When did Shore Bancshares report Q1 2024 earnings?

Shore Bancshares (SHBI) reported Q1 2024 earnings on May 2, 2024 before market open.

What were Shore Bancshares's Q1 2024 revenue and EPS?

Shore Bancshares reported revenue of $47.7M and eps of $0.41 for Q1 2024.

Did Shore Bancshares beat estimates in Q1 2024?

Revenue beat the consensus estimate of $42.2M by $5.5M. EPS beat the consensus estimate of $0.33 by $0.08.

Where can I find Shore Bancshares's Q1 2024 SEC filings?

You can read the 10-Q periodic report (0001628280-24-022329) directly on SEC EDGAR. The filing index links above go to sec.gov.

Shore Bancshares SHBI Q1 2024 earnings

Reported May 2, 2024 · Before market open

Revenue$47.7MBeat by $5.5M

EPS$0.41Beat by $0.08

Revenue estimate$42.2M

EPS estimate$0.33

Next report

Oct 22, 2026 (in 3 months)

Revenue estimate$61.3M

EPS estimate$0.52

Financials

Q1 2024

Income statement

See full

Revenue$47.7M+53.9%

Net income$8.2M+26.7%

EPS (diluted)$0.25-21.9%

Balance sheet

See full

Cash & equivalents$114.6M+204%

Total debt$12.6M-91.1%

Total equity$515.2M+42.5%

Total assets$5.8B+63.9%

Cash flow

See full

Operating cash flow$2.4M-78.7%

CapEx$1.8M+186%

Free cash flow$614.0K-94.2%

Valuation & ratios

Valuation

as of 03/31/24

See full

Market cap$383.38M+34.9%

Enterprise value$281.37M-27.4%

P/E29.6×+20.7×

P/S2.1×-0.2×

Profitability

See full

Net margin7%-18.2pp

Returns & leverage

See full

Return on equity3%-6.0pp

Debt / equity0×-0.4×

Segments

By product

See full

Interchange income$1.6M+30.9%

Service charges on deposit accounts$1.5M+24.2%

Other noninterest income$803.0K+1.1%

Trust and investment fee income$734.0K+69.9%

Versus estimates

Revenue

Q2 2026$61.7MBeat by $1.3M Q1 2026$59.8MBeat by $1.4M Q4 2025$59.1MBeat by $1.3M Q3 2025$56.4MMiss by $1.2M Q2 2025$56.6MBeat by $870.0K Q1 2025$53.0MMiss by $768.0K

Diluted EPS

Q2 2026$0.60Beat by $0.10 Q1 2026$0.55Beat by $0.10 Q4 2025$0.53Beat by $0.04 Q3 2025$0.48Beat by $0.03 Q2 2025$0.51Beat by $0.10 Q1 2025$0.45Beat by $0.10

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Questions, answered.

When did Shore Bancshares report Q1 2024 earnings?: Shore Bancshares (SHBI) reported Q1 2024 earnings on May 2, 2024 before market open.
What were Shore Bancshares's Q1 2024 revenue and EPS?: Shore Bancshares reported revenue of $47.7M and eps of $0.41 for Q1 2024.
Did Shore Bancshares beat estimates in Q1 2024?: Revenue beat the consensus estimate of $42.2M by $5.5M. EPS beat the consensus estimate of $0.33 by $0.08.
Where can I find Shore Bancshares's Q1 2024 SEC filings?: You can read the 10-Q periodic report (0001628280-24-022329) directly on SEC EDGAR. The filing index links above go to sec.gov.