Shore Bancshares, Inc.

Shore Bancshares, Inc.verified

SHBI

Price:

$16.55

Market Cap:

$551.56M

Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; resi...[Read more]

Industry

Banks - Regional

IPO Date

2001-04-09

Stock Exchange

NASDAQ

Ticker

SHBI

The Current Ratio as of November 2024 (TTM) for Shore Bancshares, Inc. (SHBI) is 0.22

According to Shore Bancshares, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.22. This represents a change of 134.56% compared to the average of 0.09 of the last 4 quarters.

Shore Bancshares, Inc. (SHBI) Historical Current Ratio (quarterly & annually)

How has SHBI Current Ratio performed in the past?

The mean historical Current Ratio of Shore Bancshares, Inc. over the last ten years is 117.07. The current 0.22 Current Ratio has changed -81.58% with respect to the historical average. Over the past ten years (40 quarters), SHBI's Current Ratio was at its highest in in the March 2022 quarter at 1.48K. The Current Ratio was at its lowest in in the June 2024 quarter at 0.03.

Quarterly (TTM)
Annual

Average

117.07

Median

17.24

Minimum

0.99

Maximum

515.08

Shore Bancshares, Inc. (SHBI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Shore Bancshares, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.78%

Maximum Annual Current Ratio = 515.08

Minimum Annual Increase = -88.44%

Minimum Annual Current Ratio = 0.99

Quarterly (TTM)
Annual
YearCurrent RatioChange
202330.47-88.44%
2022263.5927.97%
2021205.97-60.01%
2020515.08262.01%
2019142.283.78%
20183.66269.76%
20170.99-75.21%
20164.0076.80%
20152.26-4.81%
20142.372.39%

Shore Bancshares, Inc. (SHBI) Average Current Ratio

How has SHBI Current Ratio performed in the past?

The current Current Ratio of Shore Bancshares, Inc. (SHBI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

166.68

5-year avg

231.48

10-year avg

117.07

Shore Bancshares, Inc. (SHBI) Current Ratio vs. Peers

How is SHBI’s Current Ratio compared to its peers?

Shore Bancshares, Inc.’s Current Ratio is greater than Oconee Federal Financial Corp. (0.21), less than HMN Financial, Inc. (4.41), greater than Home Federal Bancorp, Inc. of Louisiana (0), greater than Citizens Holding Company (0), less than HV Bancorp, Inc. (6.02), less than IF Bancorp, Inc. (73.91), less than Western New England Bancorp, Inc. (9.98), less than Colony Bankcorp, Inc. (0.89), less than Investar Holding Corporation (0.34), greater than Virginia National Bankshares Corporation (0.06), less than Cullman Bancorp, Inc. (76.62), less than TC Bancshares, Inc. (0.24), greater than Magyar Bancorp, Inc. (0), greater than Lake Shore Bancorp, Inc. (0), less than Bogota Financial Corp. (1.08), less than Southern Missouri Bancorp, Inc. (8.62), greater than Old Point Financial Corporation (0), less than The Community Financial Corporation (29.27),

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