SHF Holdings, Inc. (SHFS)
| Market Cap | 40.36M |
| Revenue (ttm) | 17.56M |
| Net Income (ttm) | -17.28M |
| Shares Out | 55.43M |
| EPS (ttm) | -0.41 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 131,637 |
| Open | 0.670 |
| Previous Close | 0.680 |
| Day's Range | 0.670 - 0.730 |
| 52-Week Range | 0.330 - 1.550 |
| Beta | 0.29 |
| Analysts | Strong Buy |
| Price Target | 1.50 (+107.61%) |
| Earnings Date | May 13, 2024 |
About SHFS
SHF Holdings, Inc., through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry. The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services, remote deposit services, automated clearing house payments and origination, and wire payments. Its services allow cannabis related businesses to obtain services from financial insti... [Read more]
Financial Performance
In 2023, SHF Holdings's revenue was $17.56 million, an increase of 85.29% compared to the previous year's $9.48 million. Losses were -$17.28 million, -50.81% less than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for SHFS stock is "Strong Buy" and the 12-month stock price forecast is $1.5.
News
Safe Harbor Financial Announces Appointment of CEO, Sundie Seefried to Board of Directors
GOLDEN, Colo., April 15, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and cred...
Safe Harbor Financial Announces Fourth Quarter and Year-End 2023 Results
--Record annual revenue increased 85.3% year-over-year to $17.6 million in 2023 --Loan Book Value increased 194.2% to $55.6 million in 2023, up from $18.9 million year-over-year --Has facilitated more...
Safe Harbor Financial to Report Full Year 2023 Financial Results on Monday, April 1, 2024
Company to host conference call after the market closes at 4:30 p.m. ET on April 1st Company to host conference call after the market closes at 4:30 p.m. ET on April 1st
Safe Harbor Financial Originates $4.6 Million Secured Credit Facility for Michigan Cannabis Operator
GOLDEN, Colo., March 12, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc. , d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) ( NASDAQ: SHFS), a leader in facilitating banking, payments and fi...
Safe Harbor Financial Originates $9 Million First Lien Secured Loan for Major, MSO-Operated Cultivation Facility in Denver, Colorado
GOLDEN, Colo., Jan. 04, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating banking, payments, and finan...
Safe Harbor Financial Originates $1.17 Million First Lien Secured Loan for Real Estate Acquisition and Construction for Bridgeport, CT Property
- Property to be Converted to a Cannabis Retail Store Operated by Higher Collective, a Social Equity Joint Venture -
Safe Harbor Originates $3 Million First Lien Secured Loan for Multi-tenant Cannabis Industrial Building in California
GOLDEN, Colo., Nov. 16, 2023 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credi...
Safe Harbor Financial Announces Third Quarter and Nine Month 2023 Results
Revenue of $4.3 million for the third quarter; Nine-month revenue of $13.1 million Third consecutive quarter of more than $1.0 billion in processed deposits; Loan book value for the quarter increased ...
Safe Harbor Financial to Report Fiscal Third Quarter 2023 Financial Results on November 14, 2023
Company to host conference call after the market closes at 4:30 p.m. ET on November 14th Company to host conference call after the market closes at 4:30 p.m. ET on November 14th
Safe Harbor Financial Restructures Certain Deferred Consideration Obligations in Connection With 2022 Acquisition of Abaca
Agreement Reduces Dilution, Provides Long Term Benefits to Company and Shareholders Agreement Reduces Dilution, Provides Long Term Benefits to Company and Shareholders
Safe Harbor Financial Announces Participation in the Maxim Group Virtual Tech Conference Series: Exploring All Corners of the Tech Sector
GOLDEN, Colo., Oct. 10, 2023 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor Financial”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facil...
Safe Harbor Financial Launches New Line of Credit Products for Cannabis Businesses
Line of Credit Offering Expands Safe Harbor's Industry-Leading Suite of Deposit & Credit Tools Supporting the Growth of the U.S. Cannabis Industry Line of Credit Offering Expands Safe Harbor's Industr...
Safe Harbor Financial Originates $3 Million First Lien Secured Loan for a Leading THC-infused Beverage Company
New Credit Facility Supports the Beverage Company's Expansion into California New Credit Facility Supports the Beverage Company's Expansion into California
Safe Harbor Financial Hits Key Milestone by Helping to Process Over $20 Billion in Cannabis Related Funds
Recognized leader in managing funds safely into the financial system, while growing the deposit base with partner financial institutions and expanding credit options to the cannabis industry Recognize...
SHF Holdings, Inc. CEO Sundie Seefried Receives The Green Market Report Cannabis Finance Award for Top CEO
GOLDEN, Colo., Aug. 04, 2023 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating banking, payments, and finan...
Safe Harbor Financial Launches Interest-Bearing Commercial Accounts
- Leverages strategic partnership to deliver industry-leading deposit product - - Further normalizes banking services for growing U.S. cannabis businesses - GOLDEN, Colo., July 12, 2023 (GLOBE NEWSWIR...
Safe Harbor Financial Expands Lending and Deposit Relationship with Tier-One Multi-State Operator
Originates $2.9 million first lien-secured loan on key cultivation facility in limited license, adult-use market Originates $2.9 million first lien-secured loan on key cultivation facility in limited ...
Safe Harbor Financial Originates $6.7 Million First-Lien Secured Loan for Global Real Estate Investment Firm
- Successfully underwrites complex transaction for unique California-based property containing numerous cannabis businesses -
Safe Harbor Financial's Social Equity Program Proudly Welcomes New Accounts
- Innovative program supports social equity licensees with a 20% discount off account application and monthly fees -
Safe Harbor Financial Originates Real Estate Loans for Tier-One Multi-State Operator
- Closes $5.5 million first mortgage-backed loans for four properties in a key limited-license market - - Terms provide for financing of up to nine additional properties across several states - GOLDEN...
Safe Harbor Financial Announces First Quarter 2023 Financial Results
- Processed a record $1.1 billion in deposits; monthly average balances on deposit increased 55% versus the same prior year period -
Safe Harbor Financial Partners with Five Star Bank to Create a Potential Billion-Dollar Growth Opportunity for Cannabis Banking
- Partnership opens financial service opportunities for lines of credit and banking services for Safe Harbor clients - - Partnership opens financial service opportunities for lines of credit and banki...
Safe Harbor Financial Announces Dates for Annual Meeting of Stockholders and First Quarter 2023 Earnings Conference Call
- Annual Stockholders Meeting taking place Thursday, May 18, 2023 at 10 am MT - - Q1 2023 Earnings Conference Call taking place Monday, May 15, 2023 at 4:30 pm ET - GOLDEN, Colo., May 04, 2023 (GLOBE ...
Safe Harbor Financial Welcomes Douglas Fagan to Board of Directors
GOLDEN, Colo., April 20, 2023 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and cred...
Safe Harbor Financial Resolves $68.6 Million in Debt Obligations
- Resolved more than $68.6 Million of the debt payables reported as of December 31, 2022 - - Reduced total debt obligation by more than 60% - - Files 10-K NT with U.S. Securities and Exchange Commissi...