Shore Bancshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	411.3	192.38	170.55	135.31	101.3	64.13
Net Interest Income Growth	69.29%	12.80%	26.05%	33.57%	57.96%	21.93%
Non-Interest Income	29.02	32.69	31.15	33.16	23.09	13.5
Non-Interest Income Growth	21.40%	4.95%	-6.07%	43.63%	71.03%	25.57%
Revenues Before Loan Losses	440.32	225.07	201.7	168.47	124.39	77.63
Provision for Credit Losses	7.43	8.38	4.74	30.95	1.93	-0.36
Revenue	432.88	216.69	196.96	137.51	122.46	77.99
Revenue Growth (YoY)	65.53%	10.02%	43.23%	12.29%	57.03%	31.19%
Compensation Expenses	74.61	71.41	66.58	57	45.84	28.48
Selling, General & Admin	40.52	39.46	37.81	28.23	18.83	12.61
Other Non-Interest Expenses	26.85	27.17	33.87	38.09	15.65	15.72
Total Non-Interest Expense	141.98	138.04	138.25	123.33	80.32	56.81
Pretax Income	83.06	78.66	58.7	14.18	42.14	21.18
Provision for Income Taxes	20.23	19.15	14.82	2.96	10.96	5.81
Net Income	62.83	59.51	43.89	11.23	31.18	15.37
Net Income to Common	62.83	59.51	43.89	11.23	31.18	15.37
Net Income Growth	27.01%	35.58%	290.89%	-63.99%	102.87%	-2.30%
Shares Outstanding (Basic)	33	33	33	27	20	13
Shares Outstanding (Diluted)	33	33	33	27	20	13
Shares Change (YoY)	0.30%	0.37%	25.25%	33.89%	51.28%	5.97%
EPS (Basic)	1.88	1.78	1.32	0.42	1.57	1.17
EPS (Diluted)	1.88	1.78	1.32	0.42	1.57	1.17
EPS Growth	26.17%	34.85%	214.29%	-73.25%	34.19%	-7.87%
Shares Outstanding	33.42	33.41	33.33	33.16	19.87	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	0.480
Profit Margin	14.51%	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%	24.35%	25.24%	20.84%	26.02%	27.44%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q