Shore Bancshares - M&A Summary and Business Overview

Financial ServicesCompany

Shore Bancshares M&A Summary

Shore Bancshares has acquired 2 companies. It has also divested 1 asset.

Shore Bancshares’ largest acquisition to date was in 2018, when it acquired Avon-Dixon Agency for $27M. Shore Bancshares has acquired in 1 US state. The Company’s most targeted sectors include financial services (50%) and insurance (50%).

Shore Bancshares Business Overview

Where is Shore Bancshares headquartered?

Shore Bancshares is headquartered in Easton, Maryland.

What is Shore Bancshares’ revenue?

Shore Bancshares disclosed revenue of 124M USD for 2022 and 78M USD for 2021.

How many employees does Shore Bancshares have?

Shore Bancshares has 287 employees.

What sector is Shore Bancshares in?

Shore Bancshares is a financial services company.

When was Shore Bancshares founded?

Shore Bancshares was founded in 1876.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

Shore Bancshares

Shore Bancshares, Inc.

18 East Dover Street,
Easton, Maryland 21601
United States,
(410) 763-7800
www.shorebancshares.com

Shore Bancshares is a financial holding company headquartered in Easton, Maryland and is the largest independent bank holding company located on Maryland's Eastern Shore. Shore Bancshares was founded in 1876 and is based in Easton, Maryland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $27M $27M
Sell (0.0/yr) # 1 - - - - - 1
  3

Most Recent M&A

Company Date Value Type
The Avon-Dixon Insurance Agency LLC 2019-01-07 - Divestiture
Easton, Maryland
Avon-Dixon Agency, Inc. 2018-12-17 27M USD Divestiture
Easton, Maryland · www.avondixon.com
Northwest Bancshares, Inc. - Three Branches 2017-01-10 - Divestiture
Baltimore, Maryland
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 1 (50%) 27M (100%) 1 (100%) -
Financial Services 1 (50%) - - -
Total 2 $27M 1 -

By Geo

State/Country Buy Value Sell Value
United States 2 27M 1 -
  Maryland 2 27M 1 -
Total 2 $27M 1 -

Top M&A Advisors

Financial Deals
Monocacy Financial Advisors LLC
 1
Legal Deals
Holland & Knight
 1

Deal Values

buy # Total
< $100M 1 $27M
TOTAL $27M
Largest Avon-Dixon Agency, Inc.
$27M (2018-12-17)

M&A Connections

Deals
Acquired from
Strategic(s)
100%
2 (100%)
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Financial Services

Revenue

124   59% 2022
78   24% 2021
63   5% 2020
60   2% 2019
59   7% 2018
63   17% 2017
54   2016
(millions of USD) Show More Show Less

Employees

287

Established

1876

Public

NASDAQ: SHBI

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Maryland Companies , Financial Services Companies , United States Companies , Maryland Financial Services Companies , Maryland Financial Services with Acquisitions , Maryland Financial Services with Divestitures

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