Shore Bancshares Inc (SHBI)
NASDAQ:SHBI
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Shore Bancshares
(NASDAQ:SHBI)
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Rating:64Neutral
Price Target:
$20.00
▲(2.93% Upside)
Action:DowngradedDate:03/03/26
The score is driven primarily by solid recent financial recovery and improving profitability/leverage, tempered by uneven financial quality due to cash-flow volatility and prior earnings swings. Valuation is supportive (low P/E and dividend), while technicals are neutral-to-soft with weaker near-term momentum despite a constructive longer-term trend.
Positive Factors
Multi-year revenue expansion
Sustained revenue growth over multiple years shows successful scale-up of lending and deposit businesses, expanding core earnings capacity. This enlarges the franchise, supports higher fixed-cost absorption and creates a stronger base for long-term net interest and fee income generation.
Negative Factors
Cash-flow volatility
Large year-to-year swings in operating and free cash flow reduce predictability of internal funding for lending, dividends and investments. Inconsistent cash conversion limits strategic flexibility and elevates execution risk during stress or funding-tight environments.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi-year revenue expansion
Sustained revenue growth over multiple years shows successful scale-up of lending and deposit businesses, expanding core earnings capacity. This enlarges the franchise, supports higher fixed-cost absorption and creates a stronger base for long-term net interest and fee income generation.
Read all positive factors
Shore Bancshares (SHBI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$649.31M
Dividend Yield2.66%
Average Volume (3M)198.53K
Price to Earnings (P/E)9.3
Beta (1Y)0.88
Revenue Growth6.01%
EPS Growth38.05%
CountryUS
Employees584
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.48
Shares Outstanding33,418,125
10 Day Avg. Volume230,574
30 Day Avg. Volume198,526
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)1.00
Price to Sales (P/S)1.72
P/FCF Ratio8.12
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue2.07
Enterprise Value/Gross Profit3.28
Enterprise Value/Ebitda9.02
Forecast
1Y Price Target
$20.50Price Target Upside5.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)1.96
Revenue Forecast (FY)$241.72M
Shore Bancshares Business Overview & Revenue Model
Company Description
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overn...
How the Company Makes Money
Shore Bancshares generates revenue primarily through net interest income, which is the difference between the interest earned on loans and the interest paid on deposits. The company's key revenue streams include interest income from commercial and...
Shore Bancshares Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
45
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 342.72M | 326.49M | 238.42M | 136.93M | 83.67M |
| Gross Profit | 216.69M | 196.96M | 128.70M | 122.46M | 77.99M |
| EBITDA | 78.77M | 74.74M | 25.12M | 48.00M | 24.27M |
| Net Income | 59.51M | 43.89M | 11.23M | 31.18M | 15.37M |
Balance Sheet | |||||
| Total Assets | 6.26B | 6.23B | 6.01B | 3.48B | 3.46B |
| Cash, Cash Equivalents and Short-Term Investments | 50.16M | 609.06M | 482.93M | 139.09M | 700.60M |
| Total Debt | 111.11M | 135.56M | 85.15M | 92.98M | 68.61M |
| Total Liabilities | 5.67B | 5.69B | 5.50B | 3.11B | 3.11B |
| Stockholders Equity | 589.87M | 541.07M | 511.13M | 364.29M | 350.69M |
Cash Flow | |||||
| Free Cash Flow | 72.72M | 41.66M | 16.76M | 50.23M | -10.95M |
| Operating Cash Flow | 75.89M | 46.89M | 22.71M | 52.65M | -7.50M |
| Investing Cash Flow | 191.00K | -134.54M | 172.31M | -581.57M | 38.19M |
| Financing Cash Flow | -1.65M | 175.09M | 121.89M | 811.00K | 366.01M |
Shore Bancshares Technical Analysis
Positive
19.43
Price Trends
18.85
Positive
18.36
Positive
17.19
Positive
Market Momentum
0.30
Negative
62.30
Neutral
62.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SHBI, the sentiment is Positive. The current price of 19.43 is above the 20-day moving average (MA) of 18.72, above the 50-day MA of 18.85, and above the 200-day MA of 17.19, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 62.30 is Neutral, neither overbought nor oversold. The STOCH value of 62.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SHBI.
Shore Bancshares Risk Analysis
Shore Bancshares disclosed 53 risk factors in its most recent earnings report. Shore Bancshares reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Shore Bancshares Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $678.01M | 8.80 | 9.83% | 7.17% | -27.82% | -159.63% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | $649.31M | 9.30 | 10.25% | 2.66% | 6.01% | 38.05% | |
62 Neutral | $599.66M | 9.70 | 11.36% | ― | 61.29% | ― | |
58 Neutral | $641.63M | 32.77 | 3.23% | 3.71% | 42.22% | 1207.84% |
* Financial Sector Average
SHBI
Shore Bancshares
19.43
7.45
62.12%
WASH
Washington Bancorp
35.61
10.45
41.56%
BCAL
California BanCorp
18.55
6.13
49.32%
ALRS
Alerus Financial
25.26
9.20
57.26%
Shore Bancshares Corporate Events
Business Operations and StrategyFinancial Disclosures
Shore Bancshares Highlights Q4 2025 Performance to Investors
Positive
Feb 2, 2026
On December 31, 2025, Shore Bancshares, Inc. released an investor presentation outlining its financial position and investment profile, including fourth-quarter 2025 metrics such as earnings per diluted share of $0.48, a return on average tangible...
Shareholder Meetings
Shore Bancshares Sets 2026 Virtual Annual Stockholders Meeting
Neutral
Jan 28, 2026
Shore Bancshares, Inc. has scheduled its 2026 Annual Meeting of Stockholders to be held on May 20, 2026, at 9:00 a.m. Eastern Time in a virtual-only format. The decision to conduct the meeting exclusively online underscores the company’s con...
Business Operations and StrategyExecutive/Board Changes
Shore Bancshares Announces Executive Change in Severance Plan
Neutral
Dec 17, 2025
On December 17, 2025, Shore Bancshares, Inc. announced that its top executives, including the CEO, CFO, and COO, became participants in a newly consolidated Change in Control Severance Plan. This plan aims to ensure the continued dedication of key...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.