Shore Bancshares, Inc.

NasdaqGS SHBI

Shore Bancshares, Inc. Free Cash Flow for the Trailing 12 Months (TTM) ending September 30, 2024: USD 81.54 M

Shore Bancshares, Inc. Free Cash Flow is USD 81.54 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 659.86% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • Shore Bancshares, Inc. Free Cash Flow for the Trailing 12 Months (TTM) ending September 30, 2023 was USD -14.56 M, a -159.78% change year over year.
  • Shore Bancshares, Inc. Free Cash Flow for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 24.36 M, a 17.48% change year over year.
  • Shore Bancshares, Inc. Free Cash Flow for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 20.74 M, a 72.50% change year over year.
  • Shore Bancshares, Inc. Free Cash Flow for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 12.02 M, a -10.43% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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NasdaqGS: SHBI

Shore Bancshares, Inc.

CEO Mr. James M. Burke
IPO Date April 9, 2001
Location United States
Headquarters 18 East Dover Street
Employees 610
Sector Finance
Industries
Description

Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit, as well as other consumer financing products. In addition, it offers non-deposit products, such as mutual funds and annuities, and discount brokerage services; and trust, asset management, and financial planning services. Further, the company provides merchant credit card clearing, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; direct deposit of payroll; and automatic teller machine (ATM) services. It operates 29 full service branches, 30 ATMs, and 5 loan production offices in Baltimore City, Baltimore County, Howard County, Kent County, Queen Anne's County, Caroline County, Talbot County, Dorchester County, Anne Arundel County, and Worcester County in Maryland; Kent County, Delaware; and Accomack County, Virginia. The company was founded in 1876 and is headquartered in Easton, Maryland.

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StockViz Staff

January 15, 2025

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