View ValuationShore Bancshares 향후 성장Future 기준 점검 1/6Shore Bancshares은 연간 수입과 매출이 각각 8.1%와 6.1% 증가할 것으로 예상되고 EPS는 연간 8.4%만큼 증가할 것으로 예상됩니다.핵심 정보8.1%이익 성장률8.45%EPS 성장률Banks 이익 성장7.0%매출 성장률6.1%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트10 Aug 2026최근 향후 성장 업데이트Price Target Changed • Jul 27Price target increased by 9.9% to US$25.00Up from US$22.75, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$23.90. Stock is up 48% over the past year. The company is forecast to post earnings per share of US$2.16 for next year compared to US$1.78 last year.분석 기사 • Jul 26Shore Bancshares, Inc. Just Beat EPS By 12%: Here's What Analysts Think Will Happen NextAs you might know, Shore Bancshares, Inc. ( NASDAQ:SHBI ) just kicked off its latest second-quarter results with some...Price Target Changed • Feb 01Price target increased by 8.8% to US$20.00Up from US$18.38, the current price target is an average from 3 analysts. New target price is 5.4% above last closing price of US$18.97. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.77 for next year compared to US$1.32 last year.Price Target Changed • May 01Price target decreased by 7.3% to US$17.00Down from US$18.33, the current price target is an average from 3 analysts. New target price is 22% above last closing price of US$13.91. Stock is up 30% over the past year. The company is forecast to post earnings per share of US$1.61 for next year compared to US$1.32 last year.Price Target Changed • Apr 04Price target decreased by 7.8% to US$17.67Down from US$19.17, the current price target is an average from 3 analysts. New target price is 47% above last closing price of US$12.05. Stock is up 11% over the past year. The company is forecast to post earnings per share of US$1.57 for next year compared to US$1.32 last year.Price Target Changed • Dec 04Price target increased by 16% to US$17.75Up from US$15.25, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$17.43. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$1.28 for next year compared to US$0.42 last year.모든 업데이트 보기Recent updates공고 • 17hShore Bancshares, Inc. Announces Quarterly Dividend, Payable on September 16, 2026Shore Bancshares, Inc. the parent company of Shore United Bank, N.A. announced that its Board of Directors has declared a quarterly common stock dividend of $0.14 per share, payable on September 16, 2026, to holders of record at the close of business on September 2, 2026.Seeking Alpha • Aug 19Shore Bancshares: A Remarkable Sub-50% LTV Ratio In The CRE Loan BookSummary Shore Bancshares delivered robust Q2 results, with net interest income rising more than 10% and loan loss provisions kept below $1 million. SHBI’s loan book is anchored by low LTV ratios, especially in commercial real estate, supporting asset quality and manageable credit risk. The bank’s payout ratio remains conservative at 25%, enabling strong earnings retention and tangible book value growth. SHBI trades at just over 10x anticipated earnings and a 50% premium to tangible book, with close monitoring warranted on $55M in current nonaccrual loans. Read the full article on Seeking AlphaPrice Target Changed • Jul 27Price target increased by 9.9% to US$25.00Up from US$22.75, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$23.90. Stock is up 48% over the past year. The company is forecast to post earnings per share of US$2.16 for next year compared to US$1.78 last year.분석 기사 • Jul 26Shore Bancshares, Inc. Just Beat EPS By 12%: Here's What Analysts Think Will Happen NextAs you might know, Shore Bancshares, Inc. ( NASDAQ:SHBI ) just kicked off its latest second-quarter results with some...Reported Earnings • Jul 26Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.56 (up from US$0.47 in 2Q 2025). Revenue: US$60.9m (up 11% from 2Q 2025). Net income: US$18.9m (up 22% from 2Q 2025). Profit margin: 31% (up from 28% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.공고 • Jul 24+ 1 more updateShore Bancshares, Inc. Provides Initial Notice of Non-Compliance to NasdaqShore Bancshares, Inc., on July 17, 2026, provided initial notice to The Nasdaq Stock Market, Inc. (“Nasdaq”) that Shore United Bank, N.A., which is the Company’s wholly owned subsidiary bank (the “Bank”), had made payments to a law firm of which Mr. Louis P. Jenkins, Jr., a director and former member of the Audit Committee, is a partner. The payments made to the law firm were for legal services in connection with various loan matters. The payments, which totaled $10,555, were for legal services rendered by the law firm from February to April 2026, during which period Mr. Jenkins was serving on the Company’s Audit Committee. As a result of such payments, the Company believes it did not comply with Nasdaq’s audit committee composition requirements under Nasdaq Listing Rule 5605(c)(2) (the “Rule”). Among other things, the Rule requires that each member of the Audit Committee meet the criteria for independence set forth in Rule 10A-3(b)(1) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). In order to resolve this violation, effective as of July 16, 2026, Mr. Jenkins resigned from the Company’s Audit Committee. The Audit Committee is now comprised of four members who all meet the requirements of the Rule.공고 • Jun 30Shore Bancshares, Inc. to Report Q2, 2026 Results on Jul 23, 2026Shore Bancshares, Inc. announced that they will report Q2, 2026 results on Jul 23, 2026공고 • Jun 29+ 6 more updatesShore Bancshares, Inc.(NasdaqGS:SHBI) dropped from Russell Small Cap Comp Growth BenchmarkShore Bancshares, Inc.(NasdaqGS:SHBI) dropped from Russell Small Cap Comp Growth BenchmarkUpcoming Dividend • May 27Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 03 June 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (2.4%).공고 • May 23Shore Bancshares, Inc. announces Quarterly dividend, payable on June 17, 2026Shore Bancshares, Inc. announced Quarterly dividend of USD 0.1400 per share payable on June 17, 2026, ex-date on June 03, 2026 and record date on June 03, 2026.공고 • May 22Shore Bancshares, Inc. (NasdaqGS:SHBI) announces an Equity Buyback for $30 million worth of its shares.Shore Bancshares, Inc. (NasdaqGS:SHBI) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its common stock. The program will be valid for 12 months.공고 • Apr 24Shore Bancshares, Inc. Reports Net Charge Offs for the First Quarter Ended March 31, 2026Shore Bancshares, Inc. reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $847,000 compared to $554,000 a year ago.Reported Earnings • Mar 04Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$1.78 (up from US$1.32 in FY 2024). Revenue: US$216.7m (up 10.0% from FY 2024). Net income: US$59.5m (up 36% from FY 2024). Profit margin: 28% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.36% (up from 3.10% in FY 2024). Cost-to-income ratio: 57.4% (down from 61.4% in FY 2024). Non-performing loans: 0.82% (up from 0.45% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Feb 25Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 04 March 2026. Payment date: 18 March 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (2.4%).공고 • Feb 19Shore Bancshares, Inc. Announces Quarterly Dividend, Payable on March 18, 2026Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable March 18, 2026 to stockholders of record on March 4, 2026.Recent Insider Transactions • Feb 10Independent Director recently bought US$100k worth of stockOn the 5th of February, William Esham bought around 5k shares on-market at roughly US$19.99 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$101k. Insiders have collectively bought US$491k more in shares than they have sold in the last 12 months.Reported Earnings • Feb 03Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$1.78 (up from US$1.32 in FY 2024). Revenue: US$216.7m (up 10.0% from FY 2024). Net income: US$59.5m (up 36% from FY 2024). Profit margin: 28% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Price Target Changed • Feb 01Price target increased by 8.8% to US$20.00Up from US$18.38, the current price target is an average from 3 analysts. New target price is 5.4% above last closing price of US$18.97. