Shore Bancshares: 3Q Earnings Snapshot
EASTON, Md. (AP) _ Shore Bancshares Inc. (SHBI) on Thursday reported third-quarter earnings of $4.2 million.
The bank, based in Easton, Maryland, said it had earnings of 33 cents per share.
The bank holding company posted revenue of $17.7 million in the period. Its revenue net of interest expense was $15.2 million, which beat Street forecasts.
Shore Bancshares shares have risen nearly 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $15.66, a drop of roughly 1% in the last 12 months.