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

Latham Group, Inc. is the larger business by last-quarter revenue ($100.0M vs $59.1M, roughly 1.7× SHORE BANCSHARES INC). On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 11.8%). SHORE BANCSHARES INC produced more free cash flow last quarter ($59.2M vs $14.1M). Over the past eight quarters, SHORE BANCSHARES INC's revenue compounded faster (11.3% CAGR vs -4.9%).

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.

Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.

SHBI vs SWIM — Head-to-Head

Bigger by revenue
SWIM
SWIM
1.7× larger
SWIM
$100.0M
$59.1M
SHBI
Growing faster (revenue YoY)
SWIM
SWIM
+2.7% gap
SWIM
14.5%
11.8%
SHBI
More free cash flow
SHBI
SHBI
$45.1M more FCF
SHBI
$59.2M
$14.1M
SWIM
Faster 2-yr revenue CAGR
SHBI
SHBI
Annualised
SHBI
11.3%
-4.9%
SWIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SHBI
SHBI
SWIM
SWIM
Revenue
$59.1M
$100.0M
Net Profit
$-7.0M
Gross Margin
28.0%
Operating Margin
35.2%
-10.7%
Net Margin
-7.0%
Revenue YoY
11.8%
14.5%
Net Profit YoY
76.0%
EPS (diluted)
$0.48
$-0.06

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
SHBI
SHBI
SWIM
SWIM
Q4 25
$59.1M
$100.0M
Q3 25
$56.4M
$161.9M
Q2 25
$56.6M
$172.6M
Q1 25
$53.0M
$111.4M
Q4 24
$52.9M
$87.3M
Q3 24
$50.5M
$150.5M
Q2 24
$50.6M
$160.1M
Q1 24
$47.7M
$110.6M
Net Profit
SHBI
SHBI
SWIM
SWIM
Q4 25
$-7.0M
Q3 25
$14.3M
$8.1M
Q2 25
$15.5M
$16.0M
Q1 25
$13.8M
$-6.0M
Q4 24
$-29.2M
Q3 24
$11.2M
$5.9M
Q2 24
$11.2M
$13.3M
Q1 24
$8.2M
$-7.9M
Gross Margin
SHBI
SHBI
SWIM
SWIM
Q4 25
28.0%
Q3 25
35.4%
Q2 25
37.1%
Q1 25
29.5%
Q4 24
24.6%
Q3 24
32.4%
Q2 24
33.1%
Q1 24
27.7%
Operating Margin
SHBI
SHBI
SWIM
SWIM
Q4 25
35.2%
-10.7%
Q3 25
33.7%
13.3%
Q2 25
36.5%
14.3%
Q1 25
34.4%
-4.4%
Q4 24
34.3%
-14.9%
Q3 24
29.6%
8.9%
Q2 24
29.7%
12.5%
Q1 24
22.2%
-1.9%
Net Margin
SHBI
SHBI
SWIM
SWIM
Q4 25
-7.0%
Q3 25
25.5%
5.0%
Q2 25
27.4%
9.3%
Q1 25
26.0%
-5.4%
Q4 24
-33.4%
Q3 24
22.1%
3.9%
Q2 24
22.2%
8.3%
Q1 24
17.2%
-7.1%
EPS (diluted)
SHBI
SHBI
SWIM
SWIM
Q4 25
$0.48
$-0.06
Q3 25
$0.43
$0.07
Q2 25
$0.46
$0.13
Q1 25
$0.41
$-0.05
Q4 24
$0.39
$-0.24
Q3 24
$0.34
$0.05
Q2 24
$0.34
$0.11
Q1 24
$0.25
$-0.07

