SHBI vs CHMG

For growth investors, Shore Bancshares, Inc.

(SHBI) is the stronger pick with 5. 0% revenue growth year-over-year, versus -6. 5% for Chemung Financial Corporation (CHMG). Shore Bancshares, Inc. (SHBI) offers the better valuation at 11. 1x trailing P/E (9. 7x forward), making it the more compelling value choice. Analysts rate Shore Bancshares, Inc. (SHBI) a "Buy" — based on 6 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Shore Bancshares, Inc.

(SHBI) is the cheapest at 11. 1x versus Chemung Financial Corporation at 22. 0x. On forward P/E, Chemung Financial Corporation is actually cheaper at 9. 6x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, Chemung Financial Corporation (CHMG) delivered a total return of +70.

4%, compared to +32. 5% for Shore Bancshares, Inc. (SHBI). Over 10 years, the gap is even starker: CHMG returned +198. 0% versus SHBI's +100. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Chemung Financial Corporation (CHMG) is the lower-risk stock at 0.

73β versus Shore Bancshares, Inc. 's 1. 01β — meaning SHBI is approximately 37% more volatile than CHMG relative to the S&P 500. On balance sheet safety, Chemung Financial Corporation (CHMG) carries a lower debt/equity ratio of 2% versus 19% for Shore Bancshares, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Shore Bancshares, Inc.

(SHBI) is pulling ahead at 5. 0% versus -6. 5% for Chemung Financial Corporation (CHMG). On earnings-per-share growth, the picture is similar: Shore Bancshares, Inc. grew EPS 34. 8% year-over-year, compared to -36. 9% for Chemung Financial Corporation. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Shore Bancshares, Inc.

(SHBI) is the more profitable company, earning 17. 4% net margin versus 10. 8% for Chemung Financial Corporation — meaning it keeps 17. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SHBI leads at 23. 0% versus 14. 2% for CHMG. At the gross margin level — before operating expenses — CHMG leads at 64. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Chemung Financial Corporation (CHMG) trades at 9.

6x forward P/E versus 9. 7x for Shore Bancshares, Inc. — 0. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SHBI: -5. 1% to $18. 75.

All stocks in this comparison pay dividends.

Shore Bancshares, Inc. (SHBI) offers the highest yield at 2. 4%, versus 1. 9% for Chemung Financial Corporation (CHMG).

For long-horizon retirement investors, Chemung Financial Corporation (CHMG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

73), 1. 9% yield, +198. 0% 10Y return). Both have compounded well over 10 years (CHMG: +198. 0%, SHBI: +100. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: SHBI is a small-cap deep-value stock; CHMG is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.