NASDAQ$SHBI
Shore Bancshares Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Shore Bancshares reported increased earnings due to loan and deposit growth.
Shore Bancshares reported a net income of $5.613 million for Q1 2022, an increase compared to both Q4 2021 and Q1 2021. The growth was attributed to significant increases in loans and deposits, reflecting the company's competitive position and expansion in Central Maryland and Delaware.
- Net income for Q1 2022 was $5.613 million, or $0.28 per diluted common share.
- Total assets reached $3.494 billion, a 1.0% increase from the end of 2021.
- Net interest income increased to $22.4 million, driven by growth in interest and fees on loans.
- Total deposits increased by $42.3 million, primarily due to additional checking deposits.
Headline financials
Revenue & EPS history
Shore Bancshares · Revenue · Quarterly
$28.5M
Forward guidance
The company did not provide specific forward guidance but mentioned factors that could affect future results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
-0.2%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+1.6%
Avg return
30 days after
52%
34 / 66 earnings
Positive
+6.6%
Q3 2016
Best reaction
-13.1%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.9% | +2.0% | +5.4% | |
| Q4 2025 | +0.4% | +7.5% | +1.1% | |
| Q3 2025 | -0.3% | -1.1% | +5.1% | |
| Q2 2025 | -2.1% | -0.9% | +6.0% | |
| Q1 2025 | +2.8% | +3.5% | +1.8% | |
| Q4 2024 | +3.5% | +3.0% | -4.1% | |
| Q3 2024 | -0.7% | +1.2% | +14.6% | |
| Q2 2024 | +6.3% | +6.2% | +2.5% | |
| Q1 2024 | +6.3% | +5.2% | +7.2% | |
| Q4 2023 | -11.3% | -18.9% | -18.1% | |
| Q3 2023 | +5.8% | +12.0% | +23.1% | |
| Q2 2023 | -9.1% | -10.6% | -17.9% | |
| Q1 2023 | +2.2% | -10.0% | -13.9% | |
| Q4 2022 | -2.0% | +0.6% | -1.9% | |
| Q3 2022 | +6.6% | +7.7% | +7.4% | |
| Q2 2022 | +0.8% | -0.4% | +0.5% | |
| Q1 2022 | +0.2% | -0.9% | -0.8% | |
| Q4 2021 | +2.9% | +7.8% | +5.1% | |
| Q3 2021 | +3.2% | +6.0% | +10.6% | |
| Q2 2021 | +1.3% | +1.6% | +4.0% | |
| Q1 2021 | +1.0% | -0.1% | +3.1% | |
| Q4 2020 | -3.6% | -0.9% | +11.3% | |
| Q3 2020 | -1.5% | -7.6% | +13.3% | |
| Q2 2020 | +0.0% | +1.2% | +2.5% | |
| Q1 2020 | -13.1% | -20.7% | -14.2% | |
| Q4 2019 | +0.6% | +0.5% | -3.7% | |
| Q3 2019 | +1.6% | +0.9% | +4.2% | |
| Q2 2019 | +0.4% | +1.4% | -7.6% | |
| Q1 2019 | +5.2% | +4.8% | +5.4% | |
| Q4 2018 | +0.5% | -2.3% | +3.4% | |
| Q3 2018 | -5.2% | -7.1% | -7.9% | |
| Q2 2018 | -0.7% | +1.7% | -0.6% | |
| Q1 2018 | +0.4% | +1.1% | -1.2% | |
| Q4 2017 | -1.1% | +2.5% | -2.0% | |
| Q3 2017 | +2.1% | +0.5% | +1.2% | |
| Q2 2017 | -1.3% | +0.7% | -3.7% | |
| Q1 2017 | -1.9% | -0.8% | -8.4% | |
| Q4 2016 | +1.1% | +0.1% | +9.8% | |
| Q3 2016 | +6.6% | +8.9% | +17.7% | |
| Q2 2016 | +1.4% | +4.3% | +2.7% | |
| Q1 2016 | -2.8% | — | — | |
| Q4 2015 | -1.7% | — | — | |
| Q3 2015 | +3.1% | — | — | |
| Q2 2015 | -0.6% | — | — | |
| Q1 2015 | +1.2% | — | — | |
| Q4 2014 | -0.4% | — | — | |
| Q3 2014 | -0.3% | — | — | |
| Q2 2014 | +1.0% | — | — | |
| Q1 2014 | -0.3% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | -0.7% | — | — | |
| Q2 2013 | +3.2% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | -0.7% | — | — | |
| Q3 2012 | -1.0% | — | — | |
| Q2 2012 | -2.7% | — | — | |
| Q1 2011 | +5.3% | — | — | |
| Q1 2012 | +0.1% | — | — | |
| Q4 2010 | -0.2% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q4 2009 | -0.2% | — | — | |
| Q3 2011 | -3.8% | — | — | |
| Q3 2010 | -3.8% | — | — | |
| Q2 2010 | -12.0% | — | — | |
| Q2 2011 | -12.0% | — | — | |
| Q1 2010 | +3.0% | — | — |
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