Shore Bancshares (SHBI) Deferred Taxes (2017 - 2023)

Historic Deferred Taxes for Shore Bancshares (SHBI) over the last 12 years, with Q4 2023 value amounting to -$3.7 million.

  • Shore Bancshares' Deferred Taxes fell 9186.35% to -$3.7 million in Q4 2023 from the same period last year, while for Dec 2023 it was -$2.7 million, marking a year-over-year decrease of 13020.3%. This contributed to the annual value of $8.9 million for FY2024, which is 42598.31% up from last year.
  • According to the latest figures from Q4 2023, Shore Bancshares' Deferred Taxes is -$3.7 million, which was down 9186.35% from $191000.0 recorded in Q3 2023.
  • In the past 5 years, Shore Bancshares' Deferred Taxes registered a high of $1.5 million during Q2 2020, and its lowest value of -$3.7 million during Q4 2023.
  • In the last 5 years, Shore Bancshares' Deferred Taxes had a median value of $117000.0 in 2020 and averaged -$111850.0.
  • Its Deferred Taxes has fluctuated over the past 5 years, first crashed by 53961.54% in 2021, then skyrocketed by 128653.85% in 2023.
  • Quarter analysis of 5 years shows Shore Bancshares' Deferred Taxes stood at $25000.0 in 2019, then surged by 940.0% to $260000.0 in 2020, then tumbled by 539.62% to -$1.1 million in 2021, then crashed by 66.67% to -$1.9 million in 2022, then crashed by 91.86% to -$3.7 million in 2023.
  • Its Deferred Taxes stands at -$3.7 million for Q4 2023, versus $191000.0 for Q3 2023 and $617000.0 for Q2 2023.