Shore Bancshares reports Q3 EPS 43c, consensus 45c

Net interest income for the third quarter of 2025 increased $1.4M to $48.7M from $47.3M for the second quarter of 2025. NIM increased 7 basis points to 3.42% during the third quarter of 2025 from 3.35% in the second quarter of 2025. “We continue to demonstrate resilience and operational strength in the third quarter,” stated James Burke, President and Chief Executive Officer of Shore Bancshares (SHBI). “Despite a modest decline in net income for the quarter due to a large marine loan write-off and softer noninterest income, we saw meaningful expansion in net interest margin and continued growth in book value per share. Asset quality remains sound, supported by strong collateral and prudent reserve levels, despite a temporary increase in nonperforming and classified assets driven by a few commercial real estate exposures. As we navigate a dynamic environment, we remain focused on enhancing operating leverage through strategic investments in technology and talent. We are confident in our ability to deliver sustainable long-term value.”