SHF Holdings, Inc. SHFS

0.16 (0.01) (5.88%) as of 25 Sep
Market cap
$2.1M
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 2.06
Revenue 7.81
Net Income (3.70)
Free Cash Flow (4.44)
Net Debt (5.73)
Current Ratio 1.76
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.14
P/B ratio 0.18
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 5 2 7 6
Receivables 2 6 1 1
Inventory — — — —
Other 0 3 4 4
8 12 12 11
2023 2024 2025 Q'26
Payables 1 0 0 1
ST’ Debt — — — —
Other 0 7 2 2
8 13 6 6
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 1.84% (6.80%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 2.33% 17.22%

Revenue

Mar Jun Sep Dec Year
’26 2 2 — — —
’25 2 2 2 2 8
’24 4 4 3 4 15
’23 4 5 4 4 18
’22 2 2 2 4 9
’22 — — — — 9
’21 — — 2 5 7
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (1) (2) — — —
’25 (1) (1) (1) (1) (3)
’24 1 1 1 (3) 0
’23 0 (1) 1 (1) (1)
’22 1 1 1 0 2
’22 — — — — 2
’21 0 0 2 1 3
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (1) (2) — — —
’25 (1) (1) (1) (1) (3)
’24 1 1 1 (3) 0
’23 (1) 0 1 (1) (1)
’22 1 1 1 0 2
’22 — — — — 2
’21 0 0 2 1 3
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.43) (0.36) — — —
’25 (0.30) (0.33) 0.06 (0.26) (0.82)
’24 0.80 0.40 0.13 (18.62) (17.43)
’23 (1.20) (8.00) (0.30) 1.32 (8.20)
’22 — — 1.20 (39.00) (37.00)
’22 (0.01) (11.89) 1.01 — (1.85)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 195.20 32.60 6.60 5.92 0.98

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 222.60 609.40 36.80 29.00 10.54
High Price
— — — — — — 65 45 42 40
Employees
— — — — — 0 0 0 0 0
Revenue/Emp
— — — — — 7 9 18 15 8
Revenue
— — — — — 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
— — — — — 3 (44) (19) (4) (2)
EBT
— — — — — 46.92% (468.21%) (108.81%) (29.26%) (28.92%)
EBT Margin
— 0 — — — 3 (35) (17) (48) (2)
Net Income
— — — — — 0 0 20 10 0
Depreciation
— — — — — 0.00 9.98 8.25 5.50 2.63
Revenue/Sh
— — — — — 2.65 (37.00) (8.20) (17.43) (0.82)
Earnings/Sh
— — — — — 0.00 1.79 (0.39) 0.16 (1.17)
Cash Flow/Sh
— — — — — 0.00 (0.02) (0.10) 0.00 0.00
Capex/Sh
— — — — — 0.00 1.77 (0.49) 0.16 (1.17)
Free CF/Sh
— — — — — 0.00 5.39 16.14 (4.43) 2.82
Book Value/Sh
— — — — — 0 1 2 3 3
Shares
— — — — — 0.00 0.00 0.00 0.00 0.00
PE Ratio
— — — — — 0.00 2.94 3.30 1.64 0.40
PS Ratio
— — — — — 87.65 5.46 1.69 0.00 0.38
PB Ratio
— — — — — 0.00 2.17 3.65 2.19 0.92
EV/Sales
— — — — — 216.46 12.22 (61.52) 150.29 (1.95)
EV/FCF
— — — — — 3 2 (1) 0 (3)
Op' Cash Flow
— — — — — 0 0 0 — —
Capex
— — — — — 3 2 (1) 0 (3)
FCF
— — — — — 6 (39) 0 (1) 6
Working Cap'
— — — — — — 1 11 11 —
Total Debt
— — — — — (5) (8) 6 8 (7)
Net Debt
— — — — — 7 5 34 (12) 8
Sh' Equity
— — — — — 43.71% (35.34%) (20.66%) (119.19%) (15.79%)
ROA
— — — — — 111.45% 0.00% (32.02%) 0.00% (231.62%)
ROIC
— — — — — 44.79% (687.02%) (87.56%) (437.93%) 118.58%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

SHF Holdings, Inc. (SHFS) key facts

  • SHF Holdings, Inc. (SHFS) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • SHF Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.7 million, down 49.7% from fiscal 2024.
  • As of September 25, 2026, SHFS traded at $0.16, a market capitalization of $2.1 million.
  • Return on equity was 118.6% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

SHF Holdings, Inc. (SHFS) Latest News

News by impact score

Fine-tune

6 Aug

3

SHF Holdings' cannabis-focused 401(k) plan gains early adoption after Canopy HR names it the recommended retirement solution for clients. Canopy HR recommendation drives adoption of SHFS specialized 401(k) plan in cannabis sector.

