Symbols / SHBI Stock $19.72 -0.20% Shore Bancshares, Inc.

Financial Services • Banks - Regional • United States • NMS
SHBI (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Banks - Regional
CEO Mr. James M. Burke
Exch · Country NMS · United States
Market Cap 659.75M
Enterprise Value 418.17M
Income 62.83M
Sales 224.40M
FCF (ttm) —
Book/sh 17.65
Cash/sh 10.20
Employees 595
Insider 10d —
IPO Apr 09, 2001
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 25.53%
P/E 10.49
Forward P/E 8.92
PEG 1.17
P/S 2.94
P/B 1.12
P/C —
EV/EBITDA —
EV/Sales 1.86
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 1.88
EPS next Y 2.21
EPS Growth 24.40%
Revenue Growth 14.80%
EPS Gr Q/Q 24.20%
Rev Gr Q/Q —
Earnings (next) 2026-07-23
Earnings (prior) 2026-04-23
ROA 1.01%
ROE 10.88%
ROIC —
Gross Margin 0.00%
Oper. Margin 43.11%
Profit Margin 28.00%
Shs Outstand 33.46M
Shs Float 30.47M
Insider Own 8.69%
Instit Own 68.99%
Short Float 1.92%
Short Ratio 2.20
Short Interest 586.22K
52W High 20.68
vs 52W High -4.64%
52W Low 14.03
vs 52W Low 40.56%
Beta 0.82
Impl. Vol. 14.06%
Rel Volume 0.52
Avg Volume 235.58K
Volume 122.66K
Target (mean) $21.38
Tgt Median $21.75
Tgt Low $20.00
Tgt High $22.00
# Analysts 4
Recom Buy
Prev Close $19.76
Price $19.72
Change -0.20%
About

Shore Bancshares, Inc. operates as a bank holding company for Shore United Bank, N.A. that provides various consumer and commercial banking products and services to individuals, businesses, and other organizations in the United States. The company offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as certificate of deposit account registry service programs and cash management services. It 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. In addition, the company offers trust, wealth management, and financial planning services; treasury management services, such as merchant card processing, remote deposit capture, and ACH origination, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; and automatic teller machine services. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$21.38
Mean price target
2. Current target
$19.72
Latest analyst target
3. DCF / Fair value
$28.20
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$19.72
Low
$20.00
High
$22.00
Mean
$21.38

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-04 main Piper Sandler Overweight → Overweight $22
2026-04-09 down Keefe, Bruyette & Woods Outperform → Market Perform $20
2026-02-02 main Keefe, Bruyette & Woods Outperform → Outperform $20
2025-11-19 init Hovde Group — → Outperform $19
2025-11-14 main Piper Sandler Overweight → Overweight $19
2024-12-04 up Keefe, Bruyette & Woods Market Perform → Outperform $20
2024-07-30 down Janney Montgomery Scott Buy → Neutral —
2024-07-26 main Keefe, Bruyette & Woods Market Perform → Market Perform $15
2024-05-03 main Keefe, Bruyette & Woods Market Perform → Market Perform $13
2023-08-15 up Janney Montgomery Scott Neutral → Buy —
2023-07-11 main Piper Sandler Overweight → Overweight $16
2023-05-23 main Keefe, Bruyette & Woods Market Perform → Market Perform $14
2023-04-06 main Keefe, Bruyette & Woods — → Market Perform $16
2023-03-03 main Keefe, Bruyette & Woods — → Market Perform $18
