shore united bank is a full-service community bank with a rich history dating back to 1876. our bank was formed by the union of two sister banks, formerly cnb and the talbot bank. together, we offer innovative banking services delivered with the personal touch you expect from a community bank. we are built around the character of our people and committed to the success of our clients and our communities. in excess of one billion in assets, shore united bank is a member of the shore bancshares community of companies, the largest independent financial services company on the delmarva peninsula to offer banking, insurance and investment services to families and businesses in the mid-atlantic region. our community of companies also includes: • wye financial & trust • avon-dixon agency • freestate and son • elliott wilson insurance (trucking) • jack martin & associates (boat & yacht insurance) together, our team of experienced professionals is dedicated to helping our clients navigate towar
Company profile
Ticker
SHBI
Exchange
Website
CEO
Lloyd L. Beatty
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
521974638
SHBI stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
17 Apr 24
ARS
2023 FY
Annual report to shareholders
16 Apr 24
DEFA14A
Additional proxy soliciting materials
16 Apr 24
DEF 14A
Definitive proxy
16 Apr 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share
2 Feb 24
8-K
Shore Bancshares, Inc. Reports 2023 Fourth Quarter and Annual Results
31 Jan 24
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
18 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 108.71 mm | 108.71 mm | 108.71 mm | 108.71 mm | 108.71 mm | 108.71 mm |
Cash burn (monthly) | (no burn) | 4.55 mm | 4.91 mm | (no burn) | 8.00 mm | 897.50 k |
Cash used (since last report) | n/a | 31.47 mm | 33.96 mm | n/a | 55.35 mm | 6.21 mm |
Cash remaining | n/a | 77.24 mm | 74.75 mm | n/a | 53.36 mm | 102.50 mm |
Runway (months of cash) | n/a | 17.0 | 15.2 | n/a | 6.7 | 114.2 |
Institutional ownership, Q3 2023
53.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 111 |
Opened positions | 26 |
Closed positions | 9 |
Increased positions | 54 |
Reduced positions | 18 |
13F shares | Current |
---|---|
Total value | 177.11 bn |
Total shares | 17.64 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Fourthstone | 3.31 mm | $34.80 bn |
BLK Blackrock | 2.87 mm | $30.19 bn |
Vanguard | 1.55 mm | $16.31 bn |
Manufacturers Life Insurance Company, The | 1.10 mm | $11.61 bn |
Dimensional Fund Advisors | 994.32 k | $10.46 bn |
Geode Capital Management | 612.86 k | $6.45 bn |
STT State Street | 477.98 k | $5.03 bn |
Banc Funds | 460.84 k | $4.85 mm |
Alliancebernstein | 459.79 k | $4.84 bn |
Renaissance Technologies | 358.62 k | $3.79 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Mar 24 | Jr. Charles E. Ruch, | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,312 | 0.00 | 5,475 |
7 Mar 24 | Andrea E. Colender | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,312 | 0.00 | 5,302 |
7 Mar 24 | Stevens Donna J. | RSU Common Stock | Grant | Acquire A | No | No | 0 | 4,085 | 0.00 | 8,027 |
7 Mar 24 | James M Burke | RSU Common Stock | Grant | Acquire A | No | No | 0 | 14,037 | 0.00 | 37,654 |
7 Mar 24 | Christy Lombardi | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,975 | 0.00 | 29,579 |
6 Mar 24 | James M Burke | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,563 | 0.00 | 61,851 |
6 Mar 24 | James M Burke | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,563 | 0.00 | 23,617 |
6 Mar 24 | Christy Lombardi | Common Stock | Option exercise | Acquire M | No | No | 0 | 338 | 0.00 | 31,368 |
6 Mar 24 | Christy Lombardi | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 338 | 0.00 | 25,604 |