Shore Bancshares, Inc. (OQ:SHBI)

Aug 05, 2020 04:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share
EASTON, Md., Aug. 5, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly cash dividend on common stock in the amount of $0.12 per share, payable August 31, 2020 to stockholders of record on August 15, 2020....
Jul 23, 2020 04:15 pm ET
Shore Bancshares Reports Second Quarter and First-Half Results
EASTON, Md., July 23, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company") reported income from continuing operations of $5.335 million or $0.43 per diluted common share for the second quarter of 2020, compared to income from continuing operations of $3.118 million or $0.25 per diluted common share for the first quarter of 2020, and income from continuing operations of $4.228 million or $0.33 per diluted common share for the second quarter of 2019. Income from continuing operations for the first half of 2020 was $8.453 million or $0.68 per diluted common share, compared...
Jun 29, 2020 05:00 pm ET
Shore Bancshares, Inc. Announce New Board Member
EASTON, Md., June 29, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ: SHBI) today announced the appointment of William E. Esham III as a director of both the Company and Shore United Bank, the Company's wholly-owned bank subsidiary, effective June 23, 2020....
May 06, 2020 05:30 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share
EASTON, Md., May 6, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable May 29, 2020 to stockholders of record on May 16, 2020.      ...
Apr 30, 2020 04:15 pm ET
Shore Bancshares Reports First Quarter 2020 Financial Results
EASTON, Md., April 30, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported income from continuing operations of $3.118 million or $0.25 per diluted common share for the first quarter of 2020, compared to income from continuing operations of $4.014 million or $0.32 per diluted common share for the fourth quarter of 2019, and income from continuing operations of $3.828 million or $0.30 per diluted common share for the first quarter of 2019. ...
Apr 07, 2020 04:30 pm ET
Shore Announces Change In Location For Annual Meeting Of Shareholders To Be Held On Wednesday, April 22, 2020
EASTON, Md., April 7, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company") previously distributed to its shareholders of record as of February 4, 2020, a Notice of Annual Meeting of Shareholders (the "Notice") under the Securities and Exchange Commission's Notice and Access rules, announcing that its 2020 Annual Meeting of Shareholders (the "Annual Meeting") was scheduled for Wednesday, April 22, 2020 at 11:00 a.m., local time, at The Tidewater House, 202 East Dover Street, Easton, Maryland 21601....
Nov 06, 2019 03:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share
EASTON, Md., Nov. 6, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable November 29, 2019 to stockholders of record on November 16, 2019.      ...
Oct 24, 2019 04:15 pm ET
Shore Bancshares Reports Third Quarter and Nine-Month Results
EASTON, Md., Oct. 24, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $4.206 million or $0.33 per diluted common share for the third quarter of 2019, compared to net income of $4.224 million or $0.33 per diluted common share for the second quarter of 2019, and net income of $4.454 million or $0.35 per diluted common share for the third quarter of 2018.  Net income from continuing operations for the third quarter of 2019 was $4.214 million or $0.33 per diluted common share, compared to net income from continuing operations of $4.228 million o...
Aug 07, 2019 04:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.10 Per Share
EASTON, Md., Aug. 7, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.10 per share, payable August 30, 2019 to stockholders of record on August 17, 2019.      ...
Jul 25, 2019 04:15 pm ET
Shore Bancshares Reports Second Quarter and First-Half Results
EASTON, Md., July 25, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company") reported net income of $4.224 million or $0.33 per diluted common share for the second quarter of 2019, compared to net income of $3.754 million or $0.29 per diluted common share for the first quarter of 2019, and net income of $4.391 million or $0.34 per diluted common share for the second quarter of 2018.  Net income from continuing operations for the second quarter of 2019 was $4.228 million or $0.33 per diluted common share, compared to net income from continuing operations of $3.828 million ...
May 08, 2019 04:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.10 Per Share
EASTON, Md., May 8, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.10 per share, payable May 31, 2019 to stockholders of record on May 18, 2019.      ...
