Shore Bancshares (SHBI) Interest Expense - Debt: 2009-2024
Historic Interest Expense - Debt for Shore Bancshares (SHBI) over the last 16 years, with Dec 2024 value amounting to $7.4 million.
- 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.
- Latest data reveals that Shore Bancshares reported Interest Expense - Debt of $7.4 million as of FY2024, which was up 33.33% from $5.5 million recorded in FY2023.
- In the past 5 years, Shore Bancshares' Interest Expense - Debt registered a high of $7.4 million during FY2024, and its lowest value of $635,000 during FY2020.
- In the last 3 years, Shore Bancshares' Interest Expense - Debt had a median value of $5.5 million in 2023 and averaged $5.1 million.
- Data for Shore Bancshares' Interest Expense - Debt shows a peak YoY skyrocketed of 147.24% (in 2021) over the last 5 years.
- Over the past 5 years, Shore Bancshares' Interest Expense - Debt (Yearly) stood at $635,000 in 2020, then skyrocketed by 147.24% to $1.6 million in 2021, then surged by 58.34% to $2.5 million in 2022, then skyrocketed by 121.96% to $5.5 million in 2023, then skyrocketed by 33.33% to $7.4 million in 2024.