Shore Bancshares (SHBI) Interest Expense - Debt: 2017-2023

Historic Interest Expense - Debt for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to $17,000.

  • Shore Bancshares' Interest Expense - Debt fell 97.61% to $17,000 in Q4 2023 from the same period last year, while for Dec 2023 it was $6.3 million, marking a year-over-year increase of 153.04%. This contributed to the annual value of $7.4 million for FY2024, which is 33.33% up from last year.
  • Shore Bancshares' Interest Expense - Debt amounted to $17,000 in Q4 2023, which was down 98.84% from $1.5 million recorded in Q3 2023.
  • Over the past 5 years, Shore Bancshares' Interest Expense - Debt peaked at $3.4 million during Q2 2023, and registered a low of $6,000 during Q4 2019.
  • Over the past 3 years, Shore Bancshares' median Interest Expense - Debt value was $537,500 (recorded in 2022), while the average stood at $861,917.
  • In the last 5 years, Shore Bancshares' Interest Expense - Debt slumped by 98.77% in 2019 and then skyrocketed by 6,133.33% in 2020.
  • Quarterly analysis of 5 years shows Shore Bancshares' Interest Expense - Debt stood at $6,000 in 2019, then surged by 6,133.33% to $374,000 in 2020, then climbed by 28.88% to $482,000 in 2021, then spiked by 47.30% to $710,000 in 2022, then crashed by 97.61% to $17,000 in 2023.
  • Its Interest Expense - Debt was $17,000 in Q4 2023, compared to $1.5 million in Q3 2023 and $3.4 million in Q2 2023.