Apr 25, 2019 04:15 pm ET
Shore Bancshares Reports First Quarter 2019 Financial Results
EASTON, Md., April 25, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) reported net income of $3.754 million or $0.29 per diluted common share for the first quarter of 2019, compared to net income of $12.094 million or $0.95 per diluted common share for the fourth quarter of 2018, and net income of $4.058 million or $0.32 per diluted common share for the first quarter of 2018.  Net income from continuing operations for the first quarter of 2019 was $3.828 million or $0.30 per diluted common share, compared to net income from continuing operations of $3.853 million or $0.30 per di...
Apr 24, 2019 04:15 pm ET
Shore Bancshares Announces Stock Repurchase Plan
EASTON, Md., April 24, 2019 /PRNewswire/ -- Shore Bancshares, Inc. ("the Company") (NASDAQ: SHBI) announced today that it had received a non-objection letter from the Federal Reserve Bank of Richmond to allow the Board to authorize management to repurchase its common stock. Under the new repurchase program, management is authorized to repurchase up to $10.0 million, or approximately 5%, of the 12.8 million outstanding shares of the Company's common stock.  The program may be limited or terminated at any time without prior notice.  The program will expire on December 31, 2020....
Apr 15, 2019 05:03 pm ET
Shore United Bank Opens Branch in West Ocean City, Maryland
EASTON, Md., April 15, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its banking subsidiary, Shore United Bank, will open a new Office in West Ocean City, Maryland....
Feb 05, 2019 03:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.10 Per Share
EASTON, Md., Feb. 5, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.10 per share, payable February 28, 2019 to stockholders of record on February 15, 2019.      ...
Jan 31, 2019 03:15 pm ET
Shore Bancshares Reports 2018 Results
EASTON, Md., Jan. 31, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) reported net income of $12.094 million or $0.95 per diluted common share for the fourth quarter of 2018, which included the sale of its retail insurance business, Avon Dixon, LLC ("Avon") on December 31, 2018 for net proceeds of $25.2 million and a net gain after tax of $8.2 million, or $0.64 per diluted common share.  Absent the sale of Avon, the Company reported net income of $3.905 million or $0.31 per diluted common share for the fourth quarter of 2018. This compared to net income of $4.454 million or $0.35 ...
Jan 15, 2019 08:00 am ET
Former President of Shore United Bank No Longer Employed by Shore United Bank
EASTON, Md., Jan. 15, 2019 /PRNewswire/ -- Shore Bancshares, Inc.  (NASDAQ: SHBI) today announced that Patrick M. Bilbrough is no longer employed by the Company's wholly-owned subsidiary, Shore United Bank, effective January 14, 2019....
Jan 03, 2019 08:00 am ET
Shore Bancshares, Inc. Completes Sale of Insurance Subsidiary (The Avon-Dixon Agency, LLC)
EASTON, Md., Jan. 3, 2019 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company" or "Shore Bancshares") and The Avon-Dixon Agency, LLC, the Company's wholly-owned insurance producer firm ("Avon-Dixon" ) completed the asset sale with Avon-Dixon, an Alera Group Agency, LLC ("Alera"), a Delaware limited liability company and subsidiary of Alera Group, Inc. ("Alera Group"), pursuant to which Alera purchased substantially all of the assets of Avon-Dixon....
Dec 17, 2018 04:32 pm ET
Sale of Insurance Subsidiary (The Avon-Dixon Agency, LLC)
EASTON, Md., Dec. 17, 2018 /PRNewswire/ -- On December 17, 2018, Shore Bancshares, Inc. (the "Company" or "Shore Bancshares") and The Avon-Dixon Agency, LLC, the Company's wholly-owned insurance producer firm ("Avon-Dixon"), entered into an Asset Purchase Agreement (the "Purchase Agreement") with  Avon-Dixon, an Alera Group Agency, LLC ("Alera"), a Delaware limited liability company and subsidiary of Alera Group, Inc.  ("Alera Group"), pursuant to which Alera will purchase substantially all of the assets used in the operation of Avon-Dixon's insurance business (the "Acquisition").  Subject t...
Nov 05, 2018 03:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.09 Per Share
EASTON, Md., Nov. 5, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company") announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.09 per share, payable November 30, 2018 to stockholders of record on November 16, 2018.      ...
