Shore Financial Statements From 2010 to 2022

SHBI -  USA Stock  

USD 19.82  0.17  0.85%

Shore Bancshares financial statements provide useful quarterly and yearly information to potential Shore Bancshares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Shore Bancshares financial statements helps investors assess Shore Bancshares' valuation, profitability, and current liquidity needs.
We have found eighty-seven available fundamental trend indicators for Shore Bancshares, which can be analyzed and compared to other ratios and to its competition. Please verify all of Shore Bancshares current fundamental drivers against the trend between 2010 and 2022 to make sure the company can sustain itself down the road.
Shore Bancshares Free Cash Flow is most likely to decrease significantly in the upcoming years. The last year's value of Free Cash Flow was reported at 12.24 Million. The current Market Capitalization is estimated to increase to about 162.5 M, while Revenue Per Employee is projected to decrease to roughly 197.6 K.

Shore Financial Statements 

 
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Check Shore Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shore main balance sheet or income statement drivers, such as Consolidated Income of 7.4 M, Earning Before Interest and Taxes EBIT of 11.8 M or Gross Profit of 54.2 M, as well as many exotic indicators such as Calculated Tax Rate of 34.71, PPandE Turnover of 3.84 or Accrued Expenses Turnover of 192. Shore financial statements analysis is a perfect complement when working with Shore Bancshares Valuation or Volatility modules. It can also supplement various Shore Bancshares Technical models. Additionally, take a look at the analysis of Shore Bancshares Correlation against competitors.

Shore Bancshares Revenues

60.13 MillionShare

Shore Bancshares Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.5 B1.7 B1.3 B
Increasing
Slightly volatile
Cash and Equivalents181.5 M168.2 M111.9 M
Increasing
Slightly volatile
Investments845.8 M902.8 M929.3 M
Increasing
Slightly volatile
Deposit Liabilities825.8 M877.9 M930 M
Increasing
Very volatile
Property Plant and Equipment Net14.2 M15.2 M15.7 M
Increasing
Slightly volatile
Tax Assets1.6 M1.7 M1.7 M
Increasing
Stable
Trade and Non Trade Receivables847.9 K974.7 KM
Decreasing
Stable
Trade and Non Trade Payables2.7 M2.5 M2.6 M
Increasing
Slightly volatile
Goodwill and Intangible Assets13 M11.8 M13.3 M
Decreasing
Stable
Total Liabilities1.3 B1.6 B1.2 B
Increasing
Slightly volatile
Shareholders Equity155.1 M175.5 M151.4 M
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit73.6 M74.8 M78.9 M
Increasing
Stable
Accumulated Other Comprehensive Income(68.9 K)(63.9 K)(103.9 K)
Increasing
Stable
Total Debt7.9 M7.7 M9.9 M
Decreasing
Slightly volatile
Shareholders Equity USD118.6 M132.3 M130.4 M
Increasing
Slightly volatile
Cash and Equivalents USD69.8 M66.4 M90.8 M
Decreasing
Slightly volatile
Total Debt USD7.9 M7.7 M9.9 M
Decreasing
Slightly volatile
Long Term Debt23.7 M22 M14.7 M
Increasing
Slightly volatile

Shore Bancshares Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues60.1 M63.4 M63.3 M
Decreasing
Very volatile
Selling General and Administrative Expense31.5 M33.4 M35.2 M
Increasing
Stable
Operating Expenses32.1 M33.6 M36 M
Increasing
Very volatile
Income Tax Expense4.4 M5.1 M2.4 M
Increasing
Slightly volatile
Consolidated Income7.4 M8.2 MM
Increasing
Slightly volatile
Net Income15.3 M14.2 M7.5 M
Increasing
Slightly volatile
Preferred Dividends Income Statement Impact1.7 M1.7 M1.8 M
Decreasing
Slightly volatile
Net Income Common Stock7.3 M8.2 MM
Increasing
Slightly volatile
Weighted Average Shares10.5 M11.1 M10.9 M
Increasing
Slightly volatile
Weighted Average Shares Diluted10.5 M11.1 M10.9 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT11.8 M13.2 M6.4 M
Increasing
Slightly volatile
Revenues USD54.2 M56.2 M43.9 M
Increasing
Slightly volatile
Net Income Common Stock USD7.3 M8.2 MM
Increasing
Slightly volatile
Earning Before Interest and Taxes USD11.8 M13.2 M6.4 M
Increasing
Slightly volatile
Gross Profit54.2 M56.2 M43.9 M
Increasing
Slightly volatile
Operating Income11.8 M13.2 M6.4 M
Increasing
Slightly volatile

