SHORE BANCSHARES INC (SHBI)
Financials · regional banks · NASDAQ
Shore Bancshares is a community-focused financial holding company operating Shore United Bank, serving customers throughout Maryland, Delaware, and Virginia.
What SHORE BANCSHARES INC does
Shore Bancshares, Inc. is a financial holding company that operates Shore United Bank, N.A., providing a full range of commercial and consumer banking products and services. The company serves individuals, businesses, and other organizations in Maryland, Delaware, and Virginia through a network of full-service branches and loan production offices. Beyond traditional banking, it offers wealth management, trust administration, and financial planning services.
Themes: community banking, wealth management, commercial lending, mortgage banking, regional financial services
Fundamentals
- Price$22.93 as of 2026-10-20 close
- Market cap$765M as of 2026-07-30 (share count; price 2026-10-20)
- 1-year return+44.7% 2025-10-20 close $15.85 → 2026-10-20 close $22.93
- P/E11.64 as of 2026-10-20
- Net marginn/a profit larger than the revenue it is divided by — gains from outside revenue or a partial revenue line, not a margin
- ROE+10.1% FY2025, SEC XBRL
- ROICn/a No figure: it is a bank or insurer, whose operating income and debt are not what ROIC divides.
- Debt / equity0.14 borrowings, leases excluded / equity — 10-Q/10-K balance sheet 2026-06-30
- Revenue CAGR (3y)+10.8% SEC XBRL
- Beta0.85 as of 2026-09-02
- Last reported earnings2026-07-23 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.4%; 11-year non-decreasing per-share dividend streak (SEC XBRL).
How SHBI compares in its sector
- price-to-earnings ratiomiddle range 487 covered Financials peers, as of 2026-10-20
- net profit margintop 10% 343 covered Financials peers, as of 2026-09-02
- return on equitymiddle range 558 covered Financials peers, as of 2026-09-02
- 3-year revenue CAGRmiddle range 347 covered Financials peers
- indicated dividend yieldmiddle range 440 covered Financials peers, as of 2026-09-02
- free cash flow (absolute dollars, latest fiscal year)middle range 430 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, SHBI's dividend was covered by reported results (earnings payout 27%, free-cash-flow payout 27%). This describes past coverage, not a forecast.
- Earnings payout27% dividends / net income
- Free-cash-flow payout27% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
Quarterly results
| Quarter | Revenue | Net income | Diluted EPS | Operating cash flow | Capex |
|---|---|---|---|---|---|
| Q2 FY2026 2026-06-30 | $6M | $19M | $0.56 | $8M† | $567000† |
| Q1 FY2026 2026-03-31 | $5M | $17M | $0.51 | $32M | $1M |
| Q4 FY2025 2025-12-31 | $5M† | $16M† | $0.47† | $8M† | $677000† |
| Q3 FY2025 2025-09-30 | $5M | $14M | $0.43 | $42M† | $586000† |
| Q2 FY2025 2025-06-30 | $6M | $16M | $0.46 | -$8M† | $881000† |
| Q1 FY2025 2025-03-31 | $5M | $14M | $0.41 | $20M | $1M |
| Q4 FY2024 2024-12-31 | $6M† | $13M† | $0.40† | $32M† | $1M† |
| Q3 FY2024 2024-09-30 | $5M | $11M | $0.34 | $9M† | $610000† |
† Not filed as a discrete quarter: derived from the company's own year-to-date figures (for example the fourth quarter as the fiscal year minus the first nine months). A derived per-share figure is approximate, because the share count moves within the year.
Balance sheet at 2026-06-30
- Cash and equivalents$258M
- Total debt$89M borrowings only; leases excluded
- Net debt-$169M total debt − cash − short-term investments
From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.
