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

Historic Tax Rate for Shore Bancshares (SHBI) over the last 12 years, with Q4 2023 value amounting to 27.69%.

  • Shore Bancshares' Tax Rate rose 17300.0% to 27.69% in Q4 2023 from the same period last year, while for Dec 2023 it was 20.83%, marking a year-over-year decrease of 51800.0%. This contributed to the annual value of 25.24% for FY2024, which is 44000.0% up from last year.
  • Shore Bancshares' Tax Rate amounted to 27.69% in Q4 2023, which was up 17300.0% from 33.89% recorded in Q3 2023.
  • Shore Bancshares' Tax Rate's 5-year high stood at 67.33% during Q4 2020, with a 5-year trough of 25.08% in Q3 2019.
  • Moreover, its 5-year median value for Tax Rate was 26.18% (2022), whereas its average is 28.83%.
  • As far as peak fluctuations go, Shore Bancshares' Tax Rate surged by 414800bps in 2020, and later tumbled by -355000bps in 2021.
  • Shore Bancshares' Tax Rate (Quarter) stood at 25.85% in 2019, then soared by 160bps to 67.33% in 2020, then tumbled by -53bps to 31.82% in 2021, then dropped by -18bps to 25.96% in 2022, then grew by 7bps to 27.69% in 2023.
  • Its last three reported values are 27.69% in Q4 2023, 33.89% for Q3 2023, and 27.12% during Q2 2023.