Shore Bancshares financials
$22.48−1.40%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $342.7M | $326.5M | $247.2M | $136.9M | $83.7M | $70.4M | $69.8M | $64.9M | $56.2M | $57.1M |
| Gross profit | $225.1M | $201.7M | $168.5M | $124.4M | $77.6M | $63.3M | $60.2M | $59.6M | $53.9M | $54.7M |
| Gross margin | 65.7% | 61.8% | 68.1% | 90.8% | 92.8% | 89.9% | 86.2% | 91.9% | 96.0% | 95.8% |
| Operating income | $78.7M | $58.7M | $14.2M | $42.1M | $21.2M | $21.0M | $21.9M | $21.1M | $18.0M | $15.9M |
| Net income | $59.5M | $43.9M | $11.2M | $31.2M | $15.4M | $15.7M | $16.2M | $25.0M | $11.3M | $9.6M |
| Net margin | 17.4% | 13.4% | 4.5% | 22.8% | 18.4% | 22.3% | 23.2% | 38.5% | 20.1% | 16.9% |
| Diluted EPS | $1.78 | $1.32 | $0.42 | $1.57 | $1.17 | $1.27 | $1.27 | $1.96 | $0.89 | $0.76 |
| EBITDA | $78.7M | $58.7M | $31.5M | $44.2M | $31.5M | $23.3M | $24.1M | $23.1M | $20.5M | $18.3M |
| Operating cash flow | $62.4M | $46.9M | $22.7M | $52.6M | -$7.5M | $18.4M | $13.7M | $18.3M | $19.5M | $19.0M |
| Free cash flow | $60.1M | $42.6M | $17.5M | $50.2M | -$11.0M | $16.1M | $11.5M | $17.2M | $18.3M | $18.3M |
| Diluted shares | 33.4M | 33.3M | 26.6M | 19.8M | 13.1M | 12.4M | 12.7M | 12.8M | 12.7M | 12.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $50.2M | $44.0M | $63.2M | $37.7M | $16.9M | $16.7M |
| Short-term investments | $964.8M | $1.07B | $956.6M | $673.3M | $1.09B | $380.5M |
| Total debt | $89.1M | $123.7M | $72.7M | $83.1M | $52.9M | $24.4M |
| Total assets | $6.26B | $6.23B | $6.01B | $3.48B | $3.46B | $1.93B |
| Total liabilities | $5.67B | $5.69B | $5.50B | $3.11B | $3.11B | $1.74B |
| Shareholders' equity | $589.9M | $541.1M | $511.1M | $364.3M | $350.7M | $195.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology