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Shore Bancshares (SHBI) Interest Expense - Deposits: 2009-2024

Historic Interest Expense - Deposits for Shore Bancshares (SHBI) over the last 16 years, with Dec 2024 value amounting to $115.3 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.
  • Latest data reveals that Shore Bancshares reported Interest Expense - Deposits of $115.3 million as of FY2024, which was up 67.59% from $68.8 million recorded in FY2023.
  • Shore Bancshares' Interest Expense - Deposits' 5-year high stood at $115.3 million during FY2024, with a 5-year trough of $4.5 million in FY2021.
  • Its 3-year average for Interest Expense - Deposits is $64.7 million, with a median of $68.8 million in 2023.
  • In the last 5 years, Shore Bancshares' Interest Expense - Deposits crashed by 30.73% in 2021 and then skyrocketed by 589.17% in 2023.
  • Shore Bancshares' Interest Expense - Deposits (Yearly) stood at $6.4 million in 2020, then slumped by 30.73% to $4.5 million in 2021, then skyrocketed by 123.78% to $10.0 million in 2022, then surged by 589.17% to $68.8 million in 2023, then soared by 67.59% to $115.3 million in 2024.