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.77 for next year compared to US$1.32 last year.공고 • Jan 29+ 1 more updateShore Bancshares, Inc., Annual General Meeting, May 20, 2026Shore Bancshares, Inc., Annual General Meeting, May 20, 2026.공고 • Jan 03Shore Bancshares, Inc. to Report Q4, 2025 Results on Jan 27, 2026Shore Bancshares, Inc. announced that they will report Q4, 2025 results at 4:30 PM, US Eastern Standard Time on Jan 27, 2026Recent Insider Transactions • Nov 21Executive VP recently bought US$101k worth of stockOn the 18th of November, Aaron Kaslow bought around 7k shares on-market at roughly US$15.56 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$439k more in shares than they have sold in the last 12 months.공고 • Nov 14Shore Bancshares, Inc. announced that it has received $60 million in fundingShore Bancshares, Inc. announced that it has entered into Subordinated Note Purchase Agreements with qualified institutional buyers and accredited investors to issue and sold $60.0 million in gross principal amount of its 6.25% Fixed to Floating Rate Subordinated Notes due 2035. The Notes were issued by the Company to the Purchasers at a price equal to 100% of their face amount. The Notes mature on November 15, 2035 and bear interest at a fixed annual rate of 6.25%, payable semi-annually in arrears, to but excluding November 15, 2030.Declared Dividend • Nov 06Third quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 13th November 2025 Payment date: 26th November 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (28% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공고 • Nov 04Shore Bancshares, Inc. Declares Quarterly Dividend, Payable November 26, 2025Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 26, 2025 to stockholders of record on November 13, 2025.Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: US$0.43 (vs US$0.34 in 3Q 2024)Third quarter 2025 results: EPS: US$0.43 (up from US$0.34 in 3Q 2024). Revenue: US$53.4m (up 8.7% from 3Q 2024). Net income: US$14.3m (up 28% from 3Q 2024). Profit margin: 27% (up from 23% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공고 • Oct 24Shore Bancshares, Inc. Announces Net Charge-Offs for the Third Quarter Ended September 30, 2025Shore Bancshares, Inc. announced Net charge-offs for the third quarter ended September 30, 2025. Net charge-offs increased to $1,825,000 for the third quarter of 2025 compared to $649,000 for the second quarter of 2025, and increased compared to $1.3 million for the third quarter of 2024. The increase was driven by a large marine loan write-down in the third quarter 2025.공고 • Oct 01Shore Bancshares, Inc. to Report Q3, 2025 Results on Oct 23, 2025Shore Bancshares, Inc. announced that they will report Q3, 2025 results at 4:30 PM, US Eastern Standard Time on Oct 23, 2025분석 기사 • Aug 07Shore Bancshares (NASDAQ:SHBI) Will Pay A Dividend Of $0.12Shore Bancshares, Inc. ( NASDAQ:SHBI ) has announced that it will pay a dividend of $0.12 per share on the 25th of...Declared Dividend • Aug 06Second quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 11th August 2025 Payment date: 25th August 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.8% over the next year, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • Aug 05Insider recently bought US$150k worth of stockOn the 1st of August, Michael Adams bought around 10k shares on-market at roughly US$15.00 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$319k more in shares than they have sold in the last 12 months.공고 • Aug 02Shore Bancshares, Inc. Reports Quarterly Common Stock Dividend, Payable on August 25, 2025Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable August 25, 2025 to stockholders of record on August 11, 2025.Reported Earnings • Jul 27Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.47 (up from US$0.34 in 2Q 2024). Revenue: US$55.0m (up 14% from 2Q 2024). Net income: US$15.5m (up 38% from 2Q 2024). Profit margin: 28% (up from 23% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings.공고 • Jul 25Shore Bancshares, Inc. Announces Net Charge-Offs for the Second Quarter Ended June 30, 2025Shore Bancshares, Inc. announced Net charge-offs for the second quarter ended June 30, 2025. For the quarter, the company reported Net charge-offs of $649,000 against $886,000 a year ago.분석 기사 • May 05Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12The board of Shore Bancshares, Inc. ( NASDAQ:SHBI ) has announced that it will pay a dividend of $0.12 per share on the...Declared Dividend • May 05First quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 12th May 2025 Payment date: 23rd May 2025 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.8% over the next year, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • May 04Insider recently bought US$71k worth of stockOn the 2nd of May, Konrad Wayson bought around 5k shares on-market at roughly US$14.25 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$205k more in shares than they have sold in the last 12 months.공고 • May 02Shore Bancshares, Inc. Declares Quarterly Common Stock Dividend, Payable on May 23, 2025Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable May 23, 2025 to stockholders of record on May 12, 2025.Price Target Changed • May 01Price target decreased by 7.3% to US$17.00Down from US$18.33, the current price target is an average from 3 analysts. New target price is 22% above last closing price of US$13.91. Stock is up 30% over the past year. The company is forecast to post earnings per share of US$1.61 for next year compared to US$1.32 last year.Reported Earnings • Apr 29First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.41 (up from US$0.25 in 1Q 2024). Revenue: US$52.0m (up 10.0% from 1Q 2024). Net income: US$13.8m (up 68% from 1Q 2024). Profit margin: 27% (up from 17% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year.공고 • Apr 18+ 1 more updateShore Bancshares, Inc. Appoints Charles S. Cullum as Chief Financial Officer, Effective April 21, 2025Shore Bancshares, Inc. announced that it appointed Charles S. Cullum to Executive Vice President and Chief Financial Officer effective April 21, 2025. Todd L. Capitani, the Company’s current Chief Financial Officer, who previously announced his retirement, will continue with the Company until August 15, 2025 to support this leadership transition. Mr. Cullum, age 40, brings more than 20 years of financial experience, most recently having served as Chief Financial Officer at Sandy Spring Bancorp since May 2024. Prior to his appointment as Chief Financial Officer, Mr. Cullum served in various roles at Sandy Spring including Deputy Chief Financial Officer, Financial Division Executive and Treasurer, as well as other finance positions.공고 • Apr 16Shore Bancshares, Inc., Annual General Meeting, May 29, 2025Shore Bancshares, Inc., Annual General Meeting, May 29, 2025.Buy Or Sell Opportunity • Apr 10Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to US$11.80. The fair value is estimated to be US$14.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.Price Target Changed • Apr 04Price target decreased by 7.8% to US$17.67Down from US$19.17, the current price target is an average from 3 analysts. New target price is 47% above last closing price of US$12.05. Stock is up 11% over the past year. The company is forecast to post earnings per share of US$1.57 for next year compared to US$1.32 last year.Reported Earnings • Mar 11Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$1.32 (up from US$0.42 in FY 2023). Revenue: US$197.0m (up 53% from FY 2023). Net income: US$43.9m (up 291% from FY 2023). Profit margin: 22% (up from 8.7% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.10% (down from 3.11% in FY 2023). Non-performing loans: 0.45% (up from 0.29% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 14% per year.