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Shore Bancshares (SHBI) Beginning Cash Balance: 2009-2024

Historic Beginning Cash Balance for Shore Bancshares (SHBI) over the last 16 years, with Dec 2024 value amounting to -$87.4 million.

  • Shore Bancshares' Beginning Cash Balance fell 261.48% to -$263.7 million in Q4 2023 from the same period last year, while for Dec 2023 it was -$316.9 million, marking a year-over-year decrease of 154.30%. This contributed to the annual value of -$87.4 million for FY2024, which is 72.41% up from last year.
  • Shore Bancshares' Beginning Cash Balance amounted to -$87.4 million in FY2024, which was up 72.41% from -$316.9 million recorded in FY2023.
  • Shore Bancshares' Beginning Cash Balance's 5-year high stood at $583.6 million during FY2022, with a 5-year trough of -$316.9 million in FY2023.
  • Moreover, its 3-year median value for Beginning Cash Balance was -$87.4 million (2024), whereas its average is $59.8 million.
  • Its Beginning Cash Balance has fluctuated over the past 5 years, first soared by 212.23% in 2022, then slumped by 154.30% in 2023.
  • Yearly analysis of 5 years shows Shore Bancshares' Beginning Cash Balance stood at $95.0 million in 2020, then surged by 96.81% to $186.9 million in 2021, then soared by 212.23% to $583.6 million in 2022, then crashed by 154.30% to -$316.9 million in 2023, then skyrocketed by 72.41% to -$87.4 million in 2024.