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Shore Bancshares SHBI Interchange income — Noninterest income (in-scope of Topic 606)

Other product segments

Other noninterest income
$2.56M+75.7%
Service charges on deposit accounts
$1.65M+8.7%
Trust and investment fee income
$1.1M+17.1%

Similar metrics at other companies

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GABCInterchange Fee Income — Non-interest Income (in-scope of Topic 606)
$5.33M+5.4%
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PNCInterchange Fees — Total in-scope noninterest income
$196M+10.7%
Eastern Bankshares, Inc. logo
EBCOther noninterest income — Total noninterest income in-scope of ASC 606
$2.88M+3.8%
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GABCOther Revenues — Non-interest Income (in-scope of Topic 606)
$12.19M+8.0%
Eastern Bankshares, Inc. logo
EBCCard income — Total noninterest income in-scope of ASC 606
$6.04M+42.7%
Tompkins Financial logo
TMPInvestment Service Income — Noninterest Income (in-scope of ASC 606)
$5.03M+2.7%

Other financials

Income statement

See full
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$804.61M+57.2%
Enterprise value$557.13M+64.6%
P/E12.2×+2.6×
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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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)Three Months Ended March 31, 20262025
In-scope of Topic 606:
Service charges on deposit accounts$1,596$1,514
Trust and investment fee income1,137823
Interchange income1,6981,577
Other noninterest income958857
Noninterest income (in-scope of Topic 606)5,3894,771
Noninterest income (out-of-scope of Topic 606)1,8552,363
Total noninterest income$7,244$7,134

Item 1. FINANCIAL STATEMENTS

FAQ

What is Shore Bancshares's interchange income — noninterest income (in-scope of topic 606)?
Shore Bancshares (SHBI) reported interchange income — noninterest income (in-scope of topic 606) of $1.7M in Q1 2026.
How has Shore Bancshares's interchange income — noninterest income (in-scope of topic 606) changed year-over-year?
Shore Bancshares's interchange income — noninterest income (in-scope of topic 606) increased by 7.7% year-over-year, from $1.58M to $1.7M.
What is the long-term trend for Shore Bancshares's interchange income — noninterest income (in-scope of topic 606)?
Over 2 years (2023 to 2025), Shore Bancshares's interchange income — noninterest income (in-scope of topic 606) has grown at a 11.4% compound annual growth rate (CAGR), from $5.71M to $7.09M.
What does interchange income — noninterest income (in-scope of topic 606) mean?
This metric represents the revenue generated from interchange fees earned on debit and credit card transactions processed through the bank's payment services. It reflects the noninterest income derived from facilitating electronic payment processing for customers, recognized in accordance with revenue recognition standards for contracts with customers. This income stream is a key indicator of the bank's transaction volume and its ability to monetize payment processing services within its community banking segment.

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