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Shore Bancshares SHBI Provision for Credit Losses

Provision for Credit Losses at other companies

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Southside BancsharesSBSI
$1.41M+86.0%
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$5.76M-12.8%
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Eagle BancorpEGBN
$13.38M-49.0%
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Stock Yards BancorpSYBT
$425K
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
-$1.8M-186%
M&T Bank logo
M&T BankMTB

Other financials

Income statement

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Revenue$59.8M+12.8%
Net income$17.1M+24.1%
EPS (diluted)$0.51+24.4%

Balance sheet

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Cash & equivalents$340.8M-12.4%
Total debt$10.6M-12.9%
Total equity$602.7M+9.1%
Total assets$6.2B+0.5%

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$758.78M+55.5%
Enterprise value$428.57M+286%
P/E12.1×+2.2×
P/S3.3×+0.9×

Profitability

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Net margin27.1%+3.2pp
FCF margin28.9%

Returns & leverage

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Return on equity10.9%+1.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Shore Bancshares in its filing.

Tagged under the XBRL concept us-gaap:OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal.

The official record: Shore Bancshares’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Shore Bancshares's provision for credit losses?
Shore Bancshares (SHBI) reported provision for credit losses of $1.7M in Q1 2026.
How has Shore Bancshares's provision for credit losses changed year-over-year?
Shore Bancshares's provision for credit losses decreased by 15.0% year-over-year, from $2M to $1.7M.
What is the long-term trend for Shore Bancshares's provision for credit losses?
Over 4 years (2021 to 2025), Shore Bancshares's provision for credit losses has grown at a 120.6% compound annual growth rate (CAGR), from -$358K to $8.48M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.