Shore Bancshares (SHBI) Restructuring Costs (2021 - 2023)

Shore Bancshares' (SHBI) quarterly Restructuring Costs came in at $602000.0 in Q4 2023, down 37.81% year-on-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.

  • On a quarterly basis, Restructuring Costs fell 37.81% year-over-year to $602000.0 in Q4 2023; TTM through Sep 2024 was $602000.0, a 96.6% decrease from a year earlier, with the FY2023 full-year figure at $17.4 million, up 727.26% from the prior year.
  • Restructuring Costs eased to $602000.0 in Q4 2023 per SHBI's latest filing, from $14.9 million in the prior quarter.
  • Across five years, Restructuring Costs topped out at $14.9 million in Q3 2023 and bottomed at $159000.0 in Q3 2022.
  • The 3-year median for Restructuring Costs is $691000.0 (2023), against an average of $2.5 million.
  • Across the five-year window, Restructuring Costs plunged 87.29% in 2022 and surged 9249.69% in 2023, its largest moves.
  • Year by year, Restructuring Costs stood at $7.6 million in 2021, then plunged by 87.29% to $968000.0 in 2022, then tumbled by 37.81% to $602000.0 in 2023.
  • Per Business Quant, the three latest SHBI Restructuring Costs figures stand at $602000.0 (Q4 2023), $14.9 million (Q3 2023), and $1.2 million (Q2 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn -
6 Lloyds Banking 358.14 Bn 358.14 Bn -
7 First Capital 200.03 Bn 199.69 Bn -
8 Landmark Bancorp 187.97 Bn 187.94 Bn -
9 Pnc Financial Services 100.96 Bn 101.01 Bn -
10 Shore Bancshares 766.03 Mn 425.21 Mn -

Historic Data

Download Data
DateValue
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