Welcome to our dedicated page for Shore Bancshares news (Ticker: SHBI), a resource for investors and traders seeking the latest updates and insights on Shore Bancshares stock.
The Shore Bancshares Inc (NASDAQ: SHBI) news page on Stock Titan provides a focused view of public announcements, earnings releases and regulatory disclosures from this financial holding company. Shore Bancshares is headquartered in Easton, Maryland and is the parent of Shore United Bank, N.A., with activities in commercial banking, trust and wealth management services through Wye Financial Partners, a division of the bank.
Investors following SHBI news can review quarterly and annual financial results, where the company reports net income, return on average assets, net interest income, net interest margin, efficiency ratios and detailed commentary from management. These releases also describe trends in asset quality, including nonperforming assets, classified assets, charge-offs and provisions for credit losses, with particular attention to commercial real estate and other loan portfolios.
The news feed also includes dividend announcements, where the Board of Directors declares quarterly cash dividends on Shore Bancshares’ common stock, specifying record and payment dates. Additional items covered in news and related Form 8-K filings include investor presentations, updates on capital and liquidity, and information on the composition of the company’s loan and deposit base.
Another important category of SHBI news involves capital and corporate actions. For example, Shore Bancshares has reported the issuance of fixed-to-floating rate subordinated notes due 2035 in a private placement to qualified institutional buyers and accredited investors, intended to qualify as Tier 2 capital. News items have also addressed executive leadership changes, such as the appointment of a new Executive Vice President and Chief Financial Officer and the adoption of a Change in Control Severance Plan for certain executives and key employees.
By reviewing Shore Bancshares news on this page, users can track how management describes operating performance, funding costs, loan growth, commercial real estate exposure, and strategic initiatives disclosed through press releases and associated SEC filings. This makes the SHBI news stream a useful resource for understanding developments affecting the company’s commercial banking and wealth management activities over time.
Shore Bancshares (NASDAQ: SHBI) completed a private placement of $60.0 million of 6.25% Fixed to Floating Rate Subordinated Notes due 2035 on November 13, 2025. The Notes pay a fixed 6.25% annual rate for five years, then reset quarterly to three-month SOFR + 288 bps. The Notes are intended to qualify as Tier 2 regulatory capital. Net proceeds will be used for general corporate purposes and repayment of existing indebtedness. The company agreed to registration rights to exchange the Notes for registered subordinated notes. Piper Sandler served as lead placement agent; Hovde Group served as co-placement agent. The Notes are not FDIC insured and were sold to qualified institutional buyers and accredited investors.
Shore Bancshares (NASDAQ: SHBI) declared a quarterly common stock dividend of $0.12 per share, payable November 26, 2025 to shareholders of record on November 13, 2025.
The announcement identifies Shore Bancshares as the holding company for Shore United Bank and notes trust and wealth management services through Wye Financial Partners. The release includes standard forward-looking statement language describing risks and references the Company’s 2024 Form 10-K for additional risk factors.
Shore Bancshares (NASDAQ: SHBI) reported Q3 2025 net income of $14.3M or $0.43 per diluted share, down from $15.5M in Q2 2025 but up from $11.2M in Q3 2024. Net interest income rose to $48.7M and NIM expanded to 3.42%. Book value per share grew to $17.27 at September 30, 2025.
Asset quality showed stress: nonperforming assets increased to 0.45% of assets and classified assets rose to 0.83% of assets. Provision for credit losses was $3.0M, including a large marine loan write-off. Tangible common equity ratio was 7.80% and total assets were $6.28B.
Shore Bancshares (NASDAQ:SHBI), a financial holding company headquartered in Easton, Maryland, has declared a quarterly dividend of $0.12 per share. The dividend will be payable on August 25, 2025 to stockholders of record as of August 11, 2025.
Shore Bancshares is the parent company of Shore United Bank, N.A., which provides trust and wealth management services through its division, Wye Financial Partners.
Shore Bancshares (NASDAQ: SHBI) reported strong Q2 2025 financial results, with net income reaching $15.5 million ($0.46 per diluted share), up from $13.8 million in Q1 2025 and $11.2 million in Q2 2024. The bank demonstrated improved performance with Return on Average Assets (ROAA) of 1.03% and Net Interest Margin (NIM) expansion to 3.35%.
Key highlights include net interest income growth to $47.3 million, stable asset quality with nonperforming assets at 0.33% of total assets, and improved efficiency ratio of 60.83%. Total assets stood at $6.04 billion, with total deposits of $5.31 billion. The bank maintains strong capital ratios with Tier 1 and Total Risk-Based Capital Ratios at 10.51% and 12.65% respectively.
The company's book value per share increased to $16.94, and the bank maintains approximately $1.16 billion in available liquidity. Management expects continued margin improvements and efficiency gains through 2025.
Shore Bancshares reported strong financial results for Q1 2025, with net income reaching $13.8 million ($0.41 per diluted share), up from $13.3 million in Q4 2024 and $8.2 million in Q1 2024. The bank showed improved performance with:
- Return on Average Assets (ROAA) increased to 0.91%
- Net Interest Income grew to $46.0 million, up $2.0 million from Q4 2024
- Net Interest Margin expanded to 3.24%, a 21 basis point improvement
- Efficiency ratio improved to 63.64%
Asset quality remained stable with nonperforming assets at 0.31% of total assets. The bank's total assets were $6.18 billion, with total deposits at $5.46 billion. Notable strength was shown in the CRE portfolio, with careful management of office exposure. The bank maintained strong liquidity with $1.35 billion available and demonstrated solid capital ratios, including a tangible common equity ratio of 7.46%.
Shore Bancshares (NASDAQ: SHBI) has announced the appointment of Charles Cullum as Executive Vice President and Chief Financial Officer, effective April 21, 2025. Cullum brings over 20 years of financial experience, most recently serving as CFO at Sandy Spring Bancorp since May 2024.
The current CFO, Todd L. Capitani, who previously announced his retirement, will remain with the company through August 15, 2025, to ensure a smooth transition. Capitani has served as Shore's CFO since July 2023, and previously as CFO of Community Financial since 2009.
Shore Bancshares, headquartered in Easton, Maryland, is a financial holding company and parent of Shore United Bank, N.A., offering trust and wealth management services through its Wye Financial Partners division.
Shore Bancshares (NASDAQ: SHBI) reported strong financial results for Q4 and full-year 2024. Q4 net income reached $13.3 million ($0.40 per diluted share), up from $11.2 million in Q3 2024 and $10.5 million in Q4 2023. Full-year 2024 net income was $43.9 million ($1.32 per diluted share), significantly higher than 2023's $11.2 million.
Key Q4 highlights include improved Return on Average Assets (ROAA) at 0.86%, increased net interest income to $44.0 million, and lower funding costs. Asset quality metrics showed nonperforming assets at 0.40% of total assets. The efficiency ratio improved to 64.21% from 67.49% in Q3.
Total assets reached $6.23 billion as of December 31, 2024, with total deposits increasing by $142.2 million to $5.53 billion year-over-year. The bank maintained strong capital ratios with Tier 1 and Total Risk-Based Capital Ratios at 10.06% and 12.18% respectively.
Shore Bancshares (NASDAQ: SHBI) has declared a quarterly common stock dividend of $0.12 per share. The dividend will be paid on November 29, 2024, to stockholders of record as of November 12, 2024. The company, headquartered in Easton, Maryland, is the largest independent bank holding company on Maryland's Eastern Shore and operates through its subsidiary Shore United Bank, offering banking and wealth management services via Wye Financial Partners division.
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