Filing Flows › Shore Bancshares (SHBI) › Q3 2026
Shore Bancshares (SHBI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Shore Bancshares (SHBI) reported revenue of $62.8M for the third quarter 2026 (Q3 2026), +11% from a year earlier and +2% from the quarter before. Operating margin was 35.5%, net earnings $16.8M (26.7% of revenue).
Shore Bancshares, Q3 2026: revenue $62.8M (+11% year over year), operating margin 35.5%, net earnings $16.8M, operating cash flow $36.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $62.8M | +2% | +11% |
| Operating profit | $22.3M | -12% | +17% |
| Net earnings | $16.8M | -11% | +17% |
| Operating cash flow | $36.0M | +375% | -15% |
| Free cash flow | $35.4M | +405% | -16% |
What changed
Revenue was $62.8M in Q3 2026, up 11% year over year and up 2% from the previous quarter.
Operating profit was $22.3M, a 35.5% margin (up 1.8 points year over year). Of the extra revenue versus Q3 2025, 51% reached operating profit, above the 34% margin then. Total costs grew 8% against revenue growth of 11%. The fastest-growing cost line was Credit loss provision (+76%). Net earnings were $16.8M, up 17% year over year. The effective tax rate was 24.7%.
Operating cash flow was $36.0M (down 15% year over year), 214% of net earnings. Non-cash charges added back $713K of share-based compensation. Working capital and other items added $18.5M. Capital expenditures of $590K left free cash flow of $35.4M.
Questions
What was Shore Bancshares' revenue in the third quarter 2026?
Shore Bancshares (SHBI) reported revenue of $62.8M for the third quarter 2026 (Q3 2026), +11% from a year earlier and +2% from the quarter before.
Was Shore Bancshares profitable in the third quarter 2026?
Operating profit was $22.3M (35.5% of revenue) and net earnings $16.8M.
Source: Shore Bancshares 10-Q on SEC EDGAR.