Shore Bancshares
Operates Shore United Bank across Maryland, Delaware and Virginia.
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Profile
Runs a community-banking platform through Shore United Bank, with commercial and consumer banking, mortgage lending, treasury services, trust, wealth management and financial planning. Revenue is tied mainly to banking spread income, with a Mid-Atlantic footprint shaped by recent bank mergers.
Provides commercial banking, consumer banking, secondary mortgage lending, treasury services, trust, wealth management and financial planning through Shore United Bank. Commercial customers use deposit accounts, lending, sweep accounts and treasury-management tools; households use checking, savings, mortgage, card and digital banking products.
Serves communities in Maryland, Delaware and Virginia from an Easton, Maryland base. The footprint was widened by predecessor-bank consolidation and recent mergers, while the company reports one banking segment rather than separate product segments.
Execution centers on relationship banking, loan origination, deposits, treasury services and fee-based trust or investment services. The business depends on local and regional competition for deposits, loan demand, interest-rate spreads, credit quality and bank regulation.
Company facts
Categories
Key statistics
Year to date +33.0% · Average volume (30d) 206.8K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 27, 2026 | Piper Sandler | Reiterate | Overweight | $24 | $26.50 | |
| Jun 26, 2026 | Piper Sandler | Reiterate | Overweight | $22 | $24 | |
| May 4, 2026 | Piper Sandler | Reiterate | Overweight | $18.50 | $22 | |
| Apr 9, 2026 | Keefe, Bruyette & Woods | Downgrade | Outperform | Market Perform | ||
| Nov 19, 2025 | Hovde Group | Target | $19 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 23, 2026Q2 FY26 | $0.50 | $0.60 | +19.8% | $60.4M | $61.7M | +2.2% | +3.10% |
| Apr 23, 2026Q1 FY26 | $0.45 | $0.55 | +22.2% | $58.3M | $59.8M | +2.5% | −0.78% |
| Jan 28, 2026Q4 FY25 | $0.49 | $0.53 | +8.2% | $57.8M | $59.1M | +2.2% | +0.44% |
| Oct 23, 2025Q3 FY25 | $0.45 | $0.48 | +6.7% | $57.6M | $56.4M | −2.2% | −0.13% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $83.1M | $85.9M | $84.9M | $88.8M | $85.6M | $86.8M | |
| Gross profit | $52.0M | $55.0M | $53.4M | $56.3M | $59.7M | $60.9M | |
| Operating income | $18.3M | $20.6M | $19.0M | $20.8M | $22.7M | $25.2M | |
| Net income | $13.8M | $15.5M | $14.3M | $15.9M | $17.1M | $18.9M | |
| Diluted EPS | $0.41 | $0.46 | $0.43 | $0.48 | $0.51 | $0.56 | |
| Gross margin | 62.6% | 64.0% | 62.9% | 63.4% | 69.7% | 70.1% | |
| Operating margin | 22.0% | 24.0% | 22.4% | 23.4% | 26.5% | 29.0% |
Fiscal years (4-quarter sums)FY21 $83.7M · FY22 $136.9M · FY23 $238.4M · FY24 $326.5M · FY25 $342.7M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $935.5M · Total debt $99.4M · Total assets $6.15B · Shareholders' equity $616.1M
Dividends
Raised for 10 straight years — most recently to $0.14 from $0.12 in Jun 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 3, 2026 | Jun 3 | Jun 17 | $0.14 | raised from $0.12 |
| Mar 4, 2026 | Mar 4 | Mar 18 | $0.12 | |
| Nov 13, 2025 | Nov 13 | Nov 26 | $0.12 | |
| Aug 11, 2025 | Aug 11 | Aug 25 | $0.12 | |
| May 12, 2025 | May 12 | May 23 | $0.12 | |
| Feb 13, 2025 | Feb 13 | Feb 27 | $0.12 | |
| Nov 12, 2024 | Nov 12 | Nov 29 | $0.12 | |
| Aug 12, 2024 | Aug 12 | Aug 30 | $0.12 |
Ownership
Shares outstanding 33.46M · Float 30.40M · 90.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.22M | 9.61% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 1.77M | 5.30% | 13F | Aug 11, 2026 |
| Vanguard Capital Management LLC | 1.35M | 4.02% | 13F | Aug 13, 2026 |
| American Century Companies Inc | 1.10M | 3.28% | 13F | Aug 12, 2026 |
| State Street Corp | 1.03M | 3.08% | 13F | Aug 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 3, 2026 | John Lamon | director | +300 | $24.57 |
| May 26, 2026 | Michael Brian Adams | director | +175 | $20.29 |
| Mar 2, 2026 | A. Joseph Jr Slater | director | −1,802 | $18.78 |
| Feb 5, 2026 | William E. III Esham | director | +5,000 | $19.99 |
| Nov 26, 2025 | Dawn M. Willey | director | +1,000 | $17.67 |
Peers
- Atlantic Union Bankshares
Lower Mid-Atlantic bank with Maryland and Virginia scale
- Fulton Financial
Five-state Mid-Atlantic bank with full-service product breadth
- WSFS Bank
Delaware-centered bank and wealth franchise
- Burke & Herbert Financial Services
Northern Virginia and Mid-Atlantic community-bank peer
- Eagle Bancorp
Washington-area commercial bank with CRE focus
- Primis Financial
Virginia-Maryland community bank with mortgage exposure
- TowneBank
Virginia bank with mortgage, trust, and wealth breadth
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Shore Bancshares | $23.14 | −0.04% | $774.2M | 11.7 | 10.5 | 2.2 | +9.2% |
| Atlantic Union Bankshares | $40.66 | +0.02% | $5.77B | 12.1 | 10.5 | 2.6 | −3.5% |
| Fulton Financial | $23.69 | +0.02% | $4.53B | 11.3 | 10.6 | 2.4 | +13.5% |
| WSFS Bank | $78.30 | +0.03% | $4.08B | 13.1 | 11.9 | 3.0 | +5.6% |
| Burke & Herbert Financial Services | $71.71 | 0.00% | $1.44B | 11.5 | 8.5 | 3.3 | +24.6% |
| Eagle Bancorp | $27.57 | −0.07% | $840.8M | — | 14.8 | 1.4 | −1.5% |
| Primis Financial | $16.02 | 0.00% | $398.6M | 7.4 | 9.1 | 1.3 | +44.2% |
| TowneBank | $37.47 | +0.09% | $3.45B | 10.5 | 11.3 | 2.7 | +18.5% |
| Median | 11.4 | 10.6 | 2.6 | +13.5% |