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Shore Bancshares Inc

Shore Bancshares Inc

SHBI · NASDAQ · Financial Services / Banks - Regional

22.71USD-0.04 (-0.18%)

Price History

Full chart

Market Stats

Previous Close22.75
Open22.80
Day Range22.53 – 22.82
52-Week Range14.53 – 24.74
Volume150.80K
Market Cap760.89M
P/E (TTM)11.57
Forward P/E10.09
EPS1.97
Dividend Yield2.43%
Beta0.80
50-Day Avg23.48
200-Day Avg20.60

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.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. James M. Burke
  • Employees595
  • Headquarters18 East Dover Street, Easton, MD, United States, 21601, USA
  • Websitehttps://www.shorebancshares.com

Leadership

  • Mr. James M. BurkeCEO & Director · b. 1968
  • Mr. Brian Scot EbronPresident & Chief Banking Officer · b. 1969
  • Mr. Charles S. CullumExecutive VP & CFO · b. 1985
  • Ms. Donna J. StevensExecutive VP & COO · b. 1963
  • Ms. Christy M. LombardiExecutive VP & Chief Human Resources Officer · b. 1977
  • Mr. Noah Edward StaytonEVP & Chief Information Officer
  • Mr. Aaron Michael Kaslow Esq., J.D.Executive VP, Chief Legal Officer & General Counsel · b. 1965
  • Mr. Charles E. Ruch Jr.Executive VP & Chief Credit Officer · b. 1959
  • Mr. Talal TayExecutive VP & Chief Risk Officer · b. 1978
  • Ms. Lacey Amanda PierceExecutive VP, Chief Strategy & Project Officer · b. 1987

Financials

Income Statement

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.36M6.80M18.42M41.83M41.58M42.27M44.18M48.51M58.88M70.81M79.82M82.19M78.33M71.93M66.90M59.73M56.40M53.48M53.66M56.76M55.63M64.40M69.79M70.43M83.67M136.93M238.42M326.49M342.72M
Growth (%)-+6.91%+171.00%+127.15%-0.60%+1.66%+4.51%+9.80%+21.37%+20.26%+12.72%+2.98%-4.70%-8.17%-6.99%-10.73%-5.58%-5.17%+0.34%+5.77%-1.98%+15.76%+8.36%+0.92%+18.80%+63.66%+74.12%+36.94%+4.97%
Cost of Revenue5.45M5.92M16.28M18.32M17.29M12.79M10.08M9.94M12.71M20.57M25.83M24.89M26.40M33.94M30.56M38.31M34.26M7.60M5.42M4.25M4.56M6.95M10.34M10.98M5.68M14.47M109.72M129.53M126.03M
Gross Profit909.05K872.64K2.14M23.51M24.30M29.48M34.11M38.57M46.17M50.24M53.99M57.30M51.93M37.99M36.34M21.42M22.14M45.88M48.24M52.51M51.07M57.46M59.45M59.45M77.99M122.46M128.70M196.96M216.69M
Gross Margin14.30%12.84%11.61%56.20%58.43%69.74%77.19%79.51%78.42%70.95%67.64%69.72%66.30%52.82%54.32%35.86%39.25%85.79%89.90%92.51%91.80%89.21%85.19%84.41%93.21%89.43%53.98%60.33%63.23%
Operating Expense-2.59M-2.42M-8.19M11.15M12.03M15.96M19.34M22.53M25.43M28.53M32.54M38.74M40.25M40.15M37.90M37.62M38.27M37.77M36.73M36.61M33.11M36.31M37.56M38.40M56.81M80.32M114.51M138.25M138.03M
Operating Income3.50M3.30M10.33M12.36M12.27M13.52M14.76M16.04M20.74M21.71M21.45M18.56M11.69M-2.16M-1.55M-16.20M-16.14M8.11M11.52M15.90M17.96M21.14M21.89M21.05M21.18M42.14M14.18M58.70M78.66M
Operating Margin55.06%48.51%56.10%29.54%29.51%31.98%33.41%33.06%35.23%30.66%26.88%22.58%14.92%-3.00%-2.32%-27.13%-28.61%15.17%21.46%28.01%32.28%32.83%31.37%29.89%25.31%30.78%5.95%17.98%22.95%
EBITDA3.92M3.75M11.40M13.26M13.27M14.79M16.28M17.51M22.15M23.15M22.98M20.35M13.56M246.00K786.00K-13.55M-13.74M10.42M13.95M18.35M19.61M23.44M24.29M23.52M24.27M48.00M25.12M74.74M78.77M
EBITDA Margin61.74%55.24%61.91%31.69%31.90%34.98%36.85%36.10%37.62%32.70%28.78%24.75%17.32%0.34%1.17%-22.70%-24.37%19.49%26.00%32.33%35.24%36.40%34.80%33.40%29.00%35.06%10.54%22.89%22.99%
Net Income2.37M2.22M6.80M7.96M7.99M8.79M9.50M10.20M12.89M13.55M13.45M11.47M7.27M-1.67M-897.00K-9.64M-9.63M5.05M7.11M9.64M11.26M25.00M16.20M15.73M15.37M31.18M11.23M43.89M59.51M
Net Income Margin37.29%32.65%36.95%19.03%19.22%20.79%21.49%21.02%21.89%19.14%16.85%13.95%9.29%-2.32%-1.34%-16.14%-17.08%9.45%13.25%16.98%20.24%38.81%23.21%22.34%18.37%22.77%4.71%13.44%17.36%
R&D--------------00000000-------
R&D as % of Total Revenue--------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense5.45M5.92M16.04M17.89M17.06M12.44M9.74M9.01M11.90M19.07M24.11M21.55M17.41M12.82M11.09M10.56M6.47M4.25M3.35M2.40M2.27M5.27M9.64M7.08M6.04M12.54M78.77M124.79M117.65M
Interest Expense % of Total Revenue85.70%87.16%87.09%42.76%41.03%29.42%22.05%18.57%20.21%26.94%30.20%26.22%22.23%17.82%16.57%17.68%11.48%7.94%6.24%4.23%4.09%8.19%13.81%10.05%7.22%9.16%33.04%38.22%34.33%

