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Shore Bancshares (SHBI) Restructuring Costs: 2021-2023

Historic Restructuring Costs for Shore Bancshares (SHBI) over the last 3 years, with Dec 2023 value amounting to $17.4 million.

  • 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.
  • Latest data reveals that Shore Bancshares reported Restructuring Costs of $17.4 million as of FY2023, which was up 727.26% from $2.1 million recorded in FY2022.
  • Shore Bancshares' 5-year Restructuring Costs high stood at $17.4 million for FY2023, and its period low was $2.1 million during FY2022.
  • For the 3-year period, Shore Bancshares' Restructuring Costs averaged around $9.3 million, with its median value being $8.5 million (2021).
  • Per our database at Business Quant, Shore Bancshares' Restructuring Costs slumped by 75.40% in 2022 and then soared by 727.26% in 2023.
  • Yearly analysis of 3 years shows Shore Bancshares' Restructuring Costs stood at $8.5 million in 2021, then crashed by 75.40% to $2.1 million in 2022, then skyrocketed by 727.26% to $17.4 million in 2023.