18 May

3

SHF Holdings, Inc. (SHFS) reported first quarter 2026 financial results and issued a corporate update. Quarterly results and updates supply fresh financial metrics that typically shift near-term investor views and trading activity.

30 Apr

4

SHF Holdings, Inc. (SHFS), operating as Safe Harbor, expands its financial platform with enhanced lending capabilities to support growth in the cannabis industry. Enhancing lending for the cannabis sector positions SHFS for significant revenue growth and improved competitive standing in a high-potential market.

4

SHF Holdings, Inc. has appointed Jeffrey Kay as senior vice president of Marketing and Dominic Marella as vice president of Business Development to enhance its leadership team. These appointments aim to expand Safe Harbor's national presence and improve client services in the regulated cannabis industry. Kay brings over 30 years of marketing experience, while Marella returns with a strong background in business development within the cannabis sector. Both executives will focus on strategic initiatives to drive growth and innovation, aligning their interests with shareholders through equity-based incentives. The appointments of experienced leaders are expected to significantly enhance Safe Harbor's market positioning and growth strategy in the evolving cannabis financial services sector.

24 Apr

4

SHF Holdings, Inc. (SHFS), via Safe Harbor Financial, applauds the historic federal cannabis rescheduling from Schedule I to III, citing benefits to operator economics, deposit quality, and total addressable market expansion. Federal cannabis rescheduling enables better banking access and economics for SHFS's core cannabis financial services operations.

21 Apr

4

SHF Holdings, Inc. (SHFS), via its Safe Harbor platform, launches a specialized 401(k) retirement plan tailored for cannabis industry employers to address unique compliance and banking challenges. Specialized 401(k) launch targets underserved cannabis employers, boosting SHFS revenue potential and competitive edge in fintech for cannabis.

16 Apr

4

SHF Holdings, Inc. (SHFS) reported fourth quarter and full year 2025 results, highlighting sequential 12% sales growth, balance sheet transformation, and operational progress. Sequential 12% sales growth combined with balance sheet transformation and operational progress indicate major positive shifts in financial health and strategic positioning.

1 Apr

4

SHF Holdings, Inc. (SHFS) reported preliminary fourth quarter and full year 2025 results. Preliminary annual financial results directly impact financial performance and investor sentiment.

9 Mar

4

SHF Holdings, Inc. (SHFS) CEO highlights launch of growth platform, complete debt elimination, and financial stabilization in letter to shareholders. Debt elimination and growth platform launch signal major strategic improvements poised to enhance financial health and market position.

3 Mar

4

SHF Holdings, Inc. (SHFS) via Safe Harbor Financial reported 29% year-over-year growth in emerging US cannabis markets, adding over 100 new customer depository accounts. 29% YoY growth and 100+ new accounts demonstrate significant expansion in core cannabis banking operations.

9 Feb

4

Safe Harbor Financial has extended its partnership with PCCU, which is projected to generate an additional $9 million in revenue through 2031. This extension is expected to enhance the company's financial performance and strengthen its market position. The partnership extension is a significant strategic move that is likely to impact future revenue and investor sentiment positively.

27 Jan

4

Safe Harbor has expanded its payments solutions portfolio to assist cannabis operators in reducing cash transactions and enhancing financial stability. This initiative aims to address the challenges faced by cannabis businesses in managing cash flow and compliance, ultimately fostering a more secure and efficient payment environment within the industry. The expansion of payment solutions for cannabis operators is a significant strategic move that could enhance SHF Holdings' competitive position and market sentiment.

14 Jan

4

SHF Holdings, Inc. (SHFS) has expanded its client offerings by introducing cannabis insurance solutions through partnerships with Frontier Risk and AlphaRoot. This move aims to address the growing demand for insurance in the cannabis sector, providing tailored coverage options for businesses operating within this industry. The introduction of cannabis insurance solutions represents a significant strategic move that could enhance SHFS's market positioning and attract new clients.