분석 기사 • Feb 10Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12Shore Bancshares, Inc. ( NASDAQ:SHBI ) will pay a dividend of $0.12 on the 27th of February. Based on this payment, the...Declared Dividend • Feb 10Fourth quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 13th February 2025 Payment date: 27th February 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (36% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 31Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$1.32 (up from US$0.42 in FY 2023). Revenue: US$197.0m (up 53% from FY 2023). Net income: US$43.9m (up 291% from FY 2023). Profit margin: 22% (up from 8.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Price Target Changed • Dec 04Price target increased by 16% to US$17.75Up from US$15.25, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$17.43. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$1.28 for next year compared to US$0.42 last year.Declared Dividend • Nov 03Third quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 12th November 2024 Payment date: 29th November 2024 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (39% payout ratio) and is expected to be well covered in 3 years' time (30% forecast payout ratio). The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 34% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공고 • Oct 31Shore Bancshares, Inc. Declares Quarterly Dividend, Payable on November 29, 2024Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 29, 2024 to stockholders of record on November 12, 2024.Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.34 (up from US$0.29 loss in 3Q 2023). Revenue: US$49.1m (up 108% from 3Q 2023). Net income: US$11.2m (up US$20.9m from 3Q 2023). Profit margin: 23% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 4.2%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Declared Dividend • Aug 05Second quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 12th August 2024 Payment date: 30th August 2024 Dividend yield will be 3.7%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 47% over the next year, which should provide support to the dividend and adequate earnings cover.공고 • Aug 02Shore Bancshares, Inc. Declares Quarterly Dividend, Payable on August 30, 2024Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable August 30, 2024 to stockholders of record on August 12, 2024.Price Target Changed • Jul 28Price target increased by 7.8% to US$13.75Up from US$12.75, the current price target is an average from 2 analysts. New target price is 6.1% below last closing price of US$14.64. Stock is up 22% over the past year. The company is forecast to post earnings per share of US$1.31 for next year compared to US$0.42 last year.Reported Earnings • Jul 26Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$0.34 (up from US$0.20 in 2Q 2023). Revenue: US$48.5m (up 79% from 2Q 2023). Net income: US$11.2m (up 180% from 2Q 2023). Profit margin: 23% (up from 15% in 2Q 2023). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 3.0%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.공고 • Jul 26Shore Bancshares, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024Shore Bancshares, Inc. reported net charge-offs for the second quarter ended June 30, 2024. Net charge-offs for the second quarter of 2024 were $0.9 million compared to net charge-offs of $0.6 million for the first quarter of 2024 and net charge offs of $50,000 for the second quarter of 2023.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$13.54, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Banks industry in the US. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$7.47 per share.Recent Insider Transactions • May 17Independent Director recently bought US$56k worth of stockOn the 9th of May, Clyde Kelly bought around 5k shares on-market at roughly US$11.19 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$359k more in shares than they have sold in the last 12 months.분석 기사 • May 07Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12Shore Bancshares, Inc.'s ( NASDAQ:SHBI ) investors are due to receive a payment of $0.12 per share on 31st of May...Declared Dividend • May 06First quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 15th May 2024 Payment date: 31st May 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 23% to bring the payout ratio under control. EPS is expected to grow by 56% over the next year, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • May 03First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: US$0.24. Revenue: US$47.3m (up 59% from 1Q 2023). Net income: US$8.18m (up 27% from 1Q 2023). Profit margin: 17% (down from 22% in 1Q 2023). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Banks industry in the US.공고 • Apr 17Shore Bancshares, Inc., Annual General Meeting, May 30, 2024Shore Bancshares, Inc., Annual General Meeting, May 30, 2024, at 09:30 US Eastern Standard Time. Agenda: To consider election of directors; to consider advisory vote on executive compensation; and to consider other matters if any.Reported Earnings • Mar 17Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$0.42 (down from US$1.57 in FY 2022). Revenue: US$128.7m (up 5.1% from FY 2022). Net income: US$11.2m (down 64% from FY 2022). Profit margin: 8.7% (down from 26% in FY 2022). Net interest margin (NIM): 3.11% (down from 3.15% in FY 2022). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year.Declared Dividend • Feb 07Fourth quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 9th February 2024 Payment date: 29th February 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio). However, the dividend is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 27% to bring the payout ratio under control. EPS is expected to grow by 132% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Price Target Changed • Feb 06Price target decreased by 11% to US$14.08Down from US$15.83, the current price target is an average from 3 analysts. New target price is 27% above last closing price of US$11.10. Stock is down 38% over the past year. The company is forecast to post earnings per share of US$1.45 for next year compared to US$0.42 last year.공고 • Feb 03Shore Bancshares, Inc. Declares Quarterly Dividend, Payable on February 29, 2024Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable February 29, 2024 to stockholders of record on February 12, 2024.Reported Earnings • Feb 02Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$0.42 (down from US$1.57 in FY 2022). Revenue: US$128.7m (up 5.1% from FY 2022). Net income: US$11.2m (down 64% from FY 2022). Profit margin: 8.7% (down from 26% in FY 2022). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공고 • Feb 01Shore Bancshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023Shore Bancshares, Inc. reported Net charge-offs for the fourth quarter ended December 31, 2023. For the quarter, the company reported Net charge-offs of $500,000 against $84,000 a year ago.Major Estimate Revision • Jan 11Consensus EPS estimates increase by 44%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$0.61 to US$0.877. Revenue forecast unchanged at US$163.7m. Net income forecast to grow 367% next year vs 10% decline forecast for Banks industry in the US. Consensus price target up from US$15.17 to US$15.83. Share price fell 3.1% to US$13.14 over the past week.Reported Earnings • Dec 27Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: US$0.29 loss per share (down from US$0.49 profit in 3Q 2022). Revenue: US$23.6m (down 26% from 3Q 2022). Net loss: US$9.74m (down 201% from profit in 3Q 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.Price Target Changed • Dec 22Price target increased by 12% to US$15.17Up from US$13.58, the current price target is an average from 3 analysts. New target price is 6.9% above last closing price of US$14.19. Stock is down 19% over the past year. The company is forecast to post earnings per share of US$0.61 for next year compared to US$1.57 last year.Recent Insider Transactions • Dec 01Independent Director recently bought US$92k worth of stockOn the 30th of November, Dawn Willey bought around 8k shares on-market at roughly US$12.25 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$436k more in shares than they have sold in the last 12 months.