Shore Bancshares (SHBI) Research & Development: 2009-2024
Historic Research & Development for Shore Bancshares (SHBI) over the last 14 years, with Dec 2024 value amounting to $12.3 million.
- Shore Bancshares' Research & Development rose 48.76% 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 27.47%. This contributed to the annual value of $12.3 million for FY2024, which is 40.37% up from last year.
- Shore Bancshares' Research & Development amounted to $12.3 million in FY2024, which was up 40.37% from $8.8 million recorded in FY2023.
- Shore Bancshares' Research & Development's 5-year high stood at $12.3 million during FY2024, with a 5-year trough of $4.3 million in FY2020.
- In the last 3 years, Shore Bancshares' Research & Development had a median value of $8.8 million in 2023 and averaged $9.3 million.
- Data for Shore Bancshares' Research & Development shows a peak YoY soared of 40.37% (in 2024) over the last 5 years.
- Over the past 5 years, Shore Bancshares' Research & Development (Yearly) stood at $4.3 million in 2020, then rose by 16.63% to $5.0 million in 2021, then soared by 37.77% to $6.9 million in 2022, then increased by 27.47% to $8.8 million in 2023, then surged by 40.37% to $12.3 million in 2024.