Shore Bancshares (SHBI) Current Taxes (2018 - 2023)
Shore Bancshares' (SHBI) quarterly Current Taxes came in at $2.8 million in Q1 2023, up 130.22% year-on-year from $1.2 million in Q1 2022, and up 114.25% quarter-over-quarter from $1.3 million in Q3 2022.
Shore Bancshares (SHBI) Current Taxes (2018 - 2023) Analysis & Trends
Shore Bancshares' Current Taxes history runs 6 years deep, the most recent figure standing at $2.8 million for Q1 2023.
- On a quarterly basis, Current Taxes rose 130.22% year-over-year to $2.8 million in Q1 2023; TTM through Mar 2023 was $2.8 million, a 130.22% increase from a year earlier, with the FY2019 full-year figure at $2.4 million, down 29.15% from the prior year.
- Current Taxes climbed to $2.8 million in Q1 2023 per SHBI's latest filing, from $1.3 million in the prior quarter.
- Across five years, Current Taxes topped out at $4.7 million in Q1 2019 and bottomed at $991000.0 in Q1 2020.
- The 5-year median for Current Taxes is $1.8 million (2021), against an average of $2.2 million.
- Across the five-year window, Current Taxes slumped 79.07% in 2020 and jumped 130.22% in 2023, its largest moves.
- Year by year, Current Taxes stood at $2.4 million in 2019, then jumped by 82.09% to $4.3 million in 2020, then plunged by 76.47% to $1.0 million in 2021, then jumped by 30.29% to $1.3 million in 2022, then surged by 114.25% to $2.8 million in 2023.
- Per Business Quant, the three latest SHBI Current Taxes figures stand at $2.8 million (Q1 2023), $1.3 million (Q3 2022), and $1.8 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 534.21 Mn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 486.95 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 52,876.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 1.52 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Shore Bancshares | 766.03 Mn | 425.21 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 2.81 Mn |
| Sep 30, 2022 | 1.31 Mn |
| Jun 30, 2022 | 1.82 Mn |
| Mar 31, 2022 | 1.22 Mn |
| Jun 30, 2021 | 1.01 Mn |
| Mar 31, 2021 | 1.77 Mn |
| Jun 30, 2020 | 4.28 Mn |
| Mar 31, 2020 | 991,000.00 |
| Dec 31, 2019 | 2.35 Mn |
| Mar 31, 2019 | 4.73 Mn |
| Dec 31, 2018 | 3.32 Mn |