EASTON, Md. — EASTON, Md. — Shore Bancshares Inc. (SHBI) on Thursday reported net income of $11.2 million in its second quarter.
The Easton, Maryland-based bank said it had earnings of 34 cents per share. Earnings, adjusted for amortization costs, came to 40 cents per share.
The bank holding company posted revenue of $81.5 million in the period. Its revenue net of interest expense was $50.7 million, exceeding Street forecasts.
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