Oct 18, 2018 04:15 pm ET
Shore Bancshares Reports Third Quarter and Nine-Month Results
EASTON, Md., Oct. 18, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) reported net income of $4.454 million or $0.35 per diluted common share for the third quarter of 2018, compared to net income of $4.391 million or $0.34 per diluted common share for the second quarter of 2018, and net income of $3.412 million or $0.27 per diluted common share for the third quarter of 2017.  The Company reported net income of $12.903 million or $1.01 per diluted common share for the first nine months of 2018, compared to net income of $8.564 million or $0.68 per diluted common share for the first...
Aug 08, 2018 04:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.08 Per Share
EASTON, Md., Aug. 8, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company") announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.08 per share, payable August 31, 2018 to stockholders of record on August 15, 2018.      ...
Jul 26, 2018 04:15 pm ET
Shore Bancshares Reports Second Quarter and First-Half Results
EASTON, Md., July 26, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $4.391 million or $0.34 per diluted common share for the second quarter of 2018, compared to net income of $4.058 million or $0.32 per diluted common share for the first quarter of 2018, and net income of $2.352 million or $0.19 per diluted common share for the second quarter of 2017.  The Company reported net income of $8.449 million or $0.66 per diluted common share for the first half of 2018, compared to net income of $5.151 million or $0.41 per diluted common share for...
May 09, 2018 04:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.08 Per Share
EASTON, Md., May 9, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.08 per share, payable May 31, 2018 to stockholders of record on May 15, 2018.      ...
Apr 19, 2018 04:15 pm ET
Shore Bancshares Reports First Quarter 2018 Financial Results
EASTON, Md., April 19, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) reported net income of $4.058 million or $0.32 per diluted common share for the first quarter of 2018, compared to net income of $2.698 million or $0.21 per diluted common share for the fourth quarter of 2017, and net income of $2.800 million or $0.22 per diluted common share for the first quarter of 2017.  ...
Feb 01, 2018 03:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.07 Per Share
EASTON, Md., Feb. 1, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.07 per share, payable February 28, 2018 to stockholders of record on February 15, 2018.      ...
Jan 25, 2018 03:15 pm ET
Shore Bancshares Reports 2017 Results
EASTON, Md., Jan. 25, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) reported net income of $2.698 million or $0.21 per diluted common share for the fourth quarter of 2017, compared to net income of $3.412 million or $0.27 per diluted common share for the third quarter of 2017, and net income of $2.495 million or $0.20 per diluted common share for the fourth quarter of 2016.  The Company reported net income of $11.262 million or $0.89 per diluted common share for fiscal year 2017, compared to net income of $9.638 million or $0.76 per diluted common share for fiscal year 2016.  T...
Nov 01, 2017 06:30 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.07 Per Share
EASTON, Md., Nov. 1, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.07 per share, payable November 30, 2017 to stockholders of record on November 15, 2017.      ...
Oct 19, 2017 05:15 pm ET
Shore Bancshares Reports Third Quarter and Nine-Month Results
EASTON, Md., Oct. 19, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) reported net income of $3.412 million or $0.27 per diluted common share for the third quarter of 2017, compared to net income of $2.352 million or $0.19 per diluted common share for the second quarter of 2017, and net income of $2.411 million or $0.19 per diluted common share for the third quarter of 2016.  The Company reported net income of $8.6 million or $0.68 per diluted common share for the first nine months of 2017, compared to net income of $7.1 million or $0.56 per diluted common share for the first nine...
Sep 13, 2017 10:44 am ET
Shore United Bank Opens New Office in Onley, Virginia
EASTON, Md., Sept. 13, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its banking subsidiary, Shore United Bank, opened a new branch in Onley, Virginia.  ...
Aug 03, 2017 05:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.05 Per Share
EASTON, Md., Aug. 3, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.05 per share, payable August 31, 2017 to stockholders of record on August 14, 2017.      ...
Jul 20, 2017 05:15 pm ET
Shore Bancshares Reports Second Quarter and First-Half Results
EASTON, Md., July 20, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) reported net income of $2.352 million or $0.19 per diluted common share for the second quarter of 2017, compared to net income of $2.800 million or $0.22 per diluted common share for the first quarter of 2017, and net income of $2.272 million or $0.18 per diluted common share for the second quarter of 2016.  The Company reported net income of $5.152 million or $0.41 per diluted common share for the first half of 2017, compared to net income of $4.732 million or $0.37 per diluted common share for the first half ...
