Shore Bancshares Inc Common Stock (SHBI)

FairStock Score: 62/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Shore Bancshares as a small, deposit-funded community bank, not a wide-moat franchise. It earns an 11.21% return on equity and sells at 1.22 times book and about 11.5 times earnings at the 2026-10-13 close, with a 2.49% dividend yield and a 0.82 beta. Those are reasonable numbers, but not a bargain that screams mispricing. The earnings record is the attraction: filed FY2023 net income was $11.2M, FY2024 was $43.9M, and FY2025 was $59.5M, with diluted EPS rising from $0.42 to $1.32 to $1.78. In fiscal Q2 2026, the quarter ended 2026-06-30, net income was $18.9M and diluted EPS $0.56, versus $15.5M and $0.46 in fiscal Q2 2025, the quarter ended 2025-06-30. That is real momentum, and the PEG of 0.59 suggests the market is not paying much for it. However, the filed revenue lines are odd: FY2025 and FY2024 are both listed at $20.9M, and fiscal Q2 2026 revenue is listed at $6.0M, which does not sit comfortably beside $18.9M of net income. For a bank, revenue and net income can diverge because of provisioning, securities gains, or accounting, but I cannot verify the quality of the growth from the data given. The Piotroski F-Score is a middling 5/9. I would want CET1, net interest margin, nonperforming assets, reserves, and charge-offs; none are provided. Without them, I treat this as a moderately priced, growing regional bank with credit risk that cannot be fully assessed. The moat is modest—local deposit relationships and switching costs—but regional banks compete on price and credit.

In plain English: Shore Bancshares is a small bank holding company that offers consumer and business banking through Shore United Bank. Its profits have grown in recent years and it pays a modest dividend, but regional banks carry lending and credit risks that are not fully visible in the data provided. Based on its earnings and accounting value, the stock looks reasonably priced rather than obviously cheap or expensive.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer