Shore Bancshares (SHBI) Research & Development (2010 - 2026)

Shore Bancshares' Research & Development history runs 17 years deep, the most recent figure standing at $5.1 million for Q1 2026.

• On a quarterly basis, Research & Development rose 9.57% year-over-year to $5.1 million in Q1 2026; TTM through Mar 2026 was $20.3 million, a 11.73% increase from a year earlier, with the FY2025 full-year figure at $19.9 million, up 13.45% from the prior year.
• Research & Development retreated to $5.1 million in Q1 2026 per SHBI's latest filing, from $5.2 million in the prior quarter.
• Across five years, Research & Development topped out at $6.4 million in Q4 2023 and bottomed at $1.6 million in Q1 2022.
• The 5-year median for Research & Development is $4.2 million (2024), against an average of $3.6 million.
• Across the five-year window, Research & Development surged 247.14% in 2023 and declined 24.72% in 2024, its largest moves.
• Year by year, Research & Development stood at $1.9 million in 2022, then jumped by 247.14% to $6.4 million in 2023, then dropped by 24.72% to $4.8 million in 2024, then gained by 7.15% to $5.2 million in 2025, then dropped by 1.1% to $5.1 million in 2026.
• Per Business Quant, the three latest SHBI Research & Development figures stand at $5.1 million (Q1 2026), $5.2 million (Q4 2025), and $5.2 million (Q3 2025).