Shore Bancshares (SHBI) Deferred Taxes (2016 - 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.
- Shore Bancshares' Deferred Taxes' 5-year high stood at $1.5 million during Q2 2020, with a 5-year trough of -$3.7 million in Q4 2023.
- Over the past 5 years, Shore Bancshares' median Deferred Taxes value was $117000.0 (recorded in 2020), while the average stood at -$111850.0.
- Per our database at Business Quant, Shore Bancshares' Deferred Taxes plummeted by 53961.54% in 2021 and then surged by 128653.85% in 2023.
- Shore Bancshares' Deferred Taxes (Quarter) stood at $25000.0 in 2019, then soared by 940.0% to $260000.0 in 2020, then crashed by 539.62% to -$1.1 million in 2021, then plummeted by 66.67% to -$1.9 million in 2022, then plummeted by 91.86% to -$3.7 million in 2023.
- Its last three reported values are -$3.7 million in Q4 2023, $191000.0 for Q3 2023, and $617000.0 during Q2 2023.