Shore Bancshares, Inc. (SHBI)
| Market Cap | 537.02M |
| Revenue (ttm) | 208.21M |
| Net Income (ttm) | 53.74M |
| Shares Out | 33.42M |
| EPS (ttm) | 1.61 |
| PE Ratio | 10.04 |
| Forward PE | 9.02 |
| Dividend | $0.48 (2.96%) |
| Ex-Dividend Date | Aug 11, 2025 |
| Volume | 100,844 |
| Open | 15.98 |
| Previous Close | 16.19 |
| Day's Range | 15.88 - 16.09 |
| 52-Week Range | 11.47 - 17.61 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 20.00 (+24.46%) |
| Earnings Date | Jul 24, 2025 |
About SHBI
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank, N.A. that provides various consumer and commercial banking products and services to individuals, businesses, and other organizations in the United States. The company offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as certificate of deposit account registry service programs and cash management services. It also provides commercial loans, such as secured and unsecured loans, wo... [Read more]
Financial Performance
In 2024, Shore Bancshares's revenue was $196.96 million, an increase of 53.04% compared to the previous year's $128.70 million. Earnings were $43.89 million, an increase of 290.89%.
Financial StatementsAnalyst Summary
According to one analyst, the rating for SHBI stock is "Buy" and the 12-month stock price target is $20.0.
News
Shore Bancshares: Under The Radar With Reasonable Valuation
Shore Bancshares delivered a strong Q2 with solid earnings, an attractive valuation at 7.5x forward EPS, and a 3%+ dividend yield. Loan growth remains healthy, and while deposits declined, this was ex...
Shore Bancshares, Inc. Reports 2025 Second Quarter Results
EASTON, Md. , July 24, 2025 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A.
Shore Bancshares, Inc. Reports 2025 First Quarter Results
EASTON, Md. , April 29, 2025 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A.
Shore Bancshares, Inc. Announces Appointment of Charles Cullum as Executive Vice President and Chief Financial Officer Following the Previously Announced Retirement of Chief Financial Officer
EASTON, Md. , April 17, 2025 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced the appointment of Charles Cullum as Executive Vice President and Chief Financial Officer of the Company a...
Shore Bancshares, Inc. Reports 2024 Fourth Quarter and Annual Results
EASTON, Md. , Jan. 30, 2025 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A.
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share
EASTON, Md. , Oct. 30, 2024 /PRNewswire/ --Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, ...
Shore Bancshares, Inc. Reports 2024 First Quarter Financial Results
EASTON, Md. , May 2, 2024 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A.
Shore Bancshares, Inc. Reports 2023 Fourth Quarter and Annual Results
EASTON, Md. , Jan. 31, 2024 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank N.A.
Shore Bancshares, Inc. Reports Third Quarter 2023 Net Loss of $6.4 million Due to One-Time Merger Related Activity
EASTON, Md. , Nov. 1, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank N.A.
Shore Bancshares Reports Second Quarter and First-Half Financial Results
EASTON, Md. , July 27, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company" or "Shore Bancshares") reported net income of $4.018 million or $0.20 per diluted common share for the ...
Shore Bancshares, Inc. and The Community Financial Corporation Complete Merger
EASTON, Md. , July 3, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) ("SHBI"), the financial holding company of Shore United Bank, N.A.
Shore Bancshares, Inc. and The Community Financial Corporation Announce Receipt of Shareholder Approval for Merger of Equals
EASTON, Md. and WALDORF, Md.
COMMUNITY FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Community Financial Corporation - TCFC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The Community Fi...
These banks have high exposure to loans secured by office properties — here's how their stocks have performed
Investors are right to be worried about declining values for office buildings. We appear to be at the start of a long transition for many cities, after the COVID-19 pandemic made clear that for many t...
Shore Bancshares Reports First Quarter 2023 Financial Results
EASTON, Md. , April 27, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares") reported net income of $6.457 million or $0.32 per diluted common share for th...
Shore Bancshares, Inc. and The Community Financial Corporation Announce Receipt of Regulatory Approval for Merger of Equals
EASTON, Md. and WALDORF, Md.
Shore Bancshares Reports 2022 Financial Results
EASTON, Md. , Jan. 26, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $8.407 million or $0.42 per diluted common share for the fourth quarter of 202...
Shore Bancshares, Inc. and The Community Financial Corporation Announce Merger of Equals; Creates One of Maryland's Top Community Banks with Approximately $6 Billion in Assets
Highlights of the Announced Transaction: Creates a bank holding company with approximately $6 billion in assets and a market capitalization of approximately $650 million The combined company will have...
Shore Bancshares Reports Third Quarter and Nine-Month Financial Results
EASTON, Md. , Oct. 27, 2022 /PRNewswire/ --Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $9.658 million or $0.49 per diluted common share for the third quarter of 2022,...
Shore Bancshares, Inc. Announces New Board Member
EASTON, Md. , Aug. 2, 2022 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ: SHBI) today announced the appointment of Esther A.
Shore Bancshares Announces New Stock Repurchase Program
EASTON, Md. , July 6, 2022 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that it had received a non-objection letter from the Federal Reserve Bank of Richmond to allow the Boar...
Shore Bancshares Reports First Quarter 2022 Financial Results
EASTON, Md. , April 28, 2022 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $5.613 million or $0.28 per diluted common share for the first quarter of 202...
Shore Bancshares Reports 2021 Financial Results and Quarterly Dividend of $0.12 Per share
EASTON, Md., Feb. 14, 2022 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $2.723 million or $0.16 per diluted common share for the fourth quarter of 2021...
Shore Bancshares, Inc. Announces Completion of Acquisition of Severn Bancorp, Inc.
EASTON, Md., Nov. 1, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company" or "Shore"), the holding company of Shore United Bank, National Association (the "Shore United"), announc...
Shore Bancshares, Inc. and Severn Bancorp, Inc. Announce Receipt of Shareholder Approval for Merger
EASTON, Md. and ANNAPOLIS, Md.