Partners Bancorp

Partners Bancorp

PTRS
Partners BancorpUS flagNASDAQ Capital Market
7.15
USD
+0.07
- -
128.60MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
John W. Breda
Full Time Employees
225
Sector
Financial Services
Industry
Banks - Regional
Address
2245 Northwood Drive Salisbury MD United States of America 21801
IPO Date
Jul 15, 1999
Business
Partners Bancorp (NASDAQ: PTRS) operates as the holding company for The Bank of Delmarva and Virginia Partners Bank, which together provide a broad range of commercial and retail banking services to individual, business, and nonprofit customers primarily in the Mid-Atlantic region of the United States, including Delaware, Maryland, Virginia, and surrounding areas. The banks offer deposit products such as checking accounts, savings accounts, money market accounts, time deposits, NOW accounts, IRAs, and cash management services; remote deposit capture and mobile deposit capabilities; and digital solutions including online banking, mobile banking, bill pay, phone banking, merchant services, ATM/debit cards, and cash advance services. Their lending portfolio encompasses commercial real estate loans, small business administration (SBA) loans, term loans, equipment loans, business lines of credit, business credit cards; consumer loans for automobiles, mobile homes, boats, RVs, and motorcycles; and mortgage-related products such as purchase and refinance mortgages, bridge loans, home equity loans/lines, construction and permanent mortgages, lot loans, agricultural loans, and U.S. Department of Agriculture (USDA) loans. Founded through the combination of historic institutions like The Bank of Delmarva (established 1896), the company maintains its headquarters in Salisbury, Maryland, and operates approximately 14 full-service branches across its footprint. In a major strategic development, Partners Bancorp completed its merger with LINKBANCORP Inc. (NASDAQ: LNKB) on November 30, 2023, in an all-stock transaction valued at around $168 million where Partners shareholders received 1.15 LINK shares per PTRS share, resulting in Partners owning 56% of the combined entity with nearly $3 billion in assets; post-merger, The Bank of Delmarva and Virginia Partners Bank merged into LINKBANK, with Partners executives leading the Delmarva, Maryland, Northern Virginia, and Fredericksburg regions under the surviving LINKBANCORP structure.

Company News

APIChat
  • LINKBANCORP, Inc. and Partners Bancorp Complete Transformational Combination

  • LINKBANCORP, Inc. and Partners Bancorp Announce Receipt of Federal Reserve Board Approval and Closing Date for Merger of Equals

  • Partners Bancorp Reports Results of Operations for the Third Quarter 2023

  • LINKBANCORP, Inc. and Partners Bancorp Announce Receipt of FDIC and State Regulatory Approvals for Merger of Equals

  • Partners Bancorp Reports Results of Operations for the Second Quarter 2023

  • OceanFirst (OCFC) Signs $186M Merger Deal With Partners Bancorp

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PAE, PTRS, NPTN, ZEN, MNR; Shareholders are Encouraged to Contact the Firm

  • Partners Bancorp Reports Results of Operations for the Second Quarter 2021

  • 5 Stocks With High Insider Cluster Buys During July

  • Partners Bancorp Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)