SHBI Stock Recent News

EASTON, Md. , Oct. 30, 2024 /PRNewswire/ --Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 29, 2024 to stockholders of record on November 12, 2024.

EASTON, Md. , Aug. 1, 2024 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable August 30, 2024 to stockholders of record on August 12, 2024.

Shore Bancshares (SHBI) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.35 per share a year ago.

Shore Bancshares (SHBI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

While the top- and bottom-line numbers for Shore Bancshares (SHBI) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Shore Bancshares (SHBI) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.39 per share a year ago.

Shore Bancshares (SHBI) completes the merger with Community Financial. The merger is expected to result in more than 40% accretion to its earnings per share in 2024.

Shore Bancshares (SHBI) receives shareholder approval for its previously announced merger deal with Community Financial.

Shore (SHBI) and Community Financial (TCFC) receive regulatory approvals for their previously announced all-stock merger deal.

Shore Bancshares (SHBI) delivered earnings and revenue surprises of -6.12% and 1.87%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?