Shore Bancshares (SHBI) Interest Expenses (2017 - 2023)
Historic Interest Expenses for Shore Bancshares (SHBI) over the last 12 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.
- Per Shore Bancshares' latest filing, its Interest Expenses stood at $29.6 million for Q4 2023, which was up 45492.88% from $25.6 million recorded in Q3 2023.
- Over the past 5 years, Shore Bancshares' Interest Expenses peaked at $29.6 million during Q4 2023, and registered a low of $1.3 million during Q3 2021.
- Its 5-year average for Interest Expenses is $5.7 million, with a median of $2.2 million in 2019.
- As far as peak fluctuations go, Shore Bancshares' Interest Expenses crashed by 3635.99% in 2020, and later skyrocketed by 68583.26% in 2023.
- Quarter analysis of 5 years shows Shore Bancshares' Interest Expenses stood at $2.4 million in 2019, then fell by 27.95% to $1.7 million in 2020, then increased by 1.56% to $1.8 million in 2021, then skyrocketed by 203.7% to $5.3 million in 2022, then skyrocketed by 454.93% to $29.6 million in 2023.
- Its Interest Expenses was $29.6 million in Q4 2023, compared to $25.6 million in Q3 2023 and $14.1 million in Q2 2023.