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Shore Bancshares Inc
NASDAQ:SHBI

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Shore Bancshares Inc
NASDAQ:SHBI
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Price: 19.18 USD 0.84%
Market Cap: $641m

SHBI's latest stock split occurred on Jun 6, 2006

The company executed a 3-for-2 stock split, meaning that for every 2 shares held, investors received 3 new shares.

Before the split, SHBI traded at 42.58 per share. Afterward, the share price was about 19.5327.

The adjusted shares began trading on Jun 6, 2006. This was SHBI's 2nd stock split, following the previous one in Apr 1, 1998.

Last Splits:
Jun 6, 2006
3-for-2
Apr 1, 1998
2-for-1
Pre-Split Price
19.3802 42.58
Post-Split Price
19.5327
Before
After
Last Splits:
Jun 6, 2006
3-for-2
Apr 1, 1998
2-for-1

Shore Bancshares Inc
Stock Splits History

SHBI Stock Splits Timeline
Jun 6, 2006
Jun 6, 2006
Split 3-for-2
x1.5
Pre-Split Price
19.3802 42.58
Post-Split Price
19.5327
Before
After
Apr 1, 1998
Apr 1, 1998
Split 2-for-1
x2
Pre-Split Price
N/A
Post-Split Price
16.7076
Before
After

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Shore Bancshares Inc
Glance View

Market Cap
641m USD
Industry
Banking

Shore Bancshares, Inc. is a financial holding company, which engages in the provision of commercial banking products and services to individuals and businesses. The company is headquartered in Easton, Maryland and currently employs 435 full-time employees. The company went IPO on 2001-04-09. (the Bank) and Mid-Maryland Title Company, Inc. (the Title Company). The Bank provides consumer and commercial banking products and services, including secondary mortgage lending, trust, wealth management and financial planning services. The Title Company engages in title work related to real estate transactions. The Bank operates approximately 29 full-service branches, 30 automated teller machines and five loan production offices, and provides a full range of commercial and consumer banking products and services to individuals, businesses and other organizations in Baltimore City, Baltimore County, Howard County, Kent County, Queen Anne’s County, Caroline County, Talbot County, Dorchester County, Anne Arundel County and Worcester County in Maryland, Kent County, Delaware and in Accomack County, Virginia. The company has two segments: the Bank and Mortgage Banking.

SHBI Intrinsic Value
26.86 USD
Undervaluation 29%
Intrinsic Value
Price $19.18
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