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Shore Bancshares (SHBI) Tax Provisions (2017 - 2023)

Historic Tax Provisions for Shore Bancshares (SHBI) over the last 7 years, with Q4 2023 value amounting to $4.0 million.

  • Shore Bancshares' Tax Provisions rose 3622.8% to $4.0 million in Q4 2023 from the same period last year, while for Dec 2023 it was -$4.5 million, marking a year-over-year decrease of 13588.28%. This contributed to the annual value of $14.8 million for FY2024, which is 40118.4% up from last year.
  • As of Q4 2023, Shore Bancshares' Tax Provisions stood at $4.0 million, which was up 3622.8% from -$5.0 million recorded in Q3 2023.
  • Over the past 5 years, Shore Bancshares' Tax Provisions peaked at $4.0 million during Q4 2023, and registered a low of -$5.0 million during Q3 2023.
  • Its 5-year average for Tax Provisions is $1.6 million, with a median of $1.5 million in 2019.
  • Its Tax Provisions has fluctuated over the past 5 years, first surged by 15053.61% in 2020, then tumbled by 24563.76% in 2023.
  • Quarter analysis of 5 years shows Shore Bancshares' Tax Provisions stood at $1.4 million in 2019, then skyrocketed by 150.54% to $3.5 million in 2020, then crashed by 63.74% to $1.3 million in 2021, then surged by 131.94% to $2.9 million in 2022, then skyrocketed by 36.23% to $4.0 million in 2023.
  • Its last three reported values are $4.0 million in Q4 2023, -$5.0 million for Q3 2023, and $1.5 million during Q2 2023.