Shore Bancshares (SHBI) Consolidated Net Income: 2017-2023
Historic Consolidated Net Income for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to $10.5 million.
- Shore Bancshares' Consolidated Net Income rose 24.76% to $10.5 million in Q4 2023 from the same period last year, while for Dec 2023 it was $11.2 million, marking a year-over-year decrease of 63.99%. This contributed to the annual value of $43.9 million for FY2024, which is 290.89% up from last year.
- Latest data reveals that Shore Bancshares reported Consolidated Net Income of $10.5 million as of Q4 2023, which was up 207.73% from -$9.7 million recorded in Q3 2023.
- In the past 5 years, Shore Bancshares' Consolidated Net Income registered a high of $10.5 million during Q4 2023, and its lowest value of -$9.7 million during Q3 2023.
- Moreover, its 3-year median value for Consolidated Net Income was $5.1 million (2021), whereas its average is $4.8 million.
- Per our database at Business Quant, Shore Bancshares' Consolidated Net Income skyrocketed by 133,475.00% in 2020 and then plummeted by 200.82% in 2023.
- Quarterly analysis of 5 years shows Shore Bancshares' Consolidated Net Income stood at $27,000 in 2019, then soared by 6,200.00% to $1.7 million in 2020, then spiked by 60.08% to $2.7 million in 2021, then skyrocketed by 208.78% to $8.4 million in 2022, then rose by 24.76% to $10.5 million in 2023.
- Its last three reported values are $10.5 million in Q4 2023, -$9.7 million for Q3 2023, and $4.0 million during Q2 2023.