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Side-by-side financial comparison of OR Royalties Inc. (OR) and SHORE BANCSHARES INC (SHBI). Click either name above to swap in a different company.

SHORE BANCSHARES INC is the larger business by last-quarter revenue ($59.1M vs $46.7M, roughly 1.3× OR Royalties Inc.).

OR Royalties Inc. is a Canadian company that holds royalties in gold, silver and diamond mines, principally in the form of net smelter returns and streams.Like its predecessor company, Osisko Mining, it is headquartered in Montreal, Quebec, with shares listed on the Toronto Stock Exchange and the New York Stock Exchange.

Shore Bancshares Inc. is a U.S. regional bank holding company headquartered in Maryland. It offers a full range of retail and commercial banking services, including deposit products, personal and commercial loans, and wealth management solutions, primarily serving local individual customers, small businesses and mid-sized enterprises in its operating regions.

OR vs SHBI — Head-to-Head

Bigger by revenue
SHBI
SHBI
1.3× larger
SHBI
$59.1M
$46.7M
OR

Income Statement — Q2 FY2022 vs Q4 FY2025

Metric
OR
OR
SHBI
SHBI
Revenue
$46.7M
$59.1M
Net Profit
Gross Margin
Operating Margin
35.2%
Net Margin
Revenue YoY
11.8%
Net Profit YoY
EPS (diluted)
$0.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OR
OR
SHBI
SHBI
Q4 25
$59.1M
Q3 25
$56.4M
Q2 25
$56.6M
Q1 25
$53.0M
Q4 24
$52.9M
Q3 24
$50.5M
Q2 24
$50.6M
Q1 24
$47.7M
Net Profit
OR
OR
SHBI
SHBI
Q4 25
Q3 25
$14.3M
Q2 25
$15.5M
Q1 25
$13.8M
Q4 24
Q3 24
$11.2M
Q2 24
$11.2M
Q1 24
$8.2M
Operating Margin
OR
OR
SHBI
SHBI
Q4 25
35.2%
Q3 25
33.7%
Q2 25
36.5%
Q1 25
34.4%
Q4 24
34.3%
Q3 24
29.6%
Q2 24
29.7%
Q1 24
22.2%
Net Margin
OR
OR
SHBI
SHBI
Q4 25
Q3 25
25.5%
Q2 25
27.4%
Q1 25
26.0%
Q4 24
Q3 24
22.1%
Q2 24
22.2%
Q1 24
17.2%
EPS (diluted)
OR
OR
SHBI
SHBI
Q4 25
$0.48
Q3 25
$0.43
Q2 25
$0.46
Q1 25
$0.41
Q4 24
$0.39
Q3 24
$0.34
Q2 24
$0.34
Q1 24
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OR
OR
SHBI
SHBI
Cash + ST InvestmentsLiquidity on hand
$355.6M
Total DebtLower is stronger
$222.8M
$89.1M
Stockholders' EquityBook value
$1.3B
$589.9M
Total Assets
$6.3B
Debt / EquityLower = less leverage
0.17×
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OR
OR
SHBI
SHBI
Q4 25
$355.6M
Q3 25
$416.5M
Q2 25
$185.0M
Q1 25
$389.0M
Q4 24
$459.9M
Q3 24
$183.6M
Q2 24
$138.9M
Q1 24
$114.6M
Total Debt
OR
OR
SHBI
SHBI
Q4 25
$89.1M
Q3 25
$74.5M
Q2 25
$74.2M
Q1 25
$74.0M
Q4 24
$73.7M
Q3 24
$123.5M
Q2 24
$122.8M
Q1 24
$72.6M
Stockholders' Equity
OR
OR
SHBI
SHBI
Q4 25
$589.9M
Q3 25
$577.2M
Q2 25
$565.2M
Q1 25
$552.5M
Q4 24
$541.1M
Q3 24
$533.3M
Q2 24
$522.8M
Q1 24
$515.2M
Total Assets
OR
OR
SHBI
SHBI
Q4 25
$6.3B
Q3 25
$6.3B
Q2 25
$6.0B
Q1 25
$6.2B
Q4 24
$6.2B
Q3 24
$5.9B
Q2 24
$5.9B
Q1 24
$5.8B
Debt / Equity
OR
OR
SHBI
SHBI
Q4 25
0.15×
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.23×
Q2 24
0.23×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OR
OR
SHBI
SHBI
Operating Cash FlowLast quarter
$62.4M
Free Cash FlowOCF − Capex
$59.2M
FCF MarginFCF / Revenue
100.2%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$110.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OR
OR
SHBI
SHBI
Q4 25
$62.4M
Q3 25
$42.5M
Q2 25
$-8.3M
Q1 25
$19.8M
Q4 24
$46.9M
Q3 24
$9.1M
Q2 24
$3.0M
Q1 24
$2.4M
Free Cash Flow
OR
OR
SHBI
SHBI
Q4 25
$59.2M
Q3 25
$41.9M
Q2 25
$-9.2M
Q1 25
$18.8M
Q4 24
$41.7M
Q3 24
$8.4M
Q2 24
$1.4M
Q1 24
$614.0K
FCF Margin
OR
OR
SHBI
SHBI
Q4 25
100.2%
Q3 25
74.3%
Q2 25
-16.3%
Q1 25
35.4%
Q4 24
78.8%
Q3 24
16.7%
Q2 24
2.9%
Q1 24
1.3%
Capex Intensity
OR
OR
SHBI
SHBI
Q4 25
5.4%
Q3 25
1.0%
Q2 25
1.6%
Q1 25
1.9%
Q4 24
9.9%
Q3 24
1.2%
Q2 24
3.1%
Q1 24
3.7%
Cash Conversion
OR
OR
SHBI
SHBI
Q4 25
Q3 25
2.96×
Q2 25
-0.54×
Q1 25
1.44×
Q4 24
Q3 24
0.81×
Q2 24
0.27×
Q1 24
0.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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