Shore Bancshares reports Q3 net income of USD 16.771 million
Reuters also reports Q3 pretax profit of USD 22.271 million.
Story updates
08:01:22 PM UTC
SquawkNews
Shore Bancshares reported Q3 2026 net income of $16.8M, or $0.50 per diluted share, vs $0.56 in Q2 2026 and $0.43 in Q3 2025; net interest margin rose to 3.78%. Provision for credit losses increased to $5.3M on multifamily-related charge-offs.Material DetailsContext by AI AnalystThis is a mid-cycle…
08:03:31 PM UTC
SquawkNews
Shore Bancshares reported third-quarter 2026 net income of $16.8 million, or $0.50 per diluted share, compared with $18.9 million and $0.56 per share in the prior quarter. Net interest income rose to $55.1 million, while a higher provision for credit losses weighed on earnings. Pre-tax, pre-provisi…
08:12:11 PM UTC
SquawkNews
Shore Bancshares Q3 net income falls sequentially on higher credit-loss provision