SHORE BANCSHARES INC
Close on Oct 19, 2026
- Market cap
- $750.93M
- P/E (TTM)
- 11.4
- Dividend yield
- 2.14%
About Shore Bancshares
National Commercial Banks, SIC 6021
Shore Bancshares, Inc. operates as a financial holding company, delivering banking and wealth management services primarily through its subsidiary, Shore United Bank, N.A. The organization offers commercial and retail banking products, including checking accounts, certificates of deposit, cash management, and digital banking platforms. Its lending operations provide commercial real estate, residential mortgage, construction, and personal loans. Through dedicated divisions, the institution provides financial planning, trust administration, investment advisory, and corporate trustee services. It serves retail individuals, business enterprises, licensed cannabis operators, and regional public municipalities.
The enterprise operates 40 full-service branch locations alongside 10 loan production and administration offices across Maryland, Delaware, and Virginia. It also distributes financial advisory offerings across numerous additional states through a third-party broker-dealer. Shore Bancshares is headquartered on the Eastern Shore of Maryland.
Summary of the business section of Shore Bancshares's latest annual report, written by StockData.
Company profile
Company
- Legal name
- SHORE BANCSHARES INC
- Founded
- 1876
- Headquarters
- Easton, MD
- Address
- 18 East Dover Street 21601-3013
- Phone
- (410) 822-1400
- Employees
- 608, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Livingston, New Jersey
Stock & identifiers
- Ticker
- SHBI
- Exchange
- Nasdaq
- IPO date
- Apr 9, 2001
- Shares outstanding
- 33M, Jul 30, 2026
- Public float
- $480.10M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 3-for-2, Jun 6, 2006
- SEC CIK
- 1035092
- CUSIP
- 825107105
- ISIN
- US8251071051
- EIN
- 52-1974638
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| James M. Burke | President & CEO, Director | 98,189 |
| Charles S. Cullum | EVP, Chief Financial Officer | 3,796 |
| Noah Edward Stayton | EVP, Chief Information Officer | 2,441 |
| Brian Scot Ebron | EVP, Chief Banking Officer | 63,355 |
| Christy Lombardi | EVP, Chief Human Resources Ofc | 65,409 |
| Talal Tay | EVP, Chief Risk Officer | 17,687 |
| Ruch, Jr. Charles E. | EVP, Chief Credit Officer | 10,304 |
| Donna J. Stevens | EVP, Chief Operating Officer | 24,050 |
| Virginia Marie Anderson | EVP Chief Internal Audit Off. | 1,690 |
| Lacey Amanda Pierce | Chief Strategy&ProjectOfficer | 73,060 |
| John William Augustus III | EVP, Deputy Chief Credit Off | 1,263 |
| Aaron Michael Kaslow | EVP, Chief Legal Officer | 6,500 |
| Todd L. Capitani | EVP, Special Advisor to CEO | 48,935 |
| Andrea E. Colender | EVP, Chief Legal Officer | 30,264 |
| John Lamon | Director | 65,122 |
| David S. Jones | Director | 71,987 |
| R. Michael Clemmer | Director | 32,816 |
| Edward Lawrence Sanders III | Director | 95,776 |
| Louis P. Jenkins Jr | Director | 64,510 |
| Alan J. Hyatt | Director | 1,772,168 |
| Rebecca Middleton McDonald | Director | 101,044 |
| Konrad Wayson | Director | 86,969 |
| Michael Brian Adams | Director | 58,526 |
| A. Joseph Slater Jr | Director | 66,634 |
| William E. Esham III | Director | 12,881 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 James M. Burke | $1.77M | $1.88M | $799.83K | $97 | $98 |
| FY2025 James M.Burke | $1.77M | $1.88M | $799.83K | $97 | $98 |
| FY2024 James M.Burke | $1.17M | $1.94M | $703.74K | $84 | $95 |
| FY2024 SBHIBurke | $1.17M | $1.94M | $703.74K | $84 | $95 |
| FY2023 James M.Burke | $799.02K | $823.19K | $693.09K | $73 | $87 |
| FY2023 Lloyd L.Beatty | $3.14M | $3.14M | $693.09K | $73 | $87 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, the Bank employed 608 individuals, of whom 595 were employed on a full-time basis (602 full-time equivalent employees).”
Corporate history
Events identified from SEC filings