Company Analysis

Shore Bancshares Inc (SHBI)

Nasdaq: SHBI · National Commercial Banks · Easton, MD · filing with the SEC since 1997
Grade4.4
◀ Past 2.6● Present 5.4▶ Future 5.8
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 2, 2026Mar 10, 2025Mar 15, 2024Mar 30, 2023Mar 31, 2022Mar 26, 2021Mar 13, 2020Mar 15, 2019Mar 16, 2018Mar 16, 2017
Revenue20,85320,91018,33515,34011,0079,2069,4648,867··
For lenders
Interest and dividend income310,028295,338214,079113,84570,16959,67759,76755,90747,963r40,652
Interest expense on deposits and borrowings117,651124,78978,772·······
Net interest income192,377170,549135,307101,30264,13052,59750,13150,63545,690r38,249
Provision for credit losses8,3754,73830,9531,925-3583,9007001,6742,2911,848
Net interest income after provision184,002165,811104,35499,37764,48848,69749,43148,96143,399r36,401
Noninterest income32,68831,14733,15923,08613,49810,74910,0209,0138,200r16,645
Noninterest expense138,035138,254123,32980,32256,80638,39937,55736,83133,640r37,147
Interest expense··78,77212,5436,0397,0809,6365,2722,2732,403
Income before income taxes78,65558,70414,18442,14121,18021,04721,89421,14317,959r15,899
Income tax expense19,14914,8152,95610,9645,8125,3175,6105,3808,734r6,261
Income from continuing operations·····15,73016,28415,7639,225·
Income from discontinued operations······-869,2342,037·
Net income including non-controlling interests···31,17715,36815,730····
Net income59,50643,88911,22831,17715,36815,73016,19824,99711,2629,638
Earnings per share, basic1.781.320.421.571.171.271.271.960.890.76
Earnings per share, diluted1.781.320.421.571.171.271.271.960.890.76
Earnings per share, basic and diluted·····1.271.27···
Weighted average shares, basic33,392,81733,267,328r26,572,217r19,847,00013,119,00012,380,00012,725,00012,739,00012,682,00012,652,000
Weighted average shares, diluted33,407,15533,285,156r26,574,110r19,847,00013,119,00012,381,00012,730,00012,753,00012,718,00012,669,000
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLosses
Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton SHBI · research, not advice