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
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.
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.
Average
117.07
Median
17.24
Minimum
0.99
Maximum
515.08
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
Year | Current Ratio | Change |
---|---|---|
2023 | 30.47 | -88.44% |
2022 | 263.59 | 27.97% |
2021 | 205.97 | -60.01% |
2020 | 515.08 | 262.01% |
2019 | 142.28 | 3.78% |
2018 | 3.66 | 269.76% |
2017 | 0.99 | -75.21% |
2016 | 4.00 | 76.80% |
2015 | 2.26 | -4.81% |
2014 | 2.37 | 2.39% |
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.’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),
Company | Current Ratio | Market cap |
---|---|---|
0.21 | $75.73M | |
4.41 | $124.97M | |
0 | $38.83M | |
0 | $50.73M | |
6.02 | $77.41M | |
73.91 | $71.41M | |
9.98 | $199.67M | |
0.89 | $307.95M | |
0.34 | $234.11M | |
0.06 | $228.69M | |
76.62 | $66.67M | |
0.24 | $72.63M | |
0 | $86.06M | |
0 | $78.76M | |
1.08 | $107.34M | |
8.62 | $748.69M | |
0 | $109.93M | |
29.27 | $153.58M |
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