Shore Bancshares

The Company acts as the parent company to several financial institution and insurance entities. The Company has two business segments: Community Banking, and Insurance Products and Services. Its Community Banking segment provides services to consumers and small businesses on the Eastern Shore of Maryland and in Delaware. The Company is engaged in the banking business through CNB, a Maryland commercial bank with trust powers and The Talbot Bank of Easton, a Maryland commercial bank (the Banks). Its Insurance Products and Services segment provides a range of insurance products and services to businesses and consumers in the Company's market areas. The Banks provide a range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Kent County, Queen Anne's County, Caroline County, Talbot County and Dorchester County in Maryland and in Kent County, Delaware.
Company Growth (employees)
Type
Public
HQ
Easton, US
Size (employees)
290 (est)+6%
Shore Bancshares is headquartered in Easton, US

Shore Bancshares Office Locations

Shore Bancshares has an office in Easton
Easton, US (HQ)
28969 Information Ln

Shore Bancshares Financials and Metrics

Shore Bancshares Financials

Shore Bancshares's revenue was reported to be $15.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

15.3 m

Gross profit (Q1, 2017)

14.7 m

Gross profit margin (Q1, 2017), %

97%

Net income (Q1, 2017)

2.8 m

EBIT (Q1, 2017)

9.9 m

Market capitalization (17-Oct-2017)

215.1 m

Cash (31-Mar-2017)

48.9 m
Shore Bancshares's current market capitalization is $215.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

41.4 m55.1 m54.3 m57.3 m

Revenue growth, %

33%(1%)6%

Cost of goods sold

6.5 m4.2 m3.3 m2.4 m

Gross profit

34.9 m50.8 m50.9 m54.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

14.1 m13.7 m13.5 m13.3 m13.7 m14.4 m14 m14.2 m15.3 m

Cost of goods sold

1.1 m1.1 m906 k859 k827 k665 k620 k578 k514 k

Gross profit

13 m12.6 m12.6 m12.5 m12.9 m13.8 m13.4 m13.7 m14.7 m

Gross profit Margin, %

92%92%93%94%94%95%96%96%97%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

21.2 m24.2 m73.8 m75.9 m

Accounts Receivable

1.6 m

Inventories

871.5 m

PP&E

15.2 m16.3 m16.9 m16.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

23 m26.9 m24.3 m20.1 m17.4 m73.6 m61.2 m75.1 m48.9 m

Inventories

709.7 m705 m721.6 m741 m777.1 m798.9 m821.1 m860.6 m891.9 m

PP&E

15 m15.2 m16.7 m16.8 m17 m16.8 m16.7 m16.7 m16.8 m

Goodwill

11.9 m11.9 m11.9 m11.9 m11.9 m11.9 m11.9 m11.9 m11.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(9.6 m)5.1 m7.1 m9.6 m

Depreciation and Amortization

2.4 m2.3 m2.4 m2.4 m

Accounts Receivable

235 k(102 k)205 k(218 k)

Accounts Payable

(114 k)(53 k)(66 k)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

2.6 m3.8 m1.4 m3 m4.9 m2.5 m4.7 m7.1 m2.8 m

Depreciation and Amortization

1.1 m1.7 m621 k1.2 m1.8 m611 k1.2 m1.9 m546 k

Accounts Receivable

(56 k)(79 k)59 k143 k46 k(144 k)(123 k)(15 k)(78 k)

Accounts Payable

(27 k)(26 k)(17 k)(33 k)(38 k)(9 k)(20 k)(32 k)(7 k)
USDY, 2017

Revenue/Employee

55.5 k

Financial Leverage

7.4 x
Show all financial metrics

Shore Bancshares Operating Metrics

Shore Bancshares's Total Loans Issued was reported to be $1 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$710.75 m$721.61 m$741.03 m$777.06 m$795.11 m$798.92 m$821.08 m$860.55 m$871.53 m$891.86 m$1.03 b

Non-accrual Loans

$13.47 m$12.91 m$14.01 m$13.14 m$12.09 m$11.93 m$13.53 m$11.49 m$8.97 m$8.73 m$7.16 m

Bank Branches

181818

ATMs

202020
Show all operating metrics

Shore Bancshares Market Value History

Traffic Overview of Shore Bancshares

Shore Bancshares Company Life and Culture

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