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Shore Bancshares (SHBI) Operating Expenses: 2009-2024

Historic Operating Expenses for Shore Bancshares (SHBI) over the last 16 years, with Dec 2024 value amounting to $138.3 million.

  • Shore Bancshares' Operating Expenses rose 60.33% 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 53.54%. This contributed to the annual value of $138.3 million for FY2024, which is 12.10% up from last year.
  • Per Shore Bancshares' latest filing, its Operating Expenses stood at $138.3 million for FY2024, which was up 12.10% from $123.3 million recorded in FY2023.
  • In the past 5 years, Shore Bancshares' Operating Expenses registered a high of $138.3 million during FY2024, and its lowest value of $38.4 million during FY2020.
  • Its 3-year average for Operating Expenses is $114.0 million, with a median of $123.3 million in 2023.
  • Data for Shore Bancshares' Operating Expenses shows a peak YoY surged of 53.54% (in 2023) over the last 5 years.
  • Over the past 5 years, Shore Bancshares' Operating Expenses (Yearly) stood at $38.4 million in 2020, then soared by 47.94% to $56.8 million in 2021, then soared by 41.40% to $80.3 million in 2022, then spiked by 53.54% to $123.3 million in 2023, then climbed by 12.10% to $138.3 million in 2024.