the Company until August 15, 2025 to support this leadership transition.

Appointed

Charles S. Cullum

Executive Vice President and Chief Financial Officer

SHBI · SHORE BANCSHARES INC

Effective: 2025-04-21
Filed: April 17, 2025, 7:59 PM ET

On April 17, 2025 , Shore Bancshares, Inc. (the “Company”) announced that it appointed Charles S. Cullum to Executive Vice President and Chief Financial Officer effective April 21, 2025.

Appointed

James M. Burke

Director

SHBI · SHORE BANCSHARES INC

Effective: 2023-07-03
Filed: July 3, 2023, 7:59 PM ET

As previously disclosed, the eight directors designated by TCFC pursuant to the Merger Agreement, each of whom previously served as a member of the board of directors of TCFC and CBC, and were appointed by the SHBI Board and the Shore United Board, in each case effective as of the Effective Time, are as follows: Mary Todd Peterson, Rebecca M. McDonald to Class I, Michael B. Adams, James M. Burke, Austin J. Slater, Jr., Louis P. Jenkins, Jr. to Class II and Joseph V. Stone, Jr. and E. Lawrence Sanders, III to Class III

Appointed

Louis P. Jenkins, Jr.

Director

SHBI · SHORE BANCSHARES INC

Effective: 2023-07-03
Filed: July 3, 2023, 7:59 PM ET

As previously disclosed, the eight directors designated by TCFC pursuant to the Merger Agreement, each of whom previously served as a member of the board of directors of TCFC and CBC, and were appointed by the SHBI Board and the Shore United Board, in each case effective as of the Effective Time, are as follows: Mary Todd Peterson, Rebecca M. McDonald to Class I, Michael B. Adams, James M. Burke, Austin J. Slater, Jr., Louis P. Jenkins, Jr. to Class II and Joseph V. Stone, Jr. and E. Lawrence Sanders, III to Class III

Appointed

Austin J. Slater, Jr.

Vice Chairman

SHBI · SHORE BANCSHARES INC

Effective: 2023-07-03
Filed: July 3, 2023, 7:59 PM ET

Austin J. Slater, Jr., the former chairman of the TCFC board of directors, was appointed as the Vice Chairman of the SHBI Board and the Shore United Board.

Appointed

E. Lawrence Sanders, III

Director

SHBI · SHORE BANCSHARES INC

Effective: 2023-07-03
Filed: July 3, 2023, 7:59 PM ET

As previously disclosed, the eight directors designated by TCFC pursuant to the Merger Agreement, each of whom previously served as a member of the board of directors of TCFC and CBC, and were appointed by the SHBI Board and the Shore United Board, in each case effective as of the Effective Time, are as follows: Mary Todd Peterson, Rebecca M. McDonald to Class I, Michael B. Adams, James M. Burke, Austin J. Slater, Jr., Louis P. Jenkins, Jr. to Class II and Joseph V. Stone, Jr. and E. Lawrence Sanders, III to Class III

Departed

Jeffrey E. Thompson

Director

SHBI · SHORE BANCSHARES INC

Effective: 2023-07-03
Filed: July 3, 2023, 7:59 PM ET

Lloyd L. Beatty, Jr. and Jeffrey E. Thompson tendered their resignations as a member of the SHBI Board and Shore United Board and from all committees of the SHBI Board and Shore United Board, in each case effective as of the Effective Time.

Appointed

Michael B. Adams

Director

SHBI · SHORE BANCSHARES INC

Effective: 2023-07-03
Filed: July 3, 2023, 7:59 PM ET

As previously disclosed, the eight directors designated by TCFC pursuant to the Merger Agreement, each of whom previously served as a member of the board of directors of TCFC and CBC, and were appointed by the SHBI Board and the Shore United Board, in each case effective as of the Effective Time, are as follows: Mary Todd Peterson, Rebecca M. McDonald to Class I, Michael B. Adams, James M. Burke, Austin J. Slater, Jr., Louis P. Jenkins, Jr. to Class II and Joseph V. Stone, Jr. and E. Lawrence Sanders, III to Class III

Appointed

Joseph V. Stone, Jr.

Director

SHBI · SHORE BANCSHARES INC

Effective: 2023-07-03
Filed: July 3, 2023, 7:59 PM ET

As previously disclosed, the eight directors designated by TCFC pursuant to the Merger Agreement, each of whom previously served as a member of the board of directors of TCFC and CBC, and were appointed by the SHBI Board and the Shore United Board, in each case effective as of the Effective Time, are as follows: Mary Todd Peterson, Rebecca M. McDonald to Class I, Michael B. Adams, James M. Burke, Austin J. Slater, Jr., Louis P. Jenkins, Jr. to Class II and Joseph V. Stone, Jr. and E. Lawrence Sanders, III to Class III

Appointed

Rebecca M. McDonald

Director

SHBI · SHORE BANCSHARES INC

Effective: 2023-07-03
Filed: July 3, 2023, 7:59 PM ET

As previously disclosed, the eight directors designated by TCFC pursuant to the Merger Agreement, each of whom previously served as a member of the board of directors of TCFC and CBC, and were appointed by the SHBI Board and the Shore United Board, in each case effective as of the Effective Time, are as follows: Mary Todd Peterson, Rebecca M. McDonald to Class I, Michael B. Adams, James M. Burke, Austin J. Slater, Jr., Louis P. Jenkins, Jr. to Class II and Joseph V. Stone, Jr. and E. Lawrence Sanders, III to Class III

Earnings & guidance

2026-Q1 EPS reported $0.51 filing →

Materiality & sentiment trend

Max materiality 0.85 · Median 0.50 · Most common event earnings

9 positive 6 negative 35 neutral

source · SHBI on sec.gov