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 42 full-service branches, 42 automatic teller machines (ATM), three interactive teller machines, five 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 three months ended 31 March 2024, Shore Bancshares Inc interest income increased from $35.1M to $71.1M. Net interest income after loan loss provision increased 67% to $40.7M. Net income increased 27% to $8.2M. Net interest income after loan loss provision reflects Interest and fees on loans increase from $30.8M to $65.8M, Interest on deposits with other banks increase from $163K to $960K.