분석 기사 • Nov 12Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12Shore Bancshares, Inc. ( NASDAQ:SHBI ) has announced that it will pay a dividend of $0.12 per share on the 30th of...공고 • Nov 08Shore Bancshares, Inc. Declares Quarterly Common Stock Dividend, Payable on November 30, 2023Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 30, 2023 to stockholders of record on November 18, 2023.공고 • Nov 02Shore Bancshares, Inc. Reports Unaudited Net Charge-Offs for the Third Quarter Ended September 30, 2023Shore Bancshares, Inc. reported unaudited Net charge-offs for the third quarter ended September 30, 2023. For the quarter, the company reported net charge-offs were $1,449,000.Major Estimate Revision • Aug 03Consensus EPS estimates fall by 32%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$140.6m to US$150.1m. EPS estimate fell from US$1.40 to US$0.953 per share. Net income forecast to grow 34% next year vs 11% decline forecast for Banks industry in the US. Consensus price target of US$14.50 unchanged from last update. Share price fell 12% to US$11.60 over the past week.Reported Earnings • Jul 28Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: US$0.20 (down from US$0.38 in 2Q 2022). Revenue: US$27.1m (down 10% from 2Q 2022). Net income: US$4.02m (down 46% from 2Q 2022). Profit margin: 15% (down from 25% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.공고 • Jul 28Shore Bancshares, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023Shore Bancshares, Inc. reported net charge-offs for the second quarter ended June 30, 2023. Net charge-offs for the second quarter of 2023 were $50,000, compared to net charge-offs of $20,000 for the first quarter of 2023 and net recoveries of $573,000 for the second quarter of 2022.공고 • Jul 26Shore Bancshares, Inc. Declares A Quarterly Common Stock Dividend, Payable August 31, 2023Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable August 31, 2023, to stockholders of record on August 4, 2023.Major Estimate Revision • Jul 14Consensus revenue estimates decrease by 14%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$164.1m to US$140.6m. EPS estimate increased from US$0.89 to US$1.40 per share. Net income forecast to grow 35% next year vs 8.5% decline forecast for Banks industry in the US. Consensus price target of US$14.67 unchanged from last update. Share price rose 2.8% to US$11.85 over the past week.New Risk • Jul 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 67% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Price Target Changed • Jun 29Price target decreased by 19% to US$14.00Down from US$17.33, the current price target is an average from 2 analysts. New target price is 20% above last closing price of US$11.70. Stock is down 37% over the past year. The company is forecast to post earnings per share of US$0.89 for next year compared to US$1.57 last year.Major Estimate Revision • May 26Consensus EPS estimates fall by 37%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$1.46 to US$0.925. Revenue forecast unchanged from US$164.1m at last update. Net income forecast to shrink 3.1% next year vs 6.2% decline forecast for Banks industry in the US. Consensus price target down from US$17.33 to US$16.67. Share price fell 2.5% to US$11.19 over the past week.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$11.16, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 33% over the past three years.공고 • May 05Shore Bancshares, Inc. Declares Quarterly Common Stock Dividend, Payable on May 31, 2023Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable May 31, 2023, to stockholders of record on May 13, 2023.Reported Earnings • Apr 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$1.57 (up from US$1.17 in FY 2021). Revenue: US$122.5m (up 57% from FY 2021). Net income: US$31.2m (up 103% from FY 2021). Profit margin: 26% (up from 20% in FY 2021). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.15% (up from 2.94% in FY 2021). Non-performing loans: 0.15% (up from 0.12% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Mar 14With EPS Growth And More, Shore Bancshares (NASDAQ:SHBI) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Price Target Changed • Mar 10Price target decreased by 7.8% to US$19.67Down from US$21.33, the current price target is an average from 3 analysts. New target price is 20% above last closing price of US$16.38. Stock is down 21% over the past year. The company is forecast to post earnings per share of US$1.85 for next year compared to US$1.57 last year.공고 • Feb 09Shore Bancshares, Inc. Declares Quarterly Dividend, Payable on February 28, 2023Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable February 28, 2023, to stockholders of record on February 18, 2023.Recent Insider Transactions • Feb 03Independent Director recently bought US$71k worth of stockOn the 2nd of February, Dawn Willey bought around 4k shares on-market at roughly US$17.84 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$125k more in shares than they have sold in the last 12 months.이익 및 매출 성장 예측NasdaqGS:SHBI - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202725476N/AN/A212/31/202624572N/AN/A26/30/2026230668790N/A3/31/2026224637174N/A12/31/2025217605962N/A9/30/2025212578386N/A6/30/2025208544953N/A3/31/2025202496064N/A12/31/2024197444247N/A9/30/2024193414451N/A6/30/2024168201017N/A3/31/202414613714N/A12/31/2023129111723N/A9/30/20231139-15-11N/A6/30/2023121291820N/A3/31/2023124323739N/A12/31/2022122315053N/A9/30/2022118252427N/A6/30/2022104202125N/A3/31/202290171014N/A12/31/20217815-11-8N/A9/30/202166172124N/A6/30/202162151719N/A3/31/202161171618N/A12/31/202059161618N/A9/30/202059161214N/A6/30/202060171619N/A3/31/20205916N/A10N/A12/31/20195916N/A14N/A9/30/20195916N/A16N/A6/30/20195916N/A15N/A3/31/20195816N/A24N/A12/31/20185816N/A18N/A9/30/20185013N/A18N/A6/30/20185212N/A20N/A3/31/20185110N/A18N/A12/31/2017529N/A20N/A9/30/20175811N/A20N/A6/30/20175510N/A17N/A3/31/20175410N/A19N/A12/31/20165310N/A19N/A9/30/2016529N/A18N/A6/30/2016519N/A18N/A3/31/2016508N/A16N/A12/31/2015497N/A15N/A9/30/2015486N/A14N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SHBI 의 연간 예상 수익 증가율(8.1%)이 saving rate(3.7%)보다 높습니다.수익 vs 시장: SHBI 의 연간 수익(8.1%)이 US 시장(16.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: SHBI 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: SHBI 의 수익(연간 6.1%)이 US 시장(연간 12.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: SHBI 의 수익(연간 6.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SHBI의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/21 03:11종가2026/08/21 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Shore Bancshares, Inc.는 4명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David BishopHovde Group, LLCChristopher McGrattyKeefe, Bruyette, & WoodsCatherine Summerson MealorKeefe, Bruyette, & Woods1명의 분석가 더 보기
Price Target Changed • Jul 27Price target increased by 9.9% to US$25.00Up from US$22.75, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$23.90. Stock is up 48% over the past year. The company is forecast to post earnings per share of US$2.16 for next year compared to US$1.78 last year.
