Shore Bancshares (SHBI) Restructuring Costs (2021 - 2023)
Shore Bancshares (SHBI) posted quarterly Restructuring Costs of $602000.0 for Q4 2023, down 37.81% year-over-year from $968000.0 in Q4 2022, and down 95.95% quarter-over-quarter from $14.9 million in Q3 2023.
Shore Bancshares (SHBI) Restructuring Costs (2021 - 2023) Analysis & Trends
Shore Bancshares' Restructuring Costs history runs 3 years deep, the most recent figure standing at $602000.0 for Q4 2023.
- In Q4 2023, Restructuring Costs fell 37.81% year-over-year to $602000.0; the TTM figure through Sep 2024 stood at $602000.0 (down 96.6% YoY), while the FY2023 annual figure was $17.4 million, up 727.26% from the prior year.
- Restructuring Costs for Q4 2023 stood at $602000.0, down from $14.9 million in the prior quarter.
- The five-year high for Restructuring Costs was $14.9 million in Q3 2023, with the low at $159000.0 in Q3 2022.
- The 3-year median for Restructuring Costs is $691000.0 (2023), against an average of $2.5 million.
- The sharpest annual moves came in 2022 and 2023: Restructuring Costs tumbled 87.29% in 2022, then surged 9249.69% in 2023.
- Shore Bancshares' Restructuring Costs stood at $7.6 million in 2021, then sank by 87.29% to $968000.0 in 2022, then plunged by 37.81% to $602000.0 in 2023.
- Business Quant data shows SHBI's Restructuring Costs at $602000.0 in Q4 2023, $14.9 million in Q3 2023, and $1.2 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.84 Bn | 84.64 Bn | - |
| 2 | Pnc Financial Services | 97.90 Bn | 97.90 Bn | - |
| 3 | Us Bancorp | 96.36 Bn | 96.36 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.94 Bn | -144.15 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.20 Bn | -81.12 Bn | - |
| 7 | Nu Holdings | 71.07 Bn | 57.38 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.74 Bn | 61.74 Bn | - |
| 9 | Fifth Third Bancorp | 49.93 Bn | 26.21 Bn | - |
| 10 | Shore Bancshares | 777.41 Mn | 519.74 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 602,000.00 |
| Sep 30, 2023 | 14.87 Mn |
| Jun 30, 2023 | 1.20 Mn |
| Mar 31, 2023 | 691,000.00 |
| Dec 31, 2022 | 968,000.00 |
| Sep 30, 2022 | 159,000.00 |
| Jun 30, 2022 | 241,000.00 |
| Mar 31, 2022 | 730,000.00 |
| Dec 31, 2021 | 7.62 Mn |
| Sep 30, 2021 | 538,000.00 |
| Jun 30, 2021 | 377,000.00 |