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

Shore Bancshares has reported Research & Development for 17 years, with the latest figure at $5.3 million in Q2 2026.

• On a quarterly basis, Research & Development rose 10.71% year-over-year to $5.3 million in Q2 2026; TTM through Jun 2026 was $20.8 million, a 10.91% increase from a year earlier, with the FY2025 full-year figure at $19.9 million, up 13.45% from the prior year.
• Research & Development was $5.3 million for Q2 2026 at Shore Bancshares, up from $5.1 million in the prior quarter.
• The five-year high for Research & Development was $6.4 million in Q4 2023, with the low at $1.6 million in Q1 2022.
• Average Research & Development over 5 years is $3.7 million, with a median of $4.3 million recorded in 2024.
• The sharpest annual moves came in 2023 and 2024: Research & Development jumped 247.14% in 2023, then dropped 24.72% in 2024.
• Over 5 years, Research & Development stood at $1.9 million in 2022, then surged by 247.14% to $6.4 million in 2023, then declined by 24.72% to $4.8 million in 2024, then advanced by 7.15% to $5.2 million in 2025, then increased by 2.66% to $5.3 million in 2026.
• The last three Research & Development figures came in at $5.3 million (Q2 2026), $5.1 million (Q1 2026), and $5.2 million (Q4 2025), per Business Quant data.