Shore Bancshares Inc (SHBI) Files 10-K for the Fiscal Year Ended on December 31, 2017

Shore Bancshares Inc (SHBI, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. 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 $235.493 million; its shares were traded at around $18.56 with a P/E ratio of 20.85 and P/S ratio of 3.90. The dividend yield of Shore Bancshares Inc stocks is 1.29%.

For the last quarter Shore Bancshares Inc reported a revenue of $16.7 million, compared with the revenue of $14.02 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $63.3 million, an increase of 15.3% from last year. For the last five years Shore Bancshares Inc had an average revenue growth rate of 3.5% a year.

The reported diluted earnings per share was 89 cents for the year, an increase of 17.1% from previous year. The Shore Bancshares Inc enjoyed an operating margin of 31.27%, compared with the operating margin of 28.96% a year before. The 10-year historical median operating margin of Shore Bancshares Inc is 17.57%. 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 $31.8 million, compared with $75.9 million in the previous year. The company had no long term debt. The interest coverage to the debt is 8.7. Shore Bancshares Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $18.56, Shore Bancshares Inc is traded at 78.3% premium to its historical median P/S valuation band of $10.41. The P/S ratio of the stock is 3.90, while the historical median P/S ratio is 2.19. The stock gained 13.12% during the past 12 months.

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