분석 기사 • Jul 26Shore Bancshares, Inc. Just Beat EPS By 12%: Here's What Analysts Think Will Happen NextAs you might know, Shore Bancshares, Inc. ( NASDAQ:SHBI ) just kicked off its latest second-quarter results with some...
Price Target Changed • Feb 01Price target increased by 8.8% to US$20.00Up from US$18.38, the current price target is an average from 3 analysts. New target price is 5.4% above last closing price of US$18.97. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.77 for next year compared to US$1.32 last year.
Price Target Changed • May 01Price target decreased by 7.3% to US$17.00Down from US$18.33, the current price target is an average from 3 analysts. New target price is 22% above last closing price of US$13.91. Stock is up 30% over the past year. The company is forecast to post earnings per share of US$1.61 for next year compared to US$1.32 last year.
Price Target Changed • Apr 04Price target decreased by 7.8% to US$17.67Down from US$19.17, the current price target is an average from 3 analysts. New target price is 47% above last closing price of US$12.05. Stock is up 11% over the past year. The company is forecast to post earnings per share of US$1.57 for next year compared to US$1.32 last year.
Price Target Changed • Dec 04Price target increased by 16% to US$17.75Up from US$15.25, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$17.43. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$1.28 for next year compared to US$0.42 last year.
공고 • 17hShore Bancshares, Inc. Announces Quarterly Dividend, Payable on September 16, 2026Shore Bancshares, Inc. the parent company of Shore United Bank, N.A. announced that its Board of Directors has declared a quarterly common stock dividend of $0.14 per share, payable on September 16, 2026, to holders of record at the close of business on September 2, 2026.
Seeking Alpha • Aug 19Shore Bancshares: A Remarkable Sub-50% LTV Ratio In The CRE Loan BookSummary Shore Bancshares delivered robust Q2 results, with net interest income rising more than 10% and loan loss provisions kept below $1 million. SHBI’s loan book is anchored by low LTV ratios, especially in commercial real estate, supporting asset quality and manageable credit risk. The bank’s payout ratio remains conservative at 25%, enabling strong earnings retention and tangible book value growth. SHBI trades at just over 10x anticipated earnings and a 50% premium to tangible book, with close monitoring warranted on $55M in current nonaccrual loans. Read the full article on Seeking Alpha
Price Target Changed • Jul 27Price target increased by 9.9% to US$25.00Up from US$22.75, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$23.90. Stock is up 48% over the past year. The company is forecast to post earnings per share of US$2.16 for next year compared to US$1.78 last year.
분석 기사 • Jul 26Shore Bancshares, Inc. Just Beat EPS By 12%: Here's What Analysts Think Will Happen NextAs you might know, Shore Bancshares, Inc. ( NASDAQ:SHBI ) just kicked off its latest second-quarter results with some...
Reported Earnings • Jul 26Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.56 (up from US$0.47 in 2Q 2025). Revenue: US$60.9m (up 11% from 2Q 2025). Net income: US$18.9m (up 22% from 2Q 2025). Profit margin: 31% (up from 28% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
공고 • Jul 24+ 1 more updateShore Bancshares, Inc. Provides Initial Notice of Non-Compliance to NasdaqShore Bancshares, Inc., on July 17, 2026, provided initial notice to The Nasdaq Stock Market, Inc. (“Nasdaq”) that Shore United Bank, N.A., which is the Company’s wholly owned subsidiary bank (the “Bank”), had made payments to a law firm of which Mr. Louis P. Jenkins, Jr., a director and former member of the Audit Committee, is a partner. The payments made to the law firm were for legal services in connection with various loan matters. The payments, which totaled $10,555, were for legal services rendered by the law firm from February to April 2026, during which period Mr. Jenkins was serving on the Company’s Audit Committee. As a result of such payments, the Company believes it did not comply with Nasdaq’s audit committee composition requirements under Nasdaq Listing Rule 5605(c)(2) (the “Rule”). Among other things, the Rule requires that each member of the Audit Committee meet the criteria for independence set forth in Rule 10A-3(b)(1) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). In order to resolve this violation, effective as of July 16, 2026, Mr. Jenkins resigned from the Company’s Audit Committee. The Audit Committee is now comprised of four members who all meet the requirements of the Rule.
공고 • Jun 30Shore Bancshares, Inc. to Report Q2, 2026 Results on Jul 23, 2026Shore Bancshares, Inc. announced that they will report Q2, 2026 results on Jul 23, 2026
공고 • Jun 29+ 6 more updatesShore Bancshares, Inc.(NasdaqGS:SHBI) dropped from Russell Small Cap Comp Growth BenchmarkShore Bancshares, Inc.(NasdaqGS:SHBI) dropped from Russell Small Cap Comp Growth Benchmark
Upcoming Dividend • May 27Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 03 June 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (2.4%).
공고 • May 23Shore Bancshares, Inc. announces Quarterly dividend, payable on June 17, 2026Shore Bancshares, Inc. announced Quarterly dividend of USD 0.1400 per share payable on June 17, 2026, ex-date on June 03, 2026 and record date on June 03, 2026.
