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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Shore Bancshares Inc quarterly/annual Return On Equity history and growth rate from 2011 to 2023.
- Shore Bancshares Inc Return On Equity for the quarter ending September 30, 2024 was 7.89 %, a 243% increase year-over-year.
- Shore Bancshares Inc annual Return On Equity for 2023 was 2.58 %, a 70.4% decline from 2022.
- Shore Bancshares Inc annual Return On Equity for 2022 was 8.74 %, a 34.7% increase from 2021.
- Shore Bancshares Inc annual Return On Equity for 2021 was 6.49 %, a 18.6% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)