Apr. 29 at 12:34 PM
$SHBI delivers solid Q1 results with net income up to
$13.8M (from
$8.2M YoY) and ROAA improving to 0.91%. Core NIM expands to 3.02% as funding costs decline faster than loan yields. Efficiency ratio drops to 59.76% non-GAAP. CEO notes 'favorable repricing' ahead. Not bad for a regional bank.
https://www.prnewswire.com/news-releases/shore-bancshares-inc-reports-2025-first-quarter-results-302440259.html