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	Jun '26 Jun 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	284.75	280.6	269.63	194.34	99.12	64.8
Interest Income on Investments	28.65	29.42	25.71	19.74	14.72	5.37
Total Interest Income	313.41	310.03	295.34	214.08	113.85	70.17
Interest Paid on Deposits	100.97	109.2	115.3	68.8	9.98	4.46
Interest Paid on Borrowings	7.65	8.45	9.49	9.97	2.56	1.58
Total Interest Expense	108.62	117.65	124.79	78.77	12.54	6.04
Net Interest Income	204.79	192.38	170.55	135.31	101.3	64.13
Net Interest Income Growth	13.56%	12.80%	26.05%	33.57%	57.96%	21.93%
Trust Income	4.18	3.71	3.37	3.61	1.78	1.88
Mortgage Banking Activities	5.46	6.08	5.99	4.51	5.21	0.95
Gain (Loss) on Sale of Investments	-	-	-	-	-	0
Other Non-Interest Income	16.07	16.61	15.64	10.72	10.44	7.27
Total Non-Interest Income	32.22	32.69	31.15	24.34	23.09	13.5
Non-Interest Income Growth	-1.40%	4.95%	27.95%	5.45%	71.03%	25.57%
Revenues Before Loan Losses	237.01	225.07	201.7	159.65	124.39	77.63
Provision for Loan Losses	6.8	8.38	4.74	30.95	1.93	-0.36
Revenue	230.21	216.69	196.96	128.7	122.46	77.99
Revenue Growth	10.57%	10.02%	53.04%	5.09%	57.03%	31.19%
Salaries and Employee Benefits	72.48	69.52	64.85	55.83	45.2	28.11
Federal Deposit Insurance	3.6	3.75	4.41	3.48	1.43	1.02
Amortization of Goodwill & Intangibles	7.99	8.59	9.78	6.11	1.99	0.73
Selling, General & Administrative	43.56	41.35	39.54	29.41	19.47	13.32
Other Non-Interest Expense	14.44	14.37	14.68	10.27	10.08	5.09
Total Non-Interest Expense	142.07	137.58	133.26	105.09	78.22	48.28
EBT Excluding Unusual Items	88.14	79.12	63.7	23.6	44.24	29.71
Other Unusual Items	-0.53	-0.46	-5	7.94	-	-
Pretax Income	87.61	78.66	58.7	14.18	42.14	21.18
Income Tax Expense	21.42	19.15	14.82	2.96	10.96	5.81
Earnings From Continuing Operations	66.19	59.51	43.89	11.23	31.18	15.37
Net Income	66.19	59.51	43.89	11.23	31.18	15.37
Net Income to Common	66.19	59.51	43.89	11.23	31.18	15.37
Net Income Growth	23.16%	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	0.25%	0.37%	25.25%	33.89%	51.28%	5.96%
EPS (Basic)	1.98	1.78	1.32	0.42	1.57	1.17
EPS (Diluted)	1.97	1.78	1.32	0.42	1.57	1.17
EPS Growth	22.23%	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	Jun '26 Jun 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	0.500	0.480	0.480	0.480	0.480	0.480
Dividend Growth	4.17%	0%	0%	0%	0%	0%
Effective Tax Rate	24.45%	24.35%	25.24%	20.84%	26.02%	27.44%

SEC Filings: 10-K · 10-Q