Shore Bancshares (SHBI) Interest Expenses (2017 - 2023)
Historic Interest Expenses for Shore Bancshares (SHBI) over the last 7 years, with Q4 2023 value amounting to $29.6 million.
- Shore Bancshares' Interest Expenses rose 45492.88% to $29.6 million in Q4 2023 from the same period last year, while for Dec 2023 it was $78.8 million, marking a year-over-year increase of 52803.16%. This contributed to the annual value of $124.8 million for FY2024, which is 5841.8% up from last year.
- Latest data reveals that Shore Bancshares reported Interest Expenses of $29.6 million as of Q4 2023, which was up 45492.88% from $25.6 million recorded in Q3 2023.
- Shore Bancshares' Interest Expenses' 5-year high stood at $29.6 million during Q4 2023, with a 5-year trough of $1.3 million in Q3 2021.
- In the last 5 years, Shore Bancshares' Interest Expenses had a median value of $2.2 million in 2019 and averaged $5.7 million.
- Per our database at Business Quant, Shore Bancshares' Interest Expenses tumbled by 3635.99% in 2020 and then soared by 68583.26% in 2023.
- Quarter analysis of 5 years shows Shore Bancshares' Interest Expenses stood at $2.4 million in 2019, then decreased by 27.95% to $1.7 million in 2020, then grew by 1.56% to $1.8 million in 2021, then soared by 203.7% to $5.3 million in 2022, then soared by 454.93% to $29.6 million in 2023.
- Its Interest Expenses stands at $29.6 million for Q4 2023, versus $25.6 million for Q3 2023 and $14.1 million for Q2 2023.