Shore Financial Statements From 2010 to 2022

SHBI -  USA Stock  

USD 19.31  0.04  0.21%

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.
Shore Bancshares does not presently have any fundamental trend indicators for analysis.
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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 , as well as many exotic indicators such as . 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 Z Score Analysis

Shore Bancshares' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Shore Bancshares Z Score

    
  3.0  
Most of Shore Bancshares' fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shore Bancshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, Shore Bancshares has a Z Score of 3.0. This is 24.48% higher than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The z score for all United States stocks is 65.6% higher than that of the company.

Shore Bancshares Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Shore Bancshares's current stock value. Our valuation model uses many indicators to compare Shore Bancshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shore Bancshares competition to find correlations between indicators driving Shore Bancshares's intrinsic value. More Info.
Shore Bancshares is rated second in price to earning category among related companies. It is rated fourth in cash per share category among related companies fabricating about  2.14  of Cash per Share per Price to Earning. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shore Bancshares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shore Bancshares' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Shore Bancshares' earnings, one of the primary drivers of an investment's value.

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.
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 is traded on NASDAQ Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Shore Bancshares without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Shore Bancshares price analysis, check to measure Shore Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shore Bancshares is operating at the current time. Most of Shore Bancshares' value examination focuses on studying past and present price action to predict the probability of Shore Bancshares' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shore Bancshares' price. Additionally, you may evaluate how the addition of Shore Bancshares to your portfolios can decrease your overall portfolio volatility.
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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.