Shore Bancshares, Inc. (SHBI)

Shore Bancshares Cash Flow 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
Net Income	12.96	11.23	31.18	15.37	15.73	16.2
Depreciation & Amortization	13.66	10.94	5.86	3.09	2.48	2.39
Share-Based Compensation	1.37	1.17	0.64	0.38	0.26	-0.29
Other Operating Activities	-14.1	-0.63	14.97	-26.34	-0.04	-2.1
Operating Cash Flow	13.88	22.71	52.65	-7.5	18.43	16.2
Operating Cash Flow Growth	-64.10%	-56.86%	-	-	13.78%	-11.47%
Capital Expenditures	-6.39	-5.23	-2.43	-3.45	-2.37	-2.24
Acquisitions	25.37	25.37	0	305.78	0	0
Change in Investments	202.44	152.42	-568.98	-253.94	-277.39	-17.81
Other Investing Activities	-0.15	-0.25	-10.17	-10.2	-0.32	-25.62
Investing Cash Flow	221.28	172.31	-581.57	38.19	-280.08	-45.68
Dividends Paid	-14.33	-12.73	-9.53	-6.61	-5.95	-5.35
Share Issuance / Repurchase	0.4	0.39	0.39	-0.81	-9.15	-4.54
Debt Issued / Paid	-200.5	-109	25.86	3.09	9.21	-59.59
Other Financing Activities	56.12	243.24	-15.9	370.33	359.48	129.15
Financing Cash Flow	-158.31	121.89	0.81	366.01	353.6	59.68
Net Cash Flow	76.85	316.91	-528.11	396.7	91.95	27.75
Free Cash Flow	7.49	17.48	50.22	-10.95	16.06	13.95
Free Cash Flow Growth	-79.54%	-65.19%	-	-	15.07%	-18.70%
Free Cash Flow Margin	4.83%	12.71%	41.00%	-14.04%	27.01%	23.47%
Free Cash Flow Per Share	0.23	0.53	2.53	-0.55	1.33	1.10

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).