Shore Bancshares (SHBI) Operating Expenses (2017 - 2023)

Shore Bancshares has reported Operating Expenses over the past 7 years, most recently at $33.7 million for Q4 2023.

  • Quarterly results put Operating Expenses at $33.7 million for Q4 2023, up 60.33% from a year ago — trailing twelve months through Dec 2023 was $123.3 million (up 53.54% YoY), and the annual figure for FY2025 was $138.0 million, changed 0.16%.
  • Operating Expenses for Q4 2023 was $33.7 million at Shore Bancshares, down from $47.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for SHBI hit a ceiling of $47.2 million in Q3 2023 and a floor of $7.7 million in Q2 2020.
  • Median Operating Expenses over the past 5 years was $11.4 million (2021), compared with a mean of $16.8 million.
  • Biggest five-year swings in Operating Expenses: fell 14.71% in 2020 and later surged 149.53% in 2023.
  • Shore Bancshares' Operating Expenses stood at $9.8 million in 2019, then increased by 7.22% to $10.6 million in 2020, then soared by 122.59% to $23.5 million in 2021, then decreased by 10.63% to $21.0 million in 2022, then skyrocketed by 60.33% to $33.7 million in 2023.
  • The last three reported values for Operating Expenses were $33.7 million (Q4 2023), $47.2 million (Q3 2023), and $21.6 million (Q2 2023) per Business Quant data.