Shore Bancshares (SHBI) Research & Development (2010 - 2026)
Shore Bancshares' quarterly Research & Development came in at $5.1 million in Q1 2026, up 9.57% year-on-year from $4.7 million in Q1 2025, and down 1.1% quarter-over-quarter from $5.2 million in Q4 2025.
Shore Bancshares has reported Research & Development for 17 years, with the latest figure at $5.1 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 9.57% year-over-year to $5.1 million; the trailing twelve-month figure through Mar 2026 stood at $20.3 million (up 11.73% YoY), and the FY2025 full-year result was $19.9 million, up 13.45% from the prior year.
- Research & Development for Q1 2026 stood at $5.1 million, down from $5.2 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 $3.6 million, with a median of $4.2 million recorded in 2024.
- Year-over-year, Research & Development surged 247.14% in 2023 and declined 24.72% in 2024.
- Tracing SHBI's Research & Development over 5 years: 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 declined by 1.1% to $5.1 million in 2026.
- The last three Research & Development figures came in at $5.1 million (Q1 2026), $5.2 million (Q4 2025), and $5.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 1.10 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 554,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | Shore Bancshares | 675.92 Mn | 335.10 Mn | - | 5.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.14 Mn |
| Dec 31, 2025 | 5.20 Mn |
| Sep 30, 2025 | 5.16 Mn |
| Jun 30, 2025 | 4.82 Mn |
| Mar 31, 2025 | 4.69 Mn |
| Dec 31, 2024 | 4.85 Mn |
| Sep 30, 2024 | 4.42 Mn |
| Jun 30, 2024 | 4.22 Mn |
| Mar 31, 2024 | 4.02 Mn |
| Dec 31, 2023 | 6.44 Mn |
| Sep 30, 2023 | 2.49 Mn |
| Jun 30, 2023 | 1.74 Mn |
| Mar 31, 2023 | 1.80 Mn |
| Dec 31, 2022 | 1.86 Mn |
| Sep 30, 2022 | 1.76 Mn |
| Jun 30, 2022 | 1.67 Mn |
| Mar 31, 2022 | 1.61 Mn |
| Dec 31, 2021 | -3.30 Mn |
| Sep 30, 2021 | 1.17 Mn |
| Jun 30, 2021 | 1.22 Mn |
| Mar 31, 2021 | 1.13 Mn |
| Dec 31, 2020 | -3.02 Mn |
| Sep 30, 2020 | 1.11 Mn |
| Jun 30, 2020 | 1.04 Mn |
| Mar 31, 2020 | 1.04 Mn |
| Dec 31, 2019 | 989,000.00 |
| Sep 30, 2019 | 972,000.00 |
| Jun 30, 2019 | 919,000.00 |
| Mar 31, 2019 | 910,000.00 |
| Dec 31, 2018 | 844,000.00 |
| Sep 30, 2018 | 930,000.00 |
| Jun 30, 2018 | 689,000.00 |
| Mar 31, 2018 | 868,000.00 |
| Dec 31, 2017 | 752,000.00 |
| Sep 30, 2017 | 922,000.00 |
| Jun 30, 2017 | 1.02 Mn |
| Mar 31, 2017 | 872,000.00 |
| Dec 31, 2016 | 857,000.00 |
| Sep 30, 2016 | 976,000.00 |
| Jun 30, 2016 | 854,000.00 |
| Mar 31, 2016 | 809,000.00 |
| Dec 31, 2015 | -2.15 Mn |
| Sep 30, 2015 | 800,000.00 |
| Jun 30, 2015 | 868,000.00 |
| Mar 31, 2015 | 783,000.00 |
| Dec 31, 2014 | -1.95 Mn |
| Sep 30, 2014 | 741,000.00 |
| Jun 30, 2014 | 739,000.00 |
| Mar 31, 2014 | 760,000.00 |
| Dec 31, 2013 | 773,000.00 |
| Sep 30, 2013 | 718,000.00 |
| Jun 30, 2013 | 706,000.00 |
| Mar 31, 2013 | 703,000.00 |
| Dec 31, 2012 | 654,000.00 |
| Sep 30, 2012 | 703,000.00 |
| Jun 30, 2012 | 694,000.00 |
| Mar 31, 2012 | 666,000.00 |
| Dec 31, 2011 | 660,000.00 |
| Sep 30, 2011 | 661,000.00 |
| Jun 30, 2011 | 680,000.00 |
| Mar 31, 2011 | 851,000.00 |
| Dec 31, 2010 | 620,000.00 |
| Sep 30, 2010 | 696,000.00 |
| Jun 30, 2010 | 660,000.00 |