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SHBI| Name | Value |
|---|---|
| Revenues | 81.5M |
| Cost of Revenue | 0.0M |
| Gross Profit | 81.5M |
| Operating Expense | 13.3M |
| Operating I/L | 18.7M |
| Other Income/Expense | 0.0M |
| Interest Income | 73.1M |
| Pretax | 15.0M |
| Income Tax Expense | 3.8M |
| Net Income/Loss | 11.2M |
Shore Bancshares, Inc. operates as a bank holding company for Shore United Bank, offering a range of commercial and consumer banking products and services. Its offerings include various deposit accounts, commercial loans, residential mortgage loans, consumer financing products, non-deposit products, and financial planning services. The company also provides merchant credit card clearing, telephone, mobile, and Internet banking services, safe deposit boxes, debit and credit cards, direct deposit of payroll, and ATM services. With 29 full-service branches, 30 ATMs, and 5 loan production offices, Shore Bancshares generates revenue through interest income from loans, fees from banking services, and investment products.