How SHORE BANCSHARES INC looks technically
SHORE BANCSHARES INC (SHBI) is trading 9.9% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 321 trading days ago — a "golden cross", a bullish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 33, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive). It made a new 20-day low about 8 trading days ago. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 4% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 9.9% above its 200-day average, the long-term trend line — a longer-term uptrend | +9.8% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $23.05 | $23.05 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $20.87 | $20.87 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 18 calendar days ago — the swings before that are what the structure reading is measured on | 18 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 23.21. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 321 trading days ago — a "golden cross", a bullish long-term signal | 321 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 33, with sellers in control | 33.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30) | 53.6 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($21.97 to $23.21) — its "stochastic" reading is 77 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 77.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $24.89 | $24.89 |
|---|---|---|
| From the 52-week high | it is 7.9% below its 52-week high (its highest price of the past year) | -7.9% |
| Above the 52-week low | it is 53.6% above its 52-week low (its lowest price of the past year) | +53.6% |
| Below the 52-week high | it is 7.9% below its highest point of the past year | 7.9% |
| Since a 20-day breakout | it made a new 20-day low about 8 trading days ago | 8 sessions |
| Since a 55-day breakout | it made a new 55-day low about 8 trading days ago | 8 sessions |
| All-time high | its highest closing price on record is $31.27 (set on 2006-11-15) | $31.27 |
| Given back of the 52-week move | over the past year its closes ranged ($15.21 to $24.61), and it has given back roughly a quarter of its rise from last year’s low — 18% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $18.50 to $18.80. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 17.9% |
| From the all-time high | it is 26.7% below its all-time high | -26.7% |
| Nearest price level | it is trading 1.9% above a support level at $22.48 — a price it turned at twice since 2026-07-22, most recently on 2026-09-01. Since 2024-10-21 it has 12 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -1.9% |
| All-time low | its lowest closing price on record is $3.95 (set on 2011-09-20) | $3.95 |
| Above the all-time low | it is 480.5% above its all-time low | +480.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 4% of the past ~6 months), which often precedes a bigger move | 4th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.4455 between its high and its low — about 1.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.4455 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $22.18 and $23.07 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $22.18 – $22.63 – $23.07 |
| Typical daily range (% of price) | its price moves about 1.9% in a typical session — among the calmest in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 1.9% |
| Stretch from the 200-day average | it is trading 4.6 daily ranges above its 200-day average price (9.9% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 4.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.80× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a bearish engulfing | 7 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 7 sessions ago |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-10-20 0.4% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +0.4% |
|---|---|---|
| Gap filled | a 2.4% gap up opened on 2026-08-21 has been "filled" 41 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 41 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 2.3 percentage points (the stock lost 1.3% while the market gained 1.0%) | -2.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 4.0 percentage points (the stock lost 0.3% while the market gained 3.6%) | -4.0% |
| vs market, 6 months | over the past 6 months this stock beat the market by 8.3 percentage points (the stock gained 16.8% while the market gained 8.5%) | +8.3% |
| vs market, 12 months | over the past 12 months this stock beat the market by 30.1 percentage points (the stock gained 44.7% while the market gained 14.6%) | +30.1% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 1.0% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-14 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 1.1% of the share price, which is taken to mean a barrier that gives way easily. | -1.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 10% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $20.90 — a volume-weighted average of daily closes over 198 sessions, not a true tick-by-tick VWAP. | +9.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% below the average price paid since it last reported on 2026-07-23 (its 8-K), so the typical buyer over that stretch is under water. That average is $23.28 — a volume-weighted average of daily closes over 63 sessions, not a true tick-by-tick VWAP. | -1.5% |
Head and shoulders, bearish — broke down · entry $22.67 · 67 sessions in
Price levels it has turned at before
SHBI last closed at $22.93 on 2026-10-20. Since 2024-10-21 it has turned at 12 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $22.48 | Support | 1.9% below the last close | turned there twice · 2026-07-22 to 2026-09-01 |
| $23.52 | Resistance | 2.6% above the last close | turned there five times · 2026-07-02 to 2026-10-02 |
| $21.98 | Support | 4.1% below the last close | turned there three times · 2026-07-08 to 2026-10-01 |
| $19.96 | Support | 13.0% below the last close | turned there four times · 2026-04-08 to 2026-06-03 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $23.21.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 9 trading days, since 2026-10-08.
Read from daily closes as of 2026-10-20.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Trading below the 50-day moving average · MACD just crossed bullish (12/26/9) · in a Bollinger Band volatility squeeze · beating the market · Least volatile (2% or less typical daily range) | Learn: moving average · golden cross · adx · rsi · macd · breakout · bollinger bands
Based on daily closing prices as of 2026-10-20. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.40 mean, 1=Strong Buy…5=Strong Sell) — 5 analysts
- Mean price target$25.60 range $25.00 – $26.50; median $25.00
Analyst estimates, as of 2026-10-19. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for SHBI
- Consensus EPS estimate$0.536 next reporting period, as of 2026-10-19
- Estimate change, 30 days-$0.0015 (-0.3%) from $0.5375, on 2026-09-14, 35-day window
- Readings revised upward0% of 10 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Exposure to interest rate fluctuations and general economic conditions that impact loan demand, credit quality, and asset values.","Risks associated with the integration of acquired businesses and the ability to achieve expected growth and expense savings.","Regulatory and compliance risks including changes in banking laws, capital requirements, and potential impact on noninterest income activities."]
