Shore Bancshares reports Q1 EPS 41c, consensus 35c

“Shore Bank had a good start to 2025 with record net interest income and stable expenses driving improvements in our net interest margin, return on assets and operating leverage,” stated James Burke, President and Chief Executive Officer of Shore Bancshares (SHBI). “Funding costs have trended lower and are expected to decline further as higher-cost seasonal municipal deposits roll off. Asset yields are expected to continue to increase as loans and securities reprice higher. We remain committed to disciplined expense management to drive sustained improvements in operating efficiency.”