image
Shore Bancshares, Inc. SHBI
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 16.21
-0.307 %
$ 540 M
Market Cap
12.37
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one SHBI stock under the base case scenario is HIDDEN Compared to the current market price of 16.2 USD, Shore Bancshares, Inc. is HIDDEN

SHBI Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart SHBI

image
FINANCIALS
129 M REVENUE
3.46%
Growth Rates
1Year 3.46%
3Years 26.65%
5Years 13.28%
7Years 12.94%
10Years 9.80%
25.1 M OPERATING INCOME
-54.06%
Growth Rates
1Year -54.06%
3Years 6.08%
5Years -6.76%
7Years 2.86%
10Years 18.20%
11.2 M NET INCOME
-63.99%
Growth Rates
1Year -63.99%
3Years -10.63%
5Years -1.74%
7Years 2.21%
10Years 12.21%
22.7 M OPERATING CASH FLOW
-56.86%
Growth Rates
1Year -56.86%
3Years 7.21%
5Years 4.42%
7Years 2.59%
10Years 1.36%
-161 K INVESTING CASH FLOW
99.97%
Growth Rates
1Year 99.97%
3Years 91.69%
5Years 67.21%
7Years 53.40%
10Years -0.05%
122 M FINANCING CASH FLOW
14929.35%
Growth Rates
1Year 14929.35%
3Years -29.88%
5Years 15.40%
7Years 32.65%
10Years 11.69%
50.6 M REVENUE
-38.01%
Growth Rates
1Year 3.46%
3Years 26.65%
5Years 13.28%
7Years 12.94%
10Years 9.80%
15 M OPERATING INCOME
-19.79%
Growth Rates
1Year -54.06%
3Years 6.08%
5Years -6.76%
7Years 2.86%
10Years 18.20%
11.2 M NET INCOME
-0.40%
Growth Rates
1Year -63.99%
3Years -10.63%
5Years -1.74%
7Years 2.21%
10Years 12.21%
9.05 M OPERATING CASH FLOW
-78.91%
Growth Rates
1Year -56.86%
3Years 7.21%
5Years 4.42%
7Years 2.59%
10Years 1.36%
-5.94 M INVESTING CASH FLOW
70.31%
Growth Rates
1Year 99.97%
3Years 91.69%
5Years 67.21%
7Years 53.40%
10Years -0.05%
41.6 M FINANCING CASH FLOW
0.80%
Growth Rates
1Year 14929.35%
3Years -29.88%
5Years 15.40%
7Years 32.65%
10Years 11.69%
Balance Sheet Decomposition Shore Bancshares, Inc.
image
Current Assets 392 M
Cash & Short-Term Investments 63.2 M
Receivables 19.2 M
Other Current Assets 309 M
Non-Current Assets 6.02 B
Long-Term Investments 336 M
PP&E 94.9 M
Other Non-Current Assets 5.58 B
Current Liabilities 12.9 M
Accounts Payable 0
Short-Term Debt 1.8 M
Other Current Liabilities 11.1 M
Non-Current Liabilities 5.49 B
Long-Term Debt 83.4 M
Other Non-Current Liabilities 5.4 B
EFFICIENCY
Earnings Waterfall Shore Bancshares, Inc.
image
Revenue 129 M
Cost Of Revenue 0
Gross Profit 129 M
Operating Expenses 160 M
Operating Income 25.1 M
Other Expenses 13.9 M
Net Income 11.2 M
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 97.84%
10Years 98.13%
19.52% OPERATING MARGIN
19.52%
Averages
1Year 19.52%
3Years 30.26%
5Years 32.05%
7Years 35.56%
10Years 34.91%
8.72% NET MARGIN
8.72%
Averages
1Year 8.72%
3Years 17.86%
5Years 21.07%
7Years 22.77%
10Years 20.10%
2.20% ROE
2.20%
Averages
1Year 2.20%
3Years 5.05%
5Years 6.32%
7Years 7.45%
10Years 6.68%
0.19% ROA
0.19%
Averages
1Year 0.19%
3Years 0.51%
5Years 0.68%
7Years 0.84%
10Years 0.78%
3.40% ROIC
3.40%
Averages
1Year 3.40%
3Years 5.42%
5Years 6.24%
7Years 6.87%
10Years 6.91%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Shore Bancshares, Inc.
image
Net Income 11.2 M
Depreciation & Amortization 9.4 M
Capital Expenditures -5.95 M
Stock-Based Compensation 1.17 M
Change in Working Capital -13.2 M
Others -124 M
Free Cash Flow 16.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Shore Bancshares, Inc.
image
SHBI has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.86% DIVIDEND YIELD
0.12 USD DIVIDEND PER SHARE
5. COMPETITION

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia.

