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Shore Bancshares NasdaqGS:SHBI Stock Report

Last Price

US$15.45

Market Cap

US$520.9m

7D

-2.5%

1Y

15.6%

Updated

07 Jan, 2025

Data

Company Financials +

Shore Bancshares, Inc.

NasdaqGS:SHBI Stock Report

Market Cap: US$520.9m

SHBI Stock Overview

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

SHBI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Shore Bancshares, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Shore Bancshares
Historical stock prices
Current Share PriceUS$15.45
52 Week HighUS$17.61
52 Week LowUS$10.06
Beta0.96
1 Month Change-9.86%
3 Month Change15.38%
1 Year Change15.64%
3 Year Change-25.54%
5 Year Change-7.10%
Change since IPO28.75%

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

Shareholder Returns

SHBIUS BanksUS Market
7D-2.5%1.7%0.7%
1Y15.6%30.8%23.9%

Return vs Industry: SHBI underperformed the US Banks industry which returned 29.1% over the past year.

Return vs Market: SHBI underperformed the US Market which returned 24.4% over the past year.

Price Volatility

Is SHBI's price volatile compared to industry and market?
SHBI volatility
SHBI Average Weekly Movement5.0%
Banks Industry Average Movement5.1%
Market Average Movement6.4%
10% most volatile stocks in US Market18.7%
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$520.90m
Earnings (TTM)US$41.10m
Revenue (TTM)US$193.05m

12.5x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHBI income statement (TTM)
RevenueUS$193.05m
Cost of RevenueUS$0
Gross ProfitUS$193.05m
Other ExpensesUS$151.95m
EarningsUS$41.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.23
Gross Margin100.00%
Net Profit Margin21.29%
Debt/Equity Ratio23.2%

How did SHBI perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

39%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 05:33
End of Day Share Price 2025/01/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shore Bancshares, Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cary MorrisBB&T Capital Markets
Matthew SchultheisBoenning & Scattergood, Inc.
John RodisJanney Montgomery Scott LLC