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Shore Bancshares (SHBI) Depreciation Expense (2016 - 2023)

Historic Depreciation Expense for Shore Bancshares (SHBI) over the last 12 years, with Q4 2023 value amounting to $790000.0.

  • Shore Bancshares' Depreciation Expense rose 2191.36% to $790000.0 in Q4 2023 from the same period last year, while for Dec 2023 it was $2.6 million, marking a year-over-year increase of 2622.46%. This contributed to the annual value of $3.4 million for FY2024, which is 3488.83% up from last year.
  • Latest data reveals that Shore Bancshares reported Depreciation Expense of $790000.0 as of Q4 2023, which was up 2191.36% from $750000.0 recorded in Q3 2023.
  • In the past 5 years, Shore Bancshares' Depreciation Expense ranged from a high of $790000.0 in Q4 2023 and a low of $247000.0 during Q2 2020
  • Moreover, its 5-year median value for Depreciation Expense was $411000.0 (2022), whereas its average is $430000.0.
  • As far as peak fluctuations go, Shore Bancshares' Depreciation Expense plummeted by 1627.12% in 2020, and later soared by 6831.17% in 2022.
  • Shore Bancshares' Depreciation Expense (Quarter) stood at $263000.0 in 2019, then soared by 39.16% to $366000.0 in 2020, then increased by 5.19% to $385000.0 in 2021, then skyrocketed by 68.31% to $648000.0 in 2022, then rose by 21.91% to $790000.0 in 2023.
  • Its last three reported values are $790000.0 in Q4 2023, $750000.0 for Q3 2023, and $477000.0 during Q2 2023.