Shore Bancshares (SHBI) Other Operating Expenses: 2009-2024
Historic Other Operating Expenses for Shore Bancshares (SHBI) over the last 16 years, with Dec 2024 value amounting to $112.8 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.
- Shore Bancshares' Other Operating Expenses amounted to $112.8 million in FY2024, which was up 29.86% from $86.8 million recorded in FY2023.
- Shore Bancshares' Other Operating Expenses' 5-year high stood at $112.8 million during FY2024, with a 5-year trough of $30.0 million in FY2020.
- Moreover, its 3-year median value for Other Operating Expenses was $86.8 million (2023), whereas its average is $87.6 million.
- Per our database at Business Quant, Shore Bancshares' Other Operating Expenses fell by 20.21% in 2020 and then spiked by 65.84% in 2022.
- Over the past 5 years, Shore Bancshares' Other Operating Expenses (Yearly) stood at $30.0 million in 2020, then climbed by 26.91% to $38.0 million in 2021, then soared by 65.84% to $63.1 million in 2022, then surged by 37.69% to $86.8 million in 2023, then rose by 29.86% to $112.8 million in 2024.