공고 • May 22Shore Bancshares, Inc. (NasdaqGS:SHBI) announces an Equity Buyback for $30 million worth of its shares.Shore Bancshares, Inc. (NasdaqGS:SHBI) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its common stock. The program will be valid for 12 months.
공고 • Apr 24Shore Bancshares, Inc. Reports Net Charge Offs for the First Quarter Ended March 31, 2026Shore Bancshares, Inc. reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $847,000 compared to $554,000 a year ago.
Reported Earnings • Mar 04Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$1.78 (up from US$1.32 in FY 2024). Revenue: US$216.7m (up 10.0% from FY 2024). Net income: US$59.5m (up 36% from FY 2024). Profit margin: 28% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.36% (up from 3.10% in FY 2024). Cost-to-income ratio: 57.4% (down from 61.4% in FY 2024). Non-performing loans: 0.82% (up from 0.45% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Feb 25Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 04 March 2026. Payment date: 18 March 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (2.4%).
공고 • Feb 19Shore Bancshares, Inc. Announces Quarterly Dividend, Payable on March 18, 2026Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable March 18, 2026 to stockholders of record on March 4, 2026.
Recent Insider Transactions • Feb 10Independent Director recently bought US$100k worth of stockOn the 5th of February, William Esham bought around 5k shares on-market at roughly US$19.99 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$101k. Insiders have collectively bought US$491k more in shares than they have sold in the last 12 months.
Reported Earnings • Feb 03Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$1.78 (up from US$1.32 in FY 2024). Revenue: US$216.7m (up 10.0% from FY 2024). Net income: US$59.5m (up 36% from FY 2024). Profit margin: 28% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Feb 01Price target increased by 8.8% to US$20.00Up from US$18.38, the current price target is an average from 3 analysts. New target price is 5.4% above last closing price of US$18.97. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.77 for next year compared to US$1.32 last year.
공고 • Jan 29+ 1 more updateShore Bancshares, Inc., Annual General Meeting, May 20, 2026Shore Bancshares, Inc., Annual General Meeting, May 20, 2026.
공고 • Jan 03Shore Bancshares, Inc. to Report Q4, 2025 Results on Jan 27, 2026Shore Bancshares, Inc. announced that they will report Q4, 2025 results at 4:30 PM, US Eastern Standard Time on Jan 27, 2026
Recent Insider Transactions • Nov 21Executive VP recently bought US$101k worth of stockOn the 18th of November, Aaron Kaslow bought around 7k shares on-market at roughly US$15.56 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$439k more in shares than they have sold in the last 12 months.
공고 • Nov 14Shore Bancshares, Inc. announced that it has received $60 million in fundingShore Bancshares, Inc. announced that it has entered into Subordinated Note Purchase Agreements with qualified institutional buyers and accredited investors to issue and sold $60.0 million in gross principal amount of its 6.25% Fixed to Floating Rate Subordinated Notes due 2035. The Notes were issued by the Company to the Purchasers at a price equal to 100% of their face amount. The Notes mature on November 15, 2035 and bear interest at a fixed annual rate of 6.25%, payable semi-annually in arrears, to but excluding November 15, 2030.
Declared Dividend • Nov 06Third quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 13th November 2025 Payment date: 26th November 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (28% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공고 • Nov 04Shore Bancshares, Inc. Declares Quarterly Dividend, Payable November 26, 2025Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 26, 2025 to stockholders of record on November 13, 2025.
Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: US$0.43 (vs US$0.34 in 3Q 2024)Third quarter 2025 results: EPS: US$0.43 (up from US$0.34 in 3Q 2024). Revenue: US$53.4m (up 8.7% from 3Q 2024). Net income: US$14.3m (up 28% from 3Q 2024). Profit margin: 27% (up from 23% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공고 • Oct 24Shore Bancshares, Inc. Announces Net Charge-Offs for the Third Quarter Ended September 30, 2025Shore Bancshares, Inc. announced Net charge-offs for the third quarter ended September 30, 2025. Net charge-offs increased to $1,825,000 for the third quarter of 2025 compared to $649,000 for the second quarter of 2025, and increased compared to $1.3 million for the third quarter of 2024. The increase was driven by a large marine loan write-down in the third quarter 2025.
공고 • Oct 01Shore Bancshares, Inc. to Report Q3, 2025 Results on Oct 23, 2025Shore Bancshares, Inc. announced that they will report Q3, 2025 results at 4:30 PM, US Eastern Standard Time on Oct 23, 2025
분석 기사 • Aug 07Shore Bancshares (NASDAQ:SHBI) Will Pay A Dividend Of $0.12Shore Bancshares, Inc. ( NASDAQ:SHBI ) has announced that it will pay a dividend of $0.12 per share on the 25th of...
Declared Dividend • Aug 06Second quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 11th August 2025 Payment date: 25th August 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.8% over the next year, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • Aug 05Insider recently bought US$150k worth of stockOn the 1st of August, Michael Adams bought around 10k shares on-market at roughly US$15.00 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$319k more in shares than they have sold in the last 12 months.
공고 • Aug 02Shore Bancshares, Inc. Reports Quarterly Common Stock Dividend, Payable on August 25, 2025Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable August 25, 2025 to stockholders of record on August 11, 2025.
Reported Earnings • Jul 27Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.47 (up from US$0.34 in 2Q 2024). Revenue: US$55.0m (up 14% from 2Q 2024). Net income: US$15.5m (up 38% from 2Q 2024). Profit margin: 28% (up from 23% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings.
공고 • Jul 25Shore Bancshares, Inc. Announces Net Charge-Offs for the Second Quarter Ended June 30, 2025Shore Bancshares, Inc. announced Net charge-offs for the second quarter ended June 30, 2025. For the quarter, the company reported Net charge-offs of $649,000 against $886,000 a year ago.
분석 기사 • May 05Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12The board of Shore Bancshares, Inc. ( NASDAQ:SHBI ) has announced that it will pay a dividend of $0.12 per share on the...
Declared Dividend • May 05First quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 12th May 2025 Payment date: 23rd May 2025 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.8% over the next year, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • May 04Insider recently bought US$71k worth of stockOn the 2nd of May, Konrad Wayson bought around 5k shares on-market at roughly US$14.25 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$205k more in shares than they have sold in the last 12 months.
공고 • May 02Shore Bancshares, Inc. Declares Quarterly Common Stock Dividend, Payable on May 23, 2025Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable May 23, 2025 to stockholders of record on May 12, 2025.
