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

Shore Bancshares has reported Interest Expense - Deposits over the past 7 years, most recently at $28.1 million for Q4 2023.

  • Quarterly results put Interest Expense - Deposits at $28.1 million for Q4 2023, up 517.74% from a year ago — trailing twelve months through Dec 2023 was $68.8 million (up 589.1% YoY), and the annual figure for FY2025 was $109.2 million, down 5.29%.
  • Interest Expense - Deposits for Q4 2023 was $28.1 million at Shore Bancshares, up from $23.5 million in the prior quarter.
  • Over the last five years, Interest Expense - Deposits for SHBI hit a ceiling of $28.1 million in Q4 2023 and a floor of $949000.0 in Q3 2021.
  • Median Interest Expense - Deposits over the past 5 years was $2.0 million (2019), compared with a mean of $4.9 million.
  • Biggest five-year swings in Interest Expense - Deposits: tumbled 42.5% in 2021 and later soared 816.56% in 2023.
  • Shore Bancshares' Interest Expense - Deposits stood at $2.3 million in 2019, then plummeted by 40.75% to $1.4 million in 2020, then decreased by 6.13% to $1.3 million in 2021, then skyrocketed by 258.02% to $4.6 million in 2022, then surged by 517.74% to $28.1 million in 2023.
  • The last three reported values for Interest Expense - Deposits were $28.1 million (Q4 2023), $23.5 million (Q3 2023), and $9.9 million (Q2 2023) per Business Quant data.