Shore Bancshares, Inc. (SHBI)
Shore Bancshares, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Easton, MD, US. The stock last traded at $24.11, up 1.17% on the session, giving a market capitalisation of $806.6M. On trailing twelve-month figures it carries a trailing P/E of 12.12, a net margin of 19.1%. Its beta of 0.81 implies it has historically moved less than the broad market.
Shore Bancshares, Inc. operates as a bank holding company for Shore United Bank, N.A. that provides various consumer and commercial banking products and services to individuals, businesses, and other organizations in the United States. The company offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as certificate of deposit account registry service programs and cash management services. It 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, as well as other consumer financing products. In addition, the company offers trust, wealth management, and financial planning services; treasury management services, such as merchant card processing, remote deposit capture, and ACH origination, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; and automatic teller machine services. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.
Shore Bancshares, Inc. is most often compared with the following Financial Services names: