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Shore United Bank

Regional community bank serving Delmarva Peninsula

Overview

Shore United Bank is a regional bank serving Maryland’s Delmarva Peninsula, offering deposits, loans, mortgages, and wealth management. It delivers these products through branch networks and digital channels, all under a bank holding company that integrates its historic local banks. The bank differentiates itself with its long local heritage and a consolidation strategy that preserves community relationships while gaining scale, highlighted by the 2023 merger with The Community Financial Corporation. Its goal is to provide dependable, community-focused banking that supports individuals and local businesses across the region.

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About Shore United Bank

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Industries

Financial Services

Company Size

1-10

Company Stage

IPO

Headquarters

Easton, PA

Founded

1876

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Funding

Total Funding

$85M

Above

Industry Average

Funded Over

2 Rounds

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Mental Health Support
  • Paid Parental Leave
  • 401(k) Company Match
  • Employee Stock Purchase Plan
  • Education Assistance
  • Employee Assistance Program
  • Wellness Program

Stock Price

Company News

Yahoo Finance
Oct 22nd, 2026
Shore Bancshares beats forecasts with $16.8M Q3 net income on $87.7M revenue

Shore Bancshares Inc. reported third-quarter net income of $16.8 million on Thursday. The Easton, Maryland-based bank holding company earned 50 cents per share, or 54 cents adjusted for amortisation costs. The adjusted result beat Wall Street expectations. Three analysts surveyed by Zacks Investment Research had expected 53 cents per share. Revenue was $87.7 million. Revenue net of interest expense was $62.8 million, above the $61.6 million analysts expected.

Yahoo Finance
Jul 23rd, 2026
Shore Bancshares reports Q2 2026 net income of $18.9M, launches $30M share buyback programme

Shore Bancshares reported net income of $18.9 million for the second quarter of 2026, or $0.56 per diluted share, up from $17.1 million in the first quarter and $15.5 million in the same period last year. The Maryland-based holding company for Shore United Bank saw its return on average assets rise to 1.24% from 1.12% in the previous quarter. Net interest income increased to $52.9 million, whilst net interest margin improved by 6 basis points to 3.70%. The gains stemmed from decreased interest expenses, elevated accretion income from loan payoffs, and lower deposit costs. Shore Bancshares announced a $30 million share repurchase programme and bought back 40,093 shares worth approximately $891,000. The company also raised its quarterly dividend by 16.7% to $0.14 per share.

Citybiz
Jun 23rd, 2026
Shore United Bank signs lease for new Glen Burnie branch at Cromwell Business Park.

Shore United Bank signs lease for new Glen Burnie branch at Cromwell Business Park. June 23, 2026 Hyatt Commercial is pleased to announce a new lease for 1,540 square feet at 891 Cromwell Park Drive, Suite 101, in Glen Burnie, Maryland. Shore United Bank will relocate its Glen Burnie branch from 413 Crain Highway to a newly delivered retail building within Cromwell Business Park later this year. Owen Wellschlager and Cecil Cummins of Hyatt Commercial represented Shore United Bank in the transaction. Eric Llewellyn of St. John Properties represented the landlord. The new Glen Burnie location will provide Shore United Bank with a modern banking environment. At the same time, it will allow the bank to maintain its presence serving businesses, property owners, and residents throughout Anne Arundel County. In addition, Cromwell Business Park features a diverse mix of office, retail, and flex users. As a result, the park continues to attract companies seeking well-located space within the Baltimore-Washington corridor. "We were pleased to guide Shore United Bank through the relocation process," said Owen Wellschlager of Hyatt Commercial. "We helped secure a space that supports their continued presence in the Glen Burnie market. In addition, the new location provides a modern environment for the bank's operations. Customers and employees will also benefit from convenient access and nearby amenities." This lease reflects continued activity in Anne Arundel County's commercial real estate market. Furthermore, businesses across the region continue to evaluate opportunities to relocate, expand, and invest in updated space. About Hyatt Commercial Hyatt Commercial, headquartered in Annapolis, Maryland, is a leader in the industry representing local, regional, and national clients. With over 65 years of experience, Hyatt Commercial offers full-service real estate solutions through its affiliated companies through The Reliable Group, including property management, commercial construction, brokerage, and land development management. Committed to excellence and driven by a passion for real estate, Hyatt Commercial continues to be a trusted partner shaping the region's real estate landscape. Visit hyattcommercial.com for more information and join us on Facebook, Instagram, X, or LinkedIn.

