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Provident Bankshares Corporation - Company Profile Snapshot

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Company Profile: Provident Bankshares Corporation
Ticker: PBKS
Exchanges: NAS
2008 Sales: 444,170,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 1701

Business Description
Provident Bankshares Corporation. The Group's principal activity is to acquire deposits from individuals and businesses and to use these deposits to fund loans. It offers financial services like Securities brokerage, investment management and related insurance services through Provident Investment Company and leases through Court Square Leasing. It operates in four segments: Commercial, Commercial Real Estate, Consumer and Business Banking. Commercial segment provides customized banking solutions to middle market commercial customers. Commercial Real Estate segment provides lending expertise and financing options to real estate customers. Consumer segment includes consumer loan, lease, deposit and investment products. Business Banking segment provide comprehensive business product and sales support to expand existing customer relationships and acquire new clients.The Group has 142 banking offices and 196 ATMs concentrated in the Baltimore-Washington, D.C. corridor and beyond to Richmond, Virginia

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