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Shore Bancshares (SHBI) Interest Expenses: 2017-2023

Historic Interest Expenses for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to $29.6 million.

  • Shore Bancshares' Interest Expenses rose 454.93% 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 528.03%. This contributed to the annual value of $124.8 million for FY2024, which is 58.42% up from last year.
  • According to the latest figures from Q4 2023, Shore Bancshares' Interest Expenses is $29.6 million, which was up 15.55% from $25.6 million recorded in Q3 2023.
  • In the past 5 years, Shore Bancshares' Interest Expenses ranged from a high of $29.6 million in Q4 2023 and a low of $1.3 million during Q3 2021.
  • In the last 3 years, Shore Bancshares' Interest Expenses had a median value of $2.7 million in 2022 and averaged $8.1 million.
  • As far as peak fluctuations go, Shore Bancshares' Interest Expenses slumped by 36.36% in 2020, and later spiked by 685.83% in 2023.
  • Over the past 5 years, Shore Bancshares' Interest Expenses (Quarterly) stood at $2.4 million in 2019, then dropped by 27.95% to $1.7 million in 2020, then rose by 1.56% to $1.8 million in 2021, then soared by 203.70% to $5.3 million in 2022, then skyrocketed 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.