Shore Bancshares (SHBI) Loans - Loss Allowance (2017 - 2023)

Historic Loans - Loss Allowance for Shore Bancshares (SHBI) over the last 7 years, with Q3 2023 value amounting to $57.1 million.

  • Shore Bancshares' Loans - Loss Allowance rose 25050.07% to $57.1 million in Q3 2023 from the same period last year, while for Sep 2023 it was $57.1 million, marking a year-over-year increase of 25050.07%. This contributed to the annual value of $16.6 million for FY2022, which is 1935.6% up from last year.
  • According to the latest figures from Q3 2023, Shore Bancshares' Loans - Loss Allowance is $57.1 million, which was up 25050.07% from $29.0 million recorded in Q2 2023.
  • In the past 5 years, Shore Bancshares' Loans - Loss Allowance ranged from a high of $57.1 million in Q3 2023 and a low of $10.3 million during Q2 2019
  • In the last 5 years, Shore Bancshares' Loans - Loss Allowance had a median value of $14.3 million in 2021 and averaged $17.2 million.
  • Per our database at Business Quant, Shore Bancshares' Loans - Loss Allowance crashed by 38.4% in 2020 and then surged by 25050.07% in 2023.
  • Over the past 5 years, Shore Bancshares' Loans - Loss Allowance (Quarter) stood at $10.5 million in 2019, then soared by 32.18% to $13.9 million in 2020, then rose by 0.4% to $13.9 million in 2021, then rose by 19.36% to $16.6 million in 2022, then surged by 242.79% to $57.1 million in 2023.
  • Its Loans - Loss Allowance stands at $57.1 million for Q3 2023, versus $29.0 million for Q2 2023 and $28.5 million for Q1 2023.