Shore Bancshares (SHBI) Rent Expense (2010 - 2026)

Shore Bancshares' Rent Expense history runs 17 years deep, the most recent figure standing at $2.6 million for Q1 2026.

• On a quarterly basis, Rent Expense rose 1.14% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was $9.9 million, a 0.79% increase from a year earlier, with the FY2025 full-year figure at $9.9 million, up 1.76% from the prior year.
• Rent Expense grew to $2.6 million in Q1 2026 per SHBI's latest filing, from $2.5 million in the prior quarter.
• Across five years, Rent Expense topped out at $2.6 million in Q1 2026 and bottomed 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.
• Across the five-year window, Rent Expense jumped 92.86% in 2022 and decreased 0.53% in 2025, its largest moves.
• Year by year, Rent Expense stood at $1.7 million in 2022, then soared by 37.43% to $2.3 million in 2023, then grew by 6.27% to $2.5 million in 2024, then dropped by 0.53% to $2.5 million in 2025, then increased by 4.31% to $2.6 million in 2026.
• Per Business Quant, the three latest SHBI Rent Expense figures stand at $2.6 million (Q1 2026), $2.5 million (Q4 2025), and $2.4 million (Q3 2025).