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
DateValue
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