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

Historic Interest Expense - Deposits for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to $28.1 million.

  • Shore Bancshares' Interest Expense - Deposits rose 517.74% to $28.1 million in Q4 2023 from the same period last year, while for Dec 2023 it was $68.8 million, marking a year-over-year increase of 589.10%. This contributed to the annual value of $115.3 million for FY2024, which is 67.59% up from last year.
  • Shore Bancshares' Interest Expense - Deposits amounted to $28.1 million in Q4 2023, which was up 19.85% from $23.5 million recorded in Q3 2023.
  • Over the past 5 years, Shore Bancshares' Interest Expense - Deposits peaked at $28.1 million during Q4 2023, and registered a low of $949,000 during Q3 2021.
  • Over the past 3 years, Shore Bancshares' median Interest Expense - Deposits value was $2.0 million (recorded in 2022), while the average stood at $6.9 million.
  • Its Interest Expense - Deposits has fluctuated over the past 5 years, first crashed by 42.50% in 2021, then soared by 816.56% in 2023.
  • Shore Bancshares' Interest Expense - Deposits (Quarterly) stood at $2.3 million in 2019, then plummeted by 40.75% to $1.4 million in 2020, then fell by 6.13% to $1.3 million in 2021, then surged by 258.02% to $4.6 million in 2022, then surged by 517.74% to $28.1 million in 2023.
  • Its Interest Expense - Deposits stands at $28.1 million for Q4 2023, versus $23.5 million for Q3 2023 and $9.9 million for Q2 2023.