Shore Bancshares (SHBI) Provisions: 2017-2023
Historic Provisions for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to $897,000.
- Shore Bancshares' Provisions rose 99.33% to $897,000 in Q4 2023 from the same period last year, while for Dec 2023 it was $31.0 million, marking a year-over-year increase of 1507.95%. This contributed to the annual value of $4.7 million for FY2024, which is 84.69% down from last year.
- As of Q4 2023, Shore Bancshares' Provisions stood at $897,000, which was down 96.82% from $28.2 million recorded in Q3 2023.
- In the past 5 years, Shore Bancshares' Provisions ranged from a high of $28.2 million in Q3 2023 and a low of -$1.7 million during Q4 2021.
- For the 3-year period, Shore Bancshares' Provisions averaged around $2.7 million, with its median value being $625,000 (2021).
- In the last 5 years, Shore Bancshares' Provisions slumped by 264.10% in 2021 and then soared by 4,074.22% in 2023.
- Shore Bancshares' Provisions (Quarterly) stood at $200,000 in 2019, then spiked by 425.00% to $1.1 million in 2020, then slumped by 264.10% to -$1.7 million in 2021, then skyrocketed by 126.12% to $450,000 in 2022, then surged by 99.33% to $897,000 in 2023.
- Its Provisions was $897,000 in Q4 2023, compared to $28.2 million in Q3 2023 and $667,000 in Q2 2023.