Shore Bancshares (SHBI) AI Stock Analysis

• Market Cap: $521.65M
• Dividend Yield: 3.09%
• Average Volume (3M): 144.76K
• Price to Earnings (P/E): 9.2
• Beta (1Y): 1.06
• Revenue Growth: 6.01%
• EPS Growth: 38.05%
• Country: US
• Employees: 584
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.43
• Shares Outstanding: 33,417,377
• 10 Day Avg. Volume: 153,779
• 30 Day Avg. Volume: 144,764
• PEG Ratio: 0.06
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 1.62
• P/FCF Ratio: 12.68
• Enterprise Value/Market Cap: 1.19
• Enterprise Value/Revenue: 1.85
• Enterprise Value/Gross Profit: 2.99
• Enterprise Value/Ebitda: 7.08
• 1Y Price Target: $18.00
• Price Target Upside: 15.31% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: $17.00 ▲(8.90% Upside)

Shore Bancshares' strong valuation and solid financial performance are the primary strengths, with an attractive P/E ratio and dividend yield. However, technical indicators suggest a bearish trend, which could pose a risk to short-term investors. The lack of earnings call data and corporate events means these factors do not influence the score.

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, 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 non-deposit products, such as mutual funds and annuities, and discount brokerage services; and trust, asset management, and financial planning services. Further, the company provides merchant credit card clearing, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; direct deposit of payroll; and automatic teller machine (ATM) services. It operates 29 full service branches, 30 ATMs, and 5 loan production offices in Baltimore City, Baltimore County, Howard County, Kent County, Queen Anne's County, Caroline County, Talbot County, Dorchester County, Anne Arundel County, and Worcester County in Maryland; Kent County, Delaware; and Accomack County, Virginia. The company was founded in 1876 and is headquartered in Easton, Maryland.

How the Company Makes Money

Shore Bancshares generates revenue primarily through interest income, which is derived from loans and investments. The company provides various types of loans, including commercial, residential, and consumer loans, and earns interest from the repayment of these loans. Additionally, Shore Bancshares generates non-interest income through fees for services such as account maintenance, transaction fees, and wealth management services. The company may also engage in mortgage origination and processing, contributing further to its revenue. Key partnerships with local businesses and community organizations enhance its customer reach and service offerings, driving deposits and further loan growth. The overall financial health of the company is influenced by interest rates, economic conditions, and the performance of the local economy in its operating regions.

Shore Bancshares Financial Statement Overview

Summary

Shore Bancshares demonstrates strong profitability and efficient operations with robust margins and revenue growth. The balance sheet is solid with low leverage, although increasing debt levels should be monitored. Cash flow generation is strong, but declining free cash flow growth is a concern. Overall, the company is in a stable financial position with some areas to watch for potential risks.

Income Statement

Shore Bancshares shows a strong revenue growth trajectory with a TTM revenue growth rate of 1.32%. The gross profit margin is healthy at 61.92%, and the net profit margin has improved to 15.98% in the TTM. EBIT and EBITDA margins are also strong, indicating efficient operations. However, the revenue growth has been inconsistent over the years, which could pose a risk.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.24, indicating prudent leverage management. Return on equity is moderate at 9.81%, reflecting decent profitability. The equity ratio is stable, suggesting a solid capital structure. However, the increasing debt levels over the years may require monitoring.

Cash Flow

Operating cash flow is strong with a coverage ratio of 4.58, and free cash flow to net income ratio is high at 0.93, indicating good cash conversion. However, the free cash flow growth rate is negative at -17.83%, which could impact future liquidity if the trend continues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	336.24M	326.49M	238.42M	136.93M	83.67M	70.43M
Gross Profit	208.21M	196.96M	128.70M	122.46M	77.99M	59.45M
EBITDA	87.94M	74.74M	25.12M	48.00M	24.27M	23.52M
Net Income	53.74M	43.89M	11.23M	31.18M	15.37M	15.73M
Balance Sheet
Total Assets	6.04B	6.23B	6.01B	3.48B	3.46B	1.93B
Cash, Cash Equivalents and Short-Term Investments	372.66M	609.06M	482.93M	139.09M	700.60M	326.49M
Total Debt	135.78M	135.56M	85.15M	92.98M	68.61M	30.35M
Total Liabilities	5.47B	5.69B	5.50B	3.11B	3.11B	1.74B
Stockholders Equity	565.19M	541.07M	511.13M	364.29M	350.69M	195.02M
Cash Flow
Free Cash Flow	49.15M	41.66M	16.76M	50.23M	-10.95M	16.05M
Operating Cash Flow	52.91M	46.89M	22.71M	52.65M	-7.50M	18.43M
Investing Cash Flow	-123.51M	-134.54M	172.31M	-581.57M	38.19M	-280.08M
Financing Cash Flow	116.70M	175.09M	121.89M	811.00K	366.01M	353.60M

Shore Bancshares Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.61
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SHBI, the sentiment is Negative. The current price of 15.61 is below the 20-day moving average (MA) of 15.84, below the 50-day MA of 16.49, and above the 200-day MA of 15.15, indicating a neutral trend. The MACD of -0.21 indicates Negative momentum. The RSI at 43.21 is Neutral, neither overbought nor oversold. The STOCH value of 45.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SHBI.

Shore Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GNTY	―	―	―	―	―	1.61%	38.81%
BCAL	―	$592.47M	9.39	11.93%	―	61.29%	―
ALRS	―	$550.85M	12.90	9.19%	3.87%	40.69%	373.32%
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SHBI	―	$521.65M	9.16	10.25%	3.09%	6.01%	38.05%
HONE	―	$522.22M	18.68	4.56%	2.89%	5.00%	72.45%
WASH	―	$525.43M	―	-4.73%	8.22%	-27.77%	-159.63%

Shore Bancshares Corporate Events

Shore Bancshares Reports Q3 2025 Financial Results

Shore Bancshares, Inc. is a financial holding company based in Easton, Maryland, primarily operating through its subsidiary, Shore United Bank, N.A., and providing trust and wealth management services via Wye Financial Partners. The company is engaged in the banking sector, offering a range of financial services to its clients.

Shore Bancshares Declares Quarterly Cash Dividend

On August 1, 2025, Shore Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.12 per share, payable on August 25, 2025, to stockholders of record as of August 11, 2025. This announcement reflects the company’s ongoing commitment to providing value to its shareholders and may positively impact its market positioning by demonstrating financial stability and shareholder confidence.

The most recent analyst rating on (SHBI) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Shore Bancshares stock, see the SHBI Stock Forecast page.

Shore Bancshares Reports Strong Q2 2025 Earnings

Shore Bancshares, Inc., headquartered in Easton, Maryland, is a financial holding company primarily operating through its subsidiary, Shore United Bank, N.A., offering banking and wealth management services. In its latest earnings report for the second quarter of 2025, Shore Bancshares reported a net income of $15.5 million, marking a significant increase from both the previous quarter and the same period last year. This growth was driven by higher net interest income and noninterest income, particularly from mortgage banking activities, despite a rise in noninterest expenses.