SHBI
- Shore Bancshares, Inc.
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Overview
Company Summary
Shore Bancshares, Inc. (SHBI) is a company operating in the financial services industry. Based in Easton, Maryland, USA, the company is primarily engaged in providing various banking and financial products and services through its subsidiaries.
The main subsidiary of Shore Bancshares, Inc. is the Shore United Bank. This bank caters to the banking needs of individuals, businesses, and organizations in the Maryland and Delaware regions. It offers a range of financial services, including personal and business banking, mortgages, loans, home equity lines of credit, savings accounts, and credit cards.
Shore United Bank aims to help its clients achieve their financial goals by providing personalized solutions and excellent customer service. They focus on building long-term relationships with their customers and supporting the local communities they serve.
In addition to traditional banking services, Shore Bancshares, Inc. also provides wealth management and financial planning services through another subsidiary, Wye Financial & Trust. This division offers investment management, retirement planning, estate planning, and other wealth advisory services to clients.
The company strives to maintain strong financial performance, deliver consistent growth, and create value for its shareholders. It emphasizes prudent risk management practices to ensure the stability and security of its clients' assets.
In summary, Shore Bancshares, Inc. is a financial services company that operates through its subsidiary, Shore United Bank, and offers a wide range of banking products and services, as well as wealth management solutions through its subsidiary Wye Financial & Trust.