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Shore Bancshares NasdaqGS:SHBI Stock Report

Last Price

US$13.30

Market Cap

US$446.1m

7D

-4.9%

1Y

26.1%

Updated

07 Oct, 2024

Data

Company Financials +

Shore Bancshares, Inc.

NasdaqGS:SHBI Stock Report

Market Cap: US$446.1m

SHBI Stock Overview

Operates as a bank holding company for the Shore United Bank, N.A.

SHBI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends2/6

Shore Bancshares, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shore Bancshares
Historical stock prices
Current Share PriceUS$13.30
52 Week HighUS$14.99
52 Week LowUS$9.66
Beta0.95
11 Month Change-3.13%
3 Month Change17.18%
1 Year Change26.07%
33 Year Change-27.52%
5 Year Change-14.30%
Change since IPO10.83%

Recent News & Updates

Recent updates

Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12

May 07
Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12

Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12

Nov 12
Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12

With EPS Growth And More, Shore Bancshares (NASDAQ:SHBI) Makes An Interesting Case

Mar 14
With EPS Growth And More, Shore Bancshares (NASDAQ:SHBI) Makes An Interesting Case

Shore Bancshares to commence up to $5.0M share repurchase program

Jul 06

Analysts Are Betting On Shore Bancshares, Inc. (NASDAQ:SHBI) With A Big Upgrade This Week

Feb 18
Analysts Are Betting On Shore Bancshares, Inc. (NASDAQ:SHBI) With A Big Upgrade This Week

Shore Bancshares (NASDAQ:SHBI) Will Pay A Dividend Of US$0.12

Nov 06
Shore Bancshares (NASDAQ:SHBI) Will Pay A Dividend Of US$0.12

Shore Bancshares (NASDAQ:SHBI) Is Due To Pay A Dividend Of US$0.12

Aug 08
Shore Bancshares (NASDAQ:SHBI) Is Due To Pay A Dividend Of US$0.12

Here's Why We Think Shore Bancshares (NASDAQ:SHBI) Is Well Worth Watching

Jun 14
Here's Why We Think Shore Bancshares (NASDAQ:SHBI) Is Well Worth Watching

We Think Some Shareholders May Hesitate To Increase Shore Bancshares, Inc.'s (NASDAQ:SHBI) CEO Compensation

May 06
We Think Some Shareholders May Hesitate To Increase Shore Bancshares, Inc.'s (NASDAQ:SHBI) CEO Compensation

What Is The Ownership Structure Like For Shore Bancshares, Inc. (NASDAQ:SHBI)?

Mar 15
What Is The Ownership Structure Like For Shore Bancshares, Inc. (NASDAQ:SHBI)?

Shore Bancshares, Inc. (NASDAQ:SHBI) Passed Our Checks, And It's About To Pay A US$0.12 Dividend

Feb 07
Shore Bancshares, Inc. (NASDAQ:SHBI) Passed Our Checks, And It's About To Pay A US$0.12 Dividend

Shore Bancshares declares $0.12 dividend

Feb 03

Shareholder Returns

SHBIUS BanksUS Market
7D-4.9%-0.5%-0.7%
1Y26.1%43.9%30.3%

Return vs Industry: SHBI underperformed the US Banks industry which returned 44.5% over the past year.

Return vs Market: SHBI underperformed the US Market which returned 32.2% over the past year.

Price Volatility

Is SHBI's price volatile compared to industry and market?
SHBI volatility
SHBI Average Weekly Movement4.7%
Banks Industry Average Movement4.7%
Market Average Movement6.4%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: SHBI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SHBI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1876620Jimmy Burkewww.shorebancshares.com

Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank, N.A. that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit, as well as other consumer financing products.

Shore Bancshares, Inc. Fundamentals Summary

How do Shore Bancshares's earnings and revenue compare to its market cap?
SHBI fundamental statistics
Market capUS$446.10m
Earnings (TTM)US$20.17m
Revenue (TTM)US$167.59m

22.0x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHBI income statement (TTM)
RevenueUS$167.59m
Cost of RevenueUS$0
Gross ProfitUS$167.59m
Other ExpensesUS$147.41m
EarningsUS$20.17m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin100.00%
Net Profit Margin12.04%
Debt/Equity Ratio29.4%

How did SHBI perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

79%

Payout Ratio