SHORE BANCSHARES INC (SHBI)

Shore Bancshares, Inc. is a financial holding company, which engages in the provision of commercial banking products and services to individuals and businesses. Its services include checking accounts, various savings programs, mortgage loans, home improvement loans, installment and other personal loans, credit cards, personal lines of credit, automobile and other consumer financing, safe deposit boxes, debit cards, 24-hour telephone banking, internet banking, mobile banking, and 24-hour automatic teller machine services. It also offers commercial checking, savings, certificates of deposit, and overnight investment sweep accounts. The company was founded on March 15, 1996 and is headquartered in Easton, MD.

Address

18 EAST DOVER STREET
EASTON, MD 21601-3013

Founded

1996

Number of Employees

630

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - - $558 $3,046 - - - - $1,802
Average Price - - - - - $15.21 $10.56 - - - - $11.08
# Shares Purchased - - - - - 36,700 288,400 - - - - 162,550
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - -14.5% 23.1% - - - - 17.3%
S&P 500 Return to Date - - - - - 93.1% 74.8% - - - - 84.0%
Excess Total Return - - - - - -107.6% -51.7% - - - - -66.7%
Quartile Rank
Percentile Rank - - - - - 27% 42% - - - - 53%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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