Shore Bancshares, Inc. (SHBI)

NASDAQFinancialsBanks - RegionalSnapshot 2026-10-23

$22.94-1.88%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 25, 2026

What could strengthen or challenge Shore Bancshares, Inc.’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	62.86M
EPS	—	0.559
Annual ending 2026-12-31
Revenue	—	245.91M
EPS	—	2.161
Annual ending 2027-12-31
Revenue	—	257M
EPS	—	2.27

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
EPS at least $0.51 in fiscal year 2026	The bank expects EPS of at least $0.51 next year.	Intact	EPS guidance falls below $0.51 for FY26	Diluted EPS: $0.56 per share FY2026-Q2; GAAP. Published target: >= $0.51 EPS in FY26. Target period is not explicitly aligned with this observation. Source published Aug 3, 20260.56 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 4eb885df-041a-4b6d-b81e-984ba4a46fc9. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Net income grows to at least $17.09M by 2026-Q1	Shore Bancshares grew net income from $13.76M to $17.09M in one year.	Intact	net income falls below $13.76M in any quarter after 2026-Q1	Net income: $18.865M FY2026-Q2; GAAP. Published target: >= $17.09M net income by 2026-Q1. The stored target says 2026-Q1; this source reports FY2026-Q2. Fiscal/calendar alignment needs review. Source published Aug 3, 202618,865,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 4eb885df-041a-4b6d-b81e-984ba4a46fc9. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Operating income grows to at least $22.66M by 2026-Q1	Operating income rose from $18.26M to $22.66M in the same period.	Intact	operating income falls below $18.26M in any quarter after 2026-Q1	Operating income: $25.185M FY2026-Q2; GAAP. Published target: >= $22.66M operating income by 2026-Q1. The stored target says 2026-Q1; this source reports FY2026-Q2. Fiscal/calendar alignment needs review. Source published Aug 3, 202625,185,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: stock_quarterly_financials_fmp. Reference: 2026-Q2. Source status: unverified. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS: comparable history unavailable.

