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Shore Bancshares Inc

Financial Services US SHBI

21.675USD
0.29(1.38%)

Last update at 2026-06-09T15:51:00Z

Day Range

21.3021.99
LowHigh

52 Week Range

9.3614.20
LowHigh

Fundamentals

  • Previous Close 21.38
  • Market Cap370.97M
  • Volume54218
  • P/E Ratio31.91
  • Dividend Yield4.25%
  • Revenue TTM146.21M
  • Revenue Per Share TTM4.89
  • Gross Profit TTM 122.46M
  • Diluted EPS TTM0.35

Source: TradingView
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Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 42.14M 21.18M 21.05M 21.89M 35.30M
Minority interest - - - - -
Net income 31.18M 15.37M 15.73M 16.20M 25.00M
Selling general administrative 48.10M 30.12M 22.39M 21.52M 28.19M
Selling and marketing expenses 0.90M 0.34M 0.33M 0.42M 0.51M
Gross profit 124.39M 77.63M 63.35M 60.15M 59.13M
Reconciled depreciation 1.99M 0.73M 2.48M 2.39M 2.30M
Ebit 54.68M 21.18M 21.05M 21.81M 37.03M
Ebitda 56.67M 21.91M 21.58M 22.41M 37.95M
Depreciation and amortization 1.99M 0.73M 0.53M 0.60M 0.91M
Non operating income net other - - - - -
Operating income 54.68M 21.18M 21.05M 21.81M 35.65M
Other operating expenses 12.75M -56.44800M -42.29900M -38.34300M 23.48M
Interest expense 12.54M 6.04M 7.08M 9.64M 5.27M
Tax provision 10.96M 5.81M 5.32M 5.61M 5.38M
Interest income 113.84M 70.17M 59.68M 59.77M 55.91M
Net interest income 101.30M 64.13M 52.60M 50.13M 50.63M
Extraordinary items - - - -0.08600M 9.23M
Non recurring - - - - -
Other items - - - - -
Income tax expense 10.96M 5.81M 5.32M 5.61M 10.30M
Total revenue 124.39M 77.63M 63.35M 60.15M 68.99M
Total operating expenses 12.75M -56.44800M -42.29900M -38.34300M -23.48100M
Cost of revenue - - - - 9.86M
Total other income expense net -12.54300M -6.03900M -7.08000M 0.09M -14.50600M
Discontinued operations - - - -0.08600M 9.23M
Net income from continuing ops 31.18M 15.37M 15.73M 16.28M 15.76M
Net income applicable to common shares 31.18M 15.37M 15.73M 16.20M 25.00M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 6010.92M 3477.28M 3460.42M 1933.32M 1559.23M
Intangible assets 54.02M 10.82M 11.62M 1.72M 2.25M
Earning assets - - - - 209.43M
Other current assets 391.81M 4.25M 2098.84M 1344.43M 1156.56M
Total liab 5499.78M 3112.99M 3109.72M 1738.30M 1366.43M
Total stockholder equity 511.13M 364.29M 350.69M 195.02M 192.80M
Deferred long term liab - - - - -
Other current liab 4896.53M -31.43400M -3.43700M -0.64700M -1.55600M
Common stock 0.33M 0.20M 0.20M 0.12M 0.12M
Capital stock 0.33M 0.20M 0.20M 0.12M 0.12M
Retained earnings 162.29M 171.61M 149.97M 141.21M 131.43M
Other liab - - 7.74M 6.59M 3.75M
Good will 63.27M 63.27M 63.42M 17.52M 17.52M
Other assets 0.00000M 735.74M 2091.50M 1344.43M 1156.56M
Cash 372.41M 55.50M 583.61M 186.92M 94.97M
Cash and equivalents - - - - -
Total current liabilities 4898.33M 9.91M 3.44M 0.65M 1.56M
Current deferred revenue - - -8.13000M - -
Net debt -287.25900M 37.48M -519.14900M -157.61400M -73.95300M
Short term debt 1.80M 40.00M 11.57M 24.43M 1.23M
Short long term debt 0.00000M 40.00M 0.00000M - 1.23M
Short long term debt total 85.15M 92.98M 64.46M 29.30M 21.02M
Other stockholder equity 356.01M 201.49M 200.47M 52.17M 61.05M
Property plant equipment - 61.12M 62.99M 29.72M 23.82M
Total current assets 391.81M 2611.61M 707.93M 333.26M 221.39M
Long term investments 629.41M 644.27M 522.95M 206.67M 1369.72M
Net tangible assets - 295.47M 279.74M 175.78M 173.03M
Short term investments 110.52M 83.59M 116.98M 139.57M 122.79M
Net receivables 19.22M 9.46M 7.33M 6.77M 3.63M
Long term debt 72.30M 43.07M 52.90M 24.43M 15.00M
Inventory 43.95M 0.20M 0.53M - 0.07M
