Shore Bancshares (SHBI) Return on Equity (2017 - 2023)
Historic Return on Equity for Shore Bancshares (SHBI) over the last 7 years, with Q3 2023 value amounting to 0.02%.
- Shore Bancshares' Return on Equity fell 500.0% 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 500.0%. This contributed to the annual value of 0.09% for FY2022, which is 300.0% up from last year.
- Latest data reveals that Shore Bancshares reported Return on Equity of 0.02% as of Q3 2023, which was down 500.0% from 0.08% recorded in Q2 2023.
- In the past 5 years, Shore Bancshares' Return on Equity registered a high of 0.09% during Q1 2023, and its lowest value of 0.0% during Q4 2019.
- Moreover, its 5-year median value for Return on Equity was 0.06% (2022), whereas its average is 0.05%.
- In the last 5 years, Shore Bancshares' Return on Equity crashed by -500bps in 2019 and then surged by 700bps in 2020.
- Shore Bancshares' Return on Equity (Quarter) stood at 0.0% in 2019, then soared by 15565bps to 0.07% in 2020, then dropped by -19bps to 0.06% in 2021, then soared by 55bps to 0.09% in 2022, then plummeted by -76bps to 0.02% in 2023.
- Its Return on Equity stands at 0.02% for Q3 2023, versus 0.08% for Q2 2023 and 0.09% for Q1 2023.