Shore Bancshares (SHBI) Tax Provisions (2010 - 2026)
Shore Bancshares (SHBI) recorded quarterly Tax Provisions of $5.6 million in Q1 2026, up 13.79% quarter-over-quarter from $4.9 million in Q4 2025, and up 23.97% on a YoY basis from $4.5 million in Q1 2025.
Shore Bancshares (SHBI) Tax Provisions (2010 - 2026) Analysis & Trends
Shore Bancshares' Tax Provisions history runs 17 years deep, the most recent figure standing at $5.6 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 23.97% year-over-year to $5.6 million; the TTM figure through Mar 2026 stood at $20.2 million (up 19.72% YoY), while the FY2025 annual figure was $19.1 million, up 29.25% from the prior year.
- Tax Provisions was $5.6 million for Q1 2026 at Shore Bancshares, up from $4.9 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $5.6 million in Q1 2026 to a low of -$5.0 million in Q3 2023.
- Historically, Tax Provisions has averaged $3.1 million across 5 years, with a median of $3.8 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions tumbled 245.64% in 2023, then soared 175.68% in 2024.
- A 5-year view of Tax Provisions shows it stood at $2.9 million in 2022, then surged by 36.23% to $4.0 million in 2023, then advanced by 20.99% to $4.9 million in 2024, then advanced by 0.74% to $4.9 million in 2025, then increased by 13.79% to $5.6 million in 2026.
- The last three Tax Provisions figures came in at $5.6 million (Q1 2026), $4.9 million (Q4 2025), and $4.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -78,154.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -633.64 Mn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.03 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.25 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -709.14 Mn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 391.52 Mn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Shore Bancshares | 763.17 Mn | 422.35 Mn | - | 5.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.57 Mn |
| Dec 31, 2025 | 4.90 Mn |
| Sep 30, 2025 | 4.64 Mn |
| Jun 30, 2025 | 5.13 Mn |
| Mar 31, 2025 | 4.49 Mn |
| Dec 31, 2024 | 4.86 Mn |
| Sep 30, 2024 | 3.78 Mn |
| Jun 30, 2024 | 3.77 Mn |
| Mar 31, 2024 | 2.41 Mn |
| Dec 31, 2023 | 4.02 Mn |
| Sep 30, 2023 | -4.99 Mn |
| Jun 30, 2023 | 1.50 Mn |
| Mar 31, 2023 | 2.44 Mn |
| Dec 31, 2022 | 2.95 Mn |
| Sep 30, 2022 | 3.43 Mn |
| Jun 30, 2022 | 2.66 Mn |
| Mar 31, 2022 | 1.93 Mn |
| Dec 31, 2021 | 1.27 Mn |
| Sep 30, 2021 | 1.66 Mn |
| Jun 30, 2021 | 1.45 Mn |