Shore Bancshares (SHBI) Tax Provisions: 2017-2023

Historic Tax Provisions for Shore Bancshares (SHBI) over the last 7 years, with Dec 2023 value amounting to $4.0 million.

  • Shore Bancshares' Tax Provisions rose 36.23% to $4.0 million in Q4 2023 from the same period last year, while for Dec 2023 it was $3.0 million, marking a year-over-year decrease of 73.05%. This contributed to the annual value of $14.8 million for FY2024, which is 401.18% up from last year.
  • Shore Bancshares' Tax Provisions amounted to $4.0 million in Q4 2023, which was up 180.46% from -$5.0 million recorded in Q3 2023.
  • Shore Bancshares' Tax Provisions' 5-year high stood at $4.0 million during Q4 2023, with a 5-year trough of -$5.0 million in Q3 2023.
  • Over the past 3 years, Shore Bancshares' median Tax Provisions value was $1.8 million (recorded in 2021), while the average stood at $1.6 million.
  • Its Tax Provisions has fluctuated over the past 5 years, first surged by 150.54% in 2020, then slumped by 245.64% in 2023.
  • Shore Bancshares' Tax Provisions (Quarterly) stood at $1.4 million in 2019, then skyrocketed by 150.54% to $3.5 million in 2020, then slumped by 63.74% to $1.3 million in 2021, then spiked by 131.94% to $2.9 million in 2022, then skyrocketed by 36.23% to $4.0 million in 2023.
  • Its Tax Provisions was $4.0 million in Q4 2023, compared to -$5.0 million in Q3 2023 and $1.5 million in Q2 2023.