Shore Bancshares (SHBI) Interest Expenses: 2009-2024
Historic Interest Expenses for Shore Bancshares (SHBI) over the last 16 years, with Dec 2024 value amounting to $124.8 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.
- Per Shore Bancshares' latest filing, its Interest Expenses stood at $124.8 million for FY2024, which was up 58.42% from $78.8 million recorded in FY2023.
- Over the past 5 years, Shore Bancshares' Interest Expenses peaked at $124.8 million during FY2024, and registered a low of $6.0 million during FY2021.
- Over the past 3 years, Shore Bancshares' median Interest Expenses value was $78.8 million (recorded in 2023), while the average stood at $72.0 million.
- In the last 5 years, Shore Bancshares' Interest Expenses decreased by 26.53% in 2020 and then soared by 528.02% in 2023.
- Shore Bancshares' Interest Expenses (Yearly) stood at $7.1 million in 2020, then decreased by 14.70% to $6.0 million in 2021, then spiked by 107.70% to $12.5 million in 2022, then surged by 528.02% to $78.8 million in 2023, then surged by 58.42% to $124.8 million in 2024.