NASDAQ$SHBI
Shore Bancshares Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Shore Bancshares reported second quarter earnings, showing a slight increase in net income compared to the previous quarter but a decrease compared to the same quarter last year.
Shore Bancshares, Inc. reported a net income of $4.031 million, or $0.34 per diluted common share, for the second quarter of 2021. This represents a slight increase compared to the first quarter of 2021 but a decrease compared to the second quarter of 2020. The company's performance was influenced by factors such as increased net interest income, noninterest income, and merger-related expenses.
- Net income for Q2 2021 was $4.031 million, or $0.34 per diluted common share.
- Total assets increased to $2.120 billion at June 30, 2021, a 9.7% increase compared to the end of 2020.
- Total deposits increased by $179.9 million, or 10.6%, compared to December 31, 2020.
- The company processed a total of 2,454 loans for a cumulative balance of $196.0 million through both rounds of the PPP program.
Headline financials
Revenue & EPS history
Shore Bancshares · Revenue · Quarterly
$17M
Forward guidance
Shore Bancshares anticipates maintaining its quarterly cash dividends based on its strong capital position and remains focused on core earnings and enhanced returns for its shareholders.
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 Q2 2021
-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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