When did Shore Bancshares report Q3 2024 earnings?

Shore Bancshares (SHBI) reported Q3 2024 earnings on October 24, 2024 before market open.

What were Shore Bancshares's Q3 2024 revenue and EPS?

Shore Bancshares reported revenue of $50.6M and eps of $0.34 for Q3 2024.

Did Shore Bancshares beat estimates in Q3 2024?

Revenue beat the consensus estimate of $43.1M by $7.4M. EPS missed the consensus estimate of $0.36 by $0.02.

Where can I find Shore Bancshares's Q3 2024 SEC filings?

You can read the 10-Q periodic report (0001628280-24-046326) directly on SEC EDGAR. The filing index links above go to sec.gov.

Shore Bancshares SHBI Q3 2024 earnings

Reported October 24, 2024 · Before market open

Revenue$50.6MBeat by $7.4M

EPS$0.34Miss by $0.02

Revenue estimate$43.1M

EPS estimate$0.36

Next report

Oct 22, 2026 (in 3 months)

Revenue estimate$61.3M

EPS estimate$0.52

Financials

Q3 2024

Income statement

See full

Revenue$50.6M-16.6%

Net income$11.2M+215%

EPS (diluted)$0.34+217%

Balance sheet

See full

Cash & equivalents$183.6M+68.9%

Total debt$11.8M-9.7%

Total equity$533.3M+6.3%

Total assets$5.9B+3.7%

Cash flow

See full

Operating cash flow$9.1M+138%

CapEx$610.0K-67.7%

Free cash flow$8.4M+133%

Valuation & ratios

Valuation

as of 09/30/24

See full

Market cap$464.94M+33.4%

Enterprise value$293.14M+15.9%

P/E11.3×-26.8×

P/S2.3×+0.1×

Profitability

See full

Net margin20.8%+14.8pp

FCF margin22.4%—

Returns & leverage

See full

Return on equity7.9%+5.8pp

Debt / equity0×0.0×

Segments

By product

See full

Interchange income$1.7M+9.9%

Service charges on deposit accounts$1.5M+2.5%

Trust and investment fee income$880.0K-54.5%

Other noninterest income$606.0K-52.1%

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 Q3 2024 earnings?: Shore Bancshares (SHBI) reported Q3 2024 earnings on October 24, 2024 before market open.
What were Shore Bancshares's Q3 2024 revenue and EPS?: Shore Bancshares reported revenue of $50.6M and eps of $0.34 for Q3 2024.
Did Shore Bancshares beat estimates in Q3 2024?: Revenue beat the consensus estimate of $43.1M by $7.4M. EPS missed the consensus estimate of $0.36 by $0.02.
Where can I find Shore Bancshares's Q3 2024 SEC filings?: You can read the 10-Q periodic report (0001628280-24-046326) directly on SEC EDGAR. The filing index links above go to sec.gov.