Price Target Changed • May 01Price target decreased by 7.3% to US$17.00Down from US$18.33, the current price target is an average from 3 analysts. New target price is 22% above last closing price of US$13.91. Stock is up 30% over the past year. The company is forecast to post earnings per share of US$1.61 for next year compared to US$1.32 last year.
Reported Earnings • Apr 29First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.41 (up from US$0.25 in 1Q 2024). Revenue: US$52.0m (up 10.0% from 1Q 2024). Net income: US$13.8m (up 68% from 1Q 2024). Profit margin: 27% (up from 17% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year.
공고 • Apr 18+ 1 more updateShore Bancshares, Inc. Appoints Charles S. Cullum as Chief Financial Officer, Effective April 21, 2025Shore Bancshares, Inc. announced that it appointed Charles S. Cullum to Executive Vice President and Chief Financial Officer effective April 21, 2025. Todd L. Capitani, the Company’s current Chief Financial Officer, who previously announced his retirement, will continue with the Company until August 15, 2025 to support this leadership transition. Mr. Cullum, age 40, brings more than 20 years of financial experience, most recently having served as Chief Financial Officer at Sandy Spring Bancorp since May 2024. Prior to his appointment as Chief Financial Officer, Mr. Cullum served in various roles at Sandy Spring including Deputy Chief Financial Officer, Financial Division Executive and Treasurer, as well as other finance positions.
공고 • Apr 16Shore Bancshares, Inc., Annual General Meeting, May 29, 2025Shore Bancshares, Inc., Annual General Meeting, May 29, 2025.
Buy Or Sell Opportunity • Apr 10Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to US$11.80. The fair value is estimated to be US$14.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.
Price Target Changed • Apr 04Price target decreased by 7.8% to US$17.67Down from US$19.17, the current price target is an average from 3 analysts. New target price is 47% above last closing price of US$12.05. Stock is up 11% over the past year. The company is forecast to post earnings per share of US$1.57 for next year compared to US$1.32 last year.
Reported Earnings • Mar 11Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$1.32 (up from US$0.42 in FY 2023). Revenue: US$197.0m (up 53% from FY 2023). Net income: US$43.9m (up 291% from FY 2023). Profit margin: 22% (up from 8.7% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.10% (down from 3.11% in FY 2023). Non-performing loans: 0.45% (up from 0.29% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 14% per year.
분석 기사 • Feb 10Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12Shore Bancshares, Inc. ( NASDAQ:SHBI ) will pay a dividend of $0.12 on the 27th of February. Based on this payment, the...
Declared Dividend • Feb 10Fourth quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 13th February 2025 Payment date: 27th February 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (36% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 31Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$1.32 (up from US$0.42 in FY 2023). Revenue: US$197.0m (up 53% from FY 2023). Net income: US$43.9m (up 291% from FY 2023). Profit margin: 22% (up from 8.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Price Target Changed • Dec 04Price target increased by 16% to US$17.75Up from US$15.25, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$17.43. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$1.28 for next year compared to US$0.42 last year.
Declared Dividend • Nov 03Third quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 12th November 2024 Payment date: 29th November 2024 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (39% payout ratio) and is expected to be well covered in 3 years' time (30% forecast payout ratio). The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 34% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공고 • Oct 31Shore Bancshares, Inc. Declares Quarterly Dividend, Payable on November 29, 2024Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 29, 2024 to stockholders of record on November 12, 2024.
Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.34 (up from US$0.29 loss in 3Q 2023). Revenue: US$49.1m (up 108% from 3Q 2023). Net income: US$11.2m (up US$20.9m from 3Q 2023). Profit margin: 23% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 4.2%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Declared Dividend • Aug 05Second quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 12th August 2024 Payment date: 30th August 2024 Dividend yield will be 3.7%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 47% over the next year, which should provide support to the dividend and adequate earnings cover.
공고 • Aug 02Shore Bancshares, Inc. Declares Quarterly Dividend, Payable on August 30, 2024Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable August 30, 2024 to stockholders of record on August 12, 2024.
Price Target Changed • Jul 28Price target increased by 7.8% to US$13.75Up from US$12.75, the current price target is an average from 2 analysts. New target price is 6.1% below last closing price of US$14.64. Stock is up 22% over the past year. The company is forecast to post earnings per share of US$1.31 for next year compared to US$0.42 last year.
Reported Earnings • Jul 26Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$0.34 (up from US$0.20 in 2Q 2023). Revenue: US$48.5m (up 79% from 2Q 2023). Net income: US$11.2m (up 180% from 2Q 2023). Profit margin: 23% (up from 15% in 2Q 2023). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 3.0%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
공고 • Jul 26Shore Bancshares, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024Shore Bancshares, Inc. reported net charge-offs for the second quarter ended June 30, 2024. Net charge-offs for the second quarter of 2024 were $0.9 million compared to net charge-offs of $0.6 million for the first quarter of 2024 and net charge offs of $50,000 for the second quarter of 2023.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$13.54, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Banks industry in the US. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$7.47 per share.
Recent Insider Transactions • May 17Independent Director recently bought US$56k worth of stockOn the 9th of May, Clyde Kelly bought around 5k shares on-market at roughly US$11.19 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$359k more in shares than they have sold in the last 12 months.
분석 기사 • May 07Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12Shore Bancshares, Inc.'s ( NASDAQ:SHBI ) investors are due to receive a payment of $0.12 per share on 31st of May...
Declared Dividend • May 06First quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 15th May 2024 Payment date: 31st May 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 23% to bring the payout ratio under control. EPS is expected to grow by 56% over the next year, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • May 03First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: US$0.24. Revenue: US$47.3m (up 59% from 1Q 2023). Net income: US$8.18m (up 27% from 1Q 2023). Profit margin: 17% (down from 22% in 1Q 2023). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Banks industry in the US.
공고 • Apr 17Shore Bancshares, Inc., Annual General Meeting, May 30, 2024Shore Bancshares, Inc., Annual General Meeting, May 30, 2024, at 09:30 US Eastern Standard Time. Agenda: To consider election of directors; to consider advisory vote on executive compensation; and to consider other matters if any.
Reported Earnings • Mar 17Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$0.42 (down from US$1.57 in FY 2022). Revenue: US$128.7m (up 5.1% from FY 2022). Net income: US$11.2m (down 64% from FY 2022). Profit margin: 8.7% (down from 26% in FY 2022). Net interest margin (NIM): 3.11% (down from 3.15% in FY 2022). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year.
