Shore Bancshares, Inc. (SHBI) Fair Value 2026

SHBI · Banks - Regional ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.9 /10

32 fundamental signals · 6 models active

Value Trap Risk

SAFE (6/100)

Quick Summary — As of 2026-08-27, Shore Bancshares, Inc. (SHBI) trades at $23.06, versus a $13.97 median fair value across its 6 active models — 39.4% below the current price. QOC: 8.9/10. Value Trap Risk: 6/100 (SAFE). 6/13 models active.

Key Facts

Ticker
SHBI
Price
$23.06
Quality Score
8.9/10
Value Trap Risk
6/100
Models Active
6/13
Last Updated
Strength: Quality Score of 8.9/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is Shore Bancshares, Inc. (SHBI) Undervalued or Overvalued in 2026?

According to CirclFi’s 6-model valuation engine, Shore Bancshares, Inc. (SHBI) appears overvalued as of : the median of 6 independent fair value estimates is $13.97, 39.4% below the current price of $23.06. Estimates range from $5.17 to $31.64. SHBI scores 8.9/10 on fundamental quality and 6/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. SHBI’s -39.4% gap is wider than that market norm, and the Banks - Regional sector median is -22.0%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Shore Bancshares, Inc. Stock in 2026? →

What Fair Value Does Each Model Give SHBI?

6 Intrinsic Value Models vs. Current Price ($23.06)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $8.00 -65.3%
Ensemble · Low Conviction
 $12.34 -46.5%
Intrinsic · High Conviction
 $5.17 -77.6%
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What Is SHBI's Fair Value Range?

Spread across 6 independent models · $5.17 to $31.64

CirclFi's 6 active models place Shore Bancshares, Inc. (SHBI) between $5.17 and $31.64 per share, a spread of 190% of the median. The median of that range — $13.97 — is the fair value CirclFi publishes for SHBI, against a current price of $23.06.

Low · Markov DDMHigh · Regime Cross
$5.17median $13.97$31.64
Where the range comes from
Most bearish modelMarkov DDM$5.17
Most bullish modelRegime Cross-Sectional$31.64
Model agreement1 bullish · 5 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for SHBI. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on SHBI, not a CirclFi price target. How each model works →

What Is Shore Bancshares, Inc. (SHBI) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Shore Bancshares, Inc.'s intrinsic value is estimated at $13.97. Trading at its current price of $23.06, the valuation engine raises significant caution: 5 of 6 models flag downside risk, projecting a median implied return of -39.4%. The most optimistic model, Regime Cross, places fair value at $31.64 (+37.2%), while Markov DDM — the most conservative — estimates $5.17 (-77.6%). This +114.8% gap reflects genuine analytical uncertainty about Shore Bancshares, Inc.'s intrinsic worth.

What Do the Models Say About SHBI?

6 of 13 models are currently active for SHBI. Of these, 1 model suggests upside while 5 models suggest overvaluation. Taken together, their median fair value for SHBI is $13.97 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does SHBI Rank in Banks - Regional?

Among 349 Banks - Regional stocks, SHBI ranks #8 by Quality of Company score. CirclFi's QOC score of 8.9/10 evaluates 32 fundamental signals. A score of 8.9 places SHBI in the top tier.

See all Most Undervalued Banks - Regional Stocks →

Shore Bancshares, Inc.'s positioning within the Banks - Regional segment means that loan loss provisions plays an outsized role in fundamental analysis. The sector's unique characteristics — including credit quality trends — shape both the opportunity set and risk profile.

Is SHBI a Value Trap?

CirclFi's Value Trap algorithm assigns SHBI a score of 6/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

6 of 13 models are active for Shore Bancshares, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Shore Bancshares, Inc. earns a quality score of 8.9/10. This robust rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +114.8% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every SHBI valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across SHBI's 6 active models, average confidence is 42%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Shore Bancshares, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Banks - Regional Stocks Should You Also Analyze?

11 related Banks - Regional stocks with 13-model coverage

OBTOrange County Bancorp, Inc.QOC 8.9WTFCWintrust Financial CorporationQOC 8.9UNTYUnity Bancorp, Inc.QOC 8.9FXNCFirst National CorporationQOC 8.9FBPFirst BanCorp.QOC 8.9BYByline Bancorp, Inc.QOC 8.9SFBSServisFirst Bancshares, Inc.QOC 8.3BUSEFirst Busey CorporationQOC 7.9CLBKColumbia Financial, Inc.QOC 7.4ESQEsquire Financial Holdings, Inc.QOC 9.1PEBOPeoples Bancorp Inc.QOC 9.1

Read investment analysis: OBT · WTFC · UNTY · FXNC · FBP · BY · SFBS · BUSE · CLBK · ESQ · PEBO

Which Other Stocks Have a Similar Quality Score to SHBI?

5 companies across all industries closest to SHBI’s Quality of Company score of 8.9/10.

AIZAssurant, Inc.QOC 8.9PENPenumbra, Inc.QOC 8.9CWCOConsolidated Water Co. Ltd.QOC 8.9DOCUDocuSign, Inc.QOC 8.9NVDANVIDIA CorporationQOC 10.0

Read investment analysis: AIZ · PEN · CWCO · DOCU · NVDA

Where Does SHBI Sit in CirclFi's Banks - Regional Rankings?

SHBI is ranked against every other Banks - Regional stock CirclFi covers in each of these screens.

See all Banks - Regional stocks ranked →

What Else Do Investors Ask About Shore Bancshares, Inc.’s Valuation?

What is Shore Bancshares, Inc.'s intrinsic value in 2026?

CirclFi puts Shore Bancshares, Inc. (SHBI)'s intrinsic value at $13.97 — the median of 6 independent model estimates as of 2026-08-27, ranging from $5.17 to $31.64. The Quality of Company score is 8.9/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is SHBI overvalued or undervalued right now?

At $23.06, 1 of 6 active models suggest SHBI may be undervalued, while 5 indicate potential overvaluation. The median of all 6 fair value estimates is $13.97, 39.4% below the current price of $23.06 — a consensus view that SHBI is overvalued. The assessment depends on which methodology best fits Shore Bancshares, Inc.'s business model in Banks - Regional.

What does a Quality of Company score of 8.9 mean for SHBI?

Shore Bancshares, Inc.'s QOC of 8.9/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on SHBI?

CirclFi analyzes SHBI with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 6 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on SHBI?

Of the 6 models currently active on SHBI, Regime Cross-Sectional is the most bullish at $31.64 per share, and Markov DDM is the most bearish at $5.17. CirclFi's published fair value for SHBI is the median of that range, $13.97, not either extreme. The gap between the two ends equals 190% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is SHBI a value trap in 2026?

Shore Bancshares, Inc.'s Value Trap score is 6/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 6-model valuation engine, Shore Bancshares, Inc. (SHBI) has a median fair value of $13.97 — 39.4% below the current price of $23.06 — as of 2026-08-27.” Source: circlfi.com/stock/SHBI/ · Methodology
Primary sources for this SHBI valuation
  • Financial statements: Shore Bancshares, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001035092) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for SHBI as of ; valuations recomputed .

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