Severn Bancorp, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alan Hyatt
- Full Time Employees
- 175
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 200 Westgate Cir Ste 200 Annapolis MD United States of America 21401
- IPO Date
- Nov 5, 1970
- CIK
- 0000868271
- Website
- severnbank.com
- Similar Companies
- Business
- Severn Bancorp, Inc. (SVBI) operates as a savings and loan holding company that provides retail and commercial banking services through its subsidiaries, including Severn Savings Bank, FSB; Louis Hyatt, Inc.; SBI Mortgage Company; and Mid-Maryland Title Company; offering deposit products such as checking accounts, savings accounts, certificates of deposit, money market accounts and individual retirement accounts; as well as loan products encompassing one-to-four family residential mortgages, commercial real estate loans, construction loans, commercial loans, business loans and consumer loans including home equity lines of credit and lot loans. Founded in 1946 and headquartered in Annapolis, Maryland, the company primarily serves customers in Anne Arundel County and surrounding areas through seven full-service branches located in Annapolis, Crofton, Edgewater, Glen Burnie, Lothian/Wayson's Corner and Severna Park. In a major strategic change, Severn Bancorp was acquired by Shore Bancshares, Inc. in October 2021 for approximately $169.8 million in a stock-and-cash transaction, resulting in the merger of Severn Savings Bank into Shore United Bank and the delisting of SVBI shares from Nasdaq, with former Severn branches rebranded under Shore United Bank by early 2022.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates NLOK, SVBI, STMP, MDLA, CSOD; Shareholders are Encouraged to Contact the Firm
Severn Bancorp, Inc. Announces Dividend
Severn Bancorp, Inc. Announces Dividend
Severn Bancorp, Inc. Announces First Quarter Earnings
INVESTIGATION ALERT: Halper Sadeh LLP Investigates PRAH, MIK, WSFS, TLND, SVBI; Shareholders are Encouraged to Contact the Firm
ALERT: Halper Sadeh LLP Investigates SVBI, FPRX, MIK, JCS; Shareholders are Encouraged to Contact the Firm
SHAREHOLDER ALERT: WeissLaw LLP Investigates Severn Bancorp, Inc.
SVBI Stock Price Increases Over 20% Pre-Market: Why It Happened
Shareholder Alert: Ademi LLP Investigates whether Severn Bancorp, Inc. has obtained a Fair Price in its transaction with Shore Bancshares