SHORE BANCSHARES INC (SHBI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 04, 2026

Risk Assessment Details

Potential Dilution: 46.41% of current shares
Recent Dilution: 0.74% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
33M
Potential Supply
16M
Additional shares possible
Splits
None
Past 2 years

Summary

SHBI currently has 33.4M outstanding shares. with moderate dilution risk from 15.5M authorized shares representing 46.4% potential dilution. The company has minimally diluted shareholders by 0.74% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 04, 2026

10-Q filing | 33.4M shares outstanding

33M 16M
Nov 04, 2025

10-Q filing | 33.4M shares outstanding

33M 16M
Aug 07, 2025

10-Q filing | 33.4M shares outstanding

33M 16M
May 08, 2025

10-Q filing | 33.4M shares outstanding

33M 16M
Mar 10, 2025

10-K filing | 33.3M shares outstanding

33M 16M
Nov 07, 2024

10-Q filing | 33.3M shares outstanding

33M 16M
Aug 09, 2024

10-Q filing | 33.2M shares outstanding

33M 16M
May 30, 2024

S-3/A filing: Shelf registration for a combination offering of common stock, preferred stock, depositary shares, debt securities, warrants and units, up to a maximum offering price of $175,000,000.

33M 16M
May 16, 2024

S-3 filing: Shore Bancshares, Inc. is filing an S-3 to register the offering of common stock, preferred stock, depositary shares, debt securities, warrants and units up to a maximum offering price of $175,000,000.

33M 16M
May 09, 2024

10-Q filing | 33.2M shares outstanding

33M 0
Mar 15, 2024

10-K filing | 33.2M shares outstanding

33M 0
Nov 14, 2023

10-Q filing | 33.1M shares outstanding

33M 0
Aug 14, 2023

10-Q filing | 19.9M shares outstanding

20M 0
May 15, 2023

10-Q filing | 19.9M shares outstanding

20M 0
Mar 30, 2023

10-K filing | 19.8M shares outstanding

20M 0
Nov 14, 2022

10-Q filing | 19.9M shares outstanding

20M 0
Aug 15, 2022

10-Q filing | 19.8M shares outstanding

20M 0
Jul 06, 2022

8-K filing: The company announced a new stock repurchase program authorizing the repurchase of up to $5.0 million of its common stock, representing approximately 1.4% of its issued and outstanding common stock, and also completed a previous repurchase program where it purchased an aggregate of 310,004 shares for $4.4 million. ($4.4M proceeds)

20M 0
May 16, 2022

10-Q filing | 19.8M shares outstanding

20M 0
Mar 31, 2022

10-K filing | 19.8M shares outstanding

20M 0
Nov 15, 2021

10-Q filing | 11.8M shares outstanding

12M 0
Aug 13, 2021

10-Q filing | 11.8M shares outstanding

12M 0
May 14, 2021

10-Q filing | 11.8M shares outstanding

12M 0
Mar 26, 2021

10-K filing | 12.4M shares outstanding

12M 0
Mar 03, 2021

8-K filing: Shore Bancshares, Inc. and Severn Bancorp, Inc. entered into a Merger Agreement where Severn will merge into SHBI, with each share of Severn common stock converting into 0.6207 shares of SHBI Common Stock and $1.59 in cash.

12M 0
Nov 24, 2020

8-K filing: The company announced a stock repurchase program authorizing the repurchase of up to $5.0 million of common stock and disclosed that its previous repurchase program concluded in the fourth quarter of 2020, with the company repurchasing 772,971 shares for $9.9 million. ($9.9M proceeds)

12M 0
Nov 06, 2020

10-Q filing | 12.2M shares outstanding

12M 0
Sep 01, 2020

8-K filing: On September 1, 2020, the Company announced that it had reinstated its common stock repurchase program, authorizing the repurchase of up to $10.0 million, or approximately 5%, of the outstanding shares of the Company's common stock.

13M 0
Aug 07, 2020

10-Q filing | 12.5M shares outstanding

13M 0
May 11, 2020

10-Q filing | 12.8M shares outstanding

13M 0
Mar 13, 2020

10-K filing | 12.7M shares outstanding

13M 0
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