Filing Flows › Shore Bancshares (SHBI) › Q2 2025
Shore Bancshares (SHBI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Shore Bancshares (SHBI) reported revenue of $56.6M for the second quarter 2025 (Q2 2025), +12% from a year earlier and +7% from the quarter before. Operating margin was 36.5%, net earnings $15.5M (27.4% of revenue).
Shore Bancshares, Q2 2025: revenue $56.6M (+12% year over year), operating margin 36.5%, net earnings $15.5M, operating cash flow −$8.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $56.6M | +7% | +12% |
| Operating profit | $20.6M | +13% | +38% |
| Net earnings | $15.5M | +13% | +38% |
| Operating cash flow | −$8.3M | -142% | — |
What changed
Revenue was $56.6M in Q2 2025, up 12% year over year and up 7% from the previous quarter.
Operating profit was $20.6M, a 36.5% margin (up 6.8 points year over year). Of the extra revenue versus a year earlier, 94% reached operating profit, above the 30% margin then. Total costs grew 1% against revenue growth of 12%. Net earnings were $15.5M, up 38% year over year. The effective tax rate was 24.8%.
Operating cash flow was −$8.3M. Non-cash charges added back $459K of share-based compensation. Working capital and other items used $24.3M. Capital expenditures of $881K exceeded it, leaving free cash flow of −$9.2M.
Questions
What was Shore Bancshares' revenue in the second quarter 2025?
Shore Bancshares (SHBI) reported revenue of $56.6M for the second quarter 2025 (Q2 2025), +12% from a year earlier and +7% from the quarter before.
Was Shore Bancshares profitable in the second quarter 2025?
Operating profit was $20.6M (36.5% of revenue) and net earnings $15.5M.
Source: Shore Bancshares 10-Q on SEC EDGAR.