Shore Bancshares Inc reports results for the quarter ended June 30 - Earnings Summary

Shore Bancshares

23/07/2026 22:03

Shore Bancshares Inc SHBI.OQ reported quarterly adjusted earnings of 56 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 46 cents.  The mean expectation of four analysts for the quarter was for earnings of 50 cents per share. Wall Street expected results to range from 49 cents to 51 cents per share.
Revenue rose 12% to $52.92 million from a year ago; analysts expected $56.22 million. 
Shore Bancshares Inc's reported EPS for the quarter was 56 cents​.
The company reported quarterly net income of $18.87 million.
Shore Bancshares Inc shares had fallen by 0.3% this quarter and gained 29.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 4.2% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" 
Wall Street's median 12-month price target for Shore Bancshares Inc is $22.00, about 4% below its last closing price of $22.87
This summary was machine generated from LSEG data July 23 at 09:03 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.50
0.56
Beat
Mar. 31 2026 
0.45
0.51
Beat
Dec. 31 2025 
0.47
0.48
Beat
Sep. 30 2025 
0.45
0.43
Missed