SHORE BANCSHARES INC (SHBI) Form 10-Q — Nov 2, 2026
Shore Bancshares reported Q3 2026 net income of $16.8 million, or $0.50 per diluted share, up 16.9% from $14.3 million ($0.43) a year earlier. Net interest margin expanded to 3.78% from 3.41% as deposit costs fell and loan accretion income ran elevated. Nine-month net income rose 20.9% to $52.7 million ($1.58 diluted EPS vs $1.31). The company continued returning capital, repurchasing $4.3 million of stock under a $30 million buyback authorization and paying a $0.14 quarterly dividend, with book value per share rising to $18.59.
Key figures
- Eps
- 0.5
- Net Income
- 16771000
- Total Assets
- 6450000000
- Cash Position
- 455051000
- Shares Outstanding
- 33248325
- Acl
- 59554000
- Roaa
- 1.08%
- Q3 2025 eps
- 0.43
- Acl to loans
- 1.21%
- Nine month eps
- 1.58
- Q3 repurchases
- 148,006 shares at avg $23.02 (~$3.4M)
- Efficiency ratio
- 56.15%
- Buyback authorized
- $30.0 million (May 2026, 12 months)
- Q3 2025 net income
- 14348000
- Net interest margin
- 3.78%
- Book value per share
- 18.59
- Classified assets pct
- 1.61%
- Dividend per share q3
- 0.14
- Nine month net income
- 52724000
- Nonperforming assets pct
- 1.27%
- Nine month net income prior
- 43619000
- Buyback remaining authorization
- $25.7 million
AI analysis
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