Shore Bancshares Revenue Chart (NASDAQ:SHBI)
$16.28 $0.19 (1.18%) SHBI stock closing price Aug 21, 2017 (Closing)
The latest 2017-Q2 Shore Bancshares revenue is 15.63M. Compare Shore Bancshares revenue chart with Your Community Bankshares revenue, Orrstown Financial Services revenue.
Shore Bancshares Revenue Chart
You can do annual as well as quarterly comparisons of Shore Bancshares, Inc. net sales with its competitor companies like Your Community Bankshares, Orrstown Financial Services. Over the 5 year period Shore Bancshares revenue in 2012 was highest at 61.65M. In the latest quarter, SHBI revenue 2017-Q2 has changed from 15.26M to 15.63M implying an increase of 2.42%.
Shore Bancshares Quarterly Revenue
* Past 5 years Range
|Max SHBI Revenue||$16.27M||Jun, 2012|
|Min SHBI Revenue||$13.1M||Dec, 2014|
Shore Bancshares Annual Revenue
* Past 5 years Range
|Max SHBI Revenue||$61.65M||Dec, 2012|
|Min SHBI Revenue||$54.28M||Dec, 2015|
Shore Bancshares Annual Revenue VS Peers
|Shore Bancshares Revenue||$57.29M||$54.28M||$55.07M||$58.81M||$61.65M|
|Your Community Bankshares Revenue||----||$71.19M||$40.71M||$41.93M||$41.24M|
|Orrstown Financial Services Revenue||$61.7M||$57.81M||$57.03M||$54.9M||$68.69M|
|Sandy Spring Bancorp Revenue||$221.59M||$208.21M||$195.23M||$196.85M||$190.82M|
|FNB Corp Revenue||$880.72M||$709.2M||$667.25M||$576.16M||$563.36M|
|First United Revenue||$60.51M||$67.51M||$60.5M||$63.18M||$68.44M|
Shore Bancshares Stock Articles
Shore Bancshares News
Revenue, Sales, Turnover or net sales basically describes the Dollar value of transactions that result in incomes to a business as a result of business or operating activities during a specific period of time. Most often, this number is reported on a quarterly or annual basis. Since this features right at the top of an income statement, or profit and loss statement, also known as the statement of operations, the line item is also known as the ‘top line’ for a company. Other commonly used phrases include gross income and income from operations under IFRS. When you deduct expenses, costs and overheads, you arrive at the profit figure. For instance, when you net off Shore Bancshares revenue with Shore Bancshares expenses, the figure that you arrive at will be Shore Bancshares profit. This profit is also known as the bottom line due to its proximity to the bottom on the income statement. Growing top line numbers are a sign of financial health. That said, sales cannot be viewed on a standalone basis without considering profits, because ultimately, businesses are run with the aim of making profits after covering costs. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It’s a good exercise to to compare Shore Bancshares revenue with that of its peers. For instance, you can compare LCNB topline, with Your Community Bankshares topline, Sandy Spring Bancorp topline, etc to assess how the company is doing with respect to its peers.