Exhibit 23.2





               CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS



     We hereby consent to the  incorporation  by reference in this  Registration
Statement on Form S-8 of Shore  Bancshares,  Inc. (the  "Company") of our report
dated  January 17, 2003 on the 2002  consolidated  financial  statements  of the
Company,  which appears on page 43 of the 2002 Annual Report to  Stockholders of
the Company that is included in the  Company's  annual  report on Form 10-K,  as
amended on Form 10-K/A, for the year ended December 31, 2002.



                                             /s/ Stegman & Company

Baltimore, Maryland
May 8, 2003