Filing Flows › Shore Bancshares (SHBI) › Q4 2025
Shore Bancshares (SHBI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 2, 2026
Shore Bancshares (SHBI) reported revenue of $59.1M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and +5% from the quarter before. Operating margin was 35.2%, net earnings $15.9M (26.9% of revenue).
Shore Bancshares, Q4 2025: revenue $59.1M (+12% year over year), operating margin 35.2%, net earnings $15.9M, operating cash flow $8.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.1M | +5% | +12% |
| Operating profit | $20.8M | +9% | +15% |
| Net earnings | $15.9M | +11% | +20% |
| Operating cash flow | $8.5M | -80% | -74% |
| Free cash flow | $7.8M | -81% | -75% |
What changed
Revenue was $59.1M in Q4 2025, up 12% year over year and up 5% from the previous quarter.
Operating profit was $20.8M, a 35.2% margin (up 0.8 points year over year). Of the extra revenue versus a year earlier, 42% reached operating profit, above the 34% margin then. Total costs grew 10% against revenue growth of 12%. The fastest-growing cost line was Credit loss provision (+262%). Net earnings were $15.9M, up 20% year over year. The effective tax rate was 23.6%.
Operating cash flow was $8.5M (down 74% year over year), 53% of net earnings. Non-cash charges added back $533K of share-based compensation. Working capital and other items used $7.9M. Capital expenditures of $677K left free cash flow of $7.8M.
Questions
What was Shore Bancshares' revenue in the fourth quarter 2025?
Shore Bancshares (SHBI) reported revenue of $59.1M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and +5% from the quarter before.
Was Shore Bancshares profitable in the fourth quarter 2025?
Operating profit was $20.8M (35.2% of revenue) and net earnings $15.9M.
Source: Shore Bancshares 10-K on SEC EDGAR.