FILING ANALYSIS · THURSDAY, OCTOBER 22
SHORE BANCSHARES INC SHBI — 8-K: Results of Operations and Financial Condition
neutral
Shore Bancshares reported net income of $16.8 million, or $0.50 per diluted common share, with a 5.6% increase in pre-tax pre-provision income, driven by expansion in net interest margin and lower noninterest expense, but was impacted by a higher provision for credit losses due to a partial charge-off on a multifamily relationship.
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