Shore Bancshares (SHBI) Provisions (2017 - 2023)

Historic Provisions for Shore Bancshares (SHBI) over the last 7 years, with Q4 2023 value amounting to $897000.0.

  • Shore Bancshares' Provisions rose 9933.33% to $897000.0 in Q4 2023 from the same period last year, while for Dec 2023 it was $57.9 million, marking a year-over-year increase of 279580.0%. This contributed to the annual value of $4.7 million for FY2024, which is 8469.29% down from last year.
  • Latest data reveals that Shore Bancshares reported Provisions of $897000.0 as of Q4 2023, which was up 9933.33% from $28.2 million recorded in Q3 2023.
  • Shore Bancshares' 5-year Provisions high stood at $28.2 million for Q3 2023, and its period low was -$1.7 million during Q4 2021.
  • Its 5-year average for Provisions is $1.9 million, with a median of $525000.0 in 2022.
  • Per our database at Business Quant, Shore Bancshares' Provisions tumbled by 26409.52% in 2021 and then soared by 407422.22% in 2023.
  • Over the past 5 years, Shore Bancshares' Provisions (Quarter) stood at $200000.0 in 2019, then soared by 425.0% to $1.0 million in 2020, then plummeted by 264.1% to -$1.7 million in 2021, then skyrocketed by 126.12% to $450000.0 in 2022, then soared by 99.33% to $897000.0 in 2023.
  • Its Provisions stands at $897000.0 for Q4 2023, versus $28.2 million for Q3 2023 and $667000.0 for Q2 2023.