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	Sep '26 Sep 30, 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
Interest Income on Loans	286.71	280.6	269.63	194.34	99.12	64.8
Interest Income on Investments	29.79	29.42	25.71	19.74	14.72	5.37
Total Interest Income	316.5	310.03	295.34	214.08	113.85	70.17
Interest Paid on Deposits	97.83	109.2	115.3	68.8	9.98	4.46
Interest Paid on Borrowings	7.17	8.45	9.49	9.97	2.56	1.58
Total Interest Expense	105	117.65	124.79	78.77	12.54	6.04
Net Interest Income	211.5	192.38	170.55	135.31	101.3	64.13
Net Interest Income Growth	13.74%	12.80%	26.05%	33.57%	57.96%	21.93%
Trust Income	4.4	3.71	3.37	3.61	1.78	1.88
Mortgage Banking Activities	5.34	6.08	5.99	4.51	5.21	0.95
Gain (Loss) on Sale of Investments	-	-	-	-	-	0
Other Non-Interest Income	15.58	16.61	15.64	10.72	10.44	7.27
Total Non-Interest Income	31.96	32.69	31.15	24.34	23.09	13.5
Non-Interest Income Growth	-2.78%	4.95%	27.95%	5.45%	71.03%	25.57%
Revenues Before Loan Losses	243.46	225.07	201.7	159.65	124.39	77.63
Provision for Loan Losses	9.08	8.38	4.74	30.95	1.93	-0.36
Revenue	234.38	216.69	196.96	128.7	122.46	77.99
Revenue Growth	10.30%	10.02%	53.04%	5.09%	57.03%	31.19%
Salaries and Employee Benefits	73.27	69.52	64.85	55.83	45.2	28.11
Federal Deposit Insurance	3.61	3.75	4.41	3.48	1.43	1.02
Amortization of Goodwill & Intangibles	7.7	8.59	9.78	6.11	1.99	0.73
Selling, General & Administrative	43.24	41.35	39.54	29.41	19.47	13.32
Other Non-Interest Expense	14.94	14.37	14.68	10.27	10.08	5.09
Total Non-Interest Expense	142.76	137.58	133.26	105.09	78.22	48.28
EBT Excluding Unusual Items	91.63	79.12	63.7	23.6	44.24	29.71
Other Unusual Items	-0.73	-0.46	-5	7.94	-	-
Pretax Income	90.9	78.66	58.7	14.18	42.14	21.18
Income Tax Expense	22.29	19.15	14.82	2.96	10.96	5.81
Earnings From Continuing Operations	68.61	59.51	43.89	11.23	31.18	15.37
Net Income	68.61	59.51	43.89	11.23	31.18	15.37
Net Income to Common	68.61	59.51	43.89	11.23	31.18	15.37
Net Income Growth	20.58%	35.58%	290.89%	-63.99%	102.87%	-2.30%
Basic Shares Outstanding	33	33	33	27	20	13
Diluted Shares Outstanding	33	33	33	27	20	13
Shares Change	0.17%	0.37%	25.25%	33.89%	51.28%	5.96%
EPS (Basic)	2.05	1.78	1.32	0.42	1.57	1.17
EPS (Diluted)	2.05	1.78	1.32	0.42	1.57	1.17
EPS Growth	20.21%	34.92%	214.12%	-73.25%	34.02%	-7.76%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Dividend Per Share	0.520	0.480	0.480	0.480	0.480	0.480
Dividend Growth	8.33%	0%	0%	0%	0%	0%
Effective Tax Rate	24.52%	24.35%	25.24%	20.84%	26.02%	27.44%

SEC Filings: 10-K · 10-Q