Shore Bancshares, Inc. SHBI
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Company Overview
Shore Bancshares, Inc. is a U.S.-based bank holding company operating in the community banking industry, primarily serving small and mid-sized businesses, professionals, and individual consumers. The company’s core activities include commercial and retail banking, mortgage lending, and trust and wealth management services. Its revenue is primarily driven by net interest income from loans and investment securities, as well as non-interest income from service fees and fiduciary services.
Founded in 1876 and headquartered in Maryland, Shore Bancshares has evolved through organic growth and acquisitions on the Delmarva Peninsula and surrounding Mid-Atlantic markets. The company operates through its wholly owned banking subsidiary, Shore United Bank, N.A., which was formed following the consolidation and rebranding of legacy institutions. Shore Bancshares positions itself as a relationship-focused community bank with localized decision-making and diversified regional exposure.
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Price History
- Low
- $14.93
- Current
- $23.23
- High
- $24.89
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Corporate Info
Easton, MD 21601