Shore Bancshares (SHBI) Current Taxes (2018 - 2023)
Shore Bancshares (SHBI) posted quarterly Current Taxes of $2.8 million for Q1 2023, up 130.22% year-over-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.
- In Q1 2023, Current Taxes rose 130.22% year-over-year to $2.8 million; the TTM figure through Mar 2023 stood at $2.8 million (up 130.22% YoY), while the FY2019 annual figure was $2.4 million, down 29.15% from the prior year.
- Current Taxes for Q1 2023 stood at $2.8 million, up from $1.3 million in the prior quarter.
- The five-year high for Current Taxes was $4.7 million in Q1 2019, with the low 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.
- The sharpest annual moves came in 2020 and 2023: Current Taxes sank 79.07% in 2020, then jumped 130.22% in 2023.
- Shore Bancshares' Current Taxes stood at $2.4 million in 2019, then soared by 82.09% to $4.3 million in 2020, then sank by 76.47% to $1.0 million in 2021, then soared by 30.29% to $1.3 million in 2022, then jumped by 114.25% to $2.8 million in 2023.
- Business Quant data shows SHBI's Current Taxes at $2.8 million in Q1 2023, $1.3 million in Q3 2022, and $1.8 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 46.96 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 1.12 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Shore Bancshares | 773.40 Mn | 515.73 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 |