Shore Bancshares, Inc. - Common Stock (SHBI)
Frequently Asked Questions About Shore Bancshares, Inc. - Common Stock (SHBI)
Does Shore Bancshares, Inc. pay dividends?
Yes, Shore Bancshares, Inc. pays dividends to its shareholders. The company has a history of providing consistent dividends, reflecting its commitment to returning value to its investors. The specific dividend payout amount and frequency may vary based on the company's financial performance and decisions made by its board of directors.
How can I open an account with Shore Bancshares, Inc.?
To open an account with Shore Bancshares, Inc., potential customers can visit their local Shore United Bank branch or use their website for online applications. The process typically involves providing personal identification, proof of address, and other relevant financial information.
How does Shore Bancshares, Inc. support local communities?
Shore Bancshares, Inc. supports local communities by actively engaging in community development and philanthropic activities. The company invests in local organizations, sponsors events, and provides financial education programs to empower residents and strengthen the overall economic health of the areas it serves.
How has Shore Bancshares, Inc. performed financially in recent years?
Shore Bancshares, Inc. has shown consistent growth in recent years, reflecting strong financial performance driven by effective management strategies, sustainable lending practices, and an expanding customer base. Financial statements and annual reports provide detailed insights into its performance metrics, including earnings, assets, and capital ratios.
Is Shore Bancshares, Inc. publicly traded?
Yes, Shore Bancshares, Inc. is a publicly traded company listed on the Nasdaq stock exchange under the ticker symbol 'SHBI'. Publicly trading allows the company to raise capital through the sale of shares and provides investors with an opportunity to participate in the company’s growth.
What are the future growth plans for Shore Bancshares, Inc.?
Shore Bancshares, Inc. is focused on expanding its market reach and enhancing its service offerings to drive future growth. This includes exploring potential strategic partnerships, investing in technology to improve customer experiences, and furthering community engagement initiatives to strengthen its position in the financial services sector.
What communities does Shore Bancshares, Inc. serve?
Shore Bancshares, Inc. primarily serves the Eastern Shore region of Maryland and parts of Virginia. Through its subsidiary, Shore United Bank, the company works to support local communities by providing accessible banking services and participating in various community development initiatives.
What does Shore Bancshares, Inc. do?
Shore Bancshares, Inc. is a financial services company that primarily focuses on banking, investment, and insurance services. It operates through its subsidiaries, including Shore United Bank, which provides a wide range of banking products and services for individuals and businesses. The company aims to enhance the financial well-being of its customers while contributing to the economic growth of the communities it serves.
What financial education programs does Shore Bancshares, Inc. offer?
Shore Bancshares, Inc. offers various financial education programs aimed at improving the financial literacy of its customers and community members. These programs may include workshops, webinars, and resources on topics such as budgeting, saving, investing, and mortgage education, providing valuable tools for financial empowerment.
What is Shore Bancshares, Inc.'s stock ticker symbol?
Shore Bancshares, Inc. trades under the ticker symbol 'SHBI' on the Nasdaq stock exchange. This symbol is used to identify the company's stock and is essential for investors who wish to buy or sell shares on the market.
What is the corporate governance structure of Shore Bancshares, Inc.?
The corporate governance structure of Shore Bancshares, Inc. includes a board of directors consisting of experienced professionals from diverse backgrounds. This board is responsible for overseeing the company's strategic direction, compliance, and risk management practices, ensuring that the interests of shareholders and stakeholders are prioritized.
What is the history of Shore Bancshares, Inc.?
Shore Bancshares, Inc. has a rich history that dates back to its founding in 1876. Over the years, it has grown through organic growth and strategic acquisitions, expanding its services and customer base. The company's long-standing commitment to the communities it serves has established it as a trusted financial partner.
What is the mission statement of Shore Bancshares, Inc.?
The mission statement of Shore Bancshares, Inc. emphasizes its commitment to enhancing the quality of life for its customers and communities while providing superior financial services. The company aims to combine professionalism and personal service to build lasting relationships with clients.
What kind of financial services does Shore Bancshares, Inc. offer?
Shore Bancshares, Inc. offers a comprehensive suite of financial services including personal banking, business banking, commercial loans, mortgages, investment services, and insurance products. This range of offerings is designed to meet the diverse needs of individuals and businesses in the communities they serve.
What makes Shore Bancshares, Inc. unique compared to other banks?
Shore Bancshares, Inc. distinguishes itself from other banks through its deep-rooted commitment to community engagement and personalized customer service. Unlike larger banking entities, Shore Bancshares emphasizes building strong relationships with local clients and being an active participant in community growth initiatives.
What types of loans does Shore Bancshares, Inc. offer?
Shore Bancshares, Inc. offers a variety of loan products including personal loans, auto loans, home equity loans, mortgages, and commercial loans. Their flexible lending options are designed to meet the diverse needs of individual and business customers while promoting financial growth.
Where is Shore Bancshares, Inc. headquartered?
Shore Bancshares, Inc. is headquartered in Easton, Maryland. This central location on the Eastern Shore of Maryland allows the company to effectively serve its surrounding communities and provides its banking and financial services to customers throughout the region.
Who are the key executives at Shore Bancshares, Inc.?
Shore Bancshares, Inc. is led by a team of experienced executives with backgrounds in banking and finance. Key executives typically include the CEO, CFO, and other senior leadership who guide the strategic vision and operations of the company, ensuring alignment with its goals of community engagement and financial performance.
What is the current price of Shore Bancshares, Inc. - Common Stock?
The current price of Shore Bancshares, Inc. - Common Stock is 11.97
When was Shore Bancshares, Inc. - Common Stock last traded?
The last trade of Shore Bancshares, Inc. - Common Stock was at 4:00 pm EDT on April 7th, 2025
What is the market capitalization of Shore Bancshares, Inc. - Common Stock?
The market capitalization of Shore Bancshares, Inc. - Common Stock is 396.48M
How many shares of Shore Bancshares, Inc. - Common Stock are outstanding?
Shore Bancshares, Inc. - Common Stock has 33.12M shares outstanding.