FY2027 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	Unavailable	Unavailable	4 / 1
2026-07-25	Unavailable	Unavailable	4 / 1
2026-07-26	Unavailable	Unavailable	4 / 1
2026-07-27	Unavailable	Unavailable	3 / 1
2026-07-28	Unavailable	Unavailable	3 / 1
2026-07-29	Unavailable	Unavailable	4 / 2
2026-07-30	Unavailable	Unavailable	4 / 2
2026-07-31	Unavailable	Unavailable	4 / 2
2026-08-01	Unavailable	Unavailable	2 / 1
2026-08-02	Unavailable	Unavailable	4 / 2
2026-08-03	Unavailable	Unavailable	3 / 2
2026-08-04	Unavailable	Unavailable	3 / 2
2026-08-05	Unavailable	Unavailable	3 / 2
2026-08-06	Unavailable	Unavailable	4 / 2
2026-08-08	Unavailable	Unavailable	4 / 2
2026-08-09	Unavailable	Unavailable	4 / 2
2026-08-10	Unavailable	Unavailable	3 / 2
2026-08-12	Unavailable	Unavailable	3 / 2
2026-08-13	Unavailable	Unavailable	3 / 2
2026-08-14	Unavailable	Unavailable	3 / 2
2026-08-15	Unavailable	Unavailable	3 / 2
2026-08-16	Unavailable	Unavailable	3 / 2
2026-08-17	Unavailable	Unavailable	3 / 2
2026-08-18	Unavailable	Unavailable	3 / 2
2026-08-19	Unavailable	Unavailable	3 / 2
2026-08-20	Unavailable	Unavailable	3 / 2
2026-08-21	Unavailable	Unavailable	3 / 2
2026-08-22	Unavailable	Unavailable	3 / 2
2026-08-23	Unavailable	Unavailable	3 / 2
2026-08-24	Unavailable	Unavailable	3 / 2
2026-08-25	Unavailable	Unavailable	3 / 2
2026-08-26	Unavailable	Unavailable	3 / 2
2026-08-27	Unavailable	Unavailable	3 / 2
2026-08-28	Unavailable	Unavailable	3 / 2
2026-08-29	Unavailable	Unavailable	3 / 2
2026-08-30	Unavailable	Unavailable	3 / 2
2026-08-31	Unavailable	Unavailable	3 / 2
2026-09-01	Unavailable	Unavailable	3 / 2
2026-09-02	Unavailable	Unavailable	3 / 2
2026-09-03	Unavailable	Unavailable	3 / 2
2026-09-04	Unavailable	Unavailable	3 / 2
2026-09-05	Unavailable	Unavailable	3 / 2
2026-09-06	Unavailable	Unavailable	3 / 2
2026-09-07	Unavailable	Unavailable	3 / 2
2026-09-08	Unavailable	Unavailable	3 / 2
2026-09-09	Unavailable	Unavailable	3 / 2
2026-09-10	Unavailable	Unavailable	3 / 2
2026-09-11	Unavailable	Unavailable	3 / 2
2026-09-12	Unavailable	Unavailable	3 / 2
2026-09-13	Unavailable	Unavailable	3 / 2
2026-09-14	Unavailable	Unavailable	3 / 2
2026-09-15	Unavailable	Unavailable	3 / 2
2026-09-16	Unavailable	Unavailable	3 / 2
2026-09-17	Unavailable	Unavailable	3 / 2
2026-09-18	Unavailable	Unavailable	3 / 2
2026-09-19	Unavailable	Unavailable	3 / 2
2026-09-20	Unavailable	Unavailable	3 / 2
2026-09-21	Unavailable	Unavailable	3 / 2
2026-09-22	Unavailable	Unavailable	3 / 2
2026-09-23	Unavailable	Unavailable	3 / 2
2026-09-24	Unavailable	Unavailable	3 / 2
2026-09-25	Unavailable	Unavailable	3 / 2
2026-09-26	Unavailable	Unavailable	3 / 2
2026-09-27	Unavailable	Unavailable	3 / 2
2026-09-28	Unavailable	Unavailable	3 / 2
2026-09-29	Unavailable	Unavailable	3 / 2
2026-09-30	Unavailable	Unavailable	3 / 2
2026-10-01	Unavailable	Unavailable	3 / 2
2026-10-02	Unavailable	Unavailable	4 / 2
2026-10-03	Unavailable	Unavailable	4 / 2
2026-10-04	Unavailable	Unavailable	4 / 2
2026-10-05	Unavailable	Unavailable	4 / 2
2026-10-06	Unavailable	Unavailable	4 / 2
2026-10-07	Unavailable	Unavailable	4 / 2
2026-10-08	Unavailable	Unavailable	4 / 2
2026-10-09	Unavailable	Unavailable	4 / 2
2026-10-10	Unavailable	Unavailable	4 / 2
2026-10-11	Unavailable	Unavailable	4 / 2
2026-10-12	Unavailable	Unavailable	4 / 2
2026-10-13	Unavailable	Unavailable	4 / 2
2026-10-14	Unavailable	Unavailable	4 / 2
2026-10-15	Unavailable	Unavailable	4 / 2
2026-10-16	Unavailable	Unavailable	4 / 2
2026-10-17	Unavailable	Unavailable	4 / 2
2026-10-18	Unavailable	Unavailable	4 / 3
2026-10-19	Unavailable	Unavailable	4 / 3
2026-10-20	Unavailable	Unavailable	4 / 3
2026-10-21	Unavailable	Unavailable	4 / 3
2026-10-22	Unavailable	Unavailable	4 / 3
2026-10-23	Unavailable	Unavailable	4 / 3
2026-10-24	Unavailable	Unavailable	4 / 3
2026-10-25	Unavailable	Unavailable	4 / 3

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	2	2
2026-06-01	2	2
2026-07-01	2	2
2026-08-01	2	2
2026-09-01	2	3
2026-10-01	2	3

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 2 Buy / Strong Buy · 3 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 26–Oct 25 · 0 recorded