Balance Sheet

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets175.12M181.05M518.22M553.10M582.40M654.07M705.38M789.05M849.65M943.56M956.91M1.04B1.16B1.13B1.16B1.19B1.05B1.10B1.14B1.16B1.39B1.48B1.56B1.93B3.46B3.48B6.01B6.23B6.26B
Total Liabilities151.60M159.15M459.73M488.07M511.43M576.04M621.85M696.08M748.20M832.23M836.68M917.26M1.03B1.01B1.04B1.07B950.83M959.93M988.18M1.01B1.23B1.30B1.37B1.74B3.11B3.11B5.50B5.69B5.67B
Total Equity23.51M21.90M58.49M65.02M70.97M78.03M83.53M92.98M101.45M111.33M120.23M127.39M127.81M122.51M121.25M114.03M103.30M140.47M146.97M154.30M163.74M183.19M192.80M195.02M350.69M364.29M511.13M541.07M589.87M
Cash8.60M14.29M34.57M20.04M31.60M42.33M29.29M23.01M42.06M60.05M20.23M17.28M15.01M41.27M122.76M191.44M130.62M92.67M69.30M75.94M31.82M67.22M94.97M186.92M583.61M55.50M372.41M459.85M50.16M
Total Debt5.00M5.00M21.93M21.25M22.05M27.01M25.96M32.11M39.85M53.52M60.18M60.92M21.83M16.97M18.27M13.76M10.14M4.81M6.67M3.20M21.73M75.81M22.24M30.35M68.61M92.98M85.15M135.56M111.11M
Net Debt-3.60M-9.29M-12.63M1.21M-9.55M-15.32M-3.33M9.09M-2.21M-6.53M39.95M43.63M6.82M-24.30M-104.49M-177.68M-120.48M-87.86M-62.63M-72.73M-10.09M8.59M-72.73M-156.56M-515.01M37.48M-287.26M-324.29M60.95M

