Shore Bancshares (SHBI) Technology and Communications (2010 - 2026)
Shore Bancshares (SHBI) reported Technology and Communications of $5.8 million for Q3 2026, up 12.5% from $5.16 million a year earlier and up 8.7% from the prior quarter.
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Analysis
Shore Bancshares (SHBI) Technology and Communications (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Shore Bancshares' Technology and Communications came in at $21.47 million, up 10.0% year-over-year; for FY2025, it came in at $19.86 million, up 13.4% from FY2024.
- Technology and Communications has increased for seven consecutive years, with a five-year compound annual growth rate of 35.9% (FY2020 to FY2025).
- By year, Technology and Communications came in at $17.51 million in FY2024 (+40.5%), $12.47 million in FY2023 (+80.9%), $6.89 million in FY2022 (+37.8%) and $5 million in FY2021 (+16.6%).
- The Q3 2026 figure ranks as the highest quarterly Technology and Communications since Q4 2023.
- Year over year, Technology and Communications has now increased in each of the last seven quarters, with growth averaging 7.8% over the last eight quarters.
- The high point for year-over-year Technology and Communications in five years was Q4 2023 (growth of 247.1%); the low point was Q4 2024 (a decline of 24.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $5.34 million (Q2 2026), $5.14 million (Q1 2026) and $5.2 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Technology (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 3.34 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 2.01 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 284.73 Mn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 1.30 Bn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 674.00 Mn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | - |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | - |
| 10 | Shore Bancshares | 749.43 Mn | -659.68 Mn | - | 5.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.80 Mn |
| Jun 30, 2026 | 5.34 Mn |
| 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 | 1.49 Mn |
API Access
Shore Bancshares Technology and Communications API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=technology-and-communications&ticker=SHBI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "technology-and-communications", "ticker": "SHBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=technology-and-communications&ticker=SHBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();