Shore Bancshares (SHBI) Rent Expense (2010 - 2026)
Shore Bancshares (SHBI) posted quarterly Rent Expense of $2.6 million for Q1 2026, up 1.14% year-over-year from $2.5 million in Q1 2025, and up 4.31% quarter-over-quarter from $2.5 million in Q4 2025.
Shore Bancshares (SHBI) Rent Expense (2010 - 2026) Analysis & Trends
Shore Bancshares' Rent Expense history runs 17 years deep, the most recent figure standing at $2.6 million for Q1 2026.
- In Q1 2026, Rent Expense rose 1.14% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $9.9 million (up 0.79% YoY), while the FY2025 annual figure was $9.9 million, up 1.76% from the prior year.
- Rent Expense for Q1 2026 stood at $2.6 million, up from $2.5 million in the prior quarter.
- The five-year high for Rent Expense was $2.6 million in Q1 2026, with the low at $1.5 million in Q2 2022.
- The 5-year median for Rent Expense is $2.4 million (2024), against an average of $2.1 million.
- The sharpest annual moves came in 2022 and 2025: Rent Expense jumped 92.86% in 2022, then declined 0.53% in 2025.
- Shore Bancshares' Rent Expense stood at $1.7 million in 2022, then surged by 37.43% to $2.3 million in 2023, then climbed by 6.27% to $2.5 million in 2024, then slipped by 0.53% to $2.5 million in 2025, then grew by 4.31% to $2.6 million in 2026.
- Business Quant data shows SHBI's Rent Expense at $2.6 million in Q1 2026, $2.5 million in Q4 2025, and $2.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 154.00 Mn |
| 10 | Shore Bancshares | 781.43 Mn | 523.76 Mn | - | 2.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.50 Mn |
| Jun 30, 2026 | 2.50 Mn |
| Mar 31, 2026 | 2.57 Mn |
| Mar 31, 2026 | 2.57 Mn |
| Dec 31, 2025 | 2.46 Mn |
| Dec 31, 2025 | 2.46 Mn |
| Sep 30, 2025 | 2.41 Mn |
| Sep 30, 2025 | 2.41 Mn |
| Jun 30, 2025 | 2.47 Mn |
| Jun 30, 2025 | 2.47 Mn |
| Mar 31, 2025 | 2.54 Mn |
| Mar 31, 2025 | 2.54 Mn |
| Dec 31, 2024 | 2.47 Mn |
| Dec 31, 2024 | 2.47 Mn |
| Sep 30, 2024 | 2.38 Mn |
| Sep 30, 2024 | 2.38 Mn |
| Jun 30, 2024 | 2.43 Mn |
| Jun 30, 2024 | 2.43 Mn |
| Mar 31, 2024 | 2.42 Mn |
| Mar 31, 2024 | 2.42 Mn |