Jul 05, 2017 09:00 am ET
Shore United Bank Expands to Virginia
EASTON, Md., July 5, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its banking subsidiary, Shore United Bank, will open a new Office in Onley, Virginia.  Jennifer Annis will lead the office which is expected to open in the late third quarter of 2017. ...
May 22, 2017 09:00 am ET
Shore United Bank Opens Three Bank Branches in the Greater Baltimore, Maryland Metropolitan Area
EASTON, Md., May 22, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its banking subsidiary, Shore United Bank, has extended its footprint across the Eastern Shore to the greater Baltimore, Maryland area communities in Elkridge, Owings Mills, and Arbutus by opening the doors of three former Northwest Bank branches as Shore United Bank today.  ...
May 03, 2017 05:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.05 Per Share
EASTON, Md., May 3, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.05 per share, payable May 31, 2017 to stockholders of record on May 15, 2017.      ...
Apr 24, 2017 11:00 am ET
Shore United Bank Opens Loan Production Office in West Ocean City, Maryland
EASTON, Md., April 24, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its banking subsidiary, Shore United Bank, opened a new Loan Production Office in West Ocean City, Maryland.  W. Thomas Mears, former President and Chief Executive Officer of Shore Bank will lead the office. ...
Apr 20, 2017 05:15 pm ET
Shore Bancshares Reports First Quarter 2017 Financial Results
EASTON, Md., April 20, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) reported net income of $2.800 million or $0.22 per diluted common share for the first quarter of 2017, compared to net income of $2.495 million or $0.20 per diluted common share for the fourth quarter of 2016, and net income of $2.460 million or $0.19 per diluted common share for the first quarter of 2016.  ...
Feb 08, 2017 04:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.05 Per Share
EASTON, Md., Feb. 8, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.05 per share, payable February 28, 2017 to stockholders of record on February 19, 2017.      ...
Jan 25, 2017 04:15 pm ET
Shore Bancshares Reports 2016 Results
EASTON, Md., Jan. 25, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) reported net income of $2.495 million or $0.20 per diluted common share for the fourth quarter of 2016, compared to net income of $2.411 million or $0.19 per diluted common share for the third quarter of 2016, and net income of $2.163 million or $0.17 per diluted common share for the fourth quarter of 2015.  The Company reported net income of $9.638 million or $0.76 per diluted common share for fiscal year 2016, compared to net income of $7.108 million or $0.56 per diluted common share for fiscal year 2015, an i...
Jan 10, 2017 04:42 pm ET
Shore United Bank Expands Maryland Operations with Acquisition of Three Branches in the Greater Baltimore Metro Areas of Elkridge, Owings Mills and Arbutus from Northwest Bank
EASTON, Md. and WARREN, Pa., Jan. 10, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its banking subsidiary, Shore United Bank, has entered into a purchase and assumption agreement to acquire three bank branches located in the greater Baltimore, Maryland metropolitan area with approximately $214 million in deposits, $152 million of performing loans and $40 million of cash from Northwest Bank, the bank subsidiary of Northwest Bancshares, Inc. (NASDAQ: NWBI).  This acquisition provides Shore United Bank with the opportunity to enhance its footprint in Maryland ...
Jan 10, 2017 04:15 pm ET
Shore United Bank Expands Maryland Operations with Acquisition of Three Branches in the Greater Baltimore Metro Areas of Elkridge, Owings Mills and Arbutus from Northwest Bank
EASTON, Md. and WARREN, Pa., Jan. 10, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its banking subsidiary, Shore United Bank, has entered into a purchase and assumption agreement to acquire three bank branches located in the greater Baltimore, Maryland metropolitan area with approximately $214 million in deposits, $152 million of performing loans and $40 million of cash from Northwest Bank, the bank subsidiary of Northwest Bancshares, Inc. (NASDAQ: NWBI).  This acquisition provides Shore United Bank with the opportunity to enhance its footprint in Maryland ...
