Financial Statements

Shore Bancshares, Inc. (SHBI)

$11.59

-0.07 (-0.60%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 150141131121-
Net Income 3115161625
Stock Dividends ----100
Dividend Paid -10-7-6-5-4
Retained Earnings 172150141131121

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 63302923-
Annual Depreciation 1374824
Capital Expenditure -2-3-2-2-1
Net PPE 6163302923

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -18181863
New Purchases -3-4-131-256-208
Intangible and Goodwill 1818186363

Shore Bancshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Shore Bancshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.