Shore Bancshares, Inc (SHBI)

Etorro trading 970x250

About Shore Bancshares, Inc

Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit. In addition, it offers non-deposit products, such as mutual funds and annuities, and discount brokerage services; and trust, asset management, and financial planning services. Further, the company provides merchant credit card clearing, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; direct deposit of payroll; and automatic teller machine (ATM) services. It operates 22 full service branches, 24 ATMs, 2 loan production offices in Baltimore City, Baltimore County, Howard County, Kent County, Queen Anne’s County, Caroline County, Talbot County, Dorchester County, and Worcester County in Maryland; Kent County, Delaware; and Accomack County, Virginia. The company was founded in 1876 and is headquartered in Easton, Maryland. Address: 28969 Information Lane, Easton, MD, United States, 21601

Shore Bancshares, Inc News and around…

Latest news about Shore Bancshares, Inc (SHBI) common stock and company :

Fidelity (FIS), Cadence (CADE) Partner for FIS-Based Solution
01 Dec, 2021 Yahoo! Finance

Cadence (CADE) will shift its on-premises banking platform to Fidelity's (FIS) cloud-based solutions to boost its efficiency and scale.

Here's Why You Should Hold Onto Comerica (CMA) Stock Now
30 Nov, 2021 Yahoo! Finance

Despite bearing a concentrated loan portfolio, Comerica (CMA) is worth retaining in your portfolio on the back of its cost-control initiatives and improving organic growth.

Northern Trust (NTRS) Fortifies Relationship With Pendal
30 Nov, 2021 Yahoo! Finance

Northern Trust (NTRS) tightens its partnership ties with Pendal, which will likely drive its top line and strengthen its position on the competitive landscape.

Best Momentum Stocks to Buy for November 24th
24 Nov, 2021 Yahoo! Finance

COTY, KRO, NVMI, and SHBI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 24, 2021.

Best Momentum Stocks to Buy for November 18th
18 Nov, 2021 Yahoo! Finance

CLFD, CVCO, GIL, and SHBI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 18, 2021.

Best Momentum Stocks to Buy for November 16th
16 Nov, 2021 Yahoo! Finance

NMRK, SHBI, CG, and BLDR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 16, 2021.

Shore Bancshares (NASDAQ:SHBI) Has Affirmed Its Dividend Of US$0.12
06 Nov, 2021 Yahoo! Finance

Shore Bancshares, Inc. ( NASDAQ:SHBI ) will pay a dividend of US$0.12 on the 30th of November. This payment means that...

Benzinga's Top Ratings Upgrades, Downgrades For November 4, 2021
04 Nov, 2021 FinancialContent

Upgrades According to B. Riley Securities, the prior rating for Monroe Capital Corp (NASDAQ:MRCC) was changed from Neutral to Buy. For ...

Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share
02 Nov, 2021 Yahoo! Finance

Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 30, 2021 to stockholders of record on November 12, 2021.

Shored United closes acquisition of Severn Savings Bank
01 Nov, 2021 Yahoo! Finance

With the transaction finalized, Shore United is now the third-largest bank headquartered in Maryland and has made its entrance across the Chesapeake Bay Bridge into Anne Arundel County.

Shore Bancshares, Inc. Announces Completion of Acquisition of Severn Bancorp, Inc.
01 Nov, 2021 Yahoo! Finance

Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company" or "Shore"), the holding company of Shore United Bank, National Association (the "Shore United"), announced today that it has completed the acquisition, effective as of October 31, 2021, of Severn Bancorp, Inc. (NASDAQ: SVBI) ("Severn"), the savings and loan holding company of Severn Savings Bank, FSB, a federally chartered savings bank headquartered in Annapolis, Maryland. In connection with the merger, Shore United consummated its conversion

Shore Bancshares Reports Third Quarter and Nine-Month Financial Results
28 Oct, 2021 Yahoo! Finance

Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $4.617 million or $0.39 per diluted common share for the third quarter of 2021, compared to net income of $4.031 million or $0.34 per diluted common share for the second quarter of 2021, and net income of $3.391 million or $0.27 per diluted common share for the third quarter of 2020. Net income for the first nine months of 2021 was $12.645 million or $1.08 per diluted common share, compared to net income for the first

Shore Bancshares, Inc. and Severn Bancorp, Inc. Announce Receipt of Shareholder Approval for Merger
22 Oct, 2021 Yahoo! Finance

Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company" or "Shore"), the holding company of Shore United Bank, and Severn Bancorp, Inc. (NASDAQ: SVBI) ("Severn"), the holding company of Severn Savings Bank, FSB, announced today that, at special meetings of their respective shareholders held on October 22, 2021, Shore's shareholders approved the merger of Severn with and into Shore, with Shore as the surviving corporation (the "Merger"), and the issuance of shares of Shore's common stock to the shar

A number of insiders bought Shore Bancshares, Inc. (NASDAQ:SHBI) stock last year, which is great news for shareholders
08 Oct, 2021 Yahoo! Finance

Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...