image
42.2 USD
OFED
Undervalued 212.50%

Home Federal Bancorp, Inc. of Louisiana operates as the holding company for Home Federal Bank that provides various financial services to individuals, corporate entities, and other organizations.

image
9.74 USD
HFBL
Overvalued 20.62%

IF Bancorp, Inc. operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients.

image
-7.56 USD
IROQ
Overvalued 138.07%

Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses.

image
6.47 USD
WNEB
Overvalued 27.28%

Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers.

image
3.33 USD
CBAN
Overvalued 80.41%

Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals and small to medium-sized businesses in South Louisiana.

image
-2.58 USD
ISTR
Overvalued 110.95%

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial banking services.

image
70.8 USD
VABK
Undervalued 67.70%

Cullman Bancorp, Inc. operates as the holding company for Cullman Savings Bank that provides various banking products and services. It offers checking, savings, and individual retirement accounts, as well as certificates of deposit accounts.

image
8.08 USD
CULL
Overvalued 16.77%

TC Bancshares, Inc. operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States.

image
9.21 USD
TCBC
Overvalued 46.77%

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States.

image
7.59 USD
MGYR
Overvalued 41.05%

Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services.

image
19 USD
LSBK
Undervalued 40.60%

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States.

image
-0.679 USD
BSBK
Overvalued 108.27%

Southern Missouri Bancorp, Inc. operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States.

image
55.5 USD
SMBC
Overvalued 15.64%

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia.