Nov 03, 2016 05:15 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.05 Per Share
EASTON, Md., Nov. 3, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.05 per share, payable November 30, 2016 to stockholders of record on November 14, 2016.      ...
Oct 20, 2016 05:15 pm ET
Shore Bancshares Reports Third Quarter and Nine-Month Results
EASTON, Md., Oct. 20, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) reported net income of $2.411 million or $0.19 per diluted common share for the third quarter of 2016, compared to net income of $2.272 million or $0.18 per diluted common share for the second quarter of 2016, and net income of $1.909 million or $0.15 per diluted common share for the third quarter of 2015.  The Company reported net income of $7.1 million or $0.56 per diluted common share for the first nine months of 2016, compared to net income of $4.9 million or $0.39 per diluted common share for the first nin...
Aug 03, 2016 05:35 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.03 Per Share
EASTON, Md., Aug. 3, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI)  announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.03 per share, payable August 31, 2016 to stockholders of record on August 15, 2016....
Jul 25, 2016 09:00 am ET
Shore Bancshares Announces Stock Repurchase Plan
EASTON, Md., July 25, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its Board of Directors has approved a stock repurchase program. Under the new repurchase program, management is authorized to repurchase up to 400,000 shares, or approximately 3.2%, of the 12.7 million outstanding shares of the Company's common stock.  The program may be limited or terminated at any time without prior notice.  The program will expire on April 21, 2017....
Jul 21, 2016 05:35 pm ET
Shore Bancshares Reports Second Quarter and First-Half Results
EASTON, Md., July 21, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) reported net income of $2.272 million or $0.18 per diluted common share for the second quarter of 2016, compared to net income of $2.460 million or $0.19 per diluted common share for the first quarter of 2016, and net income of $1.627 million or $0.13 per diluted common share for the second quarter of 2015.  The Company reported net income of $4.732 million or $0.37 per diluted common share for the first half of 2016, compared to net income of $3.0 million or $0.24 per diluted common share for the first half of ...
Jul 01, 2016 08:30 am ET
Shore Bancshares Announces Consolidation of Banking Subsidiaries and Unified Branding under Shore United Bank name
EASTON, Md., July 1, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ:SHBI) announced today the completion of the merger of its two banking subsidiaries and the unified branding of the combined entity under the "Shore United Bank" name. ...
Jun 16, 2016 10:19 am ET
Local Community Banks Receive Approval to Merge and Become One Bank
EASTON, Md., June 16, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI), received approval by the State of Maryland and the Board of Governors of the Federal Reserve to merge its two subsidiary banks, The Talbot Bank of Easton Maryland and CNB, headquartered in Centreville, Maryland, into one bank that will be known as Shore United Bank.  ...
May 04, 2016 05:05 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.03 Per Share
EASTON, Md., May 4, 2016 /PRNewswire/ --- Shore Bancshares, Inc. (NASDAQ: SHBI)  announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.03 per share, payable May 31, 2016 to stockholders of record on May 16, 2016....
Apr 21, 2016 05:15 pm ET
Shore Bancshares Reports First Quarter 2016 Financial Results
EASTON, Md., April 21, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) reported net income of $2.460 million or $0.19 per diluted common share for the first quarter of 2016, compared to net income of $2.163 million or $0.17 per diluted common share for the fourth quarter of 2015, and net income of $1.409 million or $0.11 per diluted common share for the first quarter of 2015.  ...
Feb 03, 2016 04:30 pm ET
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.03 Per Share
EASTON, Md., Feb. 3, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.03 per share, payable February 29, 2016 to stockholders of record on February 15, 2016.      ...
Jan 21, 2016 04:15 pm ET
Shore Bancshares Reports 2015 Results
EASTON, Md., Jan. 21, 2016 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) reported net income of $2.163 million or $0.17 per diluted common share for the fourth quarter of 2015, compared to net income of $1.909 million or $0.15 per diluted common share for the third quarter of 2015, and net income of $1.226 million or $0.10 per diluted common share for the fourth quarter of 2014.  The Company reported net income of $7.108 million or $0.56 per diluted common share for fiscal year 2015, compared to net income of $5.051 million or $0.46 per diluted common share for fiscal year 2014.  ...

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