Shore Bancshares (SHBI) Tax Rate (2010 - 2026)
Shore Bancshares' quarterly Tax Rate came in at 24.58% in Q1 2026, down 3.0% year-on-year from 25.34% in Q1 2025, and up 4.37% quarter-over-quarter from 23.55% in Q4 2025.
Shore Bancshares has reported Tax Rate for 17 years, with the latest figure at 24.58% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 3.0% year-over-year to 24.58%; the trailing twelve-month figure through Mar 2026 stood at 24.35% (down 110.0% YoY), and the FY2025 full-year result was 24.35%, down 89.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.58%, up from 23.55% in the prior quarter.
- The five-year high for Tax Rate was 33.89% in Q3 2023, with the low at 22.77% in Q1 2024.
- Average Tax Rate over 5 years is 25.99%, with a median of 25.6% recorded in 2022.
- Year-over-year, Tax Rate surged 770 bps in 2023 and sank 865 bps in 2024.
- Tracing SHBI's Tax Rate over 5 years: stood at 25.96% in 2022, then climbed by 7 bps to 27.69% in 2023, then declined by 3 bps to 26.78% in 2024, then fell by 12 bps to 23.55% in 2025, then grew by 4 bps to 24.58% in 2026.
- The last three Tax Rate figures came in at 24.58% (Q1 2026), 23.55% (Q4 2025), and 24.42% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Shore Bancshares | 675.92 Mn | 335.10 Mn | - | 24.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.58 |
| Mar 31, 2026 | 24.58 |
| Dec 31, 2025 | 23.55 |
| Dec 31, 2025 | 23.55 |
| Sep 30, 2025 | 24.42 |
| Sep 30, 2025 | 24.42 |
| Jun 30, 2025 | 24.84 |
| Jun 30, 2025 | 24.84 |
| Mar 31, 2025 | 24.61 |
| Mar 31, 2025 | 24.61 |
| Dec 31, 2024 | 26.78 |
| Dec 31, 2024 | 26.78 |
| Sep 30, 2024 | 25.24 |
| Sep 30, 2024 | 25.24 |
| Jun 30, 2024 | 25.11 |
| Jun 30, 2024 | 25.11 |
| Mar 31, 2024 | 22.77 |
| Mar 31, 2024 | 22.77 |
| Dec 31, 2023 | 27.69 |
| Dec 31, 2023 | 27.69 |
| Sep 30, 2023 | 33.89 |
| Sep 30, 2023 | 33.89 |
| Jun 30, 2023 | 27.12 |
| Jun 30, 2023 | 27.12 |
| Mar 31, 2023 | 27.38 |
| Mar 31, 2023 | 27.38 |
| Dec 31, 2022 | 25.96 |
| Dec 31, 2022 | 25.96 |
| Sep 30, 2022 | 26.19 |
| Sep 30, 2022 | 26.19 |
| Jun 30, 2022 | 26.17 |
| Jun 30, 2022 | 26.17 |
| Mar 31, 2022 | 25.60 |
| Mar 31, 2022 | 25.60 |
| Dec 31, 2021 | 31.82 |
| Dec 31, 2021 | 31.82 |
| Sep 30, 2021 | 26.41 |
| Sep 30, 2021 | 26.41 |
| Jun 30, 2021 | 26.44 |
| Jun 30, 2021 | 26.44 |
| Mar 31, 2021 | 26.41 |
| Mar 31, 2021 | 26.41 |
| Dec 31, 2020 | 67.33 |
| Dec 31, 2020 | 67.33 |
| Sep 30, 2020 | 25.19 |
| Sep 30, 2020 | 25.19 |
| Jun 30, 2020 | 25.25 |
| Jun 30, 2020 | 25.25 |
| Mar 31, 2020 | 25.25 |
| Mar 31, 2020 | 25.25 |
| Dec 31, 2019 | 21.39 |
| Dec 31, 2019 | 21.39 |
| Sep 30, 2019 | 25.08 |
| Sep 30, 2019 | 25.08 |
| Jun 30, 2019 | 26.05 |
| Jun 30, 2019 | 26.05 |
| Mar 31, 2019 | 25.51 |
| Mar 31, 2019 | 25.51 |
| Dec 31, 2018 | 23.36 |
| Dec 31, 2018 | 23.36 |
| Sep 30, 2018 | 26.56 |
| Sep 30, 2018 | 26.56 |
| Jun 30, 2018 | 25.91 |
| Jun 30, 2018 | 25.91 |
| Mar 31, 2018 | 23.54 |
| Mar 31, 2018 | 23.54 |
| Dec 31, 2017 | -25.89 |
| Dec 31, 2017 | -25.89 |
| Sep 30, 2017 | 39.99 |
| Sep 30, 2017 | 39.99 |
| Jun 30, 2017 | 39.78 |
| Jun 30, 2017 | 39.78 |
| Mar 31, 2017 | 39.94 |
| Mar 31, 2017 | 39.94 |
| Dec 31, 2016 | 43.00 |
| Dec 31, 2016 | 43.00 |
| Sep 30, 2016 | 37.26 |
| Sep 30, 2016 | 37.26 |
| Jun 30, 2016 | 38.33 |
| Jun 30, 2016 | 38.33 |
| Mar 31, 2016 | 38.42 |
| Mar 31, 2016 | 38.42 |
| Dec 31, 2015 | -72.19 |
| Dec 31, 2015 | -72.19 |
| Sep 30, 2015 | 38.60 |
| Sep 30, 2015 | 38.60 |
| Jun 30, 2015 | 38.16 |
| Jun 30, 2015 | 38.16 |
| Mar 31, 2015 | 37.93 |
| Mar 31, 2015 | 37.93 |
| Dec 31, 2014 | 37.03 |
| Dec 31, 2014 | 37.03 |
| Sep 30, 2014 | 38.02 |
| Sep 30, 2014 | 38.02 |
| Jun 30, 2014 | 38.09 |
| Jun 30, 2014 | 38.09 |
| Mar 31, 2014 | 37.75 |
| Mar 31, 2014 | 37.75 |
| Dec 31, 2013 | 36.25 |
| Dec 31, 2013 | 36.25 |
| Sep 30, 2013 | 39.43 |
| Sep 30, 2013 | 39.43 |
| Jun 30, 2013 | 28.37 |
| Jun 30, 2013 | 28.37 |
| Mar 31, 2013 | 31.90 |
| Mar 31, 2013 | 31.90 |
| Dec 31, 2012 | 39.22 |
| Dec 31, 2012 | 39.22 |
| Sep 30, 2012 | 42.70 |
| Sep 30, 2012 | 42.70 |
| Jun 30, 2012 | 30.57 |
| Jun 30, 2012 | 30.57 |
| Mar 31, 2012 | 40.46 |
| Mar 31, 2012 | 40.46 |
| Dec 31, 2011 | 21.88 |
| Dec 31, 2011 | 21.88 |
| Sep 30, 2011 | 70.53 |
| Sep 30, 2011 | 70.53 |
| Jun 30, 2011 | 12.41 |
| Jun 30, 2011 | 12.41 |
| Mar 31, 2011 | 46.49 |
| Mar 31, 2011 | 46.49 |
| Dec 31, 2010 | 36.57 |
| Dec 31, 2010 | 36.57 |
| Sep 30, 2010 | 6.17 |
| Sep 30, 2010 | 6.17 |
| Jun 30, 2010 | 31.96 |
| Jun 30, 2010 | 31.96 |