Shore Bancshares Inc (NASDAQ:SHBI) Set to Announce Quarterly Earnings on Wednesday
Shore Bancshares Inc (NASDAQ:SHBI) is set to release its earnings data after the market closes on Wednesday, July 19th. Analysts expect Shore Bancshares to post earnings of $0.22 per share for the quarter.
Shore Bancshares (NASDAQ:SHBI) last issued its earnings results on Thursday, April 20th. The bank reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $14.74 million for the quarter. Shore Bancshares had a return on equity of 6.45% and a net margin of 17.17%. On average, analysts expect Shore Bancshares to post $0.95 EPS for the current fiscal year and $1.32 EPS for the next fiscal year.
Shore Bancshares Inc (SHBI) opened at 17.06 on Monday. The stock has a market capitalization of $216.32 million, a P/E ratio of 21.65 and a beta of 0.20. The stock’s 50 day moving average price is $16.40 and its 200-day moving average price is $16.43. Shore Bancshares Inc has a 52 week low of $11.07 and a 52 week high of $17.92.
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About Shore Bancshares
Shore Bancshares, Inc is a financial holding company. The Company acts as the parent company to several financial institution and insurance entities. The Company has two business segments: Community Banking, and Insurance Products and Services. Its Community Banking segment provides services to consumers and small businesses on the Eastern Shore of Maryland and in Delaware.
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