Shore Bancshares (SHBI) Tax Provisions (2010 - 2026)
Shore Bancshares (SHBI) posted quarterly Tax Provisions of $5.6 million for Q1 2026, up 23.97% year-over-year from $4.5 million in Q1 2025, and up 13.79% quarter-over-quarter from $4.9 million in Q4 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 for Q1 2026 stood at $5.6 million, up from $4.9 million in the prior quarter.
- The five-year high for Tax Provisions was $5.6 million in Q1 2026, with the low at -$5.0 million in Q3 2023.
- The 5-year median for Tax Provisions is $3.8 million (2024), against an average of $3.1 million.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions slumped 245.64% in 2023, then surged 175.68% in 2024.
- Shore Bancshares' Tax Provisions stood at $2.9 million in 2022, then jumped by 36.23% to $4.0 million in 2023, then gained by 20.99% to $4.9 million in 2024, then gained by 0.74% to $4.9 million in 2025, then grew by 13.79% to $5.6 million in 2026.
- Business Quant data shows SHBI's Tax Provisions at $5.6 million in Q1 2026, $4.9 million in Q4 2025, and $4.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Shore Bancshares | 781.43 Mn | 523.76 Mn | - | 6.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.32 Mn |
| 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 |