Cash Flow

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.37M2.83M7.88M8.41M8.93M10.20M10.31M13.13M15.36M16.13M17.73M14.01M10.18M19.89M21.92M21.39M19.85M13.18M15.12M19.00M19.52M18.30M13.74M18.43M-7.50M52.65M22.71M46.89M62.39M
Investing Cash Flow-7.95M-805.34K-38.28M-28.40M-17.71M-51.83M-76.06M-36.06M-41.65M-82.84M-60.83M-88.57M-67.44M716.00K-3.11M16.20M30.45M-89.53M-65.35M-33.73M-72.30M-42.45M-45.68M-280.08M38.19M-581.57M172.31M-134.54M-118.32M
Financing Cash Flow4.91M3.67M30.27M25.14M20.70M59.46M43.01M19.75M50.20M78.92M-9.69M74.98M105.62M-18.29M30.96M34.86M-119.40M41.48M27.82M16.87M8.66M59.56M59.68M353.60M366.01M811.00K121.89M175.09M-48.35M
Capital Expenditure1.28M428.47K746.26K1.26M739.00K1.60M3.47M1.83M3.79M1.85M695.00K331.00K1.55M1.29M1.22M2.20M545.00K2.08M1.52M699.00K1.26M1.13M2.24M2.38M3.45M2.42M5.95M5.22M3.17M
Free Cash Flow91.38K2.40M7.13M7.15M8.19M8.60M6.84M11.31M11.58M14.29M17.03M13.68M8.63M18.60M20.71M19.18M19.30M11.10M13.60M18.30M18.26M17.16M11.50M16.05M-10.95M50.23M16.76M41.66M59.22M
Dividends Paid977.20K1.01M2.40M2.78M3.20M3.22M3.55M3.95M4.43M4.92M5.36M5.38M7.19M2.03M760.00K85.00K0506.00K506.00K1.77M2.79M4.08M5.35M5.95M6.61M9.53M12.73M16.01M16.09M
FCF to OCF6.68%84.85%90.52%85.05%91.72%84.32%66.36%86.09%75.35%88.56%96.08%97.64%84.74%93.50%94.45%89.70%97.25%84.24%89.96%96.32%93.55%93.81%83.67%87.11%145.98%95.41%73.79%88.86%94.92%
Dividend Paid to FCF1069.42%42.18%33.73%38.91%39.05%37.41%51.85%34.92%38.26%34.41%31.49%39.31%83.40%10.89%3.67%0.44%0.00%4.56%3.72%9.68%15.28%23.77%46.50%37.06%-60.32%18.97%75.98%38.43%27.18%

Earnings

Report DateJun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002Mar 31, 2003Aug 2, 2003Nov 14, 2003Feb 17, 2004May 6, 2004Aug 7, 2004Nov 8, 2004Feb 8, 2005Apr 26, 2005Aug 2, 2005Nov 8, 2005Feb 8, 2006Apr 26, 2006Jul 20, 2006Oct 25, 2006Feb 5, 2007Apr 25, 2007Jul 24, 2007Oct 18, 2007Jan 30, 2008Apr 22, 2008Jul 23, 2008Oct 24, 2008Jan 28, 2009Apr 23, 2009Jul 28, 2009Oct 26, 2009Jan 27, 2010Apr 27, 2010Jul 27, 2010Oct 26, 2010Jan 26, 2011Apr 26, 2011Jul 26, 2011Oct 25, 2011Jan 25, 2012Apr 24, 2012Jul 24, 2012Oct 23, 2012Jan 29, 2013Apr 23, 2013Jul 24, 2013Oct 28, 2013Jan 23, 2014Apr 24, 2014Jul 24, 2014Oct 23, 2014Jan 26, 2015Apr 20, 2015Jul 23, 2015Oct 22, 2015Jan 21, 2016Apr 21, 2016Jul 21, 2016Oct 20, 2016Jan 25, 2017Apr 20, 2017Jul 20, 2017Oct 19, 2017Jan 25, 2018Apr 19, 2018Jul 26, 2018Oct 18, 2018Jan 31, 2019Apr 25, 2019Jul 25, 2019Oct 24, 2019Jan 30, 2020Apr 30, 2020Jul 23, 2020Oct 22, 2020Jan 28, 2021Apr 29, 2021Jul 29, 2021Oct 28, 2021Feb 14, 2022Apr 28, 2022Jul 28, 2022Oct 27, 2022Jan 26, 2023Apr 27, 2023Jul 27, 2023Nov 1, 2023Jan 31, 2024May 2, 2024Jul 25, 2024Oct 24, 2024Jan 30, 2025Apr 29, 2025Jul 24, 2025Oct 23, 2025Jan 28, 2026Apr 23, 2026Jul 23, 2026Oct 22, 2026
EPS Estimate-------------------0.400.430.390.390.420.440.400.410.420.370.340.310.300.290.230.260.160.060.060.140.160.070.090.170.060.050.04-0.10-0.010.040.020.080.130.120.110.130.100.100.140.110.180.170.180.190.230.220.260.270.350.340.360.350.290.320.330.320.220.140.190.240.330.350.280.370.340.420.460.490.380.310.340.370.320.330.360.360.350.410.450.470.450.500.54
EPS Actual0.250.250.260.220.270.310.300.310.300.270.290.310.320.350.260.370.420.380.380.430.450.380.360.410.400.400.400.400.330.370.270.300.220.230.14-0.190.050.170.10-0.13-0.030.130.05-0.350.03-0.22-0.590.030.04-1.350.140.150.130.120.100.110.130.150.170.190.180.190.200.220.190.270.270.320.340.350.310.300.330.330.320.250.430.270.320.340.340.390.510.310.390.490.420.320.200.100.330.250.340.340.400.410.460.430.480.510.60-
Surprise-------------------7.50%4.65%-2.56%-7.69%-2.38%-9.09%0.00%-2.44%-4.76%-10.81%8.82%-12.90%0.00%-24.14%0.00%-46.15%-218.75%-16.67%183.33%-28.57%-181.25%-142.86%44.44%-70.59%-683.33%-40.00%-650.00%-490.00%400.00%0.00%-6850.00%75.00%15.38%8.33%9.09%-23.08%10.00%30.00%7.14%54.55%5.56%5.88%5.56%5.26%-4.35%-13.64%3.85%0.00%-8.57%0.00%-2.78%-11.43%3.45%3.13%0.00%0.00%13.64%207.14%42.11%33.33%3.03%-2.86%39.29%37.84%-8.82%-7.14%6.52%-14.29%-15.79%-35.48%-70.59%-10.81%-21.88%3.03%-5.56%11.11%17.14%12.20%-4.44%2.13%13.33%20.00%-
Timing-------------------Pre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap760.89M
Enterprise Value602.42M
Trailing P/E11.57
Forward P/E10.09
PEG Ratio1.17
Price / Sales3.31
Price / Book1.23
EPS1.97
Book Value18.44
Revenue (TTM)230.21M
Gross Profit (TTM)230.21M
Profit Margin28.75%
Operating Margin46.46%
Return on Equity11.21%
Return on Assets1.09%
Shares Outstanding33.37M
Shares Float30.36M
Beta0.80
Dividend Yield2.43%
Dividend Rate0.56
Payout Ratio25.74%

