Shore Bancshares (SHBI) Net Income (2010 - 2026)
Shore Bancshares (SHBI) posted Net Income of $18.87 million for Q2 2026, up 21.7% from $15.51 million a year earlier and up 10.4% from the prior quarter.
Shore Bancshares (SHBI) Net Income (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Income at Shore Bancshares was $66.19 million, up 23.2% year-over-year; for FY2025, it was $59.51 million, up 35.6% from FY2024.
- Annual Net Income shows a five-year compound annual growth rate of 30.5% (FY2020 to FY2025).
- In prior years, Shore Bancshares' Net Income was $43.89 million in FY2024 (+290.9%), $11.23 million in FY2023 (-64.0%), $31.18 million in FY2022 (+102.9%) and $15.37 million in FY2021 (-2.3%).
- The Q2 2026 figure stands as the highest quarterly Net Income in data going back to Q2 2010.
- On a year-over-year basis, Net Income has increased in each of the last seven quarters, with growth averaging 32.4% over the last seven quarters.
- The strongest year-over-year quarter for Net Income in the past five years was Q4 2022, with growth of 208.8%; the weakest was Q2 2023, with a decline of 46.4%.
- According to Business Quant data, Net Income for the three prior quarters was $17.09 million (Q1 2026), $15.89 million (Q4 2025) and $14.35 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 904.99 Bn | 904.99 Bn | - | 15.31 Bn |
| 2 | Bank Of America | 359.14 Bn | -2,016.97 Bn | - | 6.93 Bn |
| 3 | Hsbc Holdings | 310.97 Bn | -1,792.63 Bn | - | 7.57 Bn |
| 4 | Morgan Stanley | 290.58 Bn | -253.45 Bn | - | 4.97 Bn |
| 5 | Royal Bank Of Canada | 286.38 Bn | -543.66 Bn | - | 4.32 Bn |
| 6 | Goldman Sachs | 265.79 Bn | -3,477.65 Bn | - | 5.29 Bn |
| 7 | Wells Fargo & Company | 256.92 Bn | 256.92 Bn | - | 5.95 Bn |
| 8 | Mitsubishi Ufj Financial | 245.89 Bn | -95.50 Bn | 10.89 Bn | 5.31 Bn |
| 9 | American Express | 217.65 Bn | 17.13 Bn | - | 3.71 Bn |
| 10 | Shore Bancshares | 758.28 Mn | -650.83 Mn | - | 16.77 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.77 Mn |
| Jun 30, 2026 | 18.87 Mn |
| Mar 31, 2026 | 17.09 Mn |
| Dec 31, 2025 | 15.89 Mn |
| Sep 30, 2025 | 14.35 Mn |
| Jun 30, 2025 | 15.51 Mn |
| Mar 31, 2025 | 13.76 Mn |
| Dec 31, 2024 | 13.28 Mn |
| Sep 30, 2024 | 11.19 Mn |
| Jun 30, 2024 | 11.23 Mn |
| Mar 31, 2024 | 8.18 Mn |
| Dec 31, 2023 | 10.49 Mn |
| Sep 30, 2023 | -9.74 Mn |
| Jun 30, 2023 | 4.02 Mn |
| Mar 31, 2023 | 6.46 Mn |
| Dec 31, 2022 | 8.41 Mn |
| Sep 30, 2022 | 9.66 Mn |
| Jun 30, 2022 | 7.50 Mn |
| Mar 31, 2022 | 5.61 Mn |
| Dec 31, 2021 | 2.72 Mn |
Shore Bancshares Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=SHBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "SHBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=SHBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();