30 Dec

4

SHF Holdings, Inc. (SHFS) has enhanced its lending capabilities and client experience by making strategic leadership hires. These appointments are expected to strengthen the company's operational efficiency and improve service delivery, positioning SHFS for growth in the competitive lending market. Strategic leadership hires are likely to significantly impact SHF Holdings' operational efficiency and client engagement.

23 Dec

4

SHF Holdings, Inc. (SHFS) has expanded its consulting and managed services platform through a strategic transaction focused on talent acquisition. This move aims to enhance the company's service offerings and strengthen its market position. The transaction is expected to leverage new expertise and resources, positioning SHFS for future growth in a competitive landscape. The strategic transaction is likely to significantly enhance SHFS's service capabilities and market positioning.

18 Dec

4

SHF Holdings, Inc. (SHFS) released a financial statement addressing the potential rescheduling of cannabis at the federal level, highlighting the growth opportunities for its banking platform. The company anticipates that changes in cannabis regulations could enhance its service offerings and expand its market reach, positioning SHFS favorably in the evolving financial landscape for cannabis-related businesses. Federal cannabis rescheduling could significantly alter market dynamics and enhance SHFS's competitive position in the banking sector.

4

Safe Harbor Financial, a subsidiary of SHF Holdings, Inc. (SHFS), is positioned to benefit from the potential rescheduling of cannabis under federal law and the proposed SAFER Banking Act. These developments could enhance access to banking services for cannabis-related businesses, thereby improving financial performance and market opportunities for SHFS. The anticipated regulatory changes are expected to create a more favorable environment for the cannabis industry, which may positively impact SHFS's growth prospects. The potential rescheduling of cannabis and the SAFER Banking Act could significantly alter the regulatory landscape, enhancing SHFS's market position and financial opportunities.

9 Dec

4

Safe Harbor has launched a new Payroll Cashflow Solution aimed at enhancing financial management for businesses. Additionally, the company announced a significant banking partnership with Canopy HR, which is expected to bolster its service offerings and market presence. The launch of a new solution and a major banking partnership are likely to significantly enhance SHF Holdings' competitive positioning and market dynamics.

17 Nov

4

Safe Harbor has launched the cannabis industry's first complete financial solutions platform, aimed at providing comprehensive financial services tailored for cannabis businesses. This platform is designed to address the unique challenges faced by the cannabis sector, including banking and compliance issues, and offers a range of services from payment processing to lending solutions. The initiative is expected to enhance financial accessibility and operational efficiency for cannabis companies. The launch of a comprehensive financial solutions platform is likely to significantly impact the cannabis industry's operational landscape and SHF Holdings' market positioning.

10 Nov

4

Safe Harbor Financial (SHFS) has regained compliance with Nasdaq listing requirements and successfully raised $6.8 million in new capital, while also eliminating nearly all of its debt. This financial maneuvering positions the company for improved stability and growth prospects. Regaining compliance with Nasdaq and raising significant capital while reducing debt are major strategic moves that can significantly alter the company's trajectory.

6 Nov

4

Terry Mendez, CEO of Safe Harbor Financial, is set to speak at the IgniteIt Cannabis Capital and Policy Summit 2025, focusing on federal reform and mergers and acquisitions in the cannabis industry. This event highlights the ongoing discussions around regulatory changes and their implications for the cannabis market. Mendez's participation in a significant industry summit indicates potential shifts in regulatory frameworks that could impact SHF Holdings' strategic positioning and market opportunities.

27 Sep

4

SHF Holdings, Inc. (SHFS) has launched a fully managed cannabis banking program aimed at providing financial services to the cannabis industry. This program is designed to address the unique banking challenges faced by cannabis businesses, offering solutions that include payment processing and compliance support. The initiative is expected to enhance SHF's service offerings and strengthen its position in the growing cannabis market. The launch of a fully managed cannabis banking program is a significant strategic move that could greatly enhance SHF's market position and investor sentiment.

2 Sep

4

Safe Harbor Financial has launched the first fully managed cannabis banking program tailored for financial institutions, aiming to provide compliant banking solutions for the cannabis industry. This initiative is designed to address the challenges faced by banks in servicing cannabis-related businesses, ensuring regulatory compliance and risk management. The program is expected to enhance financial institutions' ability to engage with the cannabis sector while maintaining adherence to legal standards. The launch of a fully managed cannabis banking program represents a significant strategic move that could reshape the financial landscape for cannabis businesses and enhance SHF Holdings' market position.

