Shore Bancshares appoints Charles Cullum as EVP, CFO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 17 2025
0mins
New Executive Appointment: Shore Bancshares has appointed Charles Cullum as the new EVP and CFO, effective April 21.
Transition Period: Todd Capitani, the outgoing EVP and CFO, will assist Cullum during the transition until his retirement on August 15.
Analyst Views on SHBI
Wall Street analysts forecast SHBI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SHBI is 18.50 USD with a low forecast of 18.50 USD and a high forecast of 18.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 18.440
Low
18.50
Averages
18.50
High
18.50
Current: 18.440
Low
18.50
Averages
18.50
High
18.50
About SHBI
Shore Bancshares, Inc. is a financial holding company. The Company conducts business primarily through two wholly owned subsidiaries, Shore United Bank, N.A. (the Bank) and Mid-Maryland Title Company, Inc. (the Title Company). The Bank provides consumer and commercial banking products and services and secondary mortgage lending, trust, wealth management and financial planning services. The Bank is a national banking association chartered, which operates over 40 full-service branches, 39 automatic teller machines (ATM), three interactive teller machines, and 10 loan production offices. The Bank provides a full range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Baltimore County, Howard County, Kent County, Queen Annes County, Caroline County, Talbot County, Dorchester County, Anne Arundel County, Charles County, St Marys County, and others. The Title Company engages in title work related to real estate transactions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