Price-target changes

30 days

○ Previous · ● Latest · common dollar scale

D.A. DavidsonSep 28

$25.00New observation · no comparable prior

$0$13.75$27.50

0 raises · 0 cuts · 0 unchanged · 1 without a comparable prior

How this is measured

Sep 26, 2026–Oct 25, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

EPS at least $0.51 in fiscal year 2026Diluted EPS: $0.56 per share
Net income grows to at least $17.09M by 2026-Q1Net income: $18.865M
Operating income grows to at least $22.66M by 2026-Q1Operating income: $25.185M

Next proof point

Next earnings date unavailable

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

0.8%Typical daily move · historical

Downside history

-13.7%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Shore Bancshares, Inc. outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is a regional banking business with a measured, execution-dependent multi-year view, not a clear turnaround or a proven high-growth story. The thesis is in a watch state after the latest earnings, with medium confidence and muted share-price reaction.

What's priced into Shore Bancshares, Inc.

Valuation is broadly aligned with peers, and the evidence labels expectations as justified rather than fragile. The expectations gap is slightly negative, so the evidence does not point to a large cushion if execution weakens further.

What the fundamentals likely do

Near term, the earnings miss and the increase in nonperforming assets weigh on the picture, while recent company momentum and composite insight both declined. Q3 deposits grew and expenses fell, but the increase in total deposits was partly seasonal; credit-quality progress was limited despite management’s stated focus.

What Shore Bancshares, Inc. hinges on

The multi-year thesis hinges on management controlling credit quality while sustaining core deposit growth and expense discipline. Near term, a guidance cut or rate cuts would add pressure; continued earnings strength and higher guidance from sector bellwethers could support sector momentum.

Bottom line

Over the next 1 to 3 years, SHBI’s setup is balanced but watchful: operating discipline and deposit growth are constructive, while the latest miss, credit deterioration, and sector headwinds remain meaningful constraints. The thesis depends on those operating strengths continuing without further weakening in credit quality or guidance. Not investment advice.

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	62.86M
EPS	—	0.559
Annual ending 2026-12-31
Revenue	—	245.91M
EPS	—	2.161
Annual ending 2027-12-31
Revenue	—	257M
EPS	—	2.27

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS: comparable history unavailable.

FY2027 revenue: comparable history unavailable.

