Shore Bancshares(SHBI)

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Shore Bancshares (SHBI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-24 23:30
Core Insights - Shore Bancshares reported revenue of $56.57 million for the quarter ended June 2025, reflecting an 11.7% increase year-over-year [1] - The company's EPS was $0.51, up from $0.40 in the same quarter last year, exceeding the consensus estimate of $0.41 by 24.39% [1] Financial Performance - Revenue surpassed the Zacks Consensus Estimate of $53.84 million, resulting in a surprise of +5.08% [1] - Net Interest Margin was reported at 3.4%, slightly above the average estimate of 3.3% [4] - Efficiency Ratio stood at 60.8%, better than the estimated 62.9% [4] - Total Non-Interest Income reached $9.32 million, exceeding the average estimate of $7.31 million [4] - Net Interest Income was $47.25 million, compared to the average estimate of $46.53 million [4] Stock Performance - Shore Bancshares shares have returned +9.6% over the past month, outperforming the Zacks S&P 500 composite's +5.7% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]
Shore Bancshares (SHBI) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-07-24 22:15
Company Performance - Shore Bancshares reported quarterly earnings of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.41 per share, and up from $0.40 per share a year ago, representing an earnings surprise of +24.39% [1] - The company posted revenues of $56.57 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.08%, compared to year-ago revenues of $50.66 million [2] - Over the last four quarters, Shore Bancshares has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Outlook - The stock has added about 4.9% since the beginning of the year, while the S&P 500 has gained 8.1% [3] - The current consensus EPS estimate for the coming quarter is $0.42 on revenues of $54.78 million, and for the current fiscal year, it is $1.67 on revenues of $217.05 million [7] - The estimate revisions trend for Shore Bancshares was favorable ahead of the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 23% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Shore Bancshares(SHBI) - 2025 Q2 - Quarterly Results
2025-07-24 20:00
18 E. Dover Street Easton, Maryland 21601 Phone (410) 763-7800 PRESS RELEASE Shore Bancshares, Inc. Reports 2025 Second Quarter Results Easton, Maryland (July 24, 2025) – Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A. (the "Bank") reported net income for the second quarter of 2025 of $15.5 million, or $0.46 per diluted common share, compared to net income of $13.8 million, or $0.41 per diluted common share for the first quarter o ...
Shore Bancshares, Inc. Reports 2025 Second Quarter Results
Prnewswire· 2025-07-24 20:00
EASTON, Md., July 24, 2025 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A. (the "Bank") reported net income for the second quarter of 2025 of $15.5 million, or $0.46 per diluted common share, compared to net income of $13.8 million, or $0.41 per diluted common share for the first quarter of 2025, and net income of $11.2 million, or $0.34 per diluted common share, for the second quarter of 2024.Second Quarter 2025 Hi ...
Shore Bancshares (SHBI) to Report Q2 Results: Wall Street Expects Earnings Growth
ZACKS· 2025-07-17 15:06
Shore Bancshares (SHBI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the s ...
Shore Bancshares (SHBI) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-07-10 14:57
Core Viewpoint - Shore Bancshares Inc (SHBI) is showing potential for a bullish breakout due to a recent "golden cross" in its moving averages, indicating a key level of support and positive technical signals [1]. Technical Analysis - SHBI's 50-day simple moving average has crossed above its 200-day simple moving average, forming a "golden cross," which is a significant bullish indicator [1]. - The golden cross pattern typically involves three stages: a downtrend followed by a crossover of the shorter moving average over the longer one, and finally, an upward price movement [2]. Performance Metrics - Over the past four weeks, SHBI shares have increased by 10% [3]. - The company currently holds a 1 (Strong Buy) rating on the Zacks Rank, suggesting strong potential for further gains [3]. Earnings Outlook - There has been one upward revision in earnings estimates for SHBI in the last 60 days, with no downward revisions, indicating a positive earnings outlook for the current quarter [3]. - The Zacks Consensus Estimate for SHBI has also increased, reinforcing the bullish sentiment around the stock [4].
Are You Looking for a Top Momentum Pick? Why Shore Bancshares (SHBI) is a Great Choice
ZACKS· 2025-07-03 17:06
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Shore Bancshares (SHBI) - Shore Bancshares currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - SHBI shares have increased by 6.63% over the past week, outperforming the Zacks Banks - Northeast industry, which rose by 4.31% [5] - Over the past month, SHBI's price change is 12.53%, compared to the industry's 7.77% [5] - In the last quarter, SHBI shares have risen by 30.83%, and over the past year, they have gained 44.22%, while the S&P 500 has only increased by 10.24% and 14.41%, respectively [6] Trading Volume - The average 20-day trading volume for SHBI is 191,516 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for SHBI has increased, while none have decreased, raising the consensus estimate from $1.62 to $1.67 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Conclusion - Considering the positive momentum indicators and earnings outlook, SHBI is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]
Is Shore Bancshares (SHBI) Stock Undervalued Right Now?
ZACKS· 2025-06-12 14:40
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...
Should Value Investors Buy Shore Bancshares (SHBI) Stock?
ZACKS· 2025-05-27 14:41
Core Viewpoint - Shore Bancshares (SHBI) is identified as a strong value stock with a Zacks Rank of 1 (Strong Buy) and a Value grade of A, indicating it is likely undervalued in the current market [4][8]. Valuation Metrics - SHBI has a Forward P/E ratio of 8.39, which is lower than the industry average of 9.35. The Forward P/E has fluctuated between 6.86 and 12.57 over the past 52 weeks, with a median of 9.79 [4]. - The P/B ratio for SHBI is 0.87, compared to the industry average of 0.95. Over the last 12 months, SHBI's P/B has ranged from 0.68 to 1.09, with a median of 0.88 [5]. - SHBI's P/S ratio stands at 1.44, which is lower than the industry's average of 1.76, indicating a favorable valuation based on sales [6]. - The P/CF ratio for SHBI is 9.50, significantly lower than the industry average of 15.12. This ratio has varied from 7.80 to 13.94 over the past year, with a median of 10.77 [7]. Investment Outlook - The combination of SHBI's attractive valuation metrics and strong earnings outlook suggests that it is an impressive value stock at present [8].
New Strong Buy Stocks for May 27th
ZACKS· 2025-05-27 11:21
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Carvana (CVNA) : This company which is a leading e-commerce platform for buying and selling used cars, has seen the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 day.PCB Bancorp (PCB) : This bank holding company which offers savings accounts, debit and credit cards, personal and business loans, cash management, certificate of deposits, online banking, mortgages, wealth management and e-statemen ...