Shore Bancshares (SHBI) Restructuring Costs: 2021-2023
Historic Restructuring Costs for Shore Bancshares (SHBI) over the last 2 years, with Dec 2023 value amounting to $602,000.
- Shore Bancshares' Restructuring Costs fell 37.81% to $602,000 in Q4 2023 from the same period last year, while for Dec 2023 it was $17.4 million, marking a year-over-year increase of 727.26%. This contributed to the annual value of $17.4 million for FY2023, which is 727.26% up from last year.
- Per Shore Bancshares' latest filing, its Restructuring Costs stood at $602,000 for Q4 2023, which was down 95.95% from $14.9 million recorded in Q3 2023.
- In the past 5 years, Shore Bancshares' Restructuring Costs registered a high of $14.9 million during Q3 2023, and its lowest value of $159,000 during Q3 2022.
- Over the past 3 years, Shore Bancshares' median Restructuring Costs value was $710,500 (recorded in 2022), while the average stood at $2.8 million.
- Per our database at Business Quant, Shore Bancshares' Restructuring Costs tumbled by 87.29% in 2022 and then soared by 9,249.69% in 2023.
- Quarterly analysis of 3 years shows Shore Bancshares' Restructuring Costs stood at $7.6 million in 2021, then plummeted by 87.29% to $968,000 in 2022, then plummeted by 37.81% to $602,000 in 2023.
- Its Restructuring Costs stands at $602,000 for Q4 2023, versus $14.9 million for Q3 2023 and $1.2 million for Q2 2023.