Shore BancsharesSHBI
About: Shore Bancshares Inc is a financial holding company. It offers personalized banking, insurance, and investment services to families and businesses in the Mid-Atlantic region. It operates in two business segments - community banking and mortgage banking. Community banking is conducted through the Bank and involves delivering a broad range of financial services, including lending and deposit-taking, to individuals and commercial enterprises, it also includes treasury and administrative functions. Mortgage banking is conducted through the Bank's secondary marketing department and involves originating first and second-lien residential mortgages for sale in the secondary market.
Employees: 481
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
24% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 33
21% more capital invested
Capital invested by funds: $223M [Q2] → $269M (+$46.4M) [Q3]
2% more funds holding
Funds holding: 112 [Q2] → 114 (+2) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0.13% less ownership
Funds ownership: 58.02% [Q2] → 57.89% (-0.13%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keefe, Bruyette & Woods Catherine Mealor 57% 1-year accuracy 20 / 35 met price target | 25%upside $20 | Outperform Upgraded | 4 Dec 2024 |
Financial journalist opinion
