Shore Bancshares (SHBI) Return on Sales: 2017-2023
Historic Return on Sales for Shore Bancshares (SHBI) over the last 6 years, with Dec 2023 value amounting to 0.10%.
- Shore Bancshares' Return on Sales fell 193.00% to 0.10% in Q4 2023 from the same period last year, while for Dec 2023 it was 0.10%, marking a year-over-year decrease of 193.00%. This contributed to the annual value of 0.22% for FY2024, which is 15.00% up from last year.
- Per Shore Bancshares' latest filing, its Return on Sales stood at 0.10% for Q4 2023, which was down 25.02% from 0.13% recorded in Q3 2023.
- Over the past 5 years, Shore Bancshares' Return on Sales peaked at 2.07% during Q1 2023, and registered a low of -0.00% during Q4 2019.
- Its 3-year average for Return on Sales is 1.37%, with a median of 1.43% in 2022.
- Its Return on Sales has fluctuated over the past 5 years, first soared by 148bps in 2020, then plummeted by 193bps in 2023.
- Quarterly analysis of 5 years shows Shore Bancshares' Return on Sales stood at -0.00% in 2019, then surged by 148bps to 1.47% in 2020, then dropped by 7bps to 1.40% in 2021, then surged by 63bps to 2.03% in 2022, then tumbled by 193bps to 0.10% in 2023.
- Its Return on Sales stands at 0.10% for Q4 2023, versus 0.13% for Q3 2023 and 1.90% for Q2 2023.