Shore Bancshares (SHBI) Research & Development (2017 - 2023)
Historic Research & Development for Shore Bancshares (SHBI) over the last 12 years, with Q4 2023 value amounting to $2.8 million.
- Shore Bancshares' Research & Development rose 4876.08% to $2.8 million in Q4 2023 from the same period last year, while for Dec 2023 it was $8.8 million, marking a year-over-year increase of 2747.46%. This contributed to the annual value of $12.3 million for FY2024, which is 4037.34% up from last year.
- Shore Bancshares' Research & Development amounted to $2.8 million in Q4 2023, which was up 4876.08% from $2.5 million recorded in Q3 2023.
- Over the past 5 years, Shore Bancshares' Research & Development peaked at $2.8 million during Q4 2023, and registered a low of $910000.0 during Q1 2019.
- Moreover, its 5-year median value for Research & Development was $1.2 million (2021), whereas its average is $1.5 million.
- Its Research & Development has fluctuated over the past 5 years, first skyrocketed by 5034.19% in 2022, then skyrocketed by 425.66% in 2023.
- Over the past 5 years, Shore Bancshares' Research & Development (Quarter) stood at $972000.0 in 2019, then grew by 12.45% to $1.1 million in 2020, then soared by 36.05% to $1.5 million in 2021, then increased by 24.82% to $1.9 million in 2022, then soared by 48.76% to $2.8 million in 2023.
- Its Research & Development was $2.8 million in Q4 2023, compared to $2.5 million in Q3 2023 and $1.7 million in Q2 2023.