Shore Bancshares annual operating expenses
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Shore Bancshares Operating Expenses Growth & History (SHBI)
Shore Bancshares's operating expenses was $138.0M for fiscal 2025.
View full Shore Bancshares company overviewShore Bancshares annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $138.0M | −$219,000 | −0.16% |
| 2024 | 2024-12-31 | $138.3M | $14.9M | +12.10% |
| 2023 | 2023-12-31 | $123.3M | $43.0M | +53.54% |
| 2022 | 2022-12-31 | $80.3M | $23.5M | +41.40% |
| 2021 | 2021-12-31 | $56.8M | $18.4M | +47.94% |
| 2020 | 2020-12-31 | $38.4M | $842,000 | +2.24% |
| 2019 | 2019-12-31 | $37.6M | $726,000 | +1.97% |
| 2018 | 2018-12-31 | $36.8M | $3.2M | +9.49% |
| 2017 | 2017-12-31 | $33.6M | −$3.5M | −9.44% |
| 2016 | 2016-12-31 | $37.1M | −$203,000 | −0.54% |
| 2015 | 2015-12-31 | $37.4M | −$2.0M | −5.11% |
| 2014 | 2014-12-31 | $39.4M | −$1.3M | −3.26% |
| 2013 | 2013-12-31 | $40.7M | $1.1M | +2.86% |
| 2012 | 2012-12-31 | $39.6M | $388,000 | +0.99% |
| 2011 | 2011-12-31 | $39.2M | −$2.6M | −6.12% |
| 2010 | 2010-12-31 | $41.7M | $1.5M | +3.66% |
| 2009 | 2009-12-31 | $40.2M | — | — |
Shore Bancshares quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $35.7M | $1.3M | +3.66% |
| Q1 2026 | 2026-03-31 | $37.1M | $3.3M | +9.81% |
| Q4 2025 | 2025-12-31 | $35.5M | $1.6M | +4.58% |
| Q3 2025 | 2025-09-30 | $34.4M | $265,000 | +0.78% |
| Q2 2025 | 2025-06-30 | $34.4M | $911,000 | +2.72% |
| Q1 2025 | 2025-03-31 | $33.7M | −$3.0M | −8.04% |
| Q4 2024 | 2024-12-31 | $33.9M | $273,000 | +0.81% |
| Q3 2024 | 2024-09-30 | $34.1M | −$13.0M | −27.66% |
| Q2 2024 | 2024-06-30 | $33.5M | $11.9M | +55.03% |
| Q1 2024 | 2024-03-31 | $36.7M | $15.8M | +75.65% |
| Q4 2023 | 2023-12-31 | $33.7M | $12.7M | +60.36% |
| Q3 2023 | 2023-09-30 | $47.2M | $28.3M | +149.53% |
| Q2 2023 | 2023-06-30 | $21.6M | $1.5M | +7.53% |
| Q1 2023 | 2023-03-31 | $20.9M | $561,000 | +2.76% |
| Q4 2022 | 2022-12-31 | $21.0M | −$2.5M | −10.64% |
| Q3 2022 | 2022-09-30 | $18.9M | $7.0M | +58.35% |
| Q2 2022 | 2022-06-30 | $20.1M | $9.2M | +84.76% |
| Q1 2022 | 2022-03-31 | $20.3M | $9.8M | +93.66% |
| Q4 2021 | 2021-12-31 | $23.5M | $12.9M | +122.58% |
| Q3 2021 | 2021-09-30 | $11.9M | $2.1M | +21.40% |
| Q2 2021 | 2021-06-30 | $10.9M | $3.2M | +41.93% |
| Q1 2021 | 2021-03-31 | $10.5M | $150,000 | +1.45% |
| Q4 2020 | 2020-12-31 | $10.6M | $711,000 | +7.22% |
