SHBINasdaqNational Commercial BanksFiscal year ends December 31
SHORE BANCSHARES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$22.43−0.12 (-0.53%)
Close on Oct 19, 2026
- Market cap
- $750.93M
- P/E (TTM)
- 11.4
- Dividend yield
- 2.14%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
285.4%+114.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.3% | +10.8% | +17.8% | -8.5% | |
| Net income | +35.6% | +24.0% | +30.5% | +23.7% | |
| EPS, diluted | +34.8% | +4.3% | +7.0% | +12.3% | |
| Free cash flow | +42.1% | +5.6% | +29.8% | +15.8% | |
| Dividend per share | 0.0% | 0.0% | 0.0% | +28.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.4% | 8.1% | 10.5% | |
| Return on assets | 0.8% | 0.9% | 1.0% | |
| Capex to revenue | 1.3% | 25.8% | 15.2% | |
| Diluted shares | 13M | 12M | 33M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Shore Bancshares generated $192.14M from operations and spent $81.19M on capital expenditure, dividends and share buybacks. 25% of that went back into the business.
Generated
$192.14M
Used
$81.19M
Capital expenditure$20.21M25%Dividends$60.98M75%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin285.4%
×Asset turnover0.00×
×Equity multiplier11.04×
=Return on equity, FY202510.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 285.4% | 0.00× | 11.04× | 10.5% |
| FY2024 | 209.9% | 0.00× | 11.63× | 8.3% |
| FY2023 | 61.2% | 0.00× | 10.84× | 2.6% |
| FY2022 | 203.2% | 0.00× | 9.70× | 8.7% |
| FY2021 | 139.6% | 0.00× | 9.88× | 5.6% |
| FY2020 | 170.9% | 0.01× | 9.01× | 8.1% |
| FY2019 | 171.2% | 0.01× | 8.09× | 8.6% |
| FY2018 | 281.9% | 0.01× | 8.29× | 14.4% |
| FY2017 | 20.9% | 0.04× | 8.03× | 7.1% |
| FY2016 | 17.6% | 0.05× | 7.62× | 6.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$59.51M
- Cash generatingOperating cash flow above zero$62.39M
- Return on assets improvedROA up on the prior year0.7% → 1.0%
- Earnings backed by cashOperating cash flow above net income$62.39M vs $59.51M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise33M → 33M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.00 → 0.00