Shore Bancshares (SHBI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Shore Bancshares

NasdaqGS•Financial Services•Banks - Regional

$23.63+0.33(0.01%)Market closed

Market Cap

$767.38M

P/E

11.6x

P/S

2.2x

P/B

1.2x

Shore Bancshares, Inc. operates as a bank holding company for Shore United Bank, N.A. that provides various consumer and commercial banking products and services to individuals, businesses, and other organizations in the United States. The company offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as certificate of deposit account registry service programs and cash management services. It also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit, as well as other consumer financing products. In addition, the company offers trust, wealth management, and financial planning services; treasury management services, such as merchant card processing, remote deposit capture, and ACH origination, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; and automatic teller machine services. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

How this company scores

GoodMetricSide Score: 79/100

Strongest: Cash & Earnings Quality (24/25); weakest: Balance Sheet & Red Flags (14/25).

Profitability23/25

Growth18/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 11.6x5y range 0.0x – 33.7x

Currently near its 20-quarter median.

P/S · 2.2x5y range 0.0x – 3.4x

Currently above its 20-quarter median.

P/B · 1.2x5y range 0.0x – 1.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $767.38M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $345.63M
Q. Revenue: $86.28M
TTM EBITDA: $95.60M
TTM Op. Income: $87.61M
Q. Op. Income: $25.18M
TTM Net Income: $66.19M
Q. Net Income: $18.86M
EPS: $0.56
Shares Out.: $33.45M

$345.63M in TTM revenue grew 2.8% YoY, reaching $86.28M last quarter. TTM EBITDA of $95.60M and TTM operating income of $87.61M show growth is flowing through to the bottom line. TTM net income of $66.19M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 71.6%
EBITDA Margin: 31.5%
Op. Margin: 29.2%
Net Margin: 21.9%

Op. margin of 29.2% is up 5.2% YoY — cost efficiency is improving. Net margin at 21.9% and gross margin of 71.6% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 11.6x
P/S Ratio: 2.2x
P/B Ratio: 1.2x

At 11.6x P/E, the stock trades below typical market levels. P/S of 2.2x and P/B of 1.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 19% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.15B
Cash: $257.67M
Long-Term Debt: $89.15M
Book Value: $616.08M
D/E Ratio: 0.1
Debt/EBITDA: 3.3

With $6.15B in assets and $89.15M in long-term debt, D/E is 0.1and book value is $616.08M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $7.57M
TTM Free Cash Flow: $87.17M
FCF Margin: 25.2%
FCF / Net Income: 1.3

TTM FCF of $87.17M on $7.57M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.