What changed in the latest 10-Q
AI-assisted comparison of SHBI's 10-Q filed 2026-05-04 against the prior one filed 2025-11-04.
Management's Discussion & Analysis (MD&A)
- Added:
- Added sentence in Forward-Looking Information: 'The information on, or accessible through, our website or any other website cited in this Quarterly Report on Form 10-Q is not part of, or incorporated by reference into, this Quarterly Report on Form 10-Q and should not be relied upon in determining whether to make an investment decision.' (filed 2026-05-04)
- Removed:
- Removed reference to 'the Company's Annual Report on Form 10-K for the year ended December 31, 2024 (the "2024 Annual Report")' and replaced with reference to 2025 Annual Report (filed 2025-11-04)
- Removed sentence: 'The Company offered title services through its wholly-owned subsidiary, Mid-Maryland Title Company, Inc. (the "Title Company"), which engaged in residential and commercial real estate settlement activities and offered title insurance policies, title search and lien satisfaction services. The Title Company ceased conducting real estate closings effective March 3' from Introduction section (filed 2025-11-04)
- Removed reference to '2024 Annual Report' in Introduction section and replaced with '2025 Annual Report' (filed 2025-11-04)
- Reworded:
- Updated Annual Report reference from 'December 31, 2024' to 'December 31, 2025' in Forward-Looking Information section (filed 2026-05-04)
- Notes:
- The newer filing's Introduction section appears truncated at 'The shares of common stock of Shore Bancshares, Inc. are listed on the N' and the older filing's Introduction section is also truncated at 'The Title Company ceased conducting real estate closings effective March 3', limiting full comparison of remaining content
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
1 open-market purchase and 0 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-16. The 6 days since 2026-10-16 have not been checked yet.
- Last 90 days · read to 2026-10-161 buy ($7371) · 0 sells — 1 buying insider
- Last 180 days · read to 2026-10-162 buys ($10922) · 0 sells — 2 buying insiders
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-03. Based on Form 4 filings read through 2026-10-16; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about SHBI's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding SHBI as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 4,924,261
- Reported value $113,011,792
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about SHBI's institutional holders → See what each manager we track holds →
Short interest (FINRA)
SHBI had 1,076,054 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).
SHBI had 3.22% of its shares outstanding sold short as of the 2026-09-30 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.76 days to cover at the same settlement.
- Reported short interest (shares) 1,076,054
- Short interest (% of shares outstanding) 3.22%
- Prior settlement (shares) 1,020,738
- Reported change 5.42%
- Days to cover (reported) 4.76
Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- M&T Bank (MTB)
- TowneBank (TOWN)
- Community Bank System (CBU)
- Fulton Financial (FULT)
- Sandy Spring Bancorp (SASR)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does SHORE BANCSHARES INC (SHBI) do?
Shore Bancshares, Inc. is a financial holding company that operates Shore United Bank, N.A., providing a full range of commercial and consumer banking products and services. The company serves individuals, businesses, and other organizations in Maryland, Delaware, and Virginia through a network of full-service branches and loan production offices. Beyond traditional banking, it offers wealth management, trust administration, and financial planning services.
What sector is SHORE BANCSHARES INC (SHBI) in?
SHORE BANCSHARES INC (SHBI) is classified in the Financials sector. Its industry is regional banks. It trades on NASDAQ.
Does SHBI pay a dividend?
Yes — SHORE BANCSHARES INC (SHBI) pays a dividend, with an indicated yield of about 2.41% and 11-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-02). Informational only — not financial advice.
Who are SHORE BANCSHARES INC's (SHBI) competitors?
Notable peers of SHORE BANCSHARES INC (SHBI) include M&T Bank, TowneBank, Community Bank System, Fulton Financial and Sandy Spring Bancorp. This peer set is informational only — not financial advice.
Is SHORE BANCSHARES INC (SHBI) overbought or oversold right now?
SHORE BANCSHARES INC (SHBI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 54, in the neutral middle (as of 2026-10-20). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on SHBI come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-20.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.