Analyst Ratings

Buy
Based on 3 analystsTarget 25.75
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
72.72%
Insiders
8.79%
Retail / Other
18.49%

Top Institutional Holders

  • BlackRock Inc
    3.02M9.06%
  • Dimensional Fund Advisors, Inc.
    1.77M5.32%
  • Vanguard Capital Management, LLC
    1.38M4.12%
  • American Century Companies Inc
    1.10M3.28%
  • State Street Corp
    925.16K2.77%
  • Manufacturers Life Insurance Co
    890.08K2.67%
  • Geode Capital Management, LLC
    768.94K2.30%
  • Wellington Management Company LLP
    768.35K2.30%
  • The Goldman Sachs Group Inc
    549.84K1.65%
  • Atlantic Union Bankshares Corp
    486.93K1.46%
  • Ameriprise Financial Inc
    444.16K1.33%
  • AQR Capital Management LLC
    435.31K1.30%
  • Arrowstreet Capital Limited Partnership
    412.21K1.24%
  • HHG PLC
    380.28K1.14%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    986.18K2.96%
  • Vanguard MStar Total Stk Mkt Idx Invest
    958.39K2.87%
  • iShares Russell 2000 ETF
    872.51K2.61%
  • Janus Henderson Small Cap Value L
    745.44K2.23%
  • JHancock Regional Bank A
    421.00K1.26%
  • JH Financial Opportunities
    406.03K1.22%

Dividends

20263×
0.14Sep 2, 20260.14Jun 3, 20260.12Mar 4, 2026
20254×
0.12Nov 13, 20250.12Aug 11, 20250.12May 12, 20250.12Feb 13, 2025
20244×
0.12Nov 12, 20240.12Aug 12, 20240.12May 15, 20240.12Feb 9, 2024
20234×
0.12Nov 16, 20230.12Aug 3, 20230.12May 11, 20230.12Feb 16, 2023
20224×
0.12Nov 10, 20220.12Aug 11, 20220.12May 12, 20220.12Feb 23, 2022
20214×
0.12Nov 10, 20210.12Aug 12, 20210.12May 13, 20210.12Feb 11, 2021
20201×
0.12Nov 12, 2020

Stock Splits

  • Jun 6, 20063:2