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Fraud losses at other companies

Synchrony Financial logo
Synchrony FinancialSYF
$88M+115%
Coastal Financial logo
Coastal FinancialCCB
$4.31M+53.8%
Green Dot logo
Green DotGDOT
$23.17M-11.4%
Green Dot logo
Green DotGDOT
$14.21M-10.2%
Green Dot logo
Green DotGDOT
$0
Green Dot logo
Green DotGDOT
-$1.69M-38.8%

Other financials

Income statement

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Revenue$61.7M+9.2%
Net income$18.9M+21.7%
EPS (diluted)$0.56+21.7%

Balance sheet

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Cash & equivalents$257.7M+39.3%
Total debt$10.2M-11.6%
Total equity$616.1M+9.0%
Total assets$6.2B+1.9%

Cash flow

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Operating cash flow$31.6M+59.6%
CapEx$1.1M+6.2%
Free cash flow$30.5M+62.5%

Valuation

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Market cap$795.6M+56.1%
Enterprise value$548.12M+63.0%
P/E12×+2.5×
P/S3.4×+1.0×

Profitability

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Net margin27.9%+2.7pp
FCF margin28.9%

Returns & leverage

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Return on equity11.2%+1.3pp
Debt / equity0.0×

Where this comes from

Reported directly by Shore Bancshares in its filing.

Tagged under the XBRL concept shbi:FraudLosses.

The source filing: Shore Bancshares’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001035092-26-000030
($ in thousands, except per share data)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Legal and professional fees1,6051,613
FDIC insurance premium expense9951,091
Marketing and advertising311254
Fraud losses111105
Other noninterest expense3,8533,884
Total noninterest expense37,05633,747
Income before income taxes22,65818,257
Income tax expense5,5704,493

Item 1. FINANCIAL STATEMENTS

FAQ

What is Shore Bancshares's fraud losses?
Shore Bancshares (SHBI) reported fraud losses of $111K in Q1 2026.
How has Shore Bancshares's fraud losses changed year-over-year?
Shore Bancshares's fraud losses increased by 5.7% year-over-year, from $105K to $111K.
What is the long-term trend for Shore Bancshares's fraud losses?
Over 2 years (2023 to 2025), Shore Bancshares's fraud losses has grown at a -27.7% compound annual growth rate (CAGR), from $879K to $460K.
What does fraud losses mean?
Reflects direct financial losses incurred by the bank due to unauthorized transactions, identity theft, or other fraudulent activities. This metric serves as a key indicator of the effectiveness of the bank's internal controls and security protocols. Minimizing these losses is essential for protecting both the bank's capital and its reputation with customers.

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