AP NEWS

Shore Bancshares: 3Q Earnings Snapshot

October 24, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHBI at https://www.zacks.com/ap/SHBI