WAYSON KONRAD, a director of Shore Bancshares, Inc. (NASDAQ:SHBI), purchased 5,000 shares, increasing his total ownership to 59,328 shares.
Shore Bancshares reported a net income of $13.8 million for the first quarter of 2025, an improvement from the previous quarter.
The company’s financial metrics, including a P/E ratio of approximately 9.75 and an earnings yield of about 10.26%, highlight its financial health and market position.
On May 2, 2025, WAYSON KONRAD, a director of Shore Bancshares, Inc. (NASDAQ:SHBI), purchased 5,000 shares of the company’s common stock at approximately $14.25 each. This acquisition increased his total ownership to 59,328 shares. Shore Bancshares is the holding company for Shore United Bank, which provides banking services. The company competes with other regional banks in the financial sector.
Shore Bancshares reported a net income of $13.8 million for the first quarter of 2025, translating to $0.41 per diluted common share. This is an improvement from the previous quarter’s net income of $13.3 million, or $0.40 per diluted common share.
James M. Burke, President and CEO of Shore Bancshares, attributes the company’s strong performance to record net interest income and stable expenses. These factors have improved the net interest margin, return on assets, and operating leverage. Burke also notes that funding costs are decreasing and are expected to continue to decline as higher-cost seasonal municipal deposits phase out.
The company’s financial metrics provide further insight into its performance. SHBI has a price-to-earnings (P/E) ratio of approximately 9.75, indicating how the market values its earnings. The price-to-sales ratio is about 2.33, reflecting the company’s market value relative to its sales. The enterprise value to sales ratio is around 1.04, suggesting how the company’s total value compares to its sales.
Additionally, the enterprise value to operating cash flow ratio is approximately 2.54, offering insight into the company’s valuation against its cash flow. The earnings yield is about 10.26%, providing a perspective on the return on investment. Lastly, the debt-to-equity ratio is approximately 0.22, indicating the company’s financial leverage. These metrics highlight Shore Bancshares’ financial health and market position.
