Shore Bancshares (SHBI) Return on Equity: 2017-2023
Historic Return on Equity for Shore Bancshares (SHBI) over the last 6 years, with Sep 2023 value amounting to 0.02%.
- Shore Bancshares' Return on Equity fell 5.00% to 0.02% in Q3 2023 from the same period last year, while for Sep 2023 it was 0.02%, marking a year-over-year decrease of 5.00%. This contributed to the annual value of 0.09% for FY2022, which is 3.00% up from last year.
- Latest data reveals that Shore Bancshares reported Return on Equity of 0.02% as of Q3 2023, which was down 73.14% from 0.08% recorded in Q2 2023.
- In the past 5 years, Shore Bancshares' Return on Equity ranged from a high of 0.09% in Q1 2023 and a low of -0.00% during Q4 2019.
- Moreover, its 3-year median value for Return on Equity was 0.07% (2021), whereas its average is 0.07%.
- Its Return on Equity has fluctuated over the past 5 years, first declined by 5bps in 2019, then grew by 7bps in 2020.
- Over the past 5 years, Shore Bancshares' Return on Equity (Quarterly) stood at -0.00% in 2019, then climbed by 7bps to 0.07% in 2020, then declined by 1bps to 0.06% in 2021, then rose by 3bps to 0.09% in 2022, then decreased by 5bps to 0.02% in 2023.
- Its Return on Equity was 0.02% in Q3 2023, compared to 0.08% in Q2 2023 and 0.09% in Q1 2023.