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Shore Bancshares (SHBI) Financial Services Fees: 2017-2023

Historic Financial Services Fees for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to $844,000.

  • Shore Bancshares' Financial Services Fees rose 110.47% to $844,000 in Q4 2023 from the same period last year, while for Dec 2023 it was $3.6 million, marking a year-over-year increase of 102.36%. This contributed to the annual value of $3.4 million for FY2024, which is 6.68% down from last year.
  • Latest data reveals that Shore Bancshares reported Financial Services Fees of $844,000 as of Q4 2023, which was down 56.34% from $1.9 million recorded in Q3 2023.
  • Over the past 5 years, Shore Bancshares' Financial Services Fees peaked at $1.9 million during Q3 2023, and registered a low of $363,000 during Q2 2020.
  • For the 3-year period, Shore Bancshares' Financial Services Fees averaged around $606,000, with its median value being $461,000 (2021).
  • Per our database at Business Quant, Shore Bancshares' Financial Services Fees decreased by 23.18% in 2022 and then surged by 359.14% in 2023.
  • Shore Bancshares' Financial Services Fees (Quarterly) stood at $382,000 in 2019, then climbed by 14.92% to $439,000 in 2020, then increased by 18.91% to $522,000 in 2021, then fell by 23.18% to $401,000 in 2022, then skyrocketed by 110.47% to $844,000 in 2023.
  • Its Financial Services Fees stands at $844,000 for Q4 2023, versus $1.9 million for Q3 2023 and $399,000 for Q2 2023.