Shore Bancshares (SHBI) Interest Expense - Deposits (2017 - 2023)
Historic Interest Expense - Deposits for Shore Bancshares (SHBI) over the last 7 years, with Q4 2023 value amounting to $28.1 million.
- Shore Bancshares' Interest Expense - Deposits rose 51774.26% to $28.1 million in Q4 2023 from the same period last year, while for Dec 2023 it was $85.0 million, marking a year-over-year increase of 65973.9%. This contributed to the annual value of $115.3 million for FY2024, which is 6758.87% up from last year.
- Per Shore Bancshares' latest filing, its Interest Expense - Deposits stood at $28.1 million for Q4 2023, which was up 51774.26% from $23.5 million recorded in Q3 2023.
- In the past 5 years, Shore Bancshares' Interest Expense - Deposits ranged from a high of $28.1 million in Q4 2023 and a low of $949000.0 during Q3 2021
- Over the past 5 years, Shore Bancshares' median Interest Expense - Deposits value was $2.0 million (recorded in 2019), while the average stood at $4.9 million.
- As far as peak fluctuations go, Shore Bancshares' Interest Expense - Deposits crashed by 4249.64% in 2021, and later soared by 81655.6% in 2023.
- Over the past 5 years, Shore Bancshares' Interest Expense - Deposits (Quarter) stood at $2.3 million in 2019, then plummeted by 40.75% to $1.4 million in 2020, then dropped by 6.13% to $1.3 million in 2021, then surged by 258.02% to $4.6 million in 2022, then skyrocketed by 517.74% to $28.1 million in 2023.
- Its Interest Expense - Deposits was $28.1 million in Q4 2023, compared to $23.5 million in Q3 2023 and $9.9 million in Q2 2023.