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Shore Bancshares SHBI Data processing and equipment
Data processing and equipment at other companies
Other financials
Where this comes from
Reported directly by Shore Bancshares in its filing.
Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.
The source filing: Shore Bancshares’s 8-K, filed July 23, 2026. Open the filing →
- Filed
- Jul 23, 2026, 4:00 PM EDT
- Accession
- 0001035092-26-000040
FAQ
- What is Shore Bancshares's data processing and equipment?
- Shore Bancshares (SHBI) reported data processing and equipment of $5.34M in Q2 2026.
- How has Shore Bancshares's data processing and equipment changed year-over-year?
- Shore Bancshares's data processing and equipment increased by 10.7% year-over-year, from $4.82M to $5.34M.
- What is the long-term trend for Shore Bancshares's data processing and equipment?
- Over 4 years (2021 to 2025), Shore Bancshares's data processing and equipment has grown at a 41.2% compound annual growth rate (CAGR), from $5M to $19.86M.
- What does data processing and equipment mean?
- Covers expenditures related to software licensing, hardware maintenance, cloud infrastructure, and outsourced data processing services. In the modern banking environment, this reflects the institution's commitment to digital transformation and operational scalability. Rising costs here may indicate necessary investments in cybersecurity or customer-facing digital platforms.
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