Shore Bancshares Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals2.8 M2.6 MM
Increasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(62 M)(57.4 M)(47.6 M)
Decreasing
Slightly volatile
Net Cash Flow from Financing343.4 M318.2 M88.8 M
Increasing
Slightly volatile
Issuance Repayment of Debt Securities 2.3 M2.1 M186.5 K
Increasing
Slightly volatile
Issuance Purchase of Equity Shares30.4 M28.2 M28.6 M
Increasing
Slightly volatile
Net Cash Flow from Investing(330.6 M)(322.1 M)(95 M)
Decreasing
Slightly volatile
Net Cash Flow from Operations21.8 M21.2 M18.8 M
Decreasing
Stable
Net Cash Flow or Change in Cash and Cash Equivalents(26.5 M)(25.8 M)(14.7 M)
Decreasing
Slightly volatile
Share Based Compensation271.9 K252 K192.9 K
Increasing
Slightly volatile
Depreciation Amortization and AccretionM2.2 M2.3 M
Increasing
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share1.231.140.5347
Increasing
Slightly volatile
Earnings per Diluted Share1.231.140.5347
Increasing
Slightly volatile
Earnings per Basic Share USD0.680.640.3022
Increasing
Slightly volatile
Dividends per Basic Common Share0.04720.0460.0733
Decreasing
Slightly volatile
Return on Average Equity7.887.33.8278
Increasing
Slightly volatile
Return on Average Assets0.870.810.4851
Increasing
Slightly volatile
Return on Invested Capital0.01240.01260.0067
Increasing
Slightly volatile
Gross Margin0.890.90.9842
Decreasing
Slightly volatile
Profit Margin21.6920.111.27
Increasing
Slightly volatile
EBITDA Margin0.280.330.1459
Increasing
Slightly volatile
Return on Sales0.220.270.0857
Increasing
Slightly volatile
Asset Turnover0.05390.04630.0509
Decreasing
Slightly volatile
Payout Ratio0.120.08160.024
Increasing
Stable
Enterprise Value over EBITDA8.946.41(1.2863)
Increasing
Slightly volatile
Enterprise Value over EBIT8.266.98.8587
Decreasing
Slightly volatile
Price to Earnings Ratio24.1122.3411.1702
Increasing
Slightly volatile
Sales per Share6.926.526.1307
Decreasing
Slightly volatile
Price to Sales Ratio3.493.232.8809
Increasing
Very volatile
Price to Book Value1.251.080.9544
Increasing
Very volatile
Debt to Equity Ratio0.120.110.0784
Increasing
Slightly volatile
Dividend Yield0.00470.00460.0059
Decreasing
Slightly volatile
Free Cash Flow per Share1.731.491.6323
Decreasing
Slightly volatile
Book Value per Share14.7113.3812.3473
Increasing
Very volatile
Tangible Assets Book Value per Share90.4479.9598.5516
Decreasing
Slightly volatile
Total Assets Per Share128148123
Increasing
Stable
Cash Flow Per Share1.971.81.7859
Decreasing
Slightly volatile
Calculated Tax Rate34.7129.0534.5764
Decreasing
Slightly volatile
PPandE Turnover3.843.313.6188
Decreasing
Slightly volatile
Cash and Equivalents Turnover0.830.570.8794
Decreasing
Stable
Accrued Expenses Turnover192129273
Increasing
Very volatile
Revenue to Assets0.05110.04190.0495
Decreasing
Slightly volatile

Shore Bancshares Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax11.8 M13.2 M6.4 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA14.4 M16 M8.8 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD14.4 M16 M8.8 M
Increasing
Slightly volatile
Market Capitalization162.5 M158 M125.1 M
Increasing
Slightly volatile
Enterprise Value92.6 M89.4 M48.6 M
Increasing
Slightly volatile
Invested Capital853 M845.9 M976.9 M
Decreasing
Slightly volatile
Average Equity117 M130.3 M128.8 M
Increasing
Slightly volatile
Average Assets945.3 M997.1 M1.1 B
Increasing
Stable
Invested Capital Average880.2 M928.8 M967.3 M
Increasing
Stable
Tangible Asset Value952.7 MB1.1 B
Increasing
Stable
Free Cash Flow12.8 M12.2 M14.2 M
Decreasing
Stable
Revenue Per Employee197.6 K214.3 K202.2 K
Increasing
Slightly volatile
Net Income Per Employee51.6 K47.9 K25.6 K
Increasing
Slightly volatile

Shore Fundamental Market Drivers

Short Percent Of Float0.50%
Forward Price Earnings12.79
Shares Short Prior Month61.27k
Average Daily Volume Last 10 Day31.69k
Average Daily Volume In Three Month41.47k
Date Short Interest15th of December 2021
Fifty Day Average20.21
Two Hundred Day Average18.08

Shore Upcoming Events

Upcoming Quarterly Report27th of January 2022
Next Earnings Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

About Shore Bancshares Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Shore Bancshares income statement, its balance sheet, and the statement of cash flows. Shore Bancshares investors use historical funamental indicators, such as Shore Bancshares's revenue or net income, to determine how well the company is positioned to perform in the future. Although Shore Bancshares investors may use each financial statement separately, they are all related. The changes in Shore Bancshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shore Bancshares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Shore Bancshares Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Shore Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Revenues63.4 M60.1 M
Revenue to Assets 0.0419  0.05 
Revenue Per Employee214.3 K197.6 K
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. The company was founded in 1876 and is headquartered in Easton, Maryland. Shore Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 287 people.

Shore Bancshares Investors Sentiment

The influence of Shore Bancshares' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Shore. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Shore Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Shore Bancshares' short interest history, or implied volatility extrapolated from Shore Bancshares options trading.

Current Sentiment - SHBI

Shore Bancshares Investor Sentiment

Most of Macroaxis users are at this time bullish on Shore Bancshares. What is your outlook on investing in Shore Bancshares? Are you bullish or bearish?
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Bearish
98% Bullish
2% Bearish
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Additionally, take a look at the analysis of Shore Bancshares Correlation against competitors. Note that the Shore Bancshares information on this page should be used as a complementary analysis to other Shore Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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Is Shore Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shore Bancshares. If investors know Shore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shore Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Shore Bancshares is measured differently than its book value, which is the value of Shore that is recorded on the company's balance sheet. Investors also form their own opinion of Shore Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Shore Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shore Bancshares' market value can be influenced by many factors that don't directly affect Shore Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shore Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine Shore Bancshares value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shore Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.