Shore Bancshares (SHBI) Rent Expense: 2009-2024
Historic Rent Expense for Shore Bancshares (SHBI) over the last 14 years, with Dec 2024 value amounting to $9.7 million.
- Shore Bancshares' Rent Expense rose 37.43% to $2.3 million in Q4 2023 from the same period last year, while for Dec 2023 it was $7.8 million, marking a year-over-year increase of 24.82%. This contributed to the annual value of $9.7 million for FY2024, which is 24.58% up from last year.
- According to the latest figures from FY2024, Shore Bancshares' Rent Expense is $9.7 million, which was up 24.58% from $7.8 million recorded in FY2023.
- Shore Bancshares' 5-year Rent Expense high stood at $9.7 million for FY2024, and its period low was $2.9 million during FY2020.
- Moreover, its 3-year median value for Rent Expense was $7.8 million (2023), whereas its average is $7.9 million.
- Data for Shore Bancshares' Rent Expense shows a peak YoY surged of 69.16% (in 2022) over the last 5 years.
- Yearly analysis of 5 years shows Shore Bancshares' Rent Expense stood at $2.9 million in 2020, then grew by 26.41% to $3.7 million in 2021, then surged by 69.16% to $6.2 million in 2022, then climbed by 24.82% to $7.8 million in 2023, then grew by 24.58% to $9.7 million in 2024.