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

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 was $602000.0 for Q4 2023 at Shore Bancshares, down from $14.9 million in the prior quarter.
• In the past five years, Restructuring Costs ranged from a high of $14.9 million in Q3 2023 to a low of $159000.0 in Q3 2022.
• Historically, Restructuring Costs has averaged $2.5 million across 3 years, with a median of $691000.0 in 2023.
• The sharpest annual moves came in 2022 and 2023: Restructuring Costs plunged 87.29% in 2022, then soared 9249.69% in 2023.
• A 3-year view of Restructuring Costs shows it stood at $7.6 million in 2021, then slumped by 87.29% to $968000.0 in 2022, then sank by 37.81% to $602000.0 in 2023.
• The last three Restructuring Costs figures came in at $602000.0 (Q4 2023), $14.9 million (Q3 2023), and $1.2 million (Q2 2023), per Business Quant data.