Shore Bancshares (SHBI) Provisions: 2009-2024
Historic Provisions for Shore Bancshares (SHBI) over the last 16 years, with Dec 2024 value amounting to $4.7 million.
- 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.
- Per Shore Bancshares' latest filing, its Provisions stood at $4.7 million for FY2024, which was down 84.69% from $31.0 million recorded in FY2023.
- In the past 5 years, Shore Bancshares' Provisions ranged from a high of $31.0 million in FY2023 and a low of -$358,000 during FY2021.
- Over the past 3 years, Shore Bancshares' median Provisions value was $4.7 million (recorded in 2024), while the average stood at $12.5 million.
- Per our database at Business Quant, Shore Bancshares' Provisions plummeted by 109.18% in 2021 and then surged by 1,507.95% in 2023.
- Over the past 5 years, Shore Bancshares' Provisions (Yearly) stood at $3.9 million in 2020, then plummeted by 109.18% to -$358,000 in 2021, then spiked by 637.71% to $1.9 million in 2022, then surged by 1,507.95% to $31.0 million in 2023, then plummeted by 84.69% to $4.7 million in 2024.