Shore Bancshares (SHBI) has disclosed a new risk, in the Natural and Human Disruptions category.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Shore Bancshares faces significant business risks from severe weather, earthquakes, natural disasters, pandemics, climate change, and geopolitical events such as acts of war or terrorism. These events could destabilize the company’s deposit base and impair borrowers’ ability to repay loans, while also damaging collateral and infrastructure. Moreover, climate change may exacerbate the frequency and severity of such incidents, posing additional challenges. Despite disaster recovery policies, these factors could materially impact Shore Bancshares’ financial condition and profitability.
Overall, Wall Street has a Moderate Buy consensus rating on SHBI stock based on 2 Buys and 1 Hold.
To learn more about Shore Bancshares’ risk factors, click here.