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Shore Bancshares (SHBI) Interest Coverage Ratio: 2017-2023

Historic Interest Coverage Ratio for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to 1.49.

  • Shore Bancshares' Interest Coverage Ratio fell 52.37% to 1.49 in Q4 2023 from the same period last year, while for Dec 2023 it was 1.18, marking a year-over-year decrease of 72.93%. This contributed to the annual value of 1.47 for FY2024, which is 24.61% up from last year.
  • Shore Bancshares' Interest Coverage Ratio amounted to 1.49 in Q4 2023, which was up 250.34% from 0.43 recorded in Q3 2023.
  • In the past 5 years, Shore Bancshares' Interest Coverage Ratio ranged from a high of 5.95 in Q2 2022 and a low of 0.43 during Q3 2023.
  • Its 3-year average for Interest Coverage Ratio is 3.56, with a median of 3.90 in 2021.
  • In the last 5 years, Shore Bancshares' Interest Coverage Ratio spiked by 67.27% in 2020 and then tumbled by 91.52% in 2023.
  • Quarterly analysis of 5 years shows Shore Bancshares' Interest Coverage Ratio stood at 3.25 in 2019, then grew by 23.19% to 4.01 in 2020, then dropped by 18.36% to 3.27 in 2021, then fell by 4.43% to 3.13 in 2022, then crashed by 52.37% to 1.49 in 2023.
  • Its last three reported values are 1.49 in Q4 2023, 0.43 for Q3 2023, and 1.39 during Q2 2023.