Exact estimates & source dates

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	Unavailable	Unavailable	4 / 1
2026-07-25	Unavailable	Unavailable	4 / 1
2026-07-26	Unavailable	Unavailable	4 / 1
2026-07-27	Unavailable	Unavailable	3 / 1
2026-07-28	Unavailable	Unavailable	3 / 1
2026-07-29	Unavailable	Unavailable	4 / 2
2026-07-30	Unavailable	Unavailable	4 / 2
2026-07-31	Unavailable	Unavailable	4 / 2
2026-08-01	Unavailable	Unavailable	2 / 1
2026-08-02	Unavailable	Unavailable	4 / 2
2026-08-03	Unavailable	Unavailable	3 / 2
2026-08-04	Unavailable	Unavailable	3 / 2
2026-08-05	Unavailable	Unavailable	3 / 2
2026-08-06	Unavailable	Unavailable	4 / 2
2026-08-08	Unavailable	Unavailable	4 / 2
2026-08-09	Unavailable	Unavailable	4 / 2
2026-08-10	Unavailable	Unavailable	3 / 2
2026-08-12	Unavailable	Unavailable	3 / 2
2026-08-13	Unavailable	Unavailable	3 / 2
2026-08-14	Unavailable	Unavailable	3 / 2
2026-08-15	Unavailable	Unavailable	3 / 2
2026-08-16	Unavailable	Unavailable	3 / 2
2026-08-17	Unavailable	Unavailable	3 / 2
2026-08-18	Unavailable	Unavailable	3 / 2
2026-08-19	Unavailable	Unavailable	3 / 2
2026-08-20	Unavailable	Unavailable	3 / 2
2026-08-21	Unavailable	Unavailable	3 / 2
2026-08-22	Unavailable	Unavailable	3 / 2
2026-08-23	Unavailable	Unavailable	3 / 2
2026-08-24	Unavailable	Unavailable	3 / 2
2026-08-25	Unavailable	Unavailable	3 / 2
2026-08-26	Unavailable	Unavailable	3 / 2
2026-08-27	Unavailable	Unavailable	3 / 2
2026-08-28	Unavailable	Unavailable	3 / 2
2026-08-29	Unavailable	Unavailable	3 / 2
2026-08-30	Unavailable	Unavailable	3 / 2
2026-08-31	Unavailable	Unavailable	3 / 2
2026-09-01	Unavailable	Unavailable	3 / 2
2026-09-02	Unavailable	Unavailable	3 / 2
2026-09-03	Unavailable	Unavailable	3 / 2
2026-09-04	Unavailable	Unavailable	3 / 2
2026-09-05	Unavailable	Unavailable	3 / 2
2026-09-06	Unavailable	Unavailable	3 / 2
2026-09-07	Unavailable	Unavailable	3 / 2
2026-09-08	Unavailable	Unavailable	3 / 2
2026-09-09	Unavailable	Unavailable	3 / 2
2026-09-10	Unavailable	Unavailable	3 / 2
2026-09-11	Unavailable	Unavailable	3 / 2
2026-09-12	Unavailable	Unavailable	3 / 2
2026-09-13	Unavailable	Unavailable	3 / 2
2026-09-14	Unavailable	Unavailable	3 / 2
2026-09-15	Unavailable	Unavailable	3 / 2
2026-09-16	Unavailable	Unavailable	3 / 2
2026-09-17	Unavailable	Unavailable	3 / 2
2026-09-18	Unavailable	Unavailable	3 / 2
2026-09-19	Unavailable	Unavailable	3 / 2
2026-09-20	Unavailable	Unavailable	3 / 2
2026-09-21	Unavailable	Unavailable	3 / 2
2026-09-22	Unavailable	Unavailable	3 / 2
2026-09-23	Unavailable	Unavailable	3 / 2
2026-09-24	Unavailable	Unavailable	3 / 2
2026-09-25	Unavailable	Unavailable	3 / 2
2026-09-26	Unavailable	Unavailable	3 / 2
2026-09-27	Unavailable	Unavailable	3 / 2
2026-09-28	Unavailable	Unavailable	3 / 2
2026-09-29	Unavailable	Unavailable	3 / 2
2026-09-30	Unavailable	Unavailable	3 / 2
2026-10-01	Unavailable	Unavailable	3 / 2
2026-10-02	Unavailable	Unavailable	4 / 2
2026-10-03	Unavailable	Unavailable	4 / 2
2026-10-04	Unavailable	Unavailable	4 / 2
2026-10-05	Unavailable	Unavailable	4 / 2
2026-10-06	Unavailable	Unavailable	4 / 2
2026-10-07	Unavailable	Unavailable	4 / 2
2026-10-08	Unavailable	Unavailable	4 / 2
2026-10-09	Unavailable	Unavailable	4 / 2
2026-10-10	Unavailable	Unavailable	4 / 2
2026-10-11	Unavailable	Unavailable	4 / 2
2026-10-12	Unavailable	Unavailable	4 / 2
2026-10-13	Unavailable	Unavailable	4 / 2
2026-10-14	Unavailable	Unavailable	4 / 2
2026-10-15	Unavailable	Unavailable	4 / 2
2026-10-16	Unavailable	Unavailable	4 / 2
2026-10-17	Unavailable	Unavailable	4 / 2
2026-10-18	Unavailable	Unavailable	4 / 3
2026-10-19	Unavailable	Unavailable	4 / 3
2026-10-20	Unavailable	Unavailable	4 / 3
2026-10-21	Unavailable	Unavailable	4 / 3
2026-10-22	Unavailable	Unavailable	4 / 3
2026-10-23	Unavailable	Unavailable	4 / 3
2026-10-24	Unavailable	Unavailable	4 / 3
2026-10-25	Unavailable	Unavailable	4 / 3

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings