Shore Bancshares Inc (SHBI) Files 10-K for the Fiscal Year Ended on December 31, 2018

Shore Bancshares Inc (SHBI, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Shore Bancshares Inc is a financial holding company. It offers personalized banking, insurance and investment services to families and businesses in the Mid-Atlantic region. Shore Bancshares Inc has a market cap of $196.340 million; its shares were traded at around $15.40 with a P/E ratio of 7.85 and P/S ratio of 2.88. The dividend yield of Shore Bancshares Inc stocks is 2.27%.

For the last quarter Shore Bancshares Inc reported a revenue of $16.9 million, compared with the revenue of $16.18 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $69.0 million, an increase of 9.9% from last year. For the last five years Shore Bancshares Inc had an average revenue growth rate of 7.2% a year.

The reported diluted earnings per share was $1.96 for the year, an increase of 120.2% from previous year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Shore Bancshares Inc has the cash and cash equivalents of $67.2 million, compared with $31.8 million in the previous year. The long term debt was $15.0 million. Shore Bancshares Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $15.40, Shore Bancshares Inc is traded at 29.5% premium to its historical median P/S valuation band of $11.89. The P/S ratio of the stock is 2.88, while the historical median P/S ratio is 2.22. The stock lost 14.77% during the past 12 months.

For the complete 20-year historical financial data of SHBI, click here.