Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial banking products and services to individuals, businesses, and other organizations. The company operates through two segments, Community Banking, and Insurance Products and Services. It offers various deposit products, including checking, savings, 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, as well as commercial mortgages, and equipment and operating loans; and loans to consumers comprising mortgage, home equity, automobile, marine, installment, and other secured and unsecured personal lines of credit. In addition, it offers safe deposit boxes; debit and credit cards; direct deposit of payroll; merchant credit card clearing services; telephone, mobile, and Internet banking services; and automatic teller machine (ATM) services. Further, the company provides non-deposit products, such as mutual funds and annuities, and discount brokerage services; trust, asset management, and financial planning services; and insurance products and services to businesses and consumers, including property and casualty, life, marine, individual health, and long term care insurance, as well as pension and profit sharing plans, and retirement plans. It operates 21 full service branches, 23 ATMs, 2 loan production offices in Baltimore City, Baltimore County, Howard County, Kent County, Queen Anne's County, Caroline County, Talbot County, and Dorchester County in Maryland; Kent County, Delaware; and Accomack County, Virginia. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:SHBI
Previous Symbol
CUSIPN/A
Phone410-763-7800
Debt
Debt-to-Equity RatioN/A
Current Ratio0.94
Quick Ratio0.94
Price-To-Earnings
Trailing P/E Ratio11.90
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$65.55 million
Price / Sales3.00
Cash Flow$1.1553 per share
Price / Cash Flow13.33
Book Value$12.90 per share
Price / Book1.19
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$11.26 million
Net Margins21.52%
Return on Equity9.80%
Return on Assets1.14%
Miscellaneous
Employees346
Outstanding Shares12,750,000
Market Cap$194.18 million
OptionableNot Optionable
