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Shore Bancshares, Inc.

NASDAQ•SHBI
CEO: Mr. James M. Burke
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 2001-04-09
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.
Contact Information
18 East Dover Street, Easton, MD, 21601, United States
410-763-7800
www.shorebancshares.com
Market Cap
$649.38M
P/E (TTM)
10.3
21.8
Dividend Yield
2.5%
52W High
$20.68
52W Low
$14.03
52W Range
81%
Rank42Top 47.5%
3.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$85.64M+0.00%
4-Quarter Trend

EPS

$0.51+0.00%
4-Quarter Trend

FCF

$30.49M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Net Income Growth Net income reached $59.5 million in 2025, up from $43.9 million in 2024, driven by higher NII from loan growth and favorable repricing.
Net Interest Income Rises Tax-equivalent NII increased $21.8 million to $192.7 million; Net Interest Margin improved to 3.36% from 3.10% year-over-year.
Loan Portfolio Expansion Total net loans grew 2.70% to $4.84 billion by year-end 2025, supported by growth in CRE and residential real estate portfolios.
Robust Capital Adequacy Company CET1 ratio stood at 10.52% and Tier 1 Leverage ratio at 8.82%, maintaining well-capitalized regulatory status.

Risk Factors

Nonperforming Assets Surge Nonperforming assets increased 74.25% to $43.2 million, primarily due to increases in commercial real estate and consumer nonaccrual loans.
Higher Credit Loss Provision Provision for credit losses rose to $8.375 million, reflecting loan growth and increased net charge-offs of $6.6 million during 2025.
Title Services Ceased Operations Wholly-owned Title Company ceased real estate closings effective March 31, 2025, impacting historical noninterest income streams.
Interest Rate Shock Exposure Management models show potential NII decline up to 10.1% under a 400 basis point parallel rate shock scenario.

Outlook

Community Banking Strategy Focus Strategy remains focused on organic and strategic growth to establish a leading community banking franchise footprint in existing and contiguous areas.
Monitoring CRE Concentration Bank maintains heightened risk management for CRE portfolio, which represents 53.95% of total loans, despite regulatory scrutiny thresholds.
Funding Sources Stability Liquidity relies on core deposits, which funded 93.54% of earning assets in 2025; FHLB advances were zero at year-end 2025.
Enhanced Cybersecurity Governance Enterprise Risk Management Program emphasizes cross-functional approach to identify, prevent, and mitigate cybersecurity threats and incidents.

Peer Comparison

Revenue (TTM)

MSBI stock ticker logoMSBI
$449.08M
-21.2%
TCBX stock ticker logoTCBX
$384.76M
+12.9%
SHBI stock ticker logoSHBI
$345.29M
+4.0%

Gross Margin (Latest Quarter)

ALRS stock ticker logoALRS
82.4%
-32.1pp
NRIM stock ticker logoNRIM
81.3%
+5.0pp
ACNB stock ticker logoACNB
80.8%
-3.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SMBC$755.59M11.212.0%2.9%
ALRS$679.98M25.44.9%5.7%
SHBI$649.38M10.310.8%1.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.1%
Flat Growth
4Q Net Income CAGR
3.3%
Profitability Slowly Improving
Cash Flow Stability
75%
Volatile Cash Flow

Deep Research

Next earnings:Jul 23, 2026
|
EPS:$0.50
|
Revenue:$60.42M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data