SHBI
Shore Bancshares, Inc.
SHBI's fundamentals are strong: revenue grew 11% and its operating margin rose 3 points to 37%. At 11x earnings, it's trading in line with its usual 12x. Analysts expect earnings growth.
SHBI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
SHBI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SHBI.
SHBI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $17.81 | -22% |
| Forward | 10x | $22.75 | — |
| Current | 11x | $22.75 | — |
| Fair | 12x | $24.66 | +8.4% |
| Expensive | 17x | $35.08 | +54% |
Historical ranges are pointers, not guarantees.
SHBI's PE is in its fair range at 11x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its cheap range.
SHBI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for SHBI, with profitability improving.
SHBI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.25 | +9.9% |
| Q3 2026 | $2.05 | +21% |
| Q2 2026 | $1.98 | +24% |
| Q1 2026 | $1.88 | +27% |
| Q4 2025 | $1.78 | +35% |
| Q3 2025 | $1.69 | +51% |
| Q2 2025 | $1.60 | +227% |
| Q1 2025 | $1.48 | +323% |
| Q4 2024 | $1.32 | +214% |
SHBI's earnings per share have climbed steadily: $2.05 over the past year, up 21% from the year before, and higher year over year for nine quarters in a row.
SHBI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $62.8M | +11% |
| Q2 2026 | $61.7M | +9.2% |
| Q1 2026 | $59.8M | +13% |
| Q4 2025 | $59.1M | +12% |
| Q3 2025 | $56.4M | +11% |
| Q2 2025 | $56.6M | +12% |
| Q1 2025 | $53M | +11% |
| Q4 2024 | $52.9M | +7.7% |
SHBI's revenue has grown year over year for eight quarters in a row: $63M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +1.8 points |
| Q2 2026 | 41% | +4.3 points |
| Q1 2026 | 38% | +3.5 points |
| Q4 2025 | 35% | +0.8 points |
| Q3 2025 | 34% | +4.1 points |
| Q2 2025 | 36% | +6.8 points |
| Q1 2025 | 34% | +12 points |
| Q4 2024 | 34% | +4.8 points |
SHBI's operating margin was 35% last quarter, up 1.8 points from the same quarter a year ago.
SHBI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $35.4M | -16% |
| Q2 2026 | $7M | +$16.2M |
| Q1 2026 | $30.5M | +63% |
| Q4 2025 | $7.8M | -75% |
| Q3 2025 | $41.9M | +396% |
| Q2 2025 | -$9.2M | -738% |
| Q1 2025 | $18.8M | +2955% |
| Q4 2024 | $31.2M | -7.7% |
SHBI's free cash flow was $81M over the past year, down 2.3% from the year before. Free cash flow isn't a meaningful measure for financial services companies like SHBI.
SHBI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -61.3K shares |
| 1 year | -0.1% | -18.4K shares |
| 3 years | +0.9% | +288K shares |
SHBI has 33M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3.2M |
SHBI Net Leverage
SHBI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.6 | Neutral |
| Stochastic | 29.8 | Neutral |
SHBI's weekly RSI is 55 (neutral) and its Stochastic is 30 (neutral).
SHBI PE vs Financial Services Sector
| Metric | SHBI | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 15% below |
| PE % | 39 | 63 | 24 pts below |
SHBI is trading at 11x earnings, a 15% discount to the Financial Services sector's median of 13x.
SHBI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.7 | 0.4% above |
| 20 week MA | $23.1 | 1.7% below |
| 50 week MA | $20.8 | 9.2% above |
| 100 week MA | $18.1 | 26% above |
| 200 week MA | $15.5 | 47% above |
SHBI's trend is mixed: it's above four of its five weekly moving averages, and 47% above its 200-week average.
SHBI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.3 | $14.6 | -16% |
| 2021 | $14.6 | $20.3 | +39% |
| 2022 | $20.3 | $17.5 | -14% |
| 2023 | $17.5 | $14.3 | -18% |
| 2024 | $14.3 | $15.9 | +11% |
| 2025 | $15.9 | $17.9 | +13% |
| 2026 YTD | $17.9 | $22.8 | +27% |
SHBI has finished lower in three of the last six years. It's up 27% so far in 2026.