image
49.4 USD
OPOF
Undervalued 139.13%
6. Ownership
Insider Ownership Shore Bancshares, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
6.58 K USD 1
3-6 MONTHS
178 K USD 4
6-9 MONTHS
256 K USD 4
9-12 MONTHS
Date Value Insider Amount Avg Price
5 months ago
Jun 04, 2024
Bought 6.58 K USD
LAMON JOHN
Director
+ 605
 10.878 USD
6 months ago
May 09, 2024
Bought 54.9 K USD
KELLY CLYDE V. III
Director
+ 4900
 11.1948 USD
6 months ago
May 09, 2024
Bought 1.12 K USD
KELLY CLYDE V. III
Director
+ 100
 11.203 USD
8 months ago
Mar 04, 2024
Bought 6.51 K USD
LAMON JOHN
Director
+ 578
 11.2713 USD
8 months ago
Feb 20, 2024
Bought 5.8 K USD
Adams Michael Brian
Director
+ 500
 11.6 USD
9 months ago
Feb 13, 2024
Bought 110 K USD
Willey Dawn M.
Director
+ 10000
 11.02 USD
9 months ago
Feb 09, 2024
Bought 21.4 K USD
Jones David S.
Director
+ 1957
 10.96 USD
9 months ago
Feb 08, 2024
Bought 88.6 K USD
Jones David S.
Director
+ 8043
 11.01 USD
9 months ago
Feb 05, 2024
Bought 6.37 K USD
LAMON JOHN
Director
+ 579
 10.995 USD
11 months ago
Nov 30, 2023
Bought 91.9 K USD
Willey Dawn M.
Director
+ 7500
 12.25 USD
11 months ago
Nov 30, 2023
Bought 6.35 K USD
LAMON JOHN
Director
+ 519
 12.2399 USD
11 months ago
Nov 28, 2023
Bought 41.4 K USD
KELLY CLYDE V. III
Director
+ 3500
 11.84 USD
1 year ago
Nov 06, 2023
Bought 6.27 K USD
LAMON JOHN
Director
+ 539
 11.624 USD
1 year ago
Aug 22, 2023
Bought 22.3 K USD
WAYSON KONRAD
Director
+ 2000
 11.13 USD
1 year ago
Aug 07, 2023
Bought 6.24 K USD
LAMON JOHN
Director
+ 550
 11.345 USD
1 year ago
May 17, 2023
Bought 9 K USD
Cavey Michael T.
See Remarks
+ 791
 11.375 USD
1 year ago
May 17, 2023
Bought 2.28 K USD
Cavey Michael T.
See Remarks
+ 209
 10.9 USD
1 year ago
May 16, 2023
Bought 11.1 K USD
STEVENS DONNA J.
See Remarks
+ 1000
 11.082 USD
1 year ago
May 16, 2023
Bought 21 K USD
CLEMMER R. MICHAEL
Director
+ 1910
 10.99 USD
1 year ago
May 15, 2023
Bought 968 USD
CLEMMER R. MICHAEL
Director
+ 90
 10.75 USD
1 year ago
May 11, 2023
Bought 32.5 K USD
WAYSON KONRAD
Director
+ 3000
 10.83 USD
1 year ago
May 04, 2023
Bought 110 K USD
Jones David S.
Director
+ 10000
 10.99 USD
1 year ago
May 05, 2023
Bought 10.1 K USD
MOORE DAVID W.
Director
+ 875
 11.5086 USD
1 year ago
Feb 23, 2023
Bought 10 K USD
STEVENS DONNA J.
See Remarks
+ 585
 17.1096 USD
1 year ago
Feb 28, 2023
Bought 6.1 K USD
LAMON JOHN
Director
+ 357
 17.0896 USD
1 year ago
Feb 27, 2023
Bought 24.1 K USD
Esham William E. III
Director
+ 1403
 17.15 USD
1 year ago
Feb 14, 2023
Bought 8.7 K USD
Adkins Vance W.
EVP - CFO/Treasurer
+ 500
 17.4 USD
1 year ago
Feb 08, 2023
Bought 7.42 K USD
BEATTY LLOYD L JR
See Remarks
+ 420
 17.6634 USD
1 year ago
Feb 07, 2023
Bought 27 K USD
BEATTY LLOYD L JR
See Remarks
+ 1500
 18.0129 USD
1 year ago
Feb 02, 2023
Bought 71.4 K USD
Willey Dawn M.
Director
+ 4000
 17.84 USD
1 year ago
Feb 01, 2023
Bought 35 K USD
WAYSON KONRAD
Director
+ 2000
 17.52 USD
1 year ago
Jan 31, 2023
Bought 12.3 K USD
LAMON JOHN
Director
+ 710
 17.3639 USD
2 years ago
Aug 25, 2022
Bought 9.96 K USD
Esham William E. III
director:
+ 510
 19.52 USD
2 years ago
Aug 29, 2022
Bought 6.05 K USD
LAMON JOHN
director:
+ 311
 19.4651 USD
2 years ago
Aug 03, 2022
Bought 6.03 K USD
LAMON JOHN
director:
+ 311
 19.3865 USD
2 years ago
May 04, 2022
Bought 12.5 K USD
LAMON JOHN
director:
+ 625
 19.92 USD
3 years ago
Aug 09, 2021
Bought 44.7 K USD
BEATTY LLOYD L JR
See Remarks
+ 2500
 17.8926 USD
3 years ago
May 14, 2021
Bought 102 K USD
Willey Dawn M.
Director
+ 6000
 17.0467 USD
3 years ago
Nov 30, 2020
Bought 6.96 K USD
Esham William E. III
Director
+ 500
 13.92 USD
4 years ago
May 29, 2020
Bought 5.83 K USD
Cavey Michael T.
See Remarks
+ 572
 10.188 USD
4 years ago
May 19, 2020
Bought 9.15 K USD
STEVENS DONNA J.
See Remarks
+ 1000
 9.15 USD
4 years ago
May 14, 2020
Bought 25.2 K USD
Cavey Michael T.
See Remarks
+ 3000
 8.4 USD
4 years ago
May 12, 2020
Bought 31.9 K USD
BEATTY LLOYD L JR
See Remarks
+ 3400
 9.3736 USD
5 years ago
Nov 04, 2019
Sell 17.3 K USD
Ruch, Jr. Charles E.
EVP, CHIEF CREDIT OFFICER
- 1050
 16.43 USD
8 years ago
May 09, 2016
Bought 17.8 K USD
STEVENS DONNA J.
SHORE BANCSHARES, COO
+ 1500
 11.872 USD
8 years ago
Oct 27, 2016
Bought 3.11 K USD
BILBROUGH PATRICK M
See remarks
+ 240
 12.95 USD
8 years ago
Oct 27, 2016
Bought 7.79 K USD
BILBROUGH PATRICK M
See remarks
+ 600
 12.99 USD
8 years ago
Oct 27, 2016
Bought 5.57 K USD
BILBROUGH PATRICK M
See remarks
+ 430
 12.95 USD
8 years ago
May 10, 2016
Bought 1.12 K USD
BILBROUGH PATRICK M
See remarks
+ 94
 11.87 USD
8 years ago
May 10, 2016
Bought 246 K USD
BILBROUGH PATRICK M
See remarks
+ 20706
 11.88 USD
8 years ago
May 10, 2016
Bought 9.52 K USD
BILBROUGH PATRICK M
See remarks
+ 800
 11.9 USD
8 years ago
Aug 02, 2016
Bought 23.4 K USD
