Shore Bancshares (SHBI) Operating Expenses (2017 - 2023)
Historic Operating Expenses for Shore Bancshares (SHBI) over the last 7 years, with Q4 2023 value amounting to $33.7 million.
- Shore Bancshares' Operating Expenses rose 6033.14% to $33.7 million in Q4 2023 from the same period last year, while for Dec 2023 it was $123.3 million, marking a year-over-year increase of 5353.69%. This contributed to the annual value of $138.3 million for FY2024, which is 1210.18% up from last year.
- According to the latest figures from Q4 2023, Shore Bancshares' Operating Expenses is $33.7 million, which was up 6033.14% from $47.2 million recorded in Q3 2023.
- Shore Bancshares' Operating Expenses' 5-year high stood at $47.2 million during Q3 2023, with a 5-year trough of $7.7 million in Q2 2020.
- Its 5-year average for Operating Expenses is $16.8 million, with a median of $11.4 million in 2021.
- Its Operating Expenses has fluctuated over the past 5 years, first tumbled by 1471.34% in 2020, then soared by 14952.64% in 2023.
- Quarter analysis of 5 years shows Shore Bancshares' Operating Expenses stood at $9.8 million in 2019, then grew by 7.22% to $10.6 million in 2020, then soared by 122.59% to $23.5 million in 2021, then fell by 10.63% to $21.0 million in 2022, then soared by 60.33% to $33.7 million in 2023.
- Its Operating Expenses was $33.7 million in Q4 2023, compared to $47.2 million in Q3 2023 and $21.6 million in Q2 2023.