Shore Bancshares Inc logo

SHBIShore Bancshares Inc

NASDAQ · Financial Services · Banks - Regional

$23.15

+$0.40 (+1.76%)

Shore Bancshares Inc (SHBI) is a banks - regional company listed on NASDAQ. It is led by James M. Burke, based in 18 East Dover Street, Easton, MD, United States, 21601, with about 595 employees. 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.

Latest reported SHBI revenue for 2025-09-30 was $5.1M. Net income was $14.3M. Revenue was down 10.1% from 2025-06-30 to 2025-09-30. SHBI currently screens at market cap $727.3M and trailing P/E 11.6.

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About Shore Bancshares Inc

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.

SHBI Key Statistics

Market Cap

$727.33M

Volume

124,412

Previous Close

$23.10

Day Range

$22.99$23.27

P/E Ratio

11.56

P/B Ratio

1.21

EPS

$1.32

Revenue

$20.91M

Net Income

$43.89M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

2.17%

Revenue Growth

+14.0%

Profit Margin

209.9%

Employees

595

SHBI Financials

Annual income statement in USD. Latest reported periods first.

SHBI annual income statement across FY2024, FY2023, FY2022
LineFY2024FY2023FY2022
Revenue$20.91M$18.34M$15.34M
Cost of Revenue$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00
Net Income$43.89M$11.23M$31.18M
EPS (Diluted)$1.32$0.42$1.57

Total Assets

$6.23B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$459.85M

Operating Cash Flow

$46.89M

Free Cash Flow

$0.00

Shore Bancshares Inc Company Information

President, CEO & Director
James M. Burke
Headquarters
18 East Dover Street, Easton, MD, United States, 21601
Phone
410 763 7800
IPO / Founded
2001-03-22
Industry
Banks - Regional
Data Updated:

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