Shore Bancshares (SHBI) Set to Post Quarterly Earnings on Thursday

Shore Bancshares (NASDAQ:SHBI) is expected to be announcing its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.5350 per share and revenue of $61.31 million for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 4:00 PM ET.

Shore Bancshares (NASDAQ:SHBI) last issued its earnings results on Thursday, July 23rd. The bank reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.10. Shore Bancshares had a net margin of 19.15% and a return on equity of 12.11%. The company had revenue of $61.75 million for the quarter, compared to analysts’ expectations of $60.42 million. On average, analysts expect Shore Bancshares to post $2.25 EPS for the current fiscal year and $2.27 EPS for the next fiscal year.

Shore Bancshares Stock Up 2.2%

Shares of Shore Bancshares stock opened at $22.93 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.95 and a quick ratio of 0.94. The stock has a market cap of $765.17 million, a price-to-earnings ratio of 10.38 and a beta of 0.82. The firm’s 50-day moving average is $23.05 and its two-hundred day moving average is $21.98. Shore Bancshares has a 1 year low of $14.93 and a 1 year high of $24.89.

Shore Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd were issued a $0.14 dividend. The ex-dividend date was Wednesday, September 2nd. This represents a $0.56 annualized dividend and a dividend yield of 2.4%. Shore Bancshares’s payout ratio is currently 28.28%.

Wall Street Analysts Forecast Growth

SHBI has been the topic of a number of recent research reports. Keefe, Bruyette & Woods increased their price objective on shares of Shore Bancshares from $22.00 to $25.00 and gave the company a “market perform” rating in a research note on Tuesday, July 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Shore Bancshares in a report on Thursday, October 15th. DA Davidson initiated coverage on shares of Shore Bancshares in a research note on Monday, September 28th. They issued a “neutral” rating and a $25.00 price objective for the company. Zacks Research downgraded shares of Shore Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Finally, Hovde Group upped their target price on Shore Bancshares from $23.50 to $26.50 and gave the stock an “outperform” rating in a report on Monday, July 27th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $25.75.

Shore Bancshares Company Profile

Shore Bancshares, Inc was a financial holding company headquartered in Easton, Maryland. Through its principal banking subsidiary, Shore United Bank, the company provided banking and financial services to individuals, families, businesses and public-sector organizations.

Shore United Bank offered deposit accounts, residential and commercial real estate lending, business loans, consumer financing, treasury management and online banking services. The company also provided wealth management, investment and insurance-related services through affiliated businesses and served customers across Maryland’s Eastern Shore, portions of Delaware and other areas of the Mid-Atlantic region.

Shore Bancshares expanded its presence through the 2023 acquisition of Severn Bancorp, Inc and its subsidiary, Severn Savings Bank.