Shore Bancshares (SHBI) Other Operating Expenses: 2017-2023
Historic Other Operating Expenses for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to $27.2 million.
- Shore Bancshares' Other Operating Expenses rose 71.71% to $27.2 million in Q4 2023 from the same period last year, while for Dec 2023 it was $86.8 million, marking a year-over-year increase of 37.69%. This contributed to the annual value of $112.8 million for FY2024, which is 29.86% up from last year.
- According to the latest figures from Q4 2023, Shore Bancshares' Other Operating Expenses is $27.2 million, which was up 1.40% from $26.8 million recorded in Q3 2023.
- Shore Bancshares' Other Operating Expenses' 5-year high stood at $27.2 million during Q4 2023, with a 5-year trough of $5.7 million in Q2 2020.
- Over the past 3 years, Shore Bancshares' median Other Operating Expenses value was $15.9 million (recorded in 2022), while the average stood at $15.7 million.
- Its Other Operating Expenses has fluctuated over the past 5 years, first decreased by 20.08% in 2020, then surged by 93.90% in 2022.
- Quarterly analysis of 5 years shows Shore Bancshares' Other Operating Expenses stood at $9.8 million in 2019, then declined by 15.17% to $8.4 million in 2020, then spiked by 52.62% to $12.7 million in 2021, then grew by 24.21% to $15.8 million in 2022, then skyrocketed by 71.71% to $27.2 million in 2023.
- Its Other Operating Expenses was $27.2 million in Q4 2023, compared to $26.8 million in Q3 2023 and $16.6 million in Q2 2023.