Pricing Log in Create free account
Saturday 17 October 2026 Export SHBI’s income statement to Excel — free account

Shore Bancshares Inc

SHBI Financial Banks Regional

Shore Bancshares Inc’s revenue for fiscal 2025 (year ended December 2025) was $342.7 million, up 4.97% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 21.7%, free cash flow grew 185.8% and total debt fell 28.2%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five; insiders bought in the last twelve months.

22.55 0.01 +0.04%
Market cap
$752.2M
P/E
11.4×
Fwd P/E
10.1×
Dividend yield
2.31%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.23
Total sells 0.03
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 3 — — 1 — — 1 — — 1 — —
Sell — — — — 1 — — — — — — —
Insider Ownership 9.42%

Capital & Financial Ratios $m

Market Cap 752.21
Revenue 345.63
Net Income 66.19
Free Cash Flow 86.37
Net Debt (168.52)
Current Ratio 0.95
Debt/Equity 0.14
P/E ratio 11.39
Fwd P/E 10.10
P/S ratio 2.18
P/B ratio 1.22
Past 5Y EPS Growth 6.99%
This Y EPS Growth 21.62% (at or above 15%: strong)
Next Y EPS Growth 4.65%
Next Y revenue growth (28.37%) (below 0%: weak)
Next 5Y EPS Growth 9.08%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 36.97%
10-year low 10-year high
P/S against its own 10 years 36.42%
10-year low 10-year high
P/B against its own 10 years 79.58%
10-year low 10-year high

Dividends

Payout Ratio 0.26
Annual Dividend Rate 0.52
Annual Dividend Yield 2.31%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.54
0.12
0.14
0.14
2025 0.48
0.12
0.12
0.12
0.12
2024 0.48
0.12
0.12
0.12
0.12
2023 0.48
0.12
0.12
0.12
0.12
2022 0.48
0.12
0.12
0.12
0.12
2021 0.48
0.12
0.12
0.12
0.12
2020 0.48
0.12
0.12
0.12
0.12
2019 0.42
0.10
0.10
0.10
0.12
2018 0.32
0.07
0.08
0.08
0.09
2017 0.22
0.05
0.05
0.05
0.07
2016 0.14
0.03
0.03
0.03
0.05
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 372 460 356 258
Receivables — — — —
Inventory — — — —
Other — — — —
4,984 5,213 5,248 5,128
2023 2024 2025 Q'26
Payables 5,386 5,528 5,534 5,400
ST’ Debt — — — —
Other — — — —
5,386 5,528 5,534 5,400

Compound Annual Growth %

10y 5y 3y
Sales 20.23% 37.23% 35.77%
Cash Flow 15.23% 27.62% 5.82%
Earnings 23.67% 30.49% 24.04%
Book Value 14.91% 24.78% 17.43%

Revenue $m

Mar Jun Sep Dec Year
’26 86 86 — — —
’25 83 86 85 89 343
’24 78 82 82 85 326
’23 40 42 86 79 247
’22 30 33 36 38 137
’21 18 18 20 28 84
’20 17 17 17 19 70
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 32 8 — — —
’25 20 (8) 42 8 62
’24 2 3 9 32 47
’23 11 (1) (24) 36 23
’22 25 18 7 3 53
’21 4 7 5 (23) (8)
’20 4 5 0 9 18
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 31 8 — — —
’25 21 (9) 42 6 60
’24 1 2 10 30 43
’23 11 (1) (26) 34 17
’22 24 17 6 2 50
’21 3 6 3 (23) (11)
’20 3 5 0 8 16
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.51 0.56 — — —
’25 0.41 0.46 0.43 0.48 1.78
’24 0.25 0.34 0.34 0.40 1.32
’23 0.32 0.20 (0.29) 0.32 0.42
’22 0.28 0.38 0.49 0.42 1.57
’21 0.34 0.34 0.39 0.16 1.17
’20 0.25 0.43 0.27 0.32 1.27
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 10.23 14.64 12.95 14.00 7.63 12.99 17.04 9.66 10.06 11.47

