SHBI
Shore Bancshares, Inc.18.60
-0.02-0.11%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
621.74MP/E (TTM)
10.88Basic EPS (TTM)
1.71Dividend Yield
0.03%Recent Filings
10-K
FY2025 results
Shore Bancshares delivered FY2025 net income of $59.5M ($1.78 diluted EPS), up from $43.9M ($1.32) in 2024, fueled by 12.8% higher taxable-equivalent NII to $192.7M on 2.8% loan growth to $4.85B average and NIM expansion to 3.36% from 3.10%. Q4 drove momentum with net charge-offs ticking to 0.14% of average loans (from 0.09%), classified assets climbing to 0.96% of total assets on CRE downgrades, yet ACL held steady at 1.20% with provision of $8.4M. Deposits edged up 0.1% to $5.53B; core deposits grew 3.8%. No buybacks; $0.48/share dividend maintained. Geographic concentration risks local downturns.
8-K
Q4 net income jumps 10.7%
Shore Bancshares released its Q4 2025 investor presentation on February 2, 2026, detailing $15.9 million net income, up 10.7% from Q3, with EPS of $0.48 and ROATCE of 14.10%. Loans hit $4.90 billion, deposits $5.53 billion; yet NPAs climbed to 0.69% amid $3.6 million charge-offs. Credit stays solid. Focus sharpens on capital and expenses.
8-K
Q4 profit up 11%, NPA rises
Shore Bancshares posted Q4 net income of $15.9M, up 11% from Q3's $14.3M, with net interest income climbing $1.8M to $50.4M and NIM edging to 3.43%. Full-year profit soared 36% to $59.5M on loan repricing and lower deposit costs, yet nonperforming assets rose to 0.69% amid CRE charge-offs. Asset quality holds with strong reserves. Efficiency improved sharply.
8-K
Execs join CIC severance plan
Shore Bancshares on December 17, 2025, enrolled CEO James Burke, CFO Charles Cullum, and COO Donna Stevens in its Change in Control Severance Plan. Burke gets a 3x multiplier on base pay plus target bonus for qualifying terminations within 24 months post-change in control; Cullum and Stevens get 2x. Plan locks in executive focus amid takeover threats. Severance replaces prior deals.
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