Declared Dividend • Feb 07Fourth quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 9th February 2024 Payment date: 29th February 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio). However, the dividend is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 27% to bring the payout ratio under control. EPS is expected to grow by 132% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Price Target Changed • Feb 06Price target decreased by 11% to US$14.08Down from US$15.83, the current price target is an average from 3 analysts. New target price is 27% above last closing price of US$11.10. Stock is down 38% over the past year. The company is forecast to post earnings per share of US$1.45 for next year compared to US$0.42 last year.
공고 • Feb 03Shore Bancshares, Inc. Declares Quarterly Dividend, Payable on February 29, 2024Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable February 29, 2024 to stockholders of record on February 12, 2024.
Reported Earnings • Feb 02Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$0.42 (down from US$1.57 in FY 2022). Revenue: US$128.7m (up 5.1% from FY 2022). Net income: US$11.2m (down 64% from FY 2022). Profit margin: 8.7% (down from 26% in FY 2022). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공고 • Feb 01Shore Bancshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023Shore Bancshares, Inc. reported Net charge-offs for the fourth quarter ended December 31, 2023. For the quarter, the company reported Net charge-offs of $500,000 against $84,000 a year ago.
Major Estimate Revision • Jan 11Consensus EPS estimates increase by 44%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$0.61 to US$0.877. Revenue forecast unchanged at US$163.7m. Net income forecast to grow 367% next year vs 10% decline forecast for Banks industry in the US. Consensus price target up from US$15.17 to US$15.83. Share price fell 3.1% to US$13.14 over the past week.
Reported Earnings • Dec 27Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: US$0.29 loss per share (down from US$0.49 profit in 3Q 2022). Revenue: US$23.6m (down 26% from 3Q 2022). Net loss: US$9.74m (down 201% from profit in 3Q 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.
Price Target Changed • Dec 22Price target increased by 12% to US$15.17Up from US$13.58, the current price target is an average from 3 analysts. New target price is 6.9% above last closing price of US$14.19. Stock is down 19% over the past year. The company is forecast to post earnings per share of US$0.61 for next year compared to US$1.57 last year.
Recent Insider Transactions • Dec 01Independent Director recently bought US$92k worth of stockOn the 30th of November, Dawn Willey bought around 8k shares on-market at roughly US$12.25 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$436k more in shares than they have sold in the last 12 months.
분석 기사 • Nov 12Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12Shore Bancshares, Inc. ( NASDAQ:SHBI ) has announced that it will pay a dividend of $0.12 per share on the 30th of...
공고 • Nov 08Shore Bancshares, Inc. Declares Quarterly Common Stock Dividend, Payable on November 30, 2023Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 30, 2023 to stockholders of record on November 18, 2023.
공고 • Nov 02Shore Bancshares, Inc. Reports Unaudited Net Charge-Offs for the Third Quarter Ended September 30, 2023Shore Bancshares, Inc. reported unaudited Net charge-offs for the third quarter ended September 30, 2023. For the quarter, the company reported net charge-offs were $1,449,000.
Major Estimate Revision • Aug 03Consensus EPS estimates fall by 32%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$140.6m to US$150.1m. EPS estimate fell from US$1.40 to US$0.953 per share. Net income forecast to grow 34% next year vs 11% decline forecast for Banks industry in the US. Consensus price target of US$14.50 unchanged from last update. Share price fell 12% to US$11.60 over the past week.
Reported Earnings • Jul 28Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: US$0.20 (down from US$0.38 in 2Q 2022). Revenue: US$27.1m (down 10% from 2Q 2022). Net income: US$4.02m (down 46% from 2Q 2022). Profit margin: 15% (down from 25% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
공고 • Jul 28Shore Bancshares, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023Shore Bancshares, Inc. reported net charge-offs for the second quarter ended June 30, 2023. Net charge-offs for the second quarter of 2023 were $50,000, compared to net charge-offs of $20,000 for the first quarter of 2023 and net recoveries of $573,000 for the second quarter of 2022.
공고 • Jul 26Shore Bancshares, Inc. Declares A Quarterly Common Stock Dividend, Payable August 31, 2023Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable August 31, 2023, to stockholders of record on August 4, 2023.
Major Estimate Revision • Jul 14Consensus revenue estimates decrease by 14%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$164.1m to US$140.6m. EPS estimate increased from US$0.89 to US$1.40 per share. Net income forecast to grow 35% next year vs 8.5% decline forecast for Banks industry in the US. Consensus price target of US$14.67 unchanged from last update. Share price rose 2.8% to US$11.85 over the past week.
New Risk • Jul 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 67% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Price Target Changed • Jun 29Price target decreased by 19% to US$14.00Down from US$17.33, the current price target is an average from 2 analysts. New target price is 20% above last closing price of US$11.70. Stock is down 37% over the past year. The company is forecast to post earnings per share of US$0.89 for next year compared to US$1.57 last year.
Major Estimate Revision • May 26Consensus EPS estimates fall by 37%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$1.46 to US$0.925. Revenue forecast unchanged from US$164.1m at last update. Net income forecast to shrink 3.1% next year vs 6.2% decline forecast for Banks industry in the US. Consensus price target down from US$17.33 to US$16.67. Share price fell 2.5% to US$11.19 over the past week.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$11.16, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 33% over the past three years.
공고 • May 05Shore Bancshares, Inc. Declares Quarterly Common Stock Dividend, Payable on May 31, 2023Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable May 31, 2023, to stockholders of record on May 13, 2023.
Reported Earnings • Apr 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$1.57 (up from US$1.17 in FY 2021). Revenue: US$122.5m (up 57% from FY 2021). Net income: US$31.2m (up 103% from FY 2021). Profit margin: 26% (up from 20% in FY 2021). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.15% (up from 2.94% in FY 2021). Non-performing loans: 0.15% (up from 0.12% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Mar 14With EPS Growth And More, Shore Bancshares (NASDAQ:SHBI) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Price Target Changed • Mar 10Price target decreased by 7.8% to US$19.67Down from US$21.33, the current price target is an average from 3 analysts. New target price is 20% above last closing price of US$16.38. Stock is down 21% over the past year. The company is forecast to post earnings per share of US$1.85 for next year compared to US$1.57 last year.
공고 • Feb 09Shore Bancshares, Inc. Declares Quarterly Dividend, Payable on February 28, 2023Shore Bancshares, Inc. announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable February 28, 2023, to stockholders of record on February 18, 2023.
Recent Insider Transactions • Feb 03Independent Director recently bought US$71k worth of stockOn the 2nd of February, Dawn Willey bought around 4k shares on-market at roughly US$17.84 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$125k more in shares than they have sold in the last 12 months.