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Companies / Financials / Shore Bancshares, Inc.
SHBI

Shore Bancshares, Inc.

FinancialsCommercial Banks
Ticker SHBIEASTON, MDFiscal year ends DecemberBook value per share $18.52Diluted shares 33.4M

Shore Bancshares, Inc. (Nasdaq: SHBI) is a financial holding company whose business is conducted primarily through Shore United Bank, N.A., providing consumer and commercial banking, secondary mortgage lending, trust, wealth management and financial planning services. The bank serves individuals, businesses and other… From the company’s description.

Over the twelve months to Sep 30, 2026, Shore Bancshares, Inc. reported revenue of $243.46M, up 11.3% from a year earlier, and net income of $68.61M. Its pre-tax margin was 37.3%. In fiscal 2025, it reported revenue of $225.06M, up 11.6% from fiscal 2024, and net income of $59.51M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$225.06MFY2025
+11.6% year over year
Last 12 mo $243.46M
34.95%FY2025
+5.8 percentage points
Last 12 mo 37.34%
$59.51MFY2025
+35.6% year over year
Last 12 mo $68.61M
10.09%FY2025
+2 percentage points
Last 12 mo 11.08%
Cash & financing
$62.39MFY2025
+33.1% year over year
Last 12 mo $83.59M
$59.22MFY2025
+42.1% year over year
Last 12 mo $80.67M
9.48FY2025
Was 10.39× a year earlier
Last 12 mo 9.29
33.4MFY2025
+0.4% year over year
Last 12 mo 33.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Shore Bancshares, Inc. does

In the company’s own words

Shore Bancshares, Inc. (Nasdaq: SHBI) is a financial holding company whose business is conducted primarily through Shore United Bank, N.A., providing consumer and commercial banking, secondary mortgage lending, trust, wealth management and financial planning services. The bank serves individuals, businesses and other organizations in Maryland, Delaware and Virginia with deposit accounts, commercial and consumer loans, mortgage products, treasury management, digital banking and investment services. Wye Financial Partners provides investment, insurance and financial planning services, while Wye Trust offers wealth management, corporate trustee services and trust administration. The bank also provides banking services to licensed cannabis businesses. Shore United Bank traces its origins to 1876; the holding company acquired The Community Financial Corporation in 2023, expanding into Southern Maryland and the greater Fredericksburg area of Virginia. The title-services subsidiary ceased conducting real estate closings in March 2025. At December 31, 2025, the bank operated 40 full-service branches and 10 loan production and administration offices and employed 608 people. Its website is www.shorebancshares.com.

Company details
Sector
Financials
Industry (SIC)
Commercial Banks
Headquarters
EASTON, MD
Fiscal year end
December
CIK
1035092
SIC
6021

Financial performance, year by year

Fiscal 2011–2025 · USD
$-34.95M$40.98M$116.91M$192.84M$268.77M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Shore Bancshares, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

193
funds hold it
0 of 35
superinvestors hold it
$237.43M
held by funds, at market
33.2%
of shares held by funds

Largest fund holders · Shore Bancshares, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
Janus Henderson Small Cap Value Fund
JSIVX · Janus Investment Fund
1.35%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Shore Bancshares, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Shore Bancshares, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Shore Bancshares, Inc.'s last four quarterly filings that the numbers alone won't show?”
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