Shore Bancshares, Inc. (SHBI)

Shore Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	192.38	170.55	135.31	101.3	64.13
Net Interest Income Growth	12.80%	26.05%	33.57%	57.96%	21.93%
Non-Interest Income	32.69	31.15	33.16	23.09	13.5
Non-Interest Income Growth	4.95%	-6.07%	43.63%	71.03%	25.57%
Revenues Before Loan Losses	225.07	201.7	168.47	124.39	77.63
Provision for Credit Losses	8.38	4.74	30.95	1.93	-0.36
Revenue	216.69	196.96	137.51	122.46	77.99
Revenue Growth (YoY)	10.02%	43.23%	12.29%	57.03%	31.19%
Compensation Expenses	71.41	66.58	57	45.84	28.48
Selling, General & Admin	39.46	37.81	28.23	18.83	12.61
Other Non-Interest Expenses	27.17	33.87	38.09	15.65	15.72
Total Non-Interest Expense	138.04	138.25	123.33	80.32	56.81
Pretax Income	78.66	58.7	14.18	42.14	21.18
Provision for Income Taxes	19.15	14.82	2.96	10.96	5.81
Net Income	59.51	43.89	11.23	31.18	15.37
Net Income to Common	59.51	43.89	11.23	31.18	15.37
Net Income Growth	35.58%	290.89%	-63.99%	102.87%	-2.30%
Shares Outstanding (Basic)	33	33	27	20	13
Shares Outstanding (Diluted)	33	33	27	20	13
Shares Change (YoY)	0.37%	25.25%	33.89%	51.28%	5.97%
EPS (Basic)	1.78	1.32	0.42	1.57	1.17
EPS (Diluted)	1.78	1.32	0.42	1.57	1.17
EPS Growth	34.85%	214.29%	-73.25%	34.19%	-7.87%
Shares Outstanding	33.41	33.33	33.16	19.86	19.81
Free Cash Flow	59.22	41.66	16.76	50.23	-10.95
Free Cash Flow Growth	42.15%	148.60%	-66.64%	-	-
Free Cash Flow Per Share	1.77	1.25	0.63	2.53	-0.83
Dividends Per Share	0.480	0.480	0.480	0.480	0.480
Profit Margin	27.46%	22.28%	8.17%	25.46%	19.71%
FCF Margin	27.33%	21.15%	12.19%	41.02%	-14.04%
EBITDA	15.33	16.04	10.94	5.86	3.09
EBITDA Margin	7.08%	8.14%	7.95%	4.79%	3.96%
Effective Tax Rate	24.35%	25.24%	20.84%	26.02%	27.44%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q