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    Shore Bancshares Inc

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    $SHBI
    Major Banks
    Finance

    Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, 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; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit. In addition, it offers non-deposit products, such as mutual funds and annuities, and discount brokerage services; and trust, asset management, and financial planning services. Further, the company provides merchant credit card clearing, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; direct deposit of payroll; and automatic teller machine (ATM) services. It operates 22 full service branches, 24 ATMs, 2 loan production offices in Baltimore City, Baltimore County, Howard County, Kent County, Queen Anne's County, Caroline County, Talbot County, Dorchester County, and Worcester County in Maryland; Kent County, Delaware; and Accomack County, Virginia. The company was founded in 1876 and is headquartered in Easton, Maryland.

    IPO Year:

    Exchange: NASDAQ

    Website: shoreunitedbank.com/shore-bancshares--inc-

    Recent Analyst Ratings for Shore Bancshares Inc

    DatePrice TargetRatingAnalyst
    2/6/2025$20.00Overweight
    Piper Sandler
    12/4/2024$16.00 → $20.00Mkt Perform → Outperform
    Keefe Bruyette
    7/30/2024Buy → Neutral
    Janney
    8/15/2023Neutral → Buy
    Janney
    12/13/2022$22.00Outperform → Mkt Perform
    Keefe Bruyette
    12/5/2022$22.00Overweight
    Piper Sandler
    8/31/2022Neutral
    Janney
    11/4/2021$15.00 → $22.00Neutral → Overweight
    Piper Sandler
    See more ratings