Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $9.52 USD
Change Today 0.00 / 0.00%
Volume 1.0K
SHBI On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

shore bancshares inc (SHBI) Snapshot

Open
$9.50
Previous Close
$9.52
Day High
$9.67
Day Low
$9.46
52 Week High
05/15/15 - $9.94
52 Week Low
03/9/15 - $8.51
Market Cap
120.2M
Average Volume 10 Days
28.7K
EPS TTM
$0.48
Shares Outstanding
12.6M
EX-Date
08/13/15
P/E TM
20.0x
Dividend
$0.08
Dividend Yield
0.21%
Current Stock Chart for SHORE BANCSHARES INC (SHBI)

Related News

No related news articles were found.

shore bancshares inc (SHBI) Related Businessweek News

No Related Businessweek News Found

shore bancshares inc (SHBI) Details

Shore Bancshares, Inc., through its subsidiaries, provides various commercial banking products and services to individuals and businesses in Maryland and Delaware. The company operates through two segments, Community Banking, and Insurance Products and Services. It offers various deposit products, including checking, savings, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS program, cash management services, and various checking services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition development loans, construction loans, and letters of credit, as well as commercial mortgages, and equipment and operating loans; and loans to consumers comprising mortgage, home equity, automobile, marine, installment, and other secured and unsecured personal lines of credit. In addition, it offers merchant credit card clearing services, direct deposit of payroll, Internet and telephone banking services, safe deposit boxes, debit and credit cards, and automatic teller machine (ATM) services. Further, the company provides non-deposit products, such as mutual funds and annuities, and discount brokerage services; trust, asset management, and financial planning services; and insurance products and services to businesses and consumers, including property and casualty, life, marine, individual health, and long term care insurance, as well as pension and profit sharing plans, and retirement plans for executives and employees. It operates 18 full service branches and 20 ATMs in the Kent County, Queen Anne’s County, Caroline County, Talbot County, and Dorchester County in Maryland, as well as in Kent County, Delaware. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

292 Employees
Last Reported Date: 03/13/15
Founded in 1876

shore bancshares inc (SHBI) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $355.4K
Chief Financial Officer, Vice President and M...
Total Annual Compensation: $250.0K
Chief Executive Officer of Talbot Bank and Pr...
Total Annual Compensation: $255.0K
Chief Executive Officer of CNB and President ...
Total Annual Compensation: $205.0K
Chief Executive Officer of Avon Dixon and Pre...
Total Annual Compensation: $185.0K
Compensation as of Fiscal Year 2014.

shore bancshares inc (SHBI) Key Developments

Shore Bancshares Announces Quarterly Dividend Payable on August 31, 215

The board of directors of Shore Bancshares, Inc. authorized a quarterly common stock dividend of USD 0.02 per share. All stockholders of record on 17 August 2015 will receive the payment on 31 August 2015.

Shore Bancshares, Inc. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Net Charge-Offs for the Second Quarter of 2015

Shore Bancshares, Inc. announced consolidated earnings results for the second quarter and six months ended June 30, 2015. The company reported net income of $1.627 million or $0.13 per diluted common share for the second quarter of 2015, compared to net income of $1.409 million or $0.11 per diluted common share for the first quarter of 2015, and net income of $1.305 million or $0.13 per diluted common share for the second quarter of 2014. Net interest income was $8.7 million for the second quarter of 2015, compared to $8.5 million for the first quarter of 2015 and $8.4 million for the second quarter of 2014. The increase in net interest income when compared to the first quarter of 2015 was primarily due to lower volumes of and rates paid on interest bearing deposits. The increase in net interest income for the second quarter of 2015 when compared to the second quarter of 2014 was primarily due to lower volumes of and rates paid on time deposits. Income before income taxes was $2.631 million against $2.108 million a year ago. Return on average assets was 0.60% against 0.50% a year ago. Return on average equity was 4.56% against 4.47% a year ago. Return on average tangible equity (Non-GAAP) was 5.08% against 5.28% a year ago. The company reported net income of $3.0 million or $0.24 per diluted common share for the first half of 2015, compared to net income of $2.6 million or $0.28 per diluted common share for the first half of 2014. Net interest income for the first six months of 2015 was $17.2 million, an increase of 2.7% when compared to the first six months of 2014. The increases were primarily due to modest growth of average loans of approximately $12 million and the decline in average interest-bearing deposits of $20 million. Income before income taxes was $4.901 million against $4.129 million a year ago. Return on average assets was 0.56% against 0.49% a year ago. Return on average equity was 4.29% against 4.66% a year ago. Book value per common share at period was $11.35 against $9.84 per share a year ago. Return on average tangible equity (Non-GAAP) was 4.80% against 5.60% a year ago. For the quarter, the company reported net charge-offs of $421,000 against $1,943,000 a year ago.

Shore Bancshares, Inc. Appoints Donna J. Stevens as Senior Vice President and Chief Operating Officer

Effective as of July 1, 2015, Shore Bancshares, Inc. appointed Donna J. Stevens, age 52, as the company's senior vice president and Chief Operating Officer. Ms. Stevens has been employed by the company in various officer capacities since 1997, including serving as the company's Chief Operations Officer from July 2013 to July 2015, and as the Senior Operations and Compliance Officer of CNB, the company's wholly-owned commercial bank subsidiary, from February 2010 to June 2013. In her new position, Ms. Stevens will be responsible for the overall operations of Shore Bancshares and its subsidiaries.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SHBI:US $9.52 USD 0.00

SHBI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ACNB Corp $20.09 USD +0.07
Codorus Valley Bancorp Inc $20.40 USD -0.1399
Franklin Financial Services Corp $23.55 USD 0.00
Republic First Bancorp Inc $3.57 USD +0.02
Somerset Trust Holding Co $42.00 USD 0.00
View Industry Companies
 

Industry Analysis

SHBI

Industry Average

Valuation SHBI Industry Range
Price/Earnings 21.5x
Price/Sales 2.5x
Price/Book 0.8x
Price/Cash Flow 21.5x
TEV/Sales 1.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SHORE BANCSHARES INC, please visit www.shorebancshares.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.