Shore Bancshares (SHBI) Times Interest Earned: 2017-2023
Historic Times Interest Earned for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to $1.49.
- Shore Bancshares' Times Interest Earned 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.
- Latest data reveals that Shore Bancshares reported Times Interest Earned of $1.49 as of Q4 2023, which was up 250.34% from $0.43 recorded in Q3 2023.
- Shore Bancshares' 5-year Times Interest Earned high stood at $5.95 for Q2 2022, and its period low was $0.43 during Q3 2023.
- In the last 3 years, Shore Bancshares' Times Interest Earned had a median value of $3.90 in 2021 and averaged $3.56.
- In the last 5 years, Shore Bancshares' Times Interest Earned spiked by 67.27% in 2020 and then slumped by 91.52% in 2023.
- Quarterly analysis of 5 years shows Shore Bancshares' Times Interest Earned stood at $3.25 in 2019, then increased by 23.19% to $4.01 in 2020, then dropped by 18.36% to $3.27 in 2021, then dropped by 4.43% to $3.13 in 2022, then slumped by 52.37% to $1.49 in 2023.
- Its Times Interest Earned stands at $1.49 for Q4 2023, versus $0.43 for Q3 2023 and $1.39 for Q2 2023.