Analyst estimates 2026–2028

Powerpack
High 16.90 18.49 20.09 17.90 17.56 23.19 21.41 18.15 17.61 19.22
People
People Employees 305 346 292 294 295 446 481 630 597 608
Revenue/emp, $m 0.19 0.16 0.22 0.24 0.24 0.19 0.28 0.39 0.55 0.56
Income, $m
Income, $m Revenue 57 56 65 70 70 84 137 247 326 343
Gross margin, % 95.81 95.95 91.88 86.19 89.95 92.78 90.84 68.14 61.78 65.67
EBT 16 18 21 22 21 21 42 14 59 79
EBT margin, % 27.75 31.98 32.57 31.37 29.89 25.31 30.78 5.74 17.98 22.95
Net income 10 11 25 16 16 15 31 11 44 60
Depreciation 2 2 3 3 3 5 7 12 16 16
Per share, $
Per share, $ Revenue 4.53 4.43 5.10 5.48 5.69 6.38 6.90 9.30 9.81 10.26
Earnings 0.76 0.89 1.96 1.27 1.27 1.17 1.57 0.42 1.32 1.78
Cash flow 1.50 1.54 1.44 1.08 1.49 (0.57) 2.65 0.85 1.41 1.87
Capex (0.06) (0.10) (0.09) (0.18) (0.19) (0.26) (0.12) (0.20) (0.13) (0.07)
Free cash flow 1.45 1.44 1.35 0.90 1.30 (0.83) 2.53 0.66 1.28 1.80
Book value 12.20 12.91 14.38 15.15 15.75 26.73 18.35 19.24 16.26 17.66
Shares, m 13 13 13 13 12 13 20 27 33 33
Valuation, ×
Valuation, × P/E 20.37 18.57 7.42 13.67 11.50 16.95 11.08 25.82 11.92 9.93
P/S 3.42 3.73 2.85 3.17 2.57 3.27 2.52 1.52 1.62 1.72
P/B 1.27 1.28 1.01 1.15 0.93 0.78 0.95 0.73 0.97 1.00
EV/Sales 2.09 3.17 2.05 2.02 0.26 (3.07) 2.59 0.30 0.59 0.95
EV/FCF 6.54 9.74 7.75 12.26 1.14 23.48 7.06 4.29 4.49 5.39
Cash, $m
Cash, $m Operating cash flow 19 20 18 14 18 (8) 53 23 47 62
Capex (1) (1) (1) (2) (2) (3) (2) (5) (4) (2)
Free cash flow 18 18 17 11 16 (11) 50 17 43 60
Balance, $m
Balance, $m Working capital (62) (109) (21) (9) (74) (304) (420) (402) (315) (286)
Total debt 3 22 15 15 24 53 65 73 124 89
Net debt (76) (32) (52) (80) (162) (531) 9 (300) (336) (267)
Shareholders’ equity 154 164 183 193 195 351 364 511 541 590
Returns, %
Returns, % ROA 0.84 0.88 1.74 1.06 0.90 0.57 0.90 0.24 0.72 0.95
ROIC 13.08 8.51 10.09 12.13 40.44 0.00 7.05 4.19 17.90 15.20
ROE 6.40 7.08 14.41 8.62 8.11 5.63 8.72 2.57 8.34 10.52
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Shore Bancshares Inc vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
IBCP Independent Bank Corp. $783.4M 10.2× 10.0× +5.66% (above 0%: growing) +12.35% (above 0%: growing) −1.00% (below 0%: shrinking) 76.53% 0.00% Compare
HTB HomeTrust Bancshares, Inc. $776.1M 12.2× 12.9× −4.58% (below 0%: shrinking) −5.94% (below 0%: shrinking) +417.30% (above 0%: growing) 77.45% 0.00% Compare
FISI Financial Institutions, Inc. $773.9M 9.6× 9.2× +0.58% (above 0%: growing) +24.71% (above 0%: growing) +397.95% (above 0%: growing) 68.40% 0.00% Compare
PGC Peapack-Gladstone Financial Corporation $769.9M 14.8× 11.9× +10.12% (above 0%: growing) +97.78% (above 0%: growing) +388.43% (above 0%: growing) 70.34% 0.00% Compare
SMBC Southern Missouri Bancorp, Inc. $769.7M 10.9× 10.3× +2.83% (above 0%: growing) +31.43% (above 0%: growing) −50.54% (below 0%: shrinking) 64.61% 0.00% Compare
ALRS Alerus Financial $765.5M 29.0× 9.7× +1.35% (above 0%: growing) +3.80% (above 0%: growing) +136.92% (above 0%: growing) 77.88% 0.00% Compare
SHBI Shore Bancshares Inc $752.2M 11.4× 10.1× +0.40% (above 0%: growing) +21.74% (above 0%: growing) +185.78% (above 0%: growing) 71.57% 0.00%
VBNK VersaBank $725.9M 29.3× 18.0× +19.17% (above 0%: growing) +46.67% (above 0%: growing) −124.97% (below 0%: shrinking) 42.29% 0.00% Compare
WASH Washington Trust Bancorp, Inc. $707.1M 12.7× 10.7× −2.18% (below 0%: shrinking) +21.74% (above 0%: growing) +101.28% (above 0%: growing) 64.44% 0.00% Compare
Median of peers $769.8M 12.5× 10.5× +2.09% +23.23% +119.10% 69.37% 0.00%

All 323 Banks Regional stocks →

Shore Bancshares Inc (SHBI) key facts

  • Strength: Shore Bancshares Inc’s revenue for fiscal 2025 (year ended December 2025) was $342.7 million, up 4.97% from fiscal 2024.
  • Shore Bancshares Inc (SHBI) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, SHBI traded at $22.55, a market capitalization of $752.2 million.
  • Shore Bancshares Inc pays an annual dividend of $0.52 per share, a yield of 2.31%, with a payout ratio of 26.3%.
  • Return on equity was 10.5% and debt-to-equity 0.14.
  • Its Piotroski F-score is 8 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Shore Bancshares Inc (SHBI) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/SHBI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com