Quarterly ResultMay 4, 2026, 04:07 PM
Shore Bancshares Q1 Net Income $17.1M, EPS $0.51; NIM 3.64%
AI Summary
Shore Bancshares, Inc. reported record net income of $17.1 million, or $0.51 per diluted share, for the first quarter of 2026. The company's net interest margin increased by 21 basis points to 3.64%, and its return on average tangible common equity reached 14.83%. This investor presentation provides financial information for potential meetings with investors and analysts, highlighting improving profitability, strong credit performance, and strategic focus areas for 2026.
Key Highlights
- Q1 2026 net income $17.1M, up 7.6% from Q4 2025.
- Diluted EPS for Q1 2026 was $0.51.
- Net interest margin (NIM) increased 21 bps to 3.64%.
- Return on average tangible common equity (ROATCE) was 14.83%.
- Total period-end loans $4.85B and deposits $5.46B.
- Nonperforming assets to total assets 1.10%; ACL to loans 1.21%.
- Common Equity Tier 1 risk-based capital ratio 10.97%.
- Management forecasts low-single digit loan growth and mid-single digit deposit growth for 2026.
Price Impact
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