Shore Bancshares Inc (SHBI) - Net Assets
Based on the latest financial reports, Shore Bancshares Inc (SHBI) has net assets worth $589.87 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.26 Billion) and total liabilities ($5.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Shore Bancshares Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $589.87 Million |
| % of Total Assets | 9.42% |
| Annual Growth Rate | 12.2% |
| 5-Year Change | 68.2% |
| 10-Year Change | 282.29% |
| Growth Volatility | 33.76 |
Shore Bancshares Inc - Net Assets Trend (1997–2025)
This chart illustrates how Shore Bancshares Inc's net assets have evolved over time, based on quarterly financial data. Also explore SHBI current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Shore Bancshares Inc (1997–2025)
The table below shows the annual net assets of Shore Bancshares Inc from 1997 to 2025. For live valuation and market cap data, see market cap of Shore Bancshares Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $589.87 Million | +9.02% |
| 2024-12-31 | $541.07 Million | +5.86% |
| 2023-12-31 | $511.13 Million | +40.31% |
| 2022-12-31 | $364.29 Million | +3.88% |
| 2021-12-31 | $350.69 Million | +79.83% |
| 2020-12-31 | $195.02 Million | +1.15% |
| 2019-12-31 | $192.80 Million | +5.25% |
| 2018-12-31 | $183.19 Million | +11.88% |
| 2017-12-31 | $163.74 Million | +6.12% |
| 2016-12-31 | $154.30 Million | +4.99% |
| 2015-12-31 | $146.97 Million | +4.63% |
| 2014-12-31 | $140.47 Million | +35.98% |
| 2013-12-31 | $103.30 Million | -9.41% |
| 2012-12-31 | $114.03 Million | -5.96% |
| 2011-12-31 | $121.25 Million | -1.03% |
| 2010-12-31 | $122.51 Million | -4.14% |
| 2009-12-31 | $127.81 Million | +0.33% |
| 2008-12-31 | $127.39 Million | +5.95% |
| 2007-12-31 | $120.23 Million | +8.00% |
| 2006-12-31 | $111.33 Million | +9.74% |
| 2005-12-31 | $101.45 Million | +9.11% |
| 2004-12-31 | $92.98 Million | +11.31% |
| 2003-12-31 | $83.53 Million | +7.05% |
| 2002-12-31 | $78.03 Million | +9.94% |
| 2001-12-31 | $70.97 Million | +9.15% |
| 2000-12-31 | $65.02 Million | +11.18% |
| 1999-12-31 | $58.49 Million | +167.00% |
| 1998-12-31 | $21.90 Million | -6.85% |
| 1997-12-31 | $23.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shore Bancshares Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1632.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $233.58 Million | 39.60% |
| Common Stock | $334.00K | 0.06% |
| Other Comprehensive Income | $-4.59 Million | -0.78% |
| Other Components | $360.55 Million | 61.12% |
| Total Equity | $589.87 Million | 100.00% |
Shore Bancshares Inc Competitors by Market Cap
The table below lists competitors of Shore Bancshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New East New Materials Co Ltd
SHG:603110
|
$651.64 Million |
|
Shandong Sinobioway Biomedicine Co Ltd
SHE:002581
|
$651.65 Million |
|
Udemy Inc
NASDAQ:UDMY
|
$651.67 Million |
|
Hubei Kailong Chemical Group Co Ltd
SHE:002783
|
$651.80 Million |
|
SI-TECH Information Technology Co Ltd
SHE:300608
|
$651.45 Million |
|
Afya Ltd
NASDAQ:AFYA
|
$651.37 Million |
|
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S.
IS:EUPWR
|
$651.36 Million |
|
Sri Trang Agro-Industry Public Company Limited
BK:STA-R
|
$651.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shore Bancshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 541,066,000 to 589,873,000, a change of 48,807,000 (9.0%).
- Net income of 59,506,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 2,952,000.
