Shore Bancshares reported net income of $16.8 million for the third quarter ended September 30, 2026, representing $0.50 in diluted earnings per share. This compares to $18.9 million, or $0.56 per diluted share, in the second quarter and $14.3 million, or $0.43 per diluted share, in the prior-year period. Pre-tax pre-provision income rose 5.6% to $27.5 million, driven by higher net interest income and lower noninterest expense. Net charge-offs increased to $4.8 million due to a partial multifamily loan write-off, while the efficiency ratio improved to 56.15%. The company also declared a quarterly dividend of $0.14 per share.
