Shore Bancshares (SHBI) Set to Announce Quarterly Earnings on Tuesday

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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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.

Earnings History for Shore Bancshares (NASDAQ:SHBI)

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