Shore Bancshares Past Earnings Performance
Past criteria checks 1/6
Shore Bancshares has been growing earnings at an average annual rate of 7.4%, while the Banks industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 19.9% per year. Shore Bancshares's return on equity is 2.2%, and it has net margins of 8.7%.
Key information
7.4%
Earnings growth rate
-4.7%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 19.9% |
| Return on equity | 2.2% |
| Net Margin | 8.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12
Nov 12
With EPS Growth And More, Shore Bancshares (NASDAQ:SHBI) Makes An Interesting Case
Mar 14Shore Bancshares to commence up to $5.0M share repurchase program
Jul 06Analysts Are Betting On Shore Bancshares, Inc. (NASDAQ:SHBI) With A Big Upgrade This Week
Feb 18Shore Bancshares (NASDAQ:SHBI) Will Pay A Dividend Of US$0.12
Nov 06Shore Bancshares (NASDAQ:SHBI) Is Due To Pay A Dividend Of US$0.12
Aug 08Here's Why We Think Shore Bancshares (NASDAQ:SHBI) Is Well Worth Watching
Jun 14We Think Some Shareholders May Hesitate To Increase Shore Bancshares, Inc.'s (NASDAQ:SHBI) CEO Compensation
May 06What Is The Ownership Structure Like For Shore Bancshares, Inc. (NASDAQ:SHBI)?
Mar 15Shore Bancshares, Inc. (NASDAQ:SHBI) Passed Our Checks, And It's About To Pay A US$0.12 Dividend
Feb 07Shore Bancshares declares $0.12 dividend
Feb 03How Does Shore Bancshares, Inc. (NASDAQ:SHBI) Fare As A Dividend Stock?
Jan 12Update: Shore Bancshares (NASDAQ:SHBI) Stock Gained 34% In The Last Five Years
Dec 07Shore Bancshares launches new stock repurchase plan
Nov 24Revenue & Expenses BreakdownBeta
How Shore Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 129 | 11 | 82 | 0 |
| 30 Sep 23 | 113 | 9 | 75 | 0 |
| 30 Jun 23 | 121 | 29 | 66 | 0 |
| 31 Mar 23 | 124 | 32 | 65 | 0 |
| 31 Dec 22 | 122 | 31 | 65 | 0 |
| 30 Sep 22 | 118 | 25 | 62 | 0 |
| 30 Jun 22 | 104 | 20 | 56 | 0 |
| 31 Mar 22 | 90 | 17 | 49 | 0 |
| 31 Dec 21 | 78 | 15 | 41 | 0 |
| 30 Sep 21 | 66 | 17 | 37 | 0 |
| 30 Jun 21 | 62 | 15 | 36 | 0 |
| 31 Mar 21 | 61 | 17 | 33 | 0 |
| 31 Dec 20 | 59 | 16 | 33 | 0 |
| 30 Sep 20 | 59 | 16 | 32 | 0 |
| 30 Jun 20 | 60 | 17 | 32 | 0 |
| 31 Mar 20 | 59 | 16 | 33 | 0 |
| 31 Dec 19 | 59 | 16 | 31 | 0 |
| 30 Sep 19 | 59 | 16 | 30 | 0 |
| 30 Jun 19 | 59 | 16 | 30 | 0 |
| 31 Mar 19 | 58 | 16 | 30 | 0 |
| 31 Dec 18 | 58 | 16 | 30 | 0 |
| 30 Sep 18 | 50 | 13 | 26 | 0 |
| 30 Jun 18 | 52 | 12 | 27 | 0 |
| 31 Mar 18 | 51 | 10 | 28 | 0 |
| 31 Dec 17 | 52 | 9 | 29 | 0 |
| 30 Sep 17 | 58 | 11 | 34 | 0 |
| 30 Jun 17 | 55 | 10 | 33 | 0 |
| 31 Mar 17 | 54 | 10 | 32 | 0 |
| 31 Dec 16 | 53 | 10 | 31 | 0 |
| 30 Sep 16 | 52 | 9 | 31 | 0 |
| 30 Jun 16 | 51 | 9 | 31 | 0 |
| 31 Mar 16 | 50 | 8 | 31 | 0 |
| 31 Dec 15 | 49 | 7 | 31 | 0 |
| 30 Sep 15 | 48 | 6 | 33 | 0 |
| 30 Jun 15 | 47 | 6 | 32 | 0 |
| 31 Mar 15 | 47 | 5 | 32 | 0 |
| 31 Dec 14 | 47 | 5 | 31 | 0 |
| 30 Sep 14 | 48 | 5 | 29 | 0 |
| 30 Jun 14 | 28 | -8 | 29 | 0 |
| 31 Mar 14 | 27 | -9 | 29 | 0 |
| 31 Dec 13 | 25 | -10 | 30 | 0 |
| 30 Sep 13 | 16 | -16 | 28 | 0 |
| 30 Jun 13 | 32 | -6 | 28 | 0 |
Quality Earnings: SHBI has a large one-off loss of $8.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SHBI's current net profit margins (8.7%) are lower than last year (25.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SHBI's earnings have grown by 7.4% per year over the past 5 years.
Accelerating Growth: SHBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHBI had negative earnings growth (-64%) over the past year, making it difficult to compare to the Banks industry average (-9.7%).
Return on Equity
High ROE: SHBI's Return on Equity (2.2%) is considered low.