Earnings summaries and quarterly performance for SHORE BANCSHARES.
Executive leadership at SHORE BANCSHARES.
James M. Burke
Detailed
President and Chief Executive Officer
CEO
AE
Andrea E. Colender
Detailed
Executive Vice President, Chief Legal Officer and Corporate Secretary
BS
B. Scot Ebron
Detailed
Executive Vice President and Chief Banking Officer
CE
Charles E. Ruch, Jr.
Detailed
Executive Vice President and Chief Credit Officer
CS
Charles S. Cullum
Detailed
Executive Vice President and Chief Financial Officer
CL
Christy Lombardi
Detailed
Executive Vice President and Chief Human Resources Officer
DJ
Donna J. Stevens
Detailed
Executive Vice President and Chief Operating Officer
LA
Lacey A. Pierce
Detailed
Executive Vice President and Chief Strategy & Project Officer
TT
Talal Tay
Detailed
Executive Vice President and Chief Risk Officer
VM
Virginia M. Anderson
Detailed
Executive Vice President and Chief Internal Audit Officer
Board of directors at SHORE BANCSHARES.
AJ
Alan J. Hyatt
Detailed
Chairman of the Board
AJ
Austin J. Slater, Jr.
Detailed
Lead Independent Director and Vice Chair
CV
Clyde V. Kelly, III
Detailed
Director
DS
David S. Jones
Detailed
Director
DW
David W. Moore
Detailed
Director
DM
Dawn M. Willey
Detailed
Director
EL
E. Lawrence Sanders, III
Detailed
Director
EA
Esther A. Streete
Detailed
Director
JA
John A. Lamon, III
Detailed
Director
KM
Konrad M. Wayson
Detailed
Director
LP
Louis P. Jenkins, Jr.
Detailed
Director
MB
Michael B. Adams
Detailed
Director
RM
R. Michael Clemmer, Jr.
Detailed
Director
RM
Rebecca M. McDonald
Detailed
Director
WE
William E. Esham, III
Detailed
Director
Research analysts covering SHORE BANCSHARES.
Recent press releases and 8-K filings for SHBI.
Shore Bancshares Inc. Reports Q4 2025 Financial Results
SHBI
Earnings
Revenue Acceleration/Inflection
- Shore Bancshares, Inc. reported net income of $15.9 million and diluted EPS of $0.48 for Q4 2025, with a Return on Average Tangible Common Equity (ROATCE) of 14.10% and Return on Average Assets (ROAA) of 1.02%.
- As of Q4 2025, the company maintained total assets of $6.3 billion, total loans of $4.9 billion, and total deposits of $5.5 billion, with noninterest deposits making up 28.69% of total deposits.
- Credit quality remained strong with Nonperforming Assets (NPAs) at 0.69% of total assets and Reserves covering 136.17% of nonperforming assets at Q4 2025.
- The Common Equity Tier 1 risk-based capital ratio stood at 10.52% for Q4 2025.
4 days ago
Shore Bancshares Inc. Reports Strong Q4 and Full-Year 2025 Results Amidst Rising Asset Quality Concerns
SHBI
Earnings
Asset Quality
- Net income for the fourth quarter of 2025 increased to $15.9 million from $14.3 million in the third quarter of 2025, and full-year 2025 net income rose to $59.5 million from $43.9 million in 2024.
- The company demonstrated improved operational efficiency, with the GAAP efficiency ratio decreasing to 60.06% for Q4 2025 from 64.21% in Q4 2024, and for the full year 2025, it improved to 61.33% from 68.55% in 2024.
- Asset quality metrics deteriorated, with nonperforming assets increasing to 0.69% of total assets at December 31, 2025, up from 0.40% at December 31, 2024, and classified assets rising to 0.96% of total assets from 0.45% over the same period.
- Book value per share increased to $17.65 at December 31, 2025, from $16.23 at December 31, 2024, and the company maintained strong capital ratios with Tier 1 Capital at 11.15% and Total Risk-Based Capital at 13.61% as of December 31, 2025.
Jan 28, 2026, 9:05 PM
Shore Bancshares Reports Strong Fourth Quarter and Annual 2025 Results
SHBI
Earnings
Debt Issuance
Demand Weakening
- Shore Bancshares reported net income of $15.9 million and diluted earnings per share of $0.48 for the fourth quarter of 2025, an increase from $14.3 million and $0.43, respectively, in the third quarter of 2025. For the full year 2025, net income was $59.5 million, up from $43.9 million in 2024.
- The company's Return on Average Assets (ROAA) was 1.02% for Q4 2025, improving from 0.95% in Q3 2025 and 0.86% in Q4 2024. The Net Interest Margin (NIM) increased to 3.43% in Q4 2025 from 3.42% in Q3 2025 and 3.03% in Q4 2024.
- Book value per share grew to $17.65 at December 31, 2025, compared to $17.27 at September 30, 2025 and $16.23 at December 31, 2024.
- Asset quality metrics showed an increase in nonperforming assets to 0.69% of total assets and classified assets to 0.96% of total assets at December 31, 2025, compared to prior periods. The allowance for credit losses (ACL) as a percentage of loans decreased to 1.20% at December 31, 2025.
- The efficiency ratio improved to 60.06% for Q4 2025, down from 61.00% in Q3 2025 and 64.21% in Q4 2024. Total assets stood at $6.26 billion and total deposits at $5.53 billion as of December 31, 2025.
Jan 28, 2026, 9:00 PM
Shore Bancshares, Inc. completes $60 million subordinated notes offering
SHBI
Debt Issuance
- Shore Bancshares, Inc. completed a private placement of $60 million of its 6.25% Fixed to Floating Rate Subordinated Notes due 2035 on November 13, 2025.
- The notes will initially bear a fixed annual interest rate of 6.25% for the first five years, after which the rate will reset quarterly to the three-month SOFR plus 288 basis points.
- The company plans to use the net proceeds for general corporate purposes and the repayment of existing indebtedness, with the notes intended to qualify as Tier 2 capital for regulatory purposes.
Nov 13, 2025, 10:13 PM
Shore Bancshares Completes $60 Million Subordinated Notes Offering
SHBI
Debt Issuance
- Shore Bancshares, Inc. completed a private placement of $60 million of its 6.25% Fixed to Floating Rate Subordinated Notes due 2035 on November 13, 2025.
- The Notes will initially bear interest at a fixed annual rate of 6.25% for the first five years, after which the rate will reset quarterly to the three-month SOFR rate plus 288 basis points.
- The company intends to use the net proceeds for general corporate purposes and the repayment of existing indebtedness, with the Notes designed to qualify as Tier 2 capital for regulatory purposes.
Nov 13, 2025, 9:00 PM
SHORE BANCSHARES INC Reports Q3 2025 Results
SHBI
Earnings
- SHORE BANCSHARES INC reported net income of $14.3 million and diluted earnings per share of $0.43 for Q3 2025.
- As of Q3 2025, the company's total assets were $6.278 billion, with total loans at $4.88 billion and total deposits reaching $5.53 billion. Total loans increased 1.1% and total deposits increased 4.0% compared to Q2 2025.
- Key profitability metrics for Q3 2025 included a Return on Average Tangible Common Equity (ROATCE) of 13.27% (non-GAAP) , a Return on Average Assets (ROAA) of 1.05% (non-GAAP) , and a net interest margin of 3.42%. The non-GAAP efficiency ratio was 57.30%.
- Credit quality remained strong with nonperforming assets (NPAs) at 0.45% of total assets and a Common Equity Tier 1 risk-based capital ratio of 10.21% for Q3 2025.
Nov 3, 2025, 3:11 PM
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