SHBI (SHBI) financial statements
SHBI reported revenue of $21M in fiscal 2025, down 10.2% a year over 9 years.
Net income was $60M.
Free cash flow was $59M, and the company returned $16M in dividends.
The diluted share count rose 164% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SHBI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55M | $54M | $9M | $9M | $9M | $11M | $15M | $18M | $21M | $21M |
| Interest expense | $2M | $2M | $5M | $10M | $7M | $6M | $13M | $79M | — | — |
| Pre-tax income | $16M | $18M | $21M | $22M | $21M | $21M | $42M | $14M | $59M | $79M |
| Income tax | $6M | $9M | $5M | $6M | $5M | $6M | $11M | $3M | $15M | $19M |
| Net income | $10M | $11M | $25M | $16M | $16M | $15M | $31M | $11M | $44M | $60M |
| EPS (diluted) | $0.76 | $0.89 | $1.96 | $1.27 | $1.27 | $1.17 | $1.57 | $0.42 | $1.32 | $1.78 |
| Diluted shares | 13M | 13M | 13M | 13M | 12M | 13M | 20M | 27M | 33M | 33M |
| Net margin | 17.6% | 20.9% | 281.9% | 171.2% | 170.9% | 139.6% | 203.2% | 61.2% | 209.9% | 285.4% |
Balance sheet
Fiscal years, from SHBI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $76M | $32M | $67M | $95M | $187M | $584M | $55M | $372M | $460M | $356M |
| Property, plant and equipment | $17M | $23M | $23M | $24M | $25M | $52M | $51M | $82M | $82M | $80M |
| Goodwill | $12M | $18M | $18M | $18M | $18M | $63M | $63M | $63M | $63M | $63M |
| Total assets | $1.2B | $1.4B | $1.5B | $1.6B | $1.9B | $3.5B | $3.5B | $6.0B | $6.2B | $6.3B |
| Total liabilities | $1.0B | $1.2B | $1.3B | $1.4B | $1.7B | $3.1B | $3.1B | $5.5B | $5.7B | $5.7B |
| Shareholders' equity | $154M | $164M | $183M | $193M | $195M | $351M | $364M | $511M | $541M | $590M |
| Net debt | -$76M | -$32M | -$67M | -$95M | -$187M | -$584M | -$55M | -$372M | -$460M | -$356M |
Cash flow
Fiscal years, from SHBI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $19M | $20M | $18M | $14M | $18M | -$8M | $53M | $23M | $47M | $62M |
| Capital spending | $699,000 | $1M | $1M | $2M | $2M | $3M | $2M | $6M | $5M | $3M |
| Free cash flow | $18M | $18M | $17M | $11M | $16M | -$11M | $50M | $17M | $42M | $59M |
| Stock-based compensation | $334,000 | $1M | $447,000 | $149,000 | $263,000 | $378,000 | $636,000 | $1M | $2M | $2M |
| Dividends paid | $2M | $3M | $4M | $5M | $6M | $7M | $10M | $13M | $16M | $16M |
| Net borrowing | -$3M | $19M | $54M | -$60M | -$15M | $3M | $26M | -$109M | $50M | -$50M |
| Free cash flow margin | 33.4% | 33.9% | 193.6% | 121.5% | 174.4% | -99.5% | 327.5% | 91.4% | 199.2% | 284.0% |
| Dividends per share | $0.14 | $0.22 | $0.32 | $0.42 | $0.48 | $0.50 | $0.48 | $0.48 | $0.48 | $0.48 |
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Open SHBI in InvestinglyQuestions
What was SHBI's revenue in 2025?
$21M in fiscal 2025, from its 10-K filing.
How much free cash flow does SHBI generate?
$59M in fiscal 2025 (operating cash flow minus capital spending).
From SHBI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.