Shore Bancshares, Inc. (SHBI)

Shore Bancshares Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	53.74	43.89	11.23	31.18	15.37	15.73
Depreciation & Amortization	15.95	16.04	10.94	5.86	3.09	2.48
Other Amortization	0.12	0.12	0.12	0.12	0.12	0.04
Gain (Loss) on Sale of Assets	-0.26	-0.44	0.27	0.23	0.01	0.1
Gain (Loss) on Sale of Investments	0.03	-0.49	2.95	1.57	1.62	0.14
Provision for Credit Losses	5.06	5	30.92	1.93	-0.36	3.9
Net Decrease (Increase) in Loans Originated / Sold - Operating	-1.12	-6.21	-1.64	29.14	-26.64	-
Accrued Interest Receivable	-0.18	-0.35	-0.72	-2.67	2.15	-3.16
Change in Other Net Operating Assets	-3.97	2.32	-14.53	-7.29	-1.12	2.06
Other Operating Activities	-11.78	-8.16	-16.61	-4.44	-1.19	-3.43
Operating Cash Flow	52.92	46.89	22.71	52.65	-7.5	18.43
Operating Cash Flow Growth	202.70%	106.43%	-56.86%	-	-	34.11%
Capital Expenditures	-3.77	-5.22	-5.95	-2.42	-3.45	-2.38
Sale of Property, Plant and Equipment	1.79	0.95	0.72	0.02	-	0
Cash Acquisitions	-	-	25.37	-	305.78	-
Investment in Securities	-12.68	-6.38	463.47	-135.39	-174.6	-72.07
Net Decrease (Increase) in Loans Originated / Sold - Investing	-112.98	-123.28	-308.67	-426.97	-79.77	-205.9
Other Investing Activities	4.12	-0.61	-2.64	-17.18	-9.77	0.25
Investing Cash Flow	-123.51	-134.54	172.31	-581.57	38.19	-280.08
Short-Term Debt Issued	-	-	-	35.86	3.09	-
Long-Term Debt Issued	-	50	-	-	-	24.39
Total Debt Issued	-31	50	-	35.86	3.09	24.39
Short-Term Debt Repaid	-	-	-109	-	-	-0.18
Long-Term Debt Repaid	-	-	-	-10	-	-15
Total Debt Repaid	-	-	-109	-10	-	-15.18
Net Debt Issued (Repaid)	-31	50	-109	25.86	3.09	9.21
Issuance of Common Stock	0.15	0.38	0.39	0.39	0.01	0
Repurchase of Common Stock	-	-	-	-	-0.82	-9.15
Common Dividends Paid	-16.06	-16.01	-12.73	-9.53	-6.61	-5.95
Net Increase (Decrease) in Deposit Accounts	163.61	140.73	243.24	-15.9	370.33	359.48
Financing Cash Flow	116.7	175.09	121.89	0.81	366.01	353.6
Net Cash Flow	46.1	87.44	316.91	-528.11	396.7	91.95
Free Cash Flow	49.15	41.66	16.76	50.23	-10.95	16.06
Free Cash Flow Growth	394.62%	148.60%	-66.64%	-	-	39.62%
Free Cash Flow Margin	23.60%	21.15%	13.02%	41.02%	-14.04%	27.01%
Free Cash Flow Per Share	1.47	1.25	0.63	2.53	-0.83	1.30
Cash Interest Paid	121.3	123.57	74.04	12.62	6.01	6.83
Cash Income Tax Paid	7.99	-	7.29	11.85	6.25	7.94

Updated May 8, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q