Balance Sheet & Financial Strength

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

Metric
SHBI
SHBI
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$355.6M
Total DebtLower is stronger
$89.1M
$279.8M
Stockholders' EquityBook value
$589.9M
$405.9M
Total Assets
$6.3B
$823.2M
Debt / EquityLower = less leverage
0.15×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHBI
SHBI
SWIM
SWIM
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
SHBI
SHBI
SWIM
SWIM
Q4 25
$89.1M
$279.8M
Q3 25
$74.5M
$281.1M
Q2 25
$74.2M
$281.5M
Q1 25
$74.0M
$306.9M
Q4 24
$73.7M
$281.5M
Q3 24
$123.5M
$282.8M
Q2 24
$122.8M
$282.4M
Q1 24
$72.6M
$282.8M
Stockholders' Equity
SHBI
SHBI
SWIM
SWIM
Q4 25
$589.9M
$405.9M
Q3 25
$577.2M
$408.4M
Q2 25
$565.2M
$398.4M
Q1 25
$552.5M
$381.1M
Q4 24
$541.1M
$387.2M
Q3 24
$533.3M
$416.6M
Q2 24
$522.8M
$408.1M
Q1 24
$515.2M
$391.8M
Total Assets
SHBI
SHBI
SWIM
SWIM
Q4 25
$6.3B
$823.2M
Q3 25
$6.3B
$844.4M
Q2 25
$6.0B
$822.1M
Q1 25
$6.2B
$824.6M
Q4 24
$6.2B
$794.2M
Q3 24
$5.9B
$853.4M
Q2 24
$5.9B
$830.0M
Q1 24
$5.8B
$808.6M
Debt / Equity
SHBI
SHBI
SWIM
SWIM
Q4 25
0.15×
0.69×
Q3 25
0.13×
0.69×
Q2 25
0.13×
0.71×
Q1 25
0.13×
0.81×
Q4 24
0.14×
0.73×
Q3 24
0.23×
0.68×
Q2 24
0.23×
0.69×
Q1 24
0.14×
0.72×

Cash Flow & Capital Efficiency

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

Metric
SHBI
SHBI
SWIM
SWIM
Operating Cash FlowLast quarter
$62.4M
$23.3M
Free Cash FlowOCF − Capex
$59.2M
$14.1M
FCF MarginFCF / Revenue
100.2%
14.1%
Capex IntensityCapex / Revenue
5.4%
9.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$110.6M
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SHBI
SHBI
SWIM
SWIM
Q4 25
$62.4M
$23.3M
Q3 25
$42.5M
$51.0M
Q2 25
$-8.3M
$36.0M
Q1 25
$19.8M
$-46.9M
Q4 24
$46.9M
$6.2M
Q3 24
$9.1M
$37.2M
Q2 24
$3.0M
$52.4M
Q1 24
$2.4M
$-34.5M
Free Cash Flow
SHBI
SHBI
SWIM
SWIM
Q4 25
$59.2M
$14.1M
Q3 25
$41.9M
$45.2M
Q2 25
$-9.2M
$29.1M
Q1 25
$18.8M
$-50.3M
Q4 24
$41.7M
$-98.0K
Q3 24
$8.4M
$33.2M
Q2 24
$1.4M
$47.9M
Q1 24
$614.0K
$-39.9M
FCF Margin
SHBI
SHBI
SWIM
SWIM
Q4 25
100.2%
14.1%
Q3 25
74.3%
27.9%
Q2 25
-16.3%
16.8%
Q1 25
35.4%
-45.2%
Q4 24
78.8%
-0.1%
Q3 24
16.7%
22.1%
Q2 24
2.9%
29.9%
Q1 24
1.3%
-36.0%
Capex Intensity
SHBI
SHBI
SWIM
SWIM
Q4 25
5.4%
9.2%
Q3 25
1.0%
3.6%
Q2 25
1.6%
4.0%
Q1 25
1.9%
3.1%
Q4 24
9.9%
7.2%
Q3 24
1.2%
2.7%
Q2 24
3.1%
2.8%
Q1 24
3.7%
4.8%
Cash Conversion
SHBI
SHBI
SWIM
SWIM
Q4 25
Q3 25
2.96×
6.29×
Q2 25
-0.54×
2.25×
Q1 25
1.44×
Q4 24
Q3 24
0.81×
6.32×
Q2 24
0.27×
3.95×
Q1 24
0.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SHBI
SHBI

Segment breakdown not available.

SWIM
SWIM

In Ground Swimming Pools$50.2M50%
Covers$37.0M37%
Liners$12.7M13%

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