2022-12-13 down Keefe, Bruyette & Woods Outperform → Market Perform $22
2022-08-31 init Janney Montgomery Scott — → Neutral —
2021-11-04 up Piper Sandler Neutral → Overweight $22
2021-03-08 up Keefe, Bruyette & Woods Market Perform → Outperform $20
2018-07-16 init Keefe, Bruyette & Woods — → Outperform $23
2016-03-11 init Merion Capital — → Buy $13
News
RSS: Latest SHBI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-06 BURKE JAMES M. Chief Executive Officer — 10,939 — —
2026-03-06 LOMBARDI CHRISTY Officer — 2,685 — —
2026-03-06 STEVENS DONNA J Chief Operating Officer — 1,362 — —
2026-03-06 RUCH CHARLES E JR. Officer — 1,104 — —
2026-03-06 EBRON BRIAN SCOT Officer — 2,627 — —
2026-03-06 TAY TALAL Officer — 2,190 — —
2026-03-06 PIERCE LACEY AMANDA Officer — 1,949 — —
2026-03-06 ANDERSON VIRGINIA MARIE Officer — 142 — —
2026-03-02 SLATER AUSTIN JOSEPH JR Director — 1,802 $18.78 $33,842
2026-02-27 BURKE JAMES M. Chief Executive Officer — 5,806 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
225.06
+11.59%
201.70
+26.34%
159.65
+28.35%
124.39
Operating Revenue
225.06
+11.59%
201.70
+26.34%
159.65
+28.35%
124.39
Selling General And Administration
76.48
+5.76%
72.31
+17.44%
61.57
+28.00%
48.10
Selling And Marketing Expense
1.32
+0.08%
1.32
+21.12%
1.09
+21.27%
0.90
General And Administrative Expense
75.16
+5.87%
70.99
+17.38%
60.48
+25.73%
48.10
Salaries And Wages
71.41
+7.25%
66.58
+16.80%
57.00
+22.12%
46.68
Other Gand A
—
—
—
2.33
Reconciled Depreciation
15.33
-4.42%
16.04
+46.63%
10.94
+86.64%
5.86
Total Unusual Items
0.00
0.00
+100.00%
-8.54
-307.05%
-2.10
Total Unusual Items Excluding Goodwill
0.00
0.00
+100.00%
-8.54
-307.05%
-2.10
Special Income Charges
0.00
0.00
+100.00%
-8.54
-307.05%
-2.10
Restructuring And Mergern Acquisition
0.00
0.00
-100.00%
8.54
+307.05%
2.10
Net Income
59.51
+35.58%
43.89
+290.89%
11.23
-63.99%
31.18
Pretax Income
78.66
+33.99%
58.70
+313.87%
14.18
-66.34%
42.14
Net Interest Income
192.38
+12.80%
170.55
+26.05%
135.31
+33.57%
101.30
Interest Expense
117.65
-5.72%
124.79
+58.42%
78.77
+528.02%
12.54
Interest Income
310.03
+4.97%
295.34
+37.96%
214.08
+88.04%
113.84
Gain On Sale Of Security
—
0.00
+100.00%
-2.17
0.00
Tax Provision
19.15
+29.25%
14.81
+401.18%
2.96
-73.04%
10.96
Tax Rate For Calcs
0.00
-3.17%
0.00
+21.15%
0.00
-20.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
+100.00%
-1.78
-225.64%
-0.55
Net Income Including Noncontrolling Interests
59.51
+35.58%
43.89
+290.89%
11.23
-63.99%
31.18
Net Income From Continuing Operation Net Minority Interest
59.51
+35.58%
43.89
+290.89%
11.23
-63.99%
31.18
Net Income From Continuing And Discontinued Operation
59.51
+35.58%
43.89
+290.89%
11.23
-63.99%
31.18
Net Income Continuous Operations
59.51
+35.58%
43.89
+290.89%
11.23
-63.99%
31.18
Normalized Income
59.51
+35.58%
43.89
+143.94%
17.99
-45.03%
32.73
Net Income Common Stockholders
59.51
+35.58%
43.89
+290.89%
11.23
-63.99%
31.18
Diluted EPS
1.78
+34.85%
1.32
+214.29%
0.42
-73.25%
1.57
Basic EPS
1.78
+34.85%
1.32
+214.29%
0.42
-73.25%
1.57
Basic Average Shares
33.39
+0.38%
33.27
+24.78%
26.66
+34.33%
19.85
Diluted Average Shares
33.41
+0.37%
33.28
+24.85%
26.66
+34.33%
19.85
