Detail akcie Shore Bancshares online

Business Summary: Shore Bancshares, Inc. is a financial holding company. The Company conducts business primarily through two wholly owned subsidiaries, Shore United Bank, N.A. (the Bank) and Mid-Maryland Title Company, Inc. (the Title Company). The Bank provides consumer and commercial banking products and services and secondary mortgage lending, trust, wealth management and financial planning services. The Bank is a national banking association chartered, which operates over 40 full-service branches, 39 automatic teller machines (ATM), three interactive teller machines, and 10 loan production offices. The Bank provides a full range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Baltimore County, Howard County, Kent County, Queen Annes County, Caroline County, Talbot County, Dorchester County, Anne Arundel County, Charles County, St Marys County, and others. The Title Company engages in title work related to real estate transactions.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Shore Bancshares Inc interest income increased 38% to $295.3M. Net interest income after loan loss provision increased 59% to $165.8M. Net income increased from $11.2M to $43.9M. Net interest income after loan loss provision reflects Community bankiing segment increase of 59% to $165.8M. Net income benefited from Community bankiing segment income increase from $11.2M to $43.9M.