Shore Bancshares, Inc. (SHBI) Stock

Shore Bancshares, Inc. (SHBI) is a Financials stock trading at $23.13 (as of 2026-08-20), with a market capitalization of $771.90M and a trailing P/E of 11.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Shore Bancshares, Inc. is a bank holding company for Shore United Bank, providing commercial and consumer banking products, including deposit accounts, certificates of deposit, and cash management. It also offers lending, trust/asset management and financial planning services, brokerage and investment products, and banking channels such as telephone, mobile, and Internet services.

Understand Shore Bancshares, Inc.: how it makes money

Shore Bancshares operates a bank that offers deposit accounts (checking, savings, money market, overnight investment sweeps), certificates of deposit and cash management services, and provides commercial and consumer loans such as secured and unsecured loans, working capital loans, lines of credit, and term loans, generating operating revenue from these banking activities.

The profit engine is the combination of operating cost control (Efficiency Ratio) and credit performance on its office commercial real estate loan exposure, with credit risk reflected through Allowance for Credit Losses as a Percentage of Loans and Net Charge-Offs to Average Loans (Annualized).

Revenue by segment (latest quarter)
OpRev$0.1B

Business quality (Strong): Key operating signals exist (efficiency and credit-loss metrics), but the latest quarter scale is small and total revenue is shown as 0.0B in the provided data, so interpreting profitability measures requires caution.

Valuation: At 12× earnings, SHBI trades in line with the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Operating efficiency is trackable: The Efficiency Ratio is 61.97 percent, giving investors a clear metric to monitor whether costs are being contained relative to operating revenue.
  • Credit risk is actively quantified: The bank tracks Allowance for Credit Losses as a Percentage of Loans (1.21 percent) and Net Charge-Offs to Average Loans (Annualized) (0.07 percent), which provides visibility into loss coverage and realized credit losses.

Bear case

  • Concentration risk in office commercial real estate: The Office Commercial Real Estate Loan Portfolio is 0.49B, and there are 481 office commercial real estate loans, so deterioration in this segment could pressure results.
  • Loss reserve coverage may not be a guarantee: Reserves to Nonperforming Assets is 85.53 percent, but if nonperforming assets rise faster than reserves build, credit metrics could worsen.
Valuation — source: SEC EDGAR (first-party)
Price$23.13
Market Cap$771.90M
P/E Ratio11.5
EV / EBITDA6.7
Price / Book1.25
Price / Sales35.23
FCF Yield19.4%
DCF Value (model)$31.87
DCF Upside vs Price37.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$20.85M
Net Margin285.4%
Revenue Growth (YoY)-0.3%
EPS Growth (YoY)34.8%
FCF Growth (YoY)42.1%
Valuation vs Sector & Industry
Stock P/E11.5
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-24.3%
vs Industry-11.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($56.48M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOJames Burke
Employees584
CountryUS
IPO Date2001-04-09

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

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  • Alerus Financial Corporation (ALRS)
  • Financial Institutions, Inc. (FISI)
  • Arrow Financial Corporation (AROW)
  • Peoples Financial Services Corp. (PFIS)
  • Carter Bankshares, Inc. (CARE)
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SHBI earnings history · SHBI institutional & insider holders · SHBI KPIs & operating metrics · SHBI financials · SHBI investor presentations & press releases · SHBI SEC filings · SHBI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.