Diluted NI Availto Com Stockholders
59.51
+35.58%
43.89
+290.89%
11.23
-63.99%
31.18
Amortization
8.59
-12.17%
9.78
+60.18%
6.11
+207.09%
1.99
Amortization Of Intangibles Income Statement
8.59
-12.17%
9.78
+60.18%
6.11
+207.09%
1.99
Depreciation Amortization Depletion Income Statement
8.59
-12.17%
9.78
+60.18%
6.11
+207.09%
1.99
Depreciation And Amortization In Income Statement
8.59
-12.17%
9.78
+60.18%
6.11
+207.09%
1.99
Insurance And Claims
3.75
-14.96%
4.41
+26.85%
3.48
+143.97%
1.43
Occupancy And Equipment
13.21
+0.49%
13.15
+27.12%
10.34
+25.21%
8.26
Other Non Interest Expense
34.69
-6.69%
37.18
+57.43%
23.62
+38.67%
17.03
Professional Expense And Contract Services Expense
5.06
-13.23%
5.84
+34.56%
4.34
+52.71%
2.84
Line Item Trend 2023-12-31
Total Assets
6,010.92
Cash And Cash Equivalents
372.41
Cash Financial
63.17
Other Short Term Investments
110.52
Receivables
19.22
Accounts Receivable
19.22
Other Receivables
—
Prepaid Assets
—
Net PPE
94.87
Gross PPE
113.85
Accumulated Depreciation
-18.98
Land And Improvements
19.04
Buildings And Improvements
67.51
Machinery Furniture Equipment
14.82
Other Properties
12.49
Goodwill And Other Intangible Assets
117.28
Goodwill
63.27
Other Intangible Assets
54.02
Investments And Advances
629.41
Total Liabilities Net Minority Interest
5,499.78
Payables And Accrued Expenses
—
Payables
—
Accounts Payable
—
Current Accrued Expenses
—
Employee Benefits
—
Current Debt And Capital Lease Obligation
0.00
Current Debt
0.00
Other Current Borrowings
0.00
Long Term Debt And Capital Lease Obligation
85.53
Long Term Debt
72.67
Long Term Capital Lease Obligation
12.86
Stockholders Equity
511.13
Common Stock Equity
511.13
Capital Stock
0.33
Common Stock
0.33
Share Issued
33.16
Ordinary Shares Number
33.16
Treasury Shares Number
0.00
Additional Paid In Capital
356.01
Retained Earnings
162.29
Gains Losses Not Affecting Retained Earnings
-7.49
Other Equity Adjustments
-7.49
Total Equity Gross Minority Interest
511.13
Total Capitalization
583.80
Invested Capital
583.80
Total Debt
85.53
Net Debt
—
Capital Lease Obligations
12.86
Net Tangible Assets
393.85
Tangible Book Value
393.85
Available For Sale Securities
5.70
Cash Cash Equivalents And Federal Funds Sold
390.31
Held To Maturity Securities
513.19
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
62.39
+33.07%
46.89
+106.43%
22.71
-56.86%
52.65
Cash Flow From Continuing Operating Activities
62.39
+33.07%
46.89
+106.43%
22.71
-56.86%
52.65
Net Income From Continuing Operations
59.51
+35.58%
43.89
+290.89%
11.23
-63.99%
31.18
Depreciation Amortization Depletion
15.33
-4.42%
16.04
+46.63%
10.94
+86.64%
5.86
Depreciation And Amortization
15.33
-4.42%
16.04
+46.63%
10.94
+86.64%
5.86
Other Non Cash Items
-21.88
+4.15%
-22.83
-10.92%
-20.59
-193.01%
22.13
Stock Based Compensation
1.89
+9.25%
1.73
+47.36%
1.17
+84.59%
0.64
Deferred Tax
0.92
-89.60%
8.87
+225.95%
2.72
+330.20%
-1.18
Deferred Income Tax
0.92
-89.60%
8.87
+225.95%
2.72
+330.20%
-1.18
Operating Gains Losses
-5.25
+12.10%
-5.97
-355.23%
-1.31
-816.39%
0.18
Gain Loss On Investment Securities
0.00
0.00
-100.00%
2.17
0.00
Unrealized Gain Loss On Investment Securities
-0.19
-443.64%
0.06
+201.85%
-0.05
