Security
Shore Bancshares Inc Common Stock · SHBI
SHBINASDAQCommon stockCurrentCIK 1035092Updated Nov 3, 2026
SHBI price & chart
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NASDAQ:SHBI on TradingView ↗In the news
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.14 Per Share ↗
Recent filings
10-Q filing
Regulation FD Disclosure
Items 7.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.03, 9.01
Show 5 more recent filings
10-Q filing
4 filing
Regulation FD Disclosure
Items 7.01, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 6,278,479,000Source | 5,917,704,000Source | 6,151,431,000Source | 6,037,874,000Source | 5,864,017,000Source | 6,206,063,000Source | 6,176,563,000Source | 5,825,704,000Source | 6,258,818,000Source | 6,230,763,000Source | 6,010,918,000Source | 3,477,276,000Source |
| Property, Plant and Equipment, NetUSD | 80,812,000Source | 81,663,000Source | 79,580,000Source | 81,426,000Source | 82,176,000Source | 80,137,000Source | 81,692,000Source | 83,084,000Source | 80,168,000Source | 81,806,000Source | 82,386,000Source | 51,488,000Source |
| GoodwillUSD | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 416,513,000Source | 183,621,000Source | 257,670,000Source | 184,984,000Source | 138,883,000Source | 340,822,000Source | 389,006,000Source | 114,560,000Source | 355,566,000Source | 459,851,000Source | 372,413,000Source | 55,499,000Source |
| Operating Lease, Right-of-Use AssetUSD | 10,896,000Source | 11,384,000Source | 9,691,000Source | 11,052,000Source | 11,762,000Source | 10,102,000Source | 11,709,000Source | 12,153,000Source | 10,523,000Source | 11,385,000Source | 12,487,000Source | 9,629,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 5,701,272,000Source | 5,384,433,000Source | 5,535,356,000Source | 5,472,680,000Source | 5,341,234,000Source | 5,603,349,000Source | 5,624,093,000Source | 5,310,476,000Source | 5,668,945,000Source | 5,689,697,000Source | 5,499,783,000Source | 3,112,991,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 334,000Source | 333,000Source | 334,000Source | 334,000Source | 333,000Source | 335,000Source | 333,000Source | 332,000Source | 334,000Source | 333,000Source | 332,000Source | 199,000Source |
| Retained Earnings (Accumulated Deficit)USD | 221,693,000Source | 180,884,000Source | 260,782,000Source | 211,400,000Source | 173,716,000Source | 246,636,000Source | 199,898,000Source | 166,490,000Source | 233,578,000Source | 190,166,000Source | 162,290,000Source | 171,613,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -4,759,000Source | -5,526,000Source | -6,089,000Source | -5,603,000Source | -8,260,000Source | -5,270,000Source | -6,333,000Source | -8,058,000Source | -4,593,000Source | -7,545,000Source | -7,494,000Source | -9,021,000Source |
| Stockholders' Equity Attributable to ParentUSD | 577,207,000Source | 533,271,000Source | 616,075,000Source | 565,194,000Source | 522,783,000Source | 602,714,000Source | 552,470,000Source | 515,228,000Source | 589,873,000Source | 541,066,000Source | 511,135,000Source | 364,285,000Source |
| Additional Paid in Capital, Common StockUSD | 359,939,000Source | 357,580,000Source | 361,048,000Source | 359,063,000Source | 356,994,000Source | 361,013,000Source | 358,572,000Source | 356,464,000Source | 360,554,000Source | 358,112,000Source | 356,007,000Source | 201,494,000Source |
| Liabilities and EquityUSD | 6,278,479,000Source | 5,917,704,000Source | 6,151,431,000Source | 6,037,874,000Source | 5,864,017,000Source | 6,206,063,000Source | 6,176,563,000Source | 5,825,704,000Source | 6,258,818,000Source | 6,230,763,000Source | 6,010,918,000Source | 3,477,276,000Source |
| Additional Financial Items | ||||||||||||
| Long-term DebtUSD | 74,494,000Source | 123,456,000Source | 89,152,000Source | 74,241,000Source | 122,820,000Source | 89,029,000Source | 73,979,000Source | 72,559,000Source | 89,061,000Source | 73,717,000Source | 72,297,000Source | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | — | — | — | 31,177,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 913,000Source | 511,000Source | 1,890,000Source | 1,730,000Source | 1,174,000Source | 636,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 922,000Source | 8,870,000Source | 2,721,000Source | -1,182,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 31,573,000Source | 19,783,000Source | 62,391,000Source | 46,887,000Source | 22,713,000Source | 52,647,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 30,410,000Source | -18,271,000Source | -118,322,000Source | -134,541,000Source | 172,313,000Source | -581,572,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 1,087,000Source | 1,024,000Source | 3,168,000Source | 5,224,000Source | 5,954,000Source | 2,415,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -76,727,000Source | -72,357,000Source | -48,354,000Source | 175,092,000Source | 121,888,000Source | 811,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 4,030,000Source | 4,032,000Source | 16,094,000Source | 16,013,000Source | 12,733,000Source | 