Shore Bancshares, Inc. Announces Receipt Of Regulatory Approvals For Acquisition Of Severn Bancorp, Inc.
27 Sep, 2021 Yahoo! Finance

Shore Bancshares, Inc. ("the Company" or "Shore") (NASDAQ:SHBI), the holding company of Shore United Bank, announced today that it has received regulatory approval from the Office of the Comptroller of the Currency to convert Shore United Bank to a national bank and, for Severn Savings Bank, FSB to be merged with and into Shore United Bank, National Association on the terms and subject to the conditions of the Agreement and Plan of Merger, dated as of March 3, 2021, by and between the Company an

Shore Bancshares Announces Resignation of Board of Director David J. Bates
12 Aug, 2021 Yahoo! Finance

Shore Bancshares, Inc. (the "Company") (NASDAQ: SHBI) announced today that David J. Bates, one of its distinguished board members resigned on August 9, 2021, made effective as of August 31, 2021.

There's A Lot To Like About Shore Bancshares' (NASDAQ:SHBI) Upcoming US$0.12 Dividend
08 Aug, 2021 Yahoo! Finance

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

Shore Bancshares (SHBI) Q2 Earnings and Revenues Surpass Estimates
29 Jul, 2021 Yahoo! Finance

Shore Bancshares (SHBI) delivered earnings and revenue surprises of 13.33% and 2.61%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Shore Bancshares Reports Second Quarter and First-Half Financial Results
29 Jul, 2021 Yahoo! Finance

Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $4.031 million or $0.34 per diluted common share for the second quarter of 2021, compared to net income of $3.998 million or $0.34 per diluted common share for the first quarter of 2021, and net income of $5.335 million or $0.43 per diluted common share for the second quarter of 2020. Net income for the first half of 2021 was $8.028 million or $0.68 per diluted common share, compared to net income for the first half of

Analysts Estimate Shore Bancshares (SHBI) to Report a Decline in Earnings: What to Look Out for
15 Jul, 2021 Yahoo! Finance

Shore Bancshares (SHBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Are Institutions Heavily Invested In Shore Bancshares, Inc.'s (NASDAQ:SHBI) Shares?
18 Jun, 2021 Yahoo! Finance

Every investor in Shore Bancshares, Inc. ( NASDAQ:SHBI ) should be aware of the most powerful shareholder groups...

Shore Bancshares Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Shore Bancshares, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm
24 Apr, 2021 FinancialContent

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Shore Bancshares, Inc. (NASDAQ: SHBI) and Severn Bancorp, Inc. is fair to Shore Bancshares shareholders. Severn shareholders are expected to receive cash and stock in connection with the merger.

SEVERN BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Severn Bancorp, Inc. - SVBI
12 Mar, 2021 FinancialContent

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Severn Bancorp, Inc. (NasdaqCM: SVBI) to Shore Bancshares, Inc. (NasdaqGS: SHBI). Under the terms of the proposed transaction, shareholders of Severn will receive only 0.6207 shares of Shore common stock and $1.59 in cash for each share of Severn that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Stocks That Hit 52-Week Highs On Thursday
11 Mar, 2021 FinancialContent

On Thursday morning, 420 companies hit new 52-week highs. Significant Points: The largest company by market cap to ...

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Severn Bancorp, Inc. Buyout
04 Mar, 2021 FinancialContent
SEVERN ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of SVBI and Encourages Investors to Contact the Firm
04 Mar, 2021 FinancialContent
Stocks That Hit 52-Week Highs On Tuesday
02 Mar, 2021 FinancialContent

Before 10 a.m. ET on Tuesday, 165 companies set new 52-week highs. Noteworthy Points: Comcast ...

Shore Bancshares, Inc (SHBI) is a NASDAQ Common Stock listed in , ,

970x250