| Q3 2020 | 2020-09-30 | $9.8M | $447,000 | +4.76% |
| Q2 2020 | 2020-06-30 | $7.7M | −$1.3M | −14.71% |
| Q1 2020 | 2020-03-31 | $10.3M | $1.0M | +10.77% |
| Q4 2019 | 2019-12-31 | $9.8M | $629,000 | +6.83% |
| Q3 2019 | 2019-09-30 | $9.4M | $74,000 | +0.79% |
| Q2 2019 | 2019-06-30 | $9.0M | $132,000 | +1.49% |
| Q1 2019 | 2019-03-31 | $9.3M | −$109,000 | −1.15% |
| Q4 2018 | 2018-12-31 | $9.2M | $6.1M | +200.20% |
| Q3 2018 | 2018-09-30 | $9.3M | −$1.4M | −13.15% |
| Q2 2018 | 2018-06-30 | $8.9M | −$1.3M | −13.20% |
| Q1 2018 | 2018-03-31 | $9.5M | −$199,000 | −2.06% |
| Q4 2017 | 2017-12-31 | $3.1M | −$6.2M | −66.72% |
| Q3 2017 | 2017-09-30 | $10.7M | $1.5M | +16.31% |
| Q2 2017 | 2017-06-30 | $10.2M | $834,000 | +8.91% |
| Q1 2017 | 2017-03-31 | $9.7M | $312,000 | +3.34% |
| Q4 2016 | 2016-12-31 | $9.2M | $276,000 | +3.08% |
| Q3 2016 | 2016-09-30 | $9.2M | −$179,000 | −1.91% |
| Q2 2016 | 2016-06-30 | $9.4M | $65,000 | +0.70% |
| Q1 2016 | 2016-03-31 | $9.3M | −$365,000 | −3.76% |
| Q4 2015 | 2015-12-31 | $8.9M | −$560,000 | −5.89% |
| Q3 2015 | 2015-09-30 | $9.4M | −$423,000 | −4.31% |
| Q2 2015 | 2015-06-30 | $9.3M | −$617,000 | −6.22% |
| Q1 2015 | 2015-03-31 | $9.7M | −$411,000 | −4.06% |
| Q4 2014 | 2014-12-31 | $9.5M | −$958,000 | −9.15% |
| Q3 2014 | 2014-09-30 | $9.8M | −$149,000 | −1.49% |
| Q2 2014 | 2014-06-30 | $9.9M | $158,000 | +1.62% |
| Q1 2014 | 2014-03-31 | $10.1M | −$376,000 | −3.58% |
| Q4 2013 | 2013-12-31 | $10.5M | $783,000 | +8.08% |
| Q3 2013 | 2013-09-30 | $10.0M | $259,000 | +2.67% |
| Q2 2013 | 2013-06-30 | $9.8M | $96,000 | +0.99% |
| Q1 2013 | 2013-03-31 | $10.5M | −$7,000 | −0.07% |
| Q4 2012 | 2012-12-31 | $9.7M | $280,000 | +2.98% |
| Q3 2012 | 2012-09-30 | $9.7M | −$968,000 | −9.07% |
| Q2 2012 | 2012-06-30 | $9.7M | $469,000 | +5.10% |
| Q1 2012 | 2012-03-31 | $10.5M | $607,000 | +6.14% |
| Q4 2011 | 2011-12-31 | $9.4M | — | — |
| Q3 2011 | 2011-09-30 | $10.7M | −$2.0M | −15.46% |
| Q2 2011 | 2011-06-30 | $9.2M | −$494,000 | −5.10% |
| Q1 2011 | 2011-03-31 | $9.9M | — | — |
| Q3 2010 | 2010-09-30 | $12.6M | — | — |
| Q2 2010 | 2010-06-30 | $9.7M | — | — |
Shore Bancshares operating expenses trends
Over the last five fiscal years, Shore Bancshares's operating expenses increased from $38.4M to $138.0M, a change of $99.6M. The latest reported quarter, Q2 2026, shows $35.7M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shore Bancshares source filings ↗