Shore Bancshares Management
Management criteria checks 2/4
Shore Bancshares' CEO is Jimmy Burke, appointed in Jul 2023, has a tenure of 1.58 years. total yearly compensation is $1.05M, comprised of 23.6% salary and 76.4% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $1.27M. The average tenure of the management team and the board of directors is 1.6 years and 3.7 years respectively.
Key information
Jimmy Burke
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 23.6% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.6yrs |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12
May 07
Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12
Nov 12With EPS Growth And More, Shore Bancshares (NASDAQ:SHBI) Makes An Interesting Case
Mar 14Shore Bancshares to commence up to $5.0M share repurchase program
Jul 06Analysts Are Betting On Shore Bancshares, Inc. (NASDAQ:SHBI) With A Big Upgrade This Week
Feb 18Shore Bancshares (NASDAQ:SHBI) Will Pay A Dividend Of US$0.12
Nov 06Shore Bancshares (NASDAQ:SHBI) Is Due To Pay A Dividend Of US$0.12
Aug 08Here's Why We Think Shore Bancshares (NASDAQ:SHBI) Is Well Worth Watching
Jun 14We Think Some Shareholders May Hesitate To Increase Shore Bancshares, Inc.'s (NASDAQ:SHBI) CEO Compensation
May 06What Is The Ownership Structure Like For Shore Bancshares, Inc. (NASDAQ:SHBI)?
Mar 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$44m |
| Sep 30 2024 | n/a | n/a | US$41m |
| Jun 30 2024 | n/a | n/a | US$20m |
| Mar 31 2024 | n/a | n/a | US$13m |
| Dec 31 2023 | US$1m | US$247k | US$11m |
Compensation vs Market: Jimmy's total compensation ($USD1.05M) is below average for companies of similar size in the US market ($USD2.12M).
Compensation vs Earnings: Insufficient data to compare Jimmy's compensation with company performance.
CEO
Jimmy Burke (56 yo)
1.6yrs
Tenure
US$1,046,220
Compensation
Mr. James M. Burke, also known as Jimmy, serves as President, Chief Executive Officer and Director of Shore Bancshares, Inc. since July 01, 2023. Mr. Burke serves as Director of Federal Home Loan Bank of A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | US$1.05m | 0.23% $ 1.3m | |
| Executive VP & COO | 9.6yrs | US$643.49k | 0.055% $ 304.9k | |
| Executive VP & Chief Human Resources Officer | 1.6yrs | US$743.92k | 0.15% $ 822.5k | |
| Executive VP & CFO | 1.6yrs | no data | 0.12% $ 666.8k | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Administrative Officer | 1.6yrs | no data | 0.18% $ 996.7k | |
| Executive VP | 3.3yrs | no data | 0.083% $ 461.5k | |
| Executive VP & Chief Banking Officer | 1.6yrs | no data | 0.16% $ 905.6k | |
| Executive VP & Chief Credit Officer | 9.1yrs | no data | 0.012% $ 68.3k | |
| Executive VP & Chief Risk Officer | 1.6yrs | no data | 0.034% $ 186.3k | |
| EVP Chief Internal Audit Officer | less than a year | no data | 0.0021% $ 11.7k |
1.6yrs
Average Tenure
56yo
Average Age
Experienced Management: SHBI's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | US$1.05m | 0.23% $ 1.3m | |
| Independent Chairman | 3.3yrs | US$227.74k | 5.31% $ 29.4m | |
| Vice Chairman & Lead Independent Director | 1.6yrs | US$45.26k | 0.21% $ 1.1m | |
| Independent Director | 1.6yrs | US$47.51k | 0.17% $ 963.8k | |
| Independent Director | 13.8yrs | US$67.00k | 0.14% $ 760.9k | |
| Independent Director | 1.6yrs | US$47.51k | 0.081% $ 447.6k | |
| Independent Director | 3.3yrs | US$62.74k | 0.19% $ 1.0m | |
| Independent Director | 4.7yrs | US$64.50k | 0.024% $ 130.8k | |
| Independent Director | 10.8yrs | US$64.50k | 0.024% $ 130.3k | |
| Independent Director | 8.8yrs | US$67.74k | 0.082% $ 451.4k | |
| Independent Director | 8.8yrs | US$68.84k | 0.086% $ 477.7k | |
| Independent Director | 4.1yrs | US$63.70k | 0.13% $ 733.2k |
3.7yrs
Average Tenure
61yo
Average Age
Experienced Board: SHBI's board of directors are considered experienced (3.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 23:19 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Shore Bancshares, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cary Morris | BB&T Capital Markets |
| Matthew Schultheis | Boenning & Scattergood, Inc. |
| John Rodis | Janney Montgomery Scott LLC |