Shore Bancshares (SHBI) Loans - Loss Allowance: 2017-2023
Historic Loans - Loss Allowance for Shore Bancshares (SHBI) over the last 7 years, with Sep 2023 value amounting to $57.1 million.
- Shore Bancshares' Loans - Loss Allowance rose 250.50% 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 250.50%. This contributed to the annual value of $16.6 million for FY2022, which is 19.36% up from last year.
- Per Shore Bancshares' latest filing, its Loans - Loss Allowance stood at $57.1 million for Q3 2023, which was up 96.63% from $29.0 million recorded in Q2 2023.
- Shore Bancshares' Loans - Loss Allowance's 5-year high stood at $57.1 million during Q3 2023, with a 5-year trough of $10.3 million in Q2 2019.
- In the last 3 years, Shore Bancshares' Loans - Loss Allowance had a median value of $15.5 million in 2021 and averaged $21.5 million.
- Per our database at Business Quant, Shore Bancshares' Loans - Loss Allowance fell by 0.38% in 2020 and then soared by 250.50% in 2023.
- Quarterly analysis of 5 years shows Shore Bancshares' Loans - Loss Allowance stood at $10.5 million in 2019, then spiked by 32.18% to $13.9 million in 2020, then grew by 0.40% to $13.9 million in 2021, then increased by 19.36% to $16.6 million in 2022, then soared by 250.50% 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.