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Shore Bancshares (SHBI) Service Charges: 2017-2023

Historic Service Charges for Shore Bancshares (SHBI) over the last 3 years, with Dec 2023 value amounting to $2.7 million.

  • Shore Bancshares' Service Charges rose 11.62% to $2.7 million in Q4 2023 from the same period last year, while for Dec 2023 it was $14.5 million, marking a year-over-year increase of 154.28%. This contributed to the annual value of $10.2 million for FY2024, which is 30.94% down from last year.
  • Per Shore Bancshares' latest filing, its Service Charges stood at $2.7 million for Q4 2023, which was down 69.18% from $8.6 million recorded in Q3 2023.
  • Shore Bancshares' Service Charges' 5-year high stood at $8.6 million during Q3 2023, with a 5-year trough of $1.3 million in Q3 2022.
  • Moreover, its 2-year median value for Service Charges was $2.0 million (2022), whereas its average is $3.0 million.
  • Data for Shore Bancshares' Service Charges shows a peak YoY skyrocketed of 573.56% (in 2023) over the last 5 years.
  • Shore Bancshares' Service Charges (Quarterly) stood at $2.4 million in 2022, then increased by 11.62% to $2.7 million in 2023.
  • Its Service Charges was $2.7 million in Q4 2023, compared to $8.6 million in Q3 2023 and $1.6 million in Q2 2023.