Shore Bancshares (NASDAQ:SHBI) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, January 23rd. Analysts expect the company to announce earnings of $0.26 per share for the quarter.
Shore Bancshares (NASDAQ:SHBI) last issued its earnings results on Thursday, October 19th. The bank reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The company had revenue of $16.75 million during the quarter. Shore Bancshares had a net margin of 17.61% and a return on equity of 7.20%.
Shares of Shore Bancshares (NASDAQ:SHBI) opened at $18.61 on Tuesday. The stock has a market cap of $236.13, a price-to-earnings ratio of 21.15 and a beta of 0.14. Shore Bancshares has a 52 week low of $15.17 and a 52 week high of $19.10.
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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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