Shore Bancshares: Q2 Earnings Snapshot

EASTON, Md. (AP) — EASTON, Md. (AP) — Shore Bancshares Inc. (SHBI) on Thursday reported net income of $18.9 million in its second quarter.

The bank, based in Easton, Maryland, said it had earnings of 56 cents per share. Earnings, adjusted for non-recurring costs, came to 60 cents per share.

The bank holding company posted revenue of $86.3 million in the period. Its revenue net of interest expense was $61.7 million, which beat Street forecasts.

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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