SHF Holdings, Inc. (SHFS)

NASDAQ: SHFS · IEX Real-Time Price · USD
0.970
-0.030 (-3.00%)
At close: Feb 26, 2024, 4:00 PM
0.950
-0.020 (-2.06%)
Pre-market: Feb 27, 2024, 8:00 AM EST
-3.00%
Market Cap 54.23M
Revenue (ttm) 16.66M
Net Income (ttm) -56.79M
Shares Out 54.51M
EPS (ttm) -2.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 60,329
Open 1.000
Previous Close 1.000
Day's Range 0.951 - 1.000
52-Week Range 0.330 - 1.550
Beta 0.33
Analysts Strong Buy
Price Target 1.50 (+54.64%)
Earnings Date Mar 28, 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]

Sector Financials
Founded 2015
Employees 65
Stock Exchange NASDAQ
Ticker Symbol SHFS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for SHFS stock is "Strong Buy" and the 12-month stock price forecast is $1.5.

Price Target
$1.5
(54.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

7 weeks ago - GlobeNewsWire

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 -

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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

4 months ago - GlobeNewsWire

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

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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 -

9 months ago - GlobeNewsWire

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 -

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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 -

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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 ...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

Safe Harbor Financial Generates Significant Growth Across Q1 2023 Key Performance Metrics

- Average number of accounts and deposit fees increase 75% and 49%, respectively,  compared to Q1 2022 - - Strong growth trend supports cash flow, national expansion, and lending program initiatives -...

11 months ago - GlobeNewsWire

Safe Harbor Financial Announces Preliminary Fourth Quarter and Full Year 2022 Financial Results

- Full year revenue increased 34% to $9.4 million, number of active accounts increased 82% to 1040 compared to 2021 -

11 months ago - GlobeNewsWire

Safe Harbor Financial Enters into Agreement to Resolve $64.7 Million in Payment Obligations

Significantly strengthens balances sheet and net worth with a serviceable amount of debt Significantly strengthens balances sheet and net worth with a serviceable amount of debt

11 months ago - GlobeNewsWire

Safe Harbor Financial to Hold Fourth Quarter and Full Year 2022 Earnings Conference Call on Thursday, March 30, 2023

GOLDEN, Colo., March 28, 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 fina...

11 months ago - GlobeNewsWire