BEATTY LLOYD L JR
Director
+ 2000
 11.6928 USD
8 years ago
Jul 29, 2016
Bought 11.8 K USD
SPURRY CHRISTOPHER F
Director
+ 1000
 11.82 USD
8 years ago
Feb 18, 2016
Bought 52.2 K USD
Mason Frank E III
Director
+ 4600
 11.35 USD
8 years ago
Feb 18, 2016
Bought 5.11 K USD
Mason Frank E III
Director
+ 450
 11.35 USD
8 years ago
Feb 18, 2016
Bought 3.73 K USD
Mason Frank E III
Director
+ 345
 10.82 USD
8 years ago
Feb 26, 2016
Bought 52.2 K USD
Mason Frank E III
Director
+ 4600
 11.35 USD
8 years ago
Feb 18, 2016
Bought 3.73 K USD
Mason Frank E III
Director
+ 345
 10.82 USD
8 years ago
Feb 26, 2016
Bought 5.11 K USD
Mason Frank E III
Director
+ 450
 11.35 USD
8 years ago
Dec 14, 2015
Sell 532 K USD
VERMILYE W MOORHEAD
Director
- 50000
 10.65 USD
9 years ago
Aug 24, 2015
Bought 9.35 K USD
BEATTY LLOYD L JR
PRESIDENT / CEO
+ 1000
 9.35 USD
9 years ago
May 20, 2015
Bought 4.8 K USD
ALLEN EDWARD CONLEY JR.
CNB-PRESIDENT/CEO
+ 500
 9.59 USD
10 years ago
Nov 11, 2014
Sell 91.4 K USD
Trice F. Winfield Jr.
- 10000
 9.14 USD
10 years ago
Nov 12, 2014
Sell 9.14 K USD
Trice F. Winfield Jr.
- 1000
 9.14 USD
10 years ago
Nov 12, 2014
Sell 22.7 K USD
Trice F. Winfield Jr.
- 2465
 9.2 USD
10 years ago
Nov 12, 2014
Sell 4.61 K USD
Trice F. Winfield Jr.
- 500
 9.2152 USD
7. News
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share EASTON, Md. , Oct. 30, 2024 /PRNewswire/ --Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 29, 2024 to stockholders of record on November 12, 2024. prnewswire.com - 2 weeks ago
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share EASTON, Md. , Aug. 1, 2024 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable August 30, 2024 to stockholders of record on August 12, 2024. prnewswire.com - 3 months ago
Shore Bancshares (SHBI) Tops Q1 Earnings Estimates Shore Bancshares (SHBI) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.35 per share a year ago. zacks.com - 6 months ago
Shore Bancshares, Inc. Reports 2024 First Quarter Financial Results EASTON, Md. , May 2, 2024 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A. prnewswire.com - 6 months ago
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share EASTON, Md. , Feb. 2, 2024 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable February 29, 2024 to stockholders of record on February 12, 2024. prnewswire.com - 9 months ago
Shore Bancshares, Inc. Reports 2023 Fourth Quarter and Annual Results EASTON, Md. , Jan. 31, 2024 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank N.A. prnewswire.com - 9 months ago
Shore Bancshares (SHBI) Soars 7.3%: Is Further Upside Left in the Stock? Shore Bancshares (SHBI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term. zacks.com - 11 months ago
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share EASTON, Md. , Nov. 7, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 30, 2023 to stockholders of record on November 18, 2023. prnewswire.com - 1 year ago
Shore Bancshares, Inc. Reports Third Quarter 2023 Net Loss of $6.4 million Due to One-Time Merger Related Activity EASTON, Md. , Nov. 1, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank N.A. prnewswire.com - 1 year ago
Shore Bancshares (SHBI) Expected to Beat Earnings Estimates: Can the Stock Move Higher? Shore Bancshares (SHBI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 year ago
Shore Bancshares (SHBI) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates While the top- and bottom-line numbers for Shore Bancshares (SHBI) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 1 year ago
Shore Bancshares (SHBI) Misses Q2 Earnings and Revenue Estimates Shore Bancshares (SHBI) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.39 per share a year ago. zacks.com - 1 year ago
8. Profile Summary

Shore Bancshares, Inc. SHBI

image
COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 540 M
Dividend Yield 0.86%
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.
Contact 18 East Dover Street, Easton, MD, 21601 https://www.shoreunitedbank.com/shore-bancshares--inc-
IPO Date April 9, 2001
Employees 610
Officers Mr. Talal Tay Executive Vice President & Chief Risk Officer Mr. Brian Scot Ebron Executive Vice President & Chief Banking Officer Ms. Christy M. Lombardi Executive Vice President & Chief Human Resources Officer Mr. Charles E. Ruch Jr. Executive Vice President & Chief Credit Officer Mr. James M. Burke President, Chief Executive Officer & Director Ms. Andrea E. Colender Executive Vice President, Chief Legal Officer & Corporate Secretary Ms. Lacey Amanda Pierce Executive Vice President & Chief Administrative Officer Ms. Donna J. Stevens Executive Vice President & Chief Operating Officer Charles F. Kade III Senior Vice President & Chief Information Officer