9,530,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 10,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -14,744,000Source | -70,845,000Source | -104,285,000Source | 87,438,000Source | 316,914,000Source | -528,114,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 416,513,000Source | 183,621,000Source | 257,670,000Source | 184,984,000Source | 340,822,000Source | 389,006,000Source | 355,566,000Source | 459,851,000Source | 372,413,000Source | — |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 24,754,000Source | 29,477,000Source | 114,858,000Source | 123,567,000Source | 74,038,000Source | 12,621,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 15,070,000Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | — | 1,890,000Source | 1,730,000Source | 1,174,000Source | 636,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | 72,000Source | 30,000Source | 120,000Source | 122,000Source | 122,000Source | 122,000Source |
| Amortization of Intangible AssetsUSD | — | — | 2,039,000Source | 2,336,000Source | 1,975,000Source | 2,272,000Source | 1,980,000Source | 2,278,000Source | 8,589,000Source | 9,779,000Source | 6,105,000Source | 1,988,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | — | — | — | — | 33,000Source | 529,000Source | 3,910,000Source | 2,657,000Source | 1,997,000Source | 1,118,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | — | — | 0Source | — | — | — | — | — | 0Source | — | — |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | — | — | — | — | — | — | 0Source | 0Source | -2,166,000Source | — |
| DepreciationUSD | — | — | — | — | — | — | — | — | 4,400,000Source | 4,400,000Source | 3,300,000Source | 2,400,000Source |
| Equipment ExpenseUSD | — | — | 892,000Source | 876,000Source | 966,000Source | 797,000Source | 855,000Source | 853,000Source | 3,334,000Source | 3,441,000Source | 2,551,000Source | 2,018,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | 104,000Source | 79,000Source | -26,000Source | 19,000Source | 8,000Source | 131,000Source | 372,000Source | — | — | — |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 2,896,000Source | 1,479,000Source | 379,000Source | 1,090,000Source | 492,000Source | 686,000Source | 7,573,000Source | 4,631,000Source | 30,423,000Source | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | -2,166,000Source | — |
| Gain (Loss) on Sale of Mortgage LoansUSD | — | — | — | — | — | — | 1,549,000Source | 966,000Source | 5,671,000Source | 5,021,000Source | 3,477,000Source | 3,918,000Source |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | — | — | — | — | 0Source | -27,000Source | -358,000Source | -10,000Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | 0Source | -61,000Source | -61,000Source | 737,000Source | 0Source | -183,000Source |
| GoodwillUSD | — | — | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source | 63,266,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | — | — | 4,637,000Source | 3,777,000Source | 6,320,000Source | 5,124,000Source | 5,570,000Source | 4,493,000Source | 19,149,000Source | 14,815,000Source | 2,956,000Source | 10,964,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 14,348,000Source | 11,189,000Source | 18,865,000Source | 15,507,000Source | 17,088,000Source | 13,764,000Source | 59,506,000Source | 43,889,000Source | 11,228,000Source | 31,177,000Source |
| Operating Lease, Lease IncomeUSD | — | — | 225,000Source | 266,000Source | 275,000Source | 280,000Source | 306,000Source | 335,000Source | 1,100,000Source | 1,100,000Source | 1,200,000Source | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 90,000Source | 0Source | 82,000Source | — | — | — |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | — | — | 0Source | 50,000,000Source | — | — |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 5,518,000Source | 3,701,000Source | 27,070,000Source | 70,892,000Source | 17,754,000Source | 20,441,000Source |
| Provision for Loan, Lease, and Other LossesUSD | — | — | — | — | — | — | — | — | — | — | — | 1,925,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 2,992,000Source | 1,470,000Source | 896,000Source | 1,528,000Source | 85,000Source | 1,028,000Source | 8,375,000Source | 4,738,000Source | 30,953,000Source | 1,925,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | — | — | — | — | — | — | — | — | 15,340,000Source |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | —Source | —Source | — | — | — | — |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Payments of Dividends | — | — | — | — | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 5,132,000Source | 4,740,000Source | 6,000,000Source | 5,796,000Source | 5,389,000Source | 4,771,000Source | 20,853,000Source | 20,910,000Source | 18,335,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 18,985,000Source | 14,966,000Source | 25,185,000Source | 20,631,000Source | 22,658,000Source | 18,257,000Source | 78,655,000Source | 58,704,000Source | 14,184,000Source | 42,141,000Source |
