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Shore Bancshares (SHBI) Depreciation Expense (2017 - 2023)

Shore Bancshares has reported Depreciation Expense over the past 7 years, most recently at $790000.0 for Q4 2023.

  • Quarterly results put Depreciation Expense at $790000.0 for Q4 2023, up 21.91% from a year ago — trailing twelve months through Dec 2023 was $2.6 million (up 26.22% YoY), and the annual figure for FY2025 was $3.3 million, down 3.11%.
  • Depreciation Expense for Q4 2023 was $790000.0 at Shore Bancshares, up from $750000.0 in the prior quarter.
  • Over the last five years, Depreciation Expense for SHBI hit a ceiling of $790000.0 in Q4 2023 and a floor of $247000.0 in Q2 2020.
  • Median Depreciation Expense over the past 5 years was $398000.0 (2021), compared with a mean of $422800.0.
  • Biggest five-year swings in Depreciation Expense: decreased 16.27% in 2020 and later surged 68.31% in 2022.
  • Shore Bancshares' Depreciation Expense stood at $286000.0 in 2019, then grew by 27.97% 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 increased by 21.91% to $790000.0 in 2023.
  • The last three reported values for Depreciation Expense were $790000.0 (Q4 2023), $750000.0 (Q3 2023), and $477000.0 (Q2 2023) per Business Quant data.