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SHBI (Shore Bancshares) Pretax Margin % : 34.32% (As of Dec. 2024)


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What is Shore Bancshares Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shore Bancshares's Pre-Tax Income for the three months ended in Dec. 2024 was $18.1 Mil. Shore Bancshares's Revenue for the three months ended in Dec. 2024 was $52.9 Mil. Therefore, Shore Bancshares's pretax margin for the quarter that ended in Dec. 2024 was 34.32%.

The historical rank and industry rank for Shore Bancshares's Pretax Margin % or its related term are showing as below:

SHBI' s Pretax Margin % Range Over the Past 10 Years
Min: 8.88   Med: 31.24   Max: 36.4
Current: 29.11


SHBI's Pretax Margin % is ranked worse than
58.78% of 1555 companies
in the Banks industry
Industry Median: 32.65 vs SHBI: 29.11

Shore Bancshares Pretax Margin % Historical Data

The historical data trend for Shore Bancshares's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shore Bancshares Pretax Margin % Chart

Shore Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.23 27.28 33.88 8.88 29.11

Shore Bancshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.56 22.22 29.66 29.61 34.32

Competitive Comparison of Shore Bancshares's Pretax Margin %

For the Banks - Regional subindustry, Shore Bancshares's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shore Bancshares's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Shore Bancshares's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shore Bancshares's Pretax Margin % falls into.


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Shore Bancshares Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Shore Bancshares's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=58.704/201.696
=29.11 %

Shore Bancshares's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=18.141/52.864
=34.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shore Bancshares  (NAS:SHBI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Shore Bancshares Pretax Margin % Related Terms

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Shore Bancshares Business Description

Traded in Other Exchanges
N/A
Address
18 East Dover Street, Easton, MD, USA, 21601
Shore Bancshares Inc is a financial holding company. It offers personalized banking, insurance, and investment services to families and businesses in the Mid-Atlantic region. It operates in one business segment- banking. The company's primary source of revenue is derived from interest earned on commercial, residential mortgage and other loans, and fees charged in connection with lending and other banking services located in Maryland, Delaware and Virginia.
Executives
Donna J. Stevens officer: See Remarks 28969 INFORMATION LANE, EASTON MD 21601
Michael Brian Adams director C/O THE COMMUNITY FINANCIAL CORPORATION, 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Konrad Wayson director 5378 SUDLEY ROAD, WEST RIVER MD 20778
John Lamon director 62 EAST LAKE DRIVE, ANNAPOLIS MD 21403
Kelly Clyde V. Iii director 28969 INFORMATION LANE, EASTON MD 21601
Dawn M. Willey director 18 E. DOVER STREET, EASTON MD 21601
David S. Jones director 791 SONNE DRIVE, ANNAPOLIS MD 21401
Christy Lombardi officer: Chief Human Resources Officer 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Slater A Joseph Jr director 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Jenkins Louis P Jr director 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Stone Joseph V Jr director C/O TRI-COUNTY FINANCIAL CORPORATION, 3035 LEONARDTOWN ROAD, WALDORF MD 20601
James M Burke director, officer: President & CEO 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Mary Todd Peterson director 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Todd L Capitani officer: EVP & CFO 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Sanders Edward Lawrence Iii director C/O THE COMMUNITY FINANCIAL CORPORATION, 3035 LEONARDTOWN ROAD, WALDORF MD 20601