Shore Bancshares (SHBI) Operating Expenses (2010 - 2026)
Shore Bancshares (SHBI) posted quarterly Operating Expenses of $37.1 million for Q1 2026, up 9.81% year-over-year from $33.7 million in Q1 2025, and up 4.39% quarter-over-quarter from $35.5 million in Q4 2025.
Shore Bancshares (SHBI) Operating Expenses (2010 - 2026) Analysis & Trends
Shore Bancshares' Operating Expenses history runs 17 years deep, the most recent figure standing at $37.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 9.81% year-over-year to $37.1 million; the TTM figure through Mar 2026 stood at $141.3 million (up 4.46% YoY), while the FY2025 annual figure was $138.0 million, changed 0.16% from the prior year.
- Operating Expenses for Q1 2026 stood at $37.1 million, up from $35.5 million in the prior quarter.
- The five-year high for Operating Expenses was $47.2 million in Q3 2023, with the low at $18.9 million in Q3 2022.
- The 5-year median for Operating Expenses is $33.7 million (2025), against an average of $30.4 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 149.53% in 2023, then declined 27.66% in 2024.
- Shore Bancshares' Operating Expenses stood at $21.0 million in 2022, then surged by 60.33% to $33.7 million in 2023, then grew by 0.82% to $33.9 million in 2024, then rose by 4.58% to $35.5 million in 2025, then gained by 4.39% to $37.1 million in 2026.
- Business Quant data shows SHBI's Operating Expenses at $37.1 million in Q1 2026, $35.5 million in Q4 2025, and $34.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.84 Bn | 84.64 Bn | - | - |
| 2 | Pnc Financial Services | 97.97 Bn | 97.97 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.43 Bn | 96.43 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.17 Bn | -81.14 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.88 Bn | 57.19 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.81 Bn | 61.81 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.96 Bn | 26.24 Bn | - | 2.11 Bn |
| 10 | Shore Bancshares | 777.91 Mn | 520.24 Mn | - | 35.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.67 Mn |
| Mar 31, 2026 | 37.06 Mn |
| Dec 31, 2025 | 35.50 Mn |
| Sep 30, 2025 | 34.38 Mn |
| Jun 30, 2025 | 34.41 Mn |
| Mar 31, 2025 | 33.75 Mn |
| Dec 31, 2024 | 33.94 Mn |
| Sep 30, 2024 | 34.11 Mn |
| Jun 30, 2024 | 33.50 Mn |
| Mar 31, 2024 | 36.70 Mn |
| Dec 31, 2023 | 33.67 Mn |
| Sep 30, 2023 | 47.16 Mn |
| Jun 30, 2023 | 21.61 Mn |
| Mar 31, 2023 | 20.89 Mn |
| Dec 31, 2022 | 21.00 Mn |
| Sep 30, 2022 | 18.90 Mn |
| Jun 30, 2022 | 20.09 Mn |
| Mar 31, 2022 | 20.33 Mn |
| Dec 31, 2021 | 23.50 Mn |
| Sep 30, 2021 | 11.94 Mn |