Shore Bancshares (SHBI) Operating Expenses (2010 - 2026)
Shore Bancshares' Operating Expenses came in at $35.26 million for Q3 2026, up 2.6% from $34.38 million a year earlier but down 1.1% from the prior quarter.
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Analysis
Shore Bancshares (SHBI) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Shore Bancshares reported Operating Expenses of $143.49 million, up 5.1% year-over-year; for FY2025, it was $138.04 million, down 0.2% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 29.2% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $138.25 million in FY2024 (+12.1%), $123.33 million in FY2023 (+53.5%), $80.32 million in FY2022 (+41.4%) and $56.81 million in FY2021 (+47.9%).
- The five-year range for quarterly Operating Expenses is $18.9 million (Q3 2022) to $47.16 million (Q3 2023).
- Year-over-year, Operating Expenses has increased for six consecutive quarters, with growth averaging 2.1% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2023 (growth of 149.5%), and the weakest in Q3 2024 (a decline of 27.7%).
- Business Quant data shows SHBI's Operating Expenses at $35.67 million (Q2 2026), $37.06 million (Q1 2026) and $35.5 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 27.30 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 19.72 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | 8.82 Bn |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 7.02 Bn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 13.71 Bn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 11.31 Bn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 13.74 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 17.50 Bn |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 14.55 Bn |
| 10 | Shore Bancshares | 749.43 Mn | -659.68 Mn | - | 35.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.26 Mn |
| 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 |
API Access
Shore Bancshares Operating Expenses 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=operating-expenses&ticker=SHBI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SHBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();