Shore Bancshares (SHBI) Accumulated Expenses (2011 - 2023)

Shore Bancshares' Accumulated Expenses history runs 11 years deep, the most recent figure standing at $2.7 million for Q2 2023.

• In Q2 2023, Accumulated Expenses rose 104.37% year-over-year to $2.7 million; the TTM figure through Jun 2023 stood at $2.7 million (up 104.37% YoY), while the FY2022 annual figure was $1.4 million, down 60.26% from the prior year.
• Accumulated Expenses was $2.7 million for Q2 2023 at Shore Bancshares, up from $710000.0 in the prior quarter.
• In the past five years, Accumulated Expenses ranged from a high of $3.4 million in Q4 2021 to a low of $201000.0 in Q3 2021.
• Historically, Accumulated Expenses has averaged $802000.0 across 5 years, with a median of $409500.0 in 2019.
• The sharpest annual moves came in 2021 and 2022: Accumulated Expenses jumped 429.72% in 2021, then tumbled 60.26% in 2022.
• A 5-year view of Accumulated Expenses shows it stood at $330000.0 in 2019, then jumped by 95.76% to $646000.0 in 2020, then surged by 429.72% to $3.4 million in 2021, then slumped by 60.26% to $1.4 million in 2022, then soared by 99.26% to $2.7 million in 2023.
• The last three Accumulated Expenses figures came in at $2.7 million (Q2 2023), $710000.0 (Q1 2023), and $1.4 million (Q4 2022), per Business Quant data.