Accounts payable - 1.34M 3.44M 0.65M 0.33M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -7.49400M -9.02100M 0.06M 1.53M 0.21M
Additional paid in capital - - - - -
Common stock total equity - - - 0.12M 0.12M
Preferred stock total equity - - - - -
Retained earnings total equity - - - 141.21M 131.43M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 5030.32M -649.55000M -660.98500M -255.62500M -181.28100M
Deferred long term asset charges - - - - -
Non current assets total 5619.11M 129.93M 660.99M 255.62M 181.28M
Capital lease obligations 12.86M 9.91M 11.57M 4.87M 4.79M
Long term debt total - - - 24.43M 15.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -581.57200M 38.19M -280.08000M -20.83000M -64.11800M
Change to liabilities 0.00000M 0.00000M 2.63M -8.10800M 6.13M
Total cashflows from investing activities - 38.19M -280.08000M -45.67800M -42.45500M
Net borrowings - 3.09M 9.21M -59.58600M 54.08M
Total cash from financing activities 0.81M 366.01M 353.60M 59.68M 59.56M
Change to operating activities - -1.12000M 1.46M -5.80400M 2.87M
Net income 31.18M 15.37M 15.73M 16.20M 12.26M
Change in cash -528.11400M 396.70M 91.95M 27.75M 35.41M
Begin period cash flow 583.61M 186.92M 94.97M 67.22M 31.82M
End period cash flow 55.50M 583.61M 186.92M 94.97M 67.22M
Total cash from operating activities 52.65M -7.50300M 18.43M 13.74M 18.30M
Issuance of capital stock 0.39M - - 0.00000M -
Depreciation 5.86M 3.09M 2.48M 2.39M 2.30M
Other cashflows from investing activities - -9.76600M 0.24M -22.60400M 22.80M
Dividends paid -9.53000M -6.60700M -5.95000M -5.34700M 4.08M
Change to inventory - - - - -
Change to account receivables -2.66500M 2.15M -3.16100M -0.11000M 0.16M
Sale purchase of stock 0.00000M -0.81900M -9.15100M -4.54000M -0.26900M
Other cashflows from financing activities 19.95M 373.43M 383.87M 69.57M 63.91M
Change to netincome - -27.10500M 1.88M 1.06M -11.93500M
Capital expenditures 2.42M 3.45M 2.38M 2.24M 1.13M
Change receivables - - -3.16100M -0.11000M 0.16M
Cash flows other operating - - -0.61300M 1.79M -4.00500M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - 91.95M 27.75M 35.41M
Change in working capital -9.65600M 1.02M -0.78200M -5.91400M 2.96M
Stock based compensation 0.64M 0.38M 0.26M 0.15M 0.45M
Other non cash items 25.81M -27.63800M 2.93M 0.68M 1.94M
Free cash flow 50.23M -10.95300M 16.05M 11.50M 17.16M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
SHBI
Shore Bancshares Inc
0.29 1.38% 21.68 31.91 7.36 2.67 0.67
HDB
HDFC Bank Limited ADR
0.24 1.04% 23.25 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
-0.24 0.78% 30.47 7.78 7.65 0.56 0.90 3.62
DBSDF
DBS Group Holdings Ltd
0.16 0.32% 50.61 15.29 14.41 5.84 2.36 10.40
CIHHF
China Merchants Bank Co Ltd Class H
- -% 5.92 6.10 5.67 0.44 0.77 3.43

Reports Covered

Stock Research & News

Profile

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. In addition, it offers trust, asset 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.

Shore Bancshares Inc

18 East Dover Street, Easton, MD, United States, 21601

Key Executives

Name Title Year Born
Mr. Lloyd L. Beatty Jr. Pres, CEO & Director 1953
Mr. Edward Conley Allen Jr. Exec. VP & CFO 1948
Ms. Donna J. Stevens Exec. VP & COO 1963
Charles F. Kade III Sr. VP & Chief Information Officer NA
Ms. Andrea E. Colender Exec. VP, Chief Legal Officer & Corp. Sec. 1964
Mr. W. David Morse Exec. VP, Gen. Counsel & Assistant Sec. 1962
Ms. Christa Jo Heron Exec. VP & Chief Risk Officer 1967
Mr. Vance W. Adkins CPA, CGMA Exec. VP & Treasurer 1981
Ms. Donna J. Stevens Executive VP & COO 1963
Mr. James M. Burke President, CEO & Director 1968

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