- Other factors decreased equity by 13,651,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $59.51 Million | +10.09% |
| Other Comprehensive Income | $2.95 Million | +0.5% |
| Other Changes | $-13.65 Million | -2.31% |
| Total Change | $- | 9.02% |
Book Value vs Market Value Analysis
This analysis compares Shore Bancshares Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.50x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $7.80 | $19.50 | x |
| 1998-12-31 | $7.37 | $19.50 | x |
| 1999-12-31 | $20.37 | $19.50 | x |
| 2000-12-31 | $8.06 | $19.50 | x |
| 2001-12-31 | $8.82 | $19.50 | x |
| 2002-12-31 | $9.59 | $19.50 | x |
| 2003-12-31 | $10.20 | $19.50 | x |
| 2004-12-31 | $11.18 | $19.50 | x |
| 2005-12-31 | $12.16 | $19.50 | x |
| 2006-12-31 | $13.26 | $19.50 | x |
| 2007-12-31 | $14.32 | $19.50 | x |
| 2008-12-31 | $15.15 | $19.50 | x |
| 2009-12-31 | $15.18 | $19.50 | x |
| 2010-12-31 | $14.51 | $19.50 | x |
| 2011-12-31 | $14.35 | $19.50 | x |
| 2012-12-31 | $13.48 | $19.50 | x |
| 2013-12-31 | $12.21 | $19.50 | x |
| 2014-12-31 | $12.82 | $19.50 | x |
| 2015-12-31 | $11.63 | $19.50 | x |
| 2016-12-31 | $12.18 | $19.50 | x |
| 2017-12-31 | $12.87 | $19.50 | x |
| 2018-12-31 | $14.36 | $19.50 | x |
| 2019-12-31 | $15.15 | $19.50 | x |
| 2020-12-31 | $15.75 | $19.50 | x |
| 2021-12-31 | $26.73 | $19.50 | x |
| 2022-12-31 | $18.35 | $19.50 | x |
| 2023-12-31 | $19.23 | $19.50 | x |
| 2024-12-31 | $16.23 | $19.50 | x |
| 2025-12-31 | $17.66 | $19.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shore Bancshares Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.36%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 10.61x
- Recent ROE (10.09%) is above the historical average (7.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 10.08% | 37.29% | 0.04x | 7.45x | $18.72K |
| 1998 | 10.13% | 32.65% | 0.04x | 8.27x | $28.52K |
| 1999 | 11.63% | 36.95% | 0.04x | 8.86x | $956.15K |
| 2000 | 12.24% | 19.03% | 0.08x | 8.51x | $1.46 Million |
| 2001 | 11.26% | 19.22% | 0.07x | 8.21x | $896.90K |
| 2002 | 11.27% | 20.79% | 0.06x | 8.38x | $987.35K |
| 2003 | 11.37% | 21.49% | 0.06x | 8.44x | $1.14 Million |
| 2004 | 10.97% | 21.02% | 0.06x | 8.49x | $900.64K |
| 2005 | 12.70% | 21.89% | 0.07x | 8.38x | $2.74 Million |
| 2006 | 12.17% | 19.14% | 0.08x | 8.48x | $2.42 Million |
| 2007 | 11.19% | 16.85% | 0.08x | 7.96x | $1.43 Million |
| 2008 | 9.00% | 13.95% | 0.08x | 8.20x | $-1.27 Million |
| 2009 | 5.69% | 9.29% | 0.07x | 9.05x | $-5.51 Million |
| 2010 | -1.36% | -2.32% | 0.06x | 9.23x | $-13.92 Million |
| 2011 | -0.74% | -1.34% | 0.06x | 9.55x | $-13.02 Million |
| 2012 | -8.45% | -16.14% | 0.05x | 10.40x | $-21.04 Million |
| 2013 | -9.33% | -17.08% | 0.05x | 10.20x | $-19.96 Million |
| 2014 | 3.60% | 9.45% | 0.05x | 7.83x | $-9.00 Million |
| 2015 | 4.84% | 13.25% | 0.05x | 7.72x | $-7.59 Million |
| 2016 | 6.25% | 16.98% | 0.05x | 7.52x | $-5.79 Million |
| 2017 | 6.88% | 20.24% | 0.04x | 8.51x | $-5.11 Million |
| 2018 | 13.65% | 38.81% | 0.04x | 8.10x | $6.68 Million |
| 2019 | 8.40% | 23.21% | 0.04x | 8.09x | $-3.08 Million |
| 2020 | 8.07% | 22.34% | 0.04x | 9.91x | $-3.77 Million |
| 2021 | 4.38% | 18.37% | 0.02x | 9.87x | $-19.70 Million |
| 2022 | 8.56% | 22.77% | 0.04x | 9.55x | $-5.25 Million |
| 2023 | 2.20% | 4.71% | 0.04x | 11.76x | $-39.89 Million |
| 2024 | 8.11% | 13.44% | 0.05x | 11.52x | $-10.22 Million |
| 2025 | 10.09% | 17.36% | 0.05x | 10.61x | $518.70K |
Industry Comparison
This section compares Shore Bancshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $519,829,600
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shore Bancshares Inc (SHBI) | $589.87 Million | 10.08% | 9.61x | $651.56 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $148.70 Million | 9.23% | 10.41x | $5.70 Billion |
| ACNB Corporation (ACNB) | $93.75 Million | 8.98% | 9.33x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $96.99 Million | 6.06% | 10.54x | $647.19 Million |
| Amalgamated Bank (AMAL) | $585.36 Million | 15.03% | 12.62x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $577.58 Million | -0.30% | 12.45x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $249.60 Million | 11.75% | 10.06x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.74 Billion | -4.81% | 7.35x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $116.55 Million | 6.07% | 10.46x | $62.60 Million |
About Shore Bancshares Inc
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank, N.A. that provides various consumer and commercial banking products and services to individuals, businesses, and other organizations in the United States. The company offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as certificat… Read more