Shore Bancshares (SHBI) Tax Provisions (2017 - 2023)
Shore Bancshares has reported Tax Provisions over the past 7 years, most recently at $4.0 million for Q4 2023.
- Quarterly results put Tax Provisions at $4.0 million for Q4 2023, up 36.23% from a year ago — trailing twelve months through Dec 2023 was $3.0 million (down 73.05% YoY), and the annual figure for FY2025 was $19.1 million, up 29.25%.
- Tax Provisions for Q4 2023 was $4.0 million at Shore Bancshares, up from -$5.0 million in the prior quarter.
- Over the last five years, Tax Provisions for SHBI hit a ceiling of $4.0 million in Q4 2023 and a floor of -$5.0 million in Q3 2023.
- Median Tax Provisions over the past 5 years was $1.5 million (2019), compared with a mean of $1.6 million.
- Biggest five-year swings in Tax Provisions: skyrocketed 196.88% in 2022 and later tumbled 245.64% in 2023.
- Shore Bancshares' Tax Provisions stood at $1.4 million in 2019, then soared by 150.54% to $3.5 million in 2020, then crashed by 71.67% to $993000.0 in 2021, then skyrocketed by 196.88% to $2.9 million in 2022, then soared by 36.23% to $4.0 million in 2023.
- The last three reported values for Tax Provisions were $4.0 million (Q4 2023), -$5.0 million (Q3 2023), and $1.5 million (Q2 2023) per Business Quant data.