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NASDAQ:SHBI

Shore Bancshares Q1 2024 Earnings Report

Shore Bancshares logo
$15.49 -0.47 (-2.94%)
Closing price 04:00 PM Eastern
Extended Trading
$15.49 0.00 (0.00%)
As of 04:27 PM Eastern
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Shore Bancshares EPS Results

Actual EPS
$0.41
Consensus EPS
$0.33
Beat/Miss
Beat by +$0.08
One Year Ago EPS
N/A

Shore Bancshares Revenue Results

Actual Revenue
$47.78 million
Expected Revenue
$49.88 million
Beat/Miss
Missed by -$2.10 million
YoY Revenue Growth
N/A

Shore Bancshares Announcement Details

Quarter
Q1 2024
Time
N/A
Conference Call Date
Thursday, May 2, 2024
Conference Call Time
7:00AM ET

Upcoming Earnings

Shore Bancshares' Q3 2025 earnings is scheduled for Thursday, October 23, 2025, with a conference call scheduled at 4:30 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Shore Bancshares Earnings Headlines

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About Shore Bancshares

Shore Bancshares (NASDAQ:SHBI), Inc. (NASDAQ: SHBI) is the bank holding company for Shore Community Bank, a commercial bank headquartered in Mount Holly, New Jersey. The company provides a full suite of banking and financial services to individuals and businesses, including deposit accounts, consumer and commercial lending, mortgage financing, and cash management solutions. Through its branch network, Shore Bancshares focuses on delivering community-oriented banking services with an emphasis on personalized customer relationships.

Shore Community Bank’s lending portfolio includes commercial real estate, construction loans, agricultural loans, small business loans under government-sponsored programs, and conventional residential mortgages. On the deposit side, the bank offers checking and savings accounts, money market accounts, and certificates of deposit, supported by online and mobile banking platforms. The company also provides treasury management services designed to help businesses streamline receivables, manage payables, and optimize liquidity.

Serving communities primarily in southern New Jersey, Shore Bancshares has cultivated relationships across Burlington, Camden, Gloucester, and surrounding counties. The bank’s community-focused approach extends to supporting local development projects, charitable organizations, and small business growth initiatives. Through its combination of traditional branch banking and digital delivery channels, Shore Bancshares aims to meet the evolving needs of its regional customer base.

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