Shore Bancshares (SHBI) Financials: History & Chart

Shore Bancshares, Inc.(SHBI)

Banks - Regional · Easton, MD

$22.73-0.10 (-0.44%)

Delayed quote: Oct 6, 2026, 3:10 PM EDT

About Shore Bancshares, Inc.

Shore Bancshares, Inc. operates as a bank holding company for Shore United Bank, N.A. that provides various consumer and commercial banking products and services to individuals, businesses, and other organizations in the United States. The company offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as certificate of deposit account registry service programs and cash management services. It also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit, as well as other consumer financing products. In addition, the company offers trust, wealth management, and financial planning services; treasury management services, such as merchant card processing, remote deposit capture, and ACH origination, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; and automatic teller machine services. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

Easton, MD

602 employees

www.shorebancshares.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: James Burke

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	346.12M	86.78M	85.64M	88.82M	84.89M	85.94M	83.07M	85.26M	81.98M
Cost of Goods Sold	115.91M	25.92M	25.92M	32.54M	31.52M	30.90M	31.06M	33.17M	32.90M
Gross Profit	230.21M	60.85M	59.71M	56.28M	53.36M	55.04M	52.00M	52.08M	49.08M
Gross Profit Margin	66.5%	70.1%	69.7%	63.4%	62.9%	64.0%	62.6%	61.1%	59.9%
Total Operating Expenses	142.60M	35.67M	37.06M	35.50M	34.38M	34.41M	33.75M	33.94M	34.11M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	99.85M	29.04M	23.06M	27.39M	20.36M	18.98M	17.88M	18.68M	18.13M
Operating Income (EBIT)	87.61M	25.18M	22.66M	20.78M	18.98M	20.63M	18.26M	18.14M	14.97M
Operating Margin	25.3%	29.0%	26.5%	23.4%	22.4%	24.0%	22.0%	21.3%	18.3%
Income Before Tax (EBT)	87.61M	25.18M	22.66M	20.78M	18.98M	20.63M	18.26M	18.14M	14.97M
Interest Income	314.13M	78.39M	78.39M	80.16M	77.19M	76.62M	76.06M	76.40M	74.69M
Interest Expense	109.92M	25.84M	25.84M	29.72M	28.53M	29.37M	30.03M	32.39M	31.43M
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	66.19M	18.86M	17.09M	15.89M	14.35M	15.51M	13.76M	13.28M	11.19M
Income Tax Expense	21.42M	6.32M	5.57M	4.89M	4.64M	5.13M	4.49M	4.86M	3.78M
Net Profit Margin	19.1%	21.7%	20.0%	17.9%	16.9%	18.0%	16.6%	15.6%	13.6%
EBITDA	101.97M	28.76M	26.24M	24.37M	22.60M	24.68M	22.33M	22.14M	18.79M
EBITDA Margin	29.5%	33.1%	30.6%	27.4%	26.6%	28.7%	26.9%	26.0%	22.9%
Depreciation & Amortization	14.36M	3.58M	3.58M	3.59M	3.62M	4.05M	4.08M	4.00M	3.82M
EPS Basic	1.99	0.57	0.51	0.48	0.43	0.46	0.41	0.40	0.34
EPS Diluted	1.98	0.56	0.51	0.48	0.43	0.46	0.41	0.40	0.34
Weighted Average Basic Shares	33.44M	33.44M	33.43M	33.43M	33.38M	33.37M	33.35M	33.33M	33.32M
Weighted Average Diluted Shares	33.46M	33.46M	33.45M	33.45M	33.39M	33.39M	33.38M	33.36M	33.34M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	342.72M	326.49M	238.42M	136.93M	83.67M	70.43M	69.79M	64.40M
Cost of Goods Sold	126.03M	129.53M	109.72M	14.47M	5.68M	10.98M	10.34M	6.95M
Gross Profit	216.69M	196.96M	128.70M	122.46M	77.99M	59.45M	59.45M	57.46M
Gross Profit Margin	63.2%	60.3%	54.0%	89.4%	93.2%	84.4%	85.2%	89.2%
Total Operating Expenses	138.03M	138.25M	114.51M	80.32M	56.81M	38.40M	37.56M	36.31M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	84.62M	72.55M	61.64M	48.10M	31.72M	23.80M	23.27M	23.63M
Operating Income (EBIT)	78.66M	58.70M	14.18M	42.14M	21.18M	21.05M	21.89M	21.14M
Operating Margin	23.0%	18.0%	5.9%	30.8%	25.3%	29.9%	31.4%	32.8%
Income Before Tax (EBT)	78.66M	58.70M	14.18M	42.14M	21.18M	21.05M	21.89M	21.14M
Interest Income	310.03M	295.34M	214.08M	113.84M	70.17M	59.68M	59.77M	55.91M
Interest Expense	117.65M	124.79M	78.77M	12.54M	6.04M	7.08M	9.64M	5.27M
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	59.51M	43.89M	11.23M	31.18M	15.37M	15.73M	16.20M	25.00M
Income Tax Expense	19.15M	14.81M	2.96M	10.96M	5.81M	5.32M	5.61M	5.38M
Net Profit Margin	17.4%	13.4%	4.7%	22.8%	18.4%	22.3%	23.2%	38.8%
EBITDA	78.77M	74.74M	25.12M	48.00M	24.27M	23.52M	24.29M	23.44M
EBITDA Margin	23.0%	22.9%	10.5%	35.1%	29.0%	33.4%	34.8%	36.4%
Depreciation & Amortization	119K	16.04M	10.94M	5.86M	3.09M	2.48M	2.39M	2.30M
EPS Basic	1.78	1.32	0.42	1.57	1.17	1.27	1.27	1.96
EPS Diluted	1.78	1.32	0.42	1.57	1.17	1.27	1.27	1.96
Weighted Average Basic Shares	33.39M	33.32M	26.57M	19.85M	13.12M	12.38M	12.72M	12.74M
Weighted Average Diluted Shares	33.41M	33.34M	26.57M	19.85M	13.12M	12.38M	12.73M	12.75M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.