Shore Bancshares (SHBI) Current Taxes (2018 - 2023)

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 was $2.8 million for Q1 2023 at Shore Bancshares, up from $1.3 million in the prior quarter.
• In the past five years, Current Taxes ranged from a high of $4.7 million in Q1 2019 to a low of $991000.0 in Q1 2020.
• Historically, Current Taxes has averaged $2.2 million across 5 years, with a median of $1.8 million in 2021.
• The sharpest annual moves came in 2020 and 2023: Current Taxes slumped 79.07% in 2020, then surged 130.22% in 2023.
• A 5-year view of Current Taxes shows it stood at $2.4 million in 2019, then jumped by 82.09% to $4.3 million in 2020, then slumped 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.
• The last three Current Taxes figures came in at $2.8 million (Q1 2023), $1.3 million (Q3 2022), and $1.8 million (Q2 2022), per Business Quant data.