Shore Bancshares, Inc. (SHBI)

Shore Bancshares Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	155.02	137.51	122.46	77.99	59.45	59.45
Revenue Growth (YoY)	24.64%	12.29%	57.03%	31.19%	-0.01%	2.55%
Gross Profit	155.02	137.51	122.46	77.99	59.45	59.45
Selling, General & Admin	109.72	99.87	76.17	47.54	37.81	36.53
Other Operating Expenses	29.41	23.46	4.15	9.27	0.59	1.03
Operating Expenses	139.13	123.33	80.32	56.81	38.4	37.56
Operating Income	15.89	14.18	42.14	21.18	21.05	21.89
Other Expense / Income	-	-	-	-	-	0.11
Pretax Income	15.89	14.18	42.14	21.18	21.05	21.78
Income Tax	2.93	2.96	10.96	5.81	5.32	5.58
Net Income	12.96	11.23	31.18	15.37	15.73	16.2
Net Income Growth	-59.54%	-63.99%	102.87%	-2.30%	-2.89%	-35.20%
Shares Outstanding (Basic)	33	33	20	20	12	13
Shares Change	66.90%	66.92%	0.26%	64.57%	-5.15%	-0.48%
EPS (Basic)	0.55	0.42	1.57	1.17	1.27	1.27
EPS (Diluted)	0.55	0.42	1.57	1.17	1.27	1.27
EPS Growth	-65.84%	-73.25%	34.19%	-7.87%	0%	-35.20%
Free Cash Flow	7.49	17.48	50.22	-10.95	16.06	13.95
Free Cash Flow Per Share	0.23	0.53	2.53	-0.55	1.33	1.10
Dividend Per Share	0.480	0.480	0.480	0.480	0.480	0.420
Dividend Growth	0%	0%	0%	0%	14.29%	31.25%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	10.25%	10.31%	34.41%	27.16%	35.41%	36.83%
Profit Margin	8.36%	8.17%	25.46%	19.71%	26.46%	27.25%
Free Cash Flow Margin	4.83%	12.71%	41.00%	-14.04%	27.01%	23.47%
Effective Tax Rate	18.46%	20.84%	26.02%	27.44%	25.26%	25.63%
EBITDA	29.54	25.12	48	24.27	23.52	24.17
EBITDA Margin	19.06%	18.27%	39.20%	31.12%	39.57%	40.66%
Depreciation & Amortization	13.66	10.94	5.86	3.09	2.48	2.39
EBIT	15.89	14.18	42.14	21.18	21.05	21.78
EBIT Margin	10.25%	10.31%	34.41%	27.16%	35.41%	36.64%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).