Shore Bancshares (SHBI) Tax Provisions: 2009-2024

Historic Tax Provisions for Shore Bancshares (SHBI) over the last 16 years, with Dec 2024 value amounting to $14.8 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.
  • As of FY2024, Shore Bancshares' Tax Provisions stood at $14.8 million, which was up 401.18% from $3.0 million recorded in FY2023.
  • In the past 5 years, Shore Bancshares' Tax Provisions registered a high of $14.8 million during FY2024, and its lowest value of $3.0 million during FY2023.
  • In the last 3 years, Shore Bancshares' Tax Provisions had a median value of $11.0 million in 2022 and averaged $9.6 million.
  • As far as peak fluctuations go, Shore Bancshares' Tax Provisions tumbled by 73.04% in 2023, and later spiked by 401.18% in 2024.
  • Yearly analysis of 5 years shows Shore Bancshares' Tax Provisions stood at $7.5 million in 2020, then fell by 22.53% to $5.8 million in 2021, then skyrocketed by 88.64% to $11.0 million in 2022, then crashed by 73.04% to $3.0 million in 2023, then skyrocketed by 401.18% to $14.8 million in 2024.