Shore Bancshares, Inc. Reports 2026 First Quarter Results

$SHBIPress releaseApr 23, 2026, 4:00 PM ETRead the release

Shore Bancshares reported record Q1 2026 net income of $17.1 million, or $0.51 per share, an increase of 24% compared to the prior year. Net interest margin expanded 21 basis points sequentially to 3.64%, driven by lower funding costs and disciplined balance sheet management, while book value per share rose to $18.02.

Key figures

Eps: 0.51
Revenue: $52.6 million
Revenue Yoy: 14.5%
Net interest margin: 3.64%
Book value per share: 18.02
Nonperforming assets percent: 1.10%

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