Shore Bancshares/$SHBI

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About Shore Bancshares

Shore Bancshares Inc is a financial holding company based in the United States. Through its subsidiaries, it provides consumer and commercial banking products and services, as well as secondary mortgage lending, trust, wealth management, and financial planning services. The group caters to both business and individual clients, offering checking, savings, certificates of deposit, and overnight investment sweep accounts; commercial lending services, including secured and unsecured loans, working capital loans, lines of credit, etc; and safe deposit boxes, debit cards, telephone banking, and other financial products and services.
Ticker
$SHBI
Sector
Finance
Primary listing
NASDAQ
Employees
602

Shore Bancshares Metrics

BasicAdvanced
$775M
11.79
$1.97
0.81
$0.52
2.41%

Bulls say / Bears say

Second-quarter net income rose to $18.9 million from $15.5 million a year earlier. Net interest margin widened to 3.70% from 3.34%, helped by lower deposit funding costs, showing improving earnings momentum. (PR Newswire)
Shore raised its quarterly dividend by 16.7% to $0.14 and authorised a $30 million share buyback. Book value per share also increased to $18.44 from $16.94 a year earlier, supporting the case for growing shareholder returns. (PR Newswire)
Underlying credit costs remained contained in the second quarter: net charge-offs fell to $123,000 and the allowance equalled 1.20% of loans. Management says the main troubled loans are well secured, while core deposits increased during the quarter. (PR Newswire, Longbridge)
Asset quality has deteriorated sharply from last year. Non-performing assets rose to 1.09% of total assets from 0.33%, while classified assets increased to 1.41% from 0.37%, leaving scope for higher future provisions. (PR Newswire)
The loan book remains heavily exposed to commercial real estate, with CRE loans of about $2.60 billion, or 53.37% of loans. Three non-performing multifamily and office loans account for $44.4 million, so a property downturn or weak workouts could produce material losses. (Longbridge, PR Newswire)
The margin improvement may not be fully repeatable because management cited elevated accretion income and interest recoveries from loan payoffs. Total deposits also fell by $134.1 million from year-end, which could increase funding pressure if core deposit growth falters. (PR Newswire)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.

Funds containing Shore Bancshares

Funds
Fund name
Fund size
$SHBI weighting
SPDR Russell 2000 US Small Cap€R2US
€4.8B0.03%
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