Shore Bancshares (SHBI) Operating Expenses (2010 - 2026)

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 was $37.1 million for Q1 2026 at Shore Bancshares, up from $35.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $47.2 million in Q3 2023 to a low of $18.9 million in Q3 2022.
• Historically, Operating Expenses has averaged $30.4 million across 5 years, with a median of $33.7 million in 2025.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 149.53% in 2023, then fell 27.66% in 2024.
• A 5-year view of Operating Expenses shows it stood at $21.0 million in 2022, then soared by 60.33% to $33.7 million in 2023, then increased by 0.82% to $33.9 million in 2024, then gained by 4.58% to $35.5 million in 2025, then advanced by 4.39% to $37.1 million in 2026.
• The last three Operating Expenses figures came in at $37.1 million (Q1 2026), $35.5 million (Q4 2025), and $34.4 million (Q3 2025), per Business Quant data.