23 Jul

4

Safe Harbor Financial (SHFS) announced that CEO Terry Mendez will speak at the PBC Conference 2025 in Washington, D.C. on September 4, 2025. Mendez will participate in a panel discussing the future of cannabis banking, emphasizing the need for practical infrastructure over theoretical frameworks. Safe Harbor has processed over $26 billion in cannabis-related funds across 41 states, highlighting its leadership in compliant financial services for the cannabis industry. The conference aims to address challenges in the rapidly growing cannabis sector. Mendez's participation in a key industry conference indicates significant strategic engagement and potential influence on cannabis banking practices.

13 Jun

3

Safe Harbor Financial (SHFS) CEO Terry Mendez will participate as a 'Shark' in the Conscious Capitalism Workshop at Psychedelic Science 2025, taking place on June 16, 2025, in Denver. The event, hosted by MAPS, focuses on mentorship for mission-driven startups, allowing them to pitch ideas to impact investors. Mendez aims to provide feedback and support to entrepreneurs in regulated sectors, emphasizing values-based business building. Since becoming CEO in early 2025, Mendez has guided Safe Harbor in expanding its financial services for the cannabis industry, aiming to enhance operational efficiency and reduce costs. Participation in a high-profile event focused on mentorship and innovation in the cannabis sector may moderately influence Safe Harbor's market positioning and investor sentiment.

6 Jun

3

Safe Harbor Financial (SHFS) announced participation in the Benzinga Cannabis Capital Conference from June 8–10, 2025, in Chicago. CEO Terry Mendez will join a panel on financial resilience in the cannabis market on June 9. The company will also hold one-on-one meetings during the event. Safe Harbor provides financial services to the cannabis industry, having facilitated over $25 billion in transactions across 41 states and territories. The press release includes a cautionary statement about forward-looking statements and potential risks. Participation in a significant industry conference may enhance Safe Harbor's visibility and networking opportunities, potentially influencing its market position.

29 May

4

Safe Harbor Financial (SHFS) has partnered with accounting firm Bennett Thrasher to provide enhanced financial services to cannabis operators across the U.S. This alliance aims to address financial compliance challenges faced by businesses in regulated markets, offering services such as audits, tax preparation, CFO-level support, and M&A transaction assistance. The partnership seeks to improve financial clarity and operational efficiency for cannabis businesses, helping them navigate complex regulations and build credibility with stakeholders. The partnership significantly enhances Safe Harbor's service offerings, addressing critical financial compliance needs in the cannabis industry, which could alter its market positioning and investor sentiment.

22 Apr

4

SHF Holdings, Inc. (NASDAQ:SHFS) saw its share prices surge by 95.79% on Monday, closing at $4.19, following news of a partnership with FundCanna to provide funding and banking services to cannabis-related businesses in the US. This agreement allows FundCanna to refer clients to Safe Harbor for compliant banking solutions, enhancing SHF's market position. Despite this significant gain, the overall stock market faced losses due to concerns over President Trump's tariff policies and criticism of the Federal Reserve. The partnership with FundCanna is a major strategic move that could significantly enhance SHF's market position and investor sentiment.

17 Apr

4

Safe Harbor Financial and FundCanna have formed a strategic partnership aimed at enhancing access to capital for cannabis operators. This collaboration seeks to address the financial challenges faced by businesses in the cannabis industry, providing them with necessary funding solutions to support growth and operations. The partnership is likely to significantly impact the cannabis financing landscape, potentially benefiting SHF Holdings' market position and investor sentiment.

3 Apr

4

Safe Harbor Financial (SHFS) has expanded its partnership with Würk to enhance access to financial and workforce solutions for cannabis operators. This strategic alliance aims to address the industry's challenges in securing compliant banking and financial resources. Würk will refer cannabis-related businesses to Safe Harbor's banking solutions, while Safe Harbor will direct clients to Würk for human capital management services. The partnership seeks to streamline operations and improve access to essential financial services, ultimately supporting cannabis entrepreneurs in overcoming operational hurdles and fostering growth. The partnership is a significant strategic move that could enhance Safe Harbor's market position and financial performance in the evolving cannabis industry.

stockrow.com/SHFS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com