-134.39%
0.16
Gain Loss On Sale Of PPE
0.42
+157.63%
-0.73
0.00
-100.00%
0.18
Change In Working Capital
3.60
+294.74%
0.91
+106.91%
-13.19
-36.60%
-9.66
Change In Receivables
1.02
+388.67%
-0.35
+51.24%
-0.72
+72.83%
-2.67
Changes In Account Receivables
1.02
+388.67%
-0.35
+51.24%
-0.72
+72.83%
-2.67
Change In Payables And Accrued Expense
-0.42
+67.94%
-1.31
-162.67%
2.10
+605.39%
0.30
Change In Payable
-0.42
+67.94%
-1.31
-162.67%
2.10
+605.39%
0.30
Change In Account Payable
-0.42
+67.94%
-1.31
-162.67%
2.10
+605.39%
0.30
Change In Other Current Assets
-4.12
-181.86%
5.03
+146.09%
-10.91
-652.28%
-1.45
Investing Cash Flow
-118.32
+12.06%
-134.54
-178.08%
172.31
+129.63%
-581.57
Cash Flow From Continuing Investing Activities
-118.32
+12.06%
-134.54
-178.08%
172.31
+129.63%
-581.57
Net PPE Purchase And Sale
-3.17
+39.36%
-5.22
+12.26%
-5.95
-148.29%
-2.40
Purchase Of PPE
-3.17
+39.36%
-5.22
+12.26%
-5.95
-146.54%
-2.42
Sale Of PPE
—
—
0.00
-100.00%
0.02
Capital Expenditure
-3.17
+39.36%
-5.22
+12.26%
-5.95
-146.54%
-2.42
Net Investment Purchase And Sale
-1.00
+84.34%
-6.38
-101.38%
463.46
+442.33%
-135.39
Purchase Of Investment
-96.21
+23.78%
-126.23
-279.02%
-33.30
+84.00%
-208.15
Sale Of Investment
95.21
-20.56%
119.85
-75.87%
496.77
+582.70%
72.77
Net Business Purchase And Sale
0.00
0.00
-100.00%
25.37
0.00
Net Other Investing Changes
8.43
+2378.82%
0.34
+117.91%
-1.90
+88.71%
-16.82
Financing Cash Flow
-48.35
-127.62%
175.09
+43.65%
121.89
+14929.35%
0.81
Cash Flow From Continuing Financing Activities
-48.35
-127.62%
175.09
+43.65%
121.89
+14929.35%
0.81
Net Issuance Payments Of Debt
-35.64
-171.28%
50.00
+145.87%
-109.00
-521.55%
25.86
Issuance Of Debt
58.86
+17.72%
50.00
0.00
-100.00%
35.86
Repayment Of Debt
-44.50
0.00
0.00
+100.00%
-10.00
Long Term Debt Issuance
58.86
+17.72%
50.00
0.00
—
Long Term Debt Payments
-44.50
0.00
0.00
+100.00%
-10.00
Net Long Term Debt Issuance
14.36
-71.28%
50.00
0.00
+100.00%
-10.00
Short Term Debt Issuance
—
—
—
35.86
Net Short Term Debt Issuance
-50.00
0.00
+100.00%
-109.00
-403.99%
35.86
Net Common Stock Issuance
0.08
-78.19%
0.38
-2.34%
0.39
-0.26%
0.39
Common Stock Payments
—
—
—
0.00
Common Stock Dividend Paid
-16.09
-0.51%
-16.01
-25.76%
-12.73
-33.61%
-9.53
Cash Dividends Paid
-16.09
-0.51%
-16.01
-25.76%
-12.73
-33.61%
-9.53
Repurchase Of Capital Stock
—
—
—
0.00
Proceeds From Stock Option Exercised
—
—
—
—
Changes In Cash
-104.28
-219.27%
87.44
-72.41%
316.91
+160.01%
-528.11
Beginning Cash Position
459.85
+23.48%
372.41
+571.03%
55.50
-90.49%
583.61
End Cash Position
355.57
-22.68%
459.85
+23.48%
372.41
+571.03%
55.50
Free Cash Flow
59.22
+42.15%
41.66
+148.60%
16.76
-66.64%
50.23
Interest Paid Supplemental Data
114.86
-7.05%
123.57
+66.90%
74.04
+486.63%
12.62
Income Tax Paid Supplemental Data
15.07
0.00
-100.00%
7.29
-38.46%
11.85
Amortization Of Securities
0.09
+115.75%
-0.55
-165.16%
0.84
-40.74%
1.41
Common Stock Issuance
0.08
-78.19%
0.38
-2.34%
0.39
-0.26%
0.39
Issuance Of Capital Stock
0.08
-78.19%
0.38
-2.34%
0.39
-0.26%
0.39
Sale Of Business
0.00
0.00
-100.00%
25.37
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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