Filing Flows › Shore Bancshares (SHBI) › Q2 2026
Shore Bancshares (SHBI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
Shore Bancshares (SHBI) reported revenue of $61.7M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +3% from the quarter before. Operating margin was 40.8%, net earnings $18.9M (30.6% of revenue).
Shore Bancshares, Q2 2026: revenue $61.7M (+9% year over year), operating margin 40.8%, net earnings $18.9M, operating cash flow $7.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.7M | +3% | +9% |
| Operating profit | $25.2M | +11% | +22% |
| Net earnings | $18.9M | +10% | +22% |
| Operating cash flow | $7.6M | -76% | — |
| Free cash flow | $7.0M | -77% | — |
What changed
Revenue was $61.7M in Q2 2026, up 9% year over year and up 3% from the previous quarter.
Operating profit was $25.2M, a 40.8% margin (up 4.3 points year over year). Of the extra revenue versus Q2 2025, 88% reached operating profit, above the 36% margin then. Total costs grew 2% against revenue growth of 9%. Net earnings were $18.9M, up 22% year over year. The effective tax rate was 25.1%.
Operating cash flow was $7.6M, 40% of net earnings. Non-cash charges added back $1.0M of share-based compensation. Working capital and other items used $12.3M. Capital expenditures of $567K left free cash flow of $7.0M.
Questions
What was Shore Bancshares' revenue in the second quarter 2026?
Shore Bancshares (SHBI) reported revenue of $61.7M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +3% from the quarter before.
Was Shore Bancshares profitable in the second quarter 2026?
Operating profit was $25.2M (40.8% of revenue) and net earnings $18.9M.
Source: Shore Bancshares 10-Q on SEC EDGAR.