Shore Bancshares, Inc. (SHBI) — Financial statements
Income statement, balance sheet, and cash flow for Shore Bancshares, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 343↑5.0% | 326↑36.9% | 238↑74.1% | 137↑63.7% | 84 | |
| Cost of Revenue | 126↓2.7% | 130↑18.0% | 110↑658.4% | 14↑154.7% | 6 | |
| Gross Profit | 217↑10.0% | 197↑53.0% | 129↑5.1% | 122↑57.0% | 78 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 85↑16.6% | 73↑17.7% | 62↑28.1% | 48↑53.3% | 31 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 0.34 | |
| SG&A Expenses | 85↑16.6% | 73↑17.7% | 62↑28.1% | 48↑51.6% | 32 | |
| Other Expenses | 53↓18.7% | 66↑24.3% | 53↑64.1% | 32↑28.4% | 25 | |
| Operating Expenses | 138↓0.2% | 138↑20.7% | 115↑42.6% | 80↑41.4% | 57 | |
| Total Costs & Expenses | 264↓1.4% | 268↑19.4% | 224↑136.6% | 95↑51.7% | 62 | |
| Operating Results | ||||||
| Operating Income | 79↑34.0% | 59↑313.9% | 14↓66.3% | 42↑99.0% | 21 | |
| Depreciation & Amortization | 0.12↓99.3% | 16↑46.6% | 11↑86.6% | 6↑89.9% | 3 | |
| EBITDA | 79↑5.4% | 75↑197.5% | 25↓47.7% | 48↑97.8% | 24 | |
| EBIT | 79↑34.0% | 59↑313.9% | 14↓66.3% | 42↑99.0% | 21 | |
| Interest & Other Income | ||||||
| Net Interest Income | 192↑12.8% | 171↑26.0% | 135↑33.6% | 101↑58.0% | 64 | |
| Interest Income | 310↑5.0% | 295↑38.0% | 214↑88.0% | 114↑62.2% | 70 | |
| Interest Expense | 118↓5.7% | 125↑58.4% | 79↑528.0% | 13↑107.7% | 6 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 79↑34.0% | 59↑313.9% | 14↓66.3% | 42↑99.0% | 21 | |
| Income Tax Expense | 19↑29.3% | 15↑401.2% | 3↓73.0% | 11↑88.6% | 6 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 60↑35.6% | 44↑290.9% | 11↓64.0% | 31↑102.9% | 15 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 60↑35.6% | 44↑290.9% | 11↓64.0% | 31↑102.9% | 15 | |
| Bottom-Line Net Income | 60↑35.6% | 44↑290.9% | 11↓64.0% | 31↑102.9% | 15 | |
| EPS (Basic) | 1.78↑34.8% | 1.32↑214.3% | 0.42↓73.2% | 1.57↑34.2% | 1.17 | |
| EPS (Diluted) | 1.78↑34.8% | 1.32↑214.3% | 0.42↓73.2% | 1.57↑34.2% | 1.17 | |
| Weighted Average Shares | 33↑0.2% | 33↑25.4% | 27↑33.9% | 20↑51.3% | 13 | |
| Weighted Average Diluted Shares | 33↑0.2% | 33↑25.5% | 27↑33.9% | 20↑51.3% | 13 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.