Shore Bancshares: Q2 Earnings Snapshot

EASTON, Md. (AP) _ Shore Bancshares Inc. (SHBI) on Thursday reported net income of $7.5 million in its second quarter.

The Easton, Maryland-based bank said it had earnings of 38 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 39 cents per share.

The bank holding company posted revenue of $32.5 million in the period. Its revenue net of interest expense was $30.5 million, exceeding Street forecasts.

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EASTON, Md. (AP) _ Shore Bancshares Inc. (SHBI) on Thursday reported net income of $7.5 million in its second quarter.

The Easton, Maryland-based bank said it had earnings of 38 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 39 cents per share.

The bank holding company posted revenue of $32.5 million in the period. Its revenue net of interest expense was $30.5 million, exceeding 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

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