| Income Tax Expense (Benefit)USD | — | — | 4,637,000Source | 3,777,000Source | 6,320,000Source | 5,124,000Source | 5,570,000Source | 4,493,000Source | 19,149,000Source | 14,815,000Source | 2,956,000Source | 10,964,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 14,348,000Source | 11,189,000Source | 18,865,000Source | 15,507,000Source | 17,088,000Source | 13,764,000Source | 59,506,000Source | 43,889,000Source | 11,228,000Source | 31,177,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.43Source | 0.34Source | 0.56Source | 0.46Source | 0.51Source | 0.41Source | 1.78Source | 1.32Source | 0.42Source | 1.57Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.43Source | 0.34Source | 0.56Source | 0.46Source | 0.51Source | 0.41Source | 1.78Source | 1.32Source | 0.42Source | 1.57Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 33,419,291Source | 33,317,739Source | 33,451,484Source | 33,374,265Source | 33,428,444Source | 33,350,869Source | 33,392,817Source | 33,267,000Source | 26,572,000Source | 19,847,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 33,435,862Source | 33,339,005Source | 33,478,698Source | 33,388,013Source | 33,447,767Source | 33,375,318Source | 33,407,155Source | 33,285,000Source | 26,574,000Source | — |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 2,039,000Source | 2,336,000Source | 1,975,000Source | 2,272,000Source | 1,980,000Source | 2,278,000Source | 8,589,000Source | 9,779,000Source | 6,105,000Source | 1,988,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | — | — | — | — | 33,000Source | 529,000Source | 3,910,000Source | 2,657,000Source | 1,997,000Source | 1,118,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | — | 0Source | — | — | — | — | 0Source | 0Source | 17,356,000Source | 2,098,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 18,227,000Source | 5,945,000Source | 235,000Source | 12,146,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | — | — | 0Source | — | — | — | — | — | 0Source | — | — |
| Equipment ExpenseUSD | — | — | 892,000Source | 876,000Source | 966,000Source | 797,000Source | 855,000Source | 853,000Source | 3,334,000Source | 3,441,000Source | 2,551,000Source | 2,018,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 2,896,000Source | 1,479,000Source | 379,000Source | 1,090,000Source | 492,000Source | 686,000Source | 7,573,000Source | 4,631,000Source | 30,423,000Source | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | -2,166,000Source | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 78,772,000Source | 12,543,000Source |
| InterestExpenseOperatingUSD | — | — | 28,532,000Source | 31,426,000Source | 24,530,000Source | 29,369,000Source | 25,837,000Source | 30,034,000Source | 117,651,000Source | 124,789,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 48,655,000Source | 43,263,000Source | 52,919,000Source | 47,163,000Source | 52,555,000Source | 45,898,000Source | 192,377,000Source | 170,549,000Source | 135,307,000Source | 101,302,000Source |
| Marketing and Advertising ExpenseUSD | — | — | — | — | 275,000Source | 384,000Source | 311,000Source | 254,000Source | 1,320,000Source | — | — | 898,000Source |
| Operating Lease, Lease IncomeUSD | — | — | 225,000Source | 266,000Source | 275,000Source | 280,000Source | 306,000Source | 335,000Source | 1,100,000Source | 1,100,000Source | 1,200,000Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | — | — | — | — | — | — | — | — | 15,340,000Source |
Offerings
Registration 333-292291
Filing attachments
tm2533598d2_ex99-1.htm · S-4 · 2025-12-19
EX-99.1 7 tm2533598d2_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 LETTER OF TRANSMITTAL to Tender for Exchange Any and All Unregistered Outstanding 6.25% Fixed-to-Floating Rate Subordinated Notes due 2035 in Exchange for Registered 6.25% Fixed-to-Floating Rate Subordinated Notes due 2035 of SHORE BANCSHARES, INC. Pursuant to the Prospectus Dated [ ], 2026 The Exchange Offer will expire at 11:59 p.m., New York City time, on [ ], 2026, unless extended (the “Expiration Date”). Old Notes (def…
Read attachment ↗tm2530658d1_ex4-1.htm · 8-K · 2025-11-13
EX-4.1 2 tm2530658d1_ex4-1.htm EXHIBIT 4.1 EXHIBIT 4.1 SHORE BANCSHARES, INC. As Issuer, and UMB BANK, N.A. As Trustee INDENTURE Dated as of November 13, 2025 6.25% Fixed-to-Floating Rate Subordinated Notes due 2035 TABLE OF CONTENTS ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 1 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────…
Read attachment ↗tm2530658d1_ex99-1.htm · 8-K · 2025-11-13
EX-99.1 5 tm2530658d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Shore Bancshares, Inc. Announces Completion of $60 Million Subordinated Notes Offering Easton, Maryland (November 13, 2025) - Shore Bancshares, Inc. (the “Company”) (NASDAQ-SHBI), the holding company for Shore United Bank, N.A. (the “Bank”), today announced the completion of its private placement of $60 million of its 6.25% Fixed to Floating Rate Subordinated Notes due 2035 (the “Notes”) to certain qualified institutional buyers a…
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