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Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share

$SHBI
Major Banks
Finance
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Recent Analyst Ratings for
$SHBI

DatePrice TargetRatingAnalyst
2/6/2025$20.00Overweight
Piper Sandler
12/4/2024$16.00 → $20.00Mkt Perform → Outperform
Keefe Bruyette
7/30/2024Buy → Neutral
Janney
8/15/2023Neutral → Buy
Janney
12/13/2022$22.00Outperform → Mkt Perform
Keefe Bruyette
12/5/2022$22.00Overweight
Piper Sandler
8/31/2022Neutral
Janney
11/4/2021$15.00 → $22.00Neutral → Overweight
Piper Sandler
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$SHBI
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  • Shore Bancshares, Inc. Reports 2024 Fourth Quarter and Annual Results

    EASTON, Md., Jan. 30, 2025 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A. (the "Bank") reported net income for the fourth quarter of 2024 of $13.3 million, or $0.40 per diluted common share, compared to net income of $11.2 million, or $0.34 per diluted common share, for the third quarter of 2024, and net income of $10.5 million, or $0.31 per diluted common share, for the fourth quarter of 2023. Net income for the fiscal year of 2024 was $43.9 million, or $1.32 per diluted common share, compared to net income for the fiscal year of 2023 of $11.2 million, or $0.42 per diluted common share.

    $SHBI
    Major Banks
    Finance

  • Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share

    EASTON, Md., Oct. 30, 2024 /PRNewswire/ --Shore Bancshares, Inc. (NASDAQ:SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 29, 2024 to stockholders of record on November 12, 2024. Shore Bancshares Information Shore Bancshares is a financial holding company headquartered in Easton, Maryland and is the largest independent bank holding company located on Maryland's Eastern Shore. It is the parent company of Shore United Bank. Shore Bancshares engages in trust and wealth management services

    $SHBI
    Major Banks
    Finance

  • Shore Bancshares, Inc. Reports Three and Nine Months Financial Results

    EASTON, Md., Oct. 24, 2024 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A. (the "Bank" or "SUB") reported net income for the third quarter of 2024 of $11.2 million or $0.34 per diluted common share which was equal to the second quarter of 2024. The Company's had a net loss of $9.7 million or $(0.29) per diluted common share for the third quarter of 2023 as a result of the merger of equals on July 1, 2023 between the Company and The Community Financial Corporation. Net income for the first nine months of 2024 was $30.6 million or $0.92 per diluted common share, compared to the first nine months of 20

    $SHBI
    Major Banks
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$SHBI
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$SHBI
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  • Shore Bancshares, Inc. Announces New Board Member

    EASTON, Md., Aug. 2, 2022 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ:SHBI) today announced the appointment of Esther A. Streete as a director of both the Company and Shore United Bank, N.A., the Company's wholly-owned bank subsidiary (the "Bank"), effective August 1, 2022. Ms. Streete is an independent director pursuant to applicable NASDAQ rules and has no material relationship with the Company or the Bank. This director appointment brings the total number of directors to 15 for both the Company and the Bank.  "We are very pleased to add Esther to our Boar

    $SHBI
    Major Banks
    Finance

  • Shore Bancshares Announces Resignation of Board of Director David J. Bates

    EASTON, Md., Aug. 12, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ:SHBI) announced today that David J. Bates, one of its distinguished board members resigned on August 9, 2021, made effective as of August 31, 2021. Lloyd L. "Scott" Beatty, Jr., President and Chief Executive Officer stated, "We are saddened by the recent announcement of Mr. Bates retirement from the board due to personal health reasons.  He has been a long-standing member of our board and has been a well-known business leader in the Mid-Atlantic region."  Frank E. Mason, III, Chairman of

    $SHBI
    Major Banks
    Finance

  • Shore Bancshares, Inc. Announce New Board Member

    EASTON, Md., Dec. 22, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ: SHBI) today announced the appointment of Dawn M. Willey as a director of both the Company and Shore United Bank, the Company's wholly-owned bank subsidiary, effective January 1, 2021. Mrs. Willey is an independent director pursuant to applicable NASDAQ rules and has no material relationship with the Company. This director appointment brings the total number of directors to 11 for both the Company and Shore United Bank. "We are very pleased to add Dawn to our Board of Directors," said Lloyd L. "Scott" Beatty, Jr., President and Chief Executive Officer. "She brings significant financial services exper

    $SHBI
    Major Banks
    Finance

$SHBI
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  • Shore Bancshares, Inc. Reports 2024 Fourth Quarter and Annual Results

    EASTON, Md., Jan. 30, 2025 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A. (the "Bank") reported net income for the fourth quarter of 2024 of $13.3 million, or $0.40 per diluted common share, compared to net income of $11.2 million, or $0.34 per diluted common share, for the third quarter of 2024, and net income of $10.5 million, or $0.31 per diluted common share, for the fourth quarter of 2023. Net income for the fiscal year of 2024 was $43.9 million, or $1.32 per diluted common share, compared to net income for the fiscal year of 2023 of $11.2 million, or $0.42 per diluted common share.

    $SHBI
    Major Banks
    Finance

  • Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share

    EASTON, Md., Oct. 30, 2024 /PRNewswire/ --Shore Bancshares, Inc. (NASDAQ:SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 29, 2024 to stockholders of record on November 12, 2024. Shore Bancshares Information Shore Bancshares is a financial holding company headquartered in Easton, Maryland and is the largest independent bank holding company located on Maryland's Eastern Shore. It is the parent company of Shore United Bank. Shore Bancshares engages in trust and wealth management services

    $SHBI
    Major Banks
    Finance

  • Shore Bancshares, Inc. Reports Three and Nine Months Financial Results

    EASTON, Md., Oct. 24, 2024 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A. (the "Bank" or "SUB") reported net income for the third quarter of 2024 of $11.2 million or $0.34 per diluted common share which was equal to the second quarter of 2024. The Company's had a net loss of $9.7 million or $(0.29) per diluted common share for the third quarter of 2023 as a result of the merger of equals on July 1, 2023 between the Company and The Community Financial Corporation. Net income for the first nine months of 2024 was $30.6 million or $0.92 per diluted common share, compared to the first nine months of 20

    $SHBI
    Major Banks
    Finance

$SHBI
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