Shore Bancshares Inc (SHBI) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 13, 2020
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Shore Bancshares Inc (SHBI, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. 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 $140.260 million; its shares were traded at around $11.22 with a P/E ratio of 8.83 and P/S ratio of 2.44. The dividend yield of Shore Bancshares Inc stocks is 3.92%. GuruFocus has detected 2 severe warning signs with Shore Bancshares Inc. .

For the last quarter Shore Bancshares Inc reported a revenue of $15.5 million, compared with the revenue of $14.32 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $60.2 million, an increase of 1.7% from last year. For the complete 30-year financial data, please go here.. For the last five years Shore Bancshares Inc had an average revenue growth rate of 4.3% a year.

The reported diluted earnings per share was $1.27 for the year, a decline of 35.2% from the previous year. Over the last five years Shore Bancshares Inc had an EPS growth rate of 29.3% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Shore Bancshares Inc has the cash and cash equivalents of $95.0 million, compared with $67.2 million in the previous year. The long term debt was $19.8 million, compared with $15.0 million in the previous year. Shore Bancshares Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $11.22, Shore Bancshares Inc is traded at 28.5% premium to its historical median P/S valuation band of $8.73. The P/S ratio of the stock is 2.44, while the historical median P/S ratio is 2.24. The stock lost 32.07% during the past 12 months.

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