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Shore Bancshares (SHBI) Operating Expenses (2016 - 2023)

Historic Operating Expenses for Shore Bancshares (SHBI) over the last 12 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.
  • As of Q4 2023, Shore Bancshares' Operating Expenses stood at $33.7 million, which was up 6033.14% from $47.2 million recorded in Q3 2023.
  • Shore Bancshares' 5-year Operating Expenses high stood at $47.2 million for Q3 2023, and its period low was $7.7 million during Q2 2020.
  • Moreover, its 5-year median value for Operating Expenses was $11.4 million (2021), whereas its average is $16.8 million.
  • As far as peak fluctuations go, Shore Bancshares' Operating Expenses crashed by 1471.34% in 2020, and later skyrocketed by 14952.64% in 2023.
  • Shore Bancshares' Operating Expenses (Quarter) stood at $9.8 million in 2019, then increased by 7.22% to $10.6 million in 2020, then skyrocketed by 122.59% to $23.5 million in 2021, then dropped by 10.63% to $21.0 million in 2022, then skyrocketed 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.