Fredericksburg Regional Chamber of Commerce
Jun 9th, 2026
Shore United Bank partners with Greenlight to help parents raise financially smart kids and teens.

Shore United Bank partners with Greenlight to help parents raise financially smart kids and teens. Easton, Maryland, May 28, 2026 - Shore United Bank today announced a partnership with Greenlight(R) Financial Technology, Inc. ("Greenlight") to better serve families and help the next generation build healthy financial futures. Starting today, Shore United Bank customers will have free access to Greenlight's award-winning family finance app, available through the Greenlight for Banks / Greenlight for Credit Unions program. 91% of kids and teens believe they need financial knowledge and skills to achieve their life goals, and 94% of parents agree.* Still, only 35 states require a personal finance course for students, and teens score an average of 64% on the National Financial Literacy Test, showing a clear gap in financial education that is accessible and effective. Parents also rank personal finance as the #1 most difficult life skill to teach their children with 81% saying they wish they had more financial education tools and resources.** Greenlight offers a debit card and app that teaches kids and teens how to earn, save, give and spend wisely - all with parental supervision. Using the Greenlight app, parents can quickly send money, automate allowance payments, manage chores, set flexible spending controls, get real-time notifications of all transactions, and more. Kids get hands-on money management experience, along with access to Greenlight Level Up(TM), an in-app financial literacy game with a best-in-class curriculum, educational challenges, and rewards. Shore United Bank customers can receive a free Greenlight subscription by registering through Greenlight | Teach your kids to earn, save, and spend wisely. and adding their Shore United Bank account as a funding source. Or visit https://www.shoreunitedbank.com/greenlight. Shore United Bank customers are eligible for the Greenlight SELECT plan at no cost when they connect their Shore United Bank account as the Greenlight funding source for the entirety of the promotion. Subject to minimum balance requirements and identity verification. Upgrades will result in additional fees. Upon termination of promotion, members will be responsible for associated monthly fees. See terms for details. Offer ends September 19, 2030. Offer subject to change and partner participation. *Survey insights were collected by Greenlight through a Researchscape survey fielded between March 22 and March 24, 2024, among 2,310 respondents in the U.S., split between kids and teens ages 10-19 and parents of 10-19 year olds. **Survey insights were collected by Greenlight through a Researchscape survey fielded between February 9-12, 2023, among 1,034 U.S. respondents, all of whom were working parents of 8-18 year olds. About Greenlight Greenlight is the fintech company on a mission to help families navigate money and life together. Its award-winning app offers a debit card, money management platform, and safety features for the whole family. Kids and teens learn to earn, save, and invest, aging loved ones are protected against financial and digital threats, and caregivers and parents can check in by app and set flexible controls. The app also helps families, from kids to grandparents, stay safe and connected with real-time alerts, location sharing, emergency services, and driving reports. Greenlight partners with more than 200 leading banks, credit unions, and employers to bring its family finance solution to more families through the Greenlight for Banks and Greenlight for Credit Unions programs. If you have any questions, contact Debra Rich, Chief Marketing Officer, Shore United Bank.

PR Newswire
Jan 28th, 2026
Shore Bancshares reports Q4 2025 net income of $15.9M, full-year earnings rise to $59.5M

Shore Bancshares reported net income of $15.9 million, or $0.48 per diluted share, for the fourth quarter of 2025, up from $14.3 million in the third quarter and $13.3 million in the fourth quarter of 2024. Full-year 2025 net income reached $59.5 million, compared to $43.9 million in 2024. The Maryland-based bank holding company's return on average assets improved to 1.02% in the fourth quarter from 0.95% in the prior quarter. Net interest margin increased to 3.43% from 3.42%, driven by favourable loan repricing and lower deposit costs. Total assets stood at $6.26 billion at year-end, whilst book value per share rose to $17.65 from $16.23 a year earlier. Nonperforming assets increased to 0.69% of total assets from 0.40% in December 2024, primarily due to commercial real estate loans.

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