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Home > Company Index > Banking > Banking - Mid-Atlantic > Provident Bankshares Corporation
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Provident Bankshares Corporation |
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NEWS FROM THE WIRES |
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Provident Bankshares sees charges, postpones earnings Jul 16 2001 01:47 PM PDT
Provident Bankshares sees charges, postpones earnings Jul 16 2001 01:47 PM PDT
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PROFILE |
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Provident Bankshares is the holding company for Provident Bank of Maryland, one of the state's largest banks. Provident Bank serves the Baltimore/Washington, D.C. metropolitan corridor, northern Virginia, and southern Pennsylvania through more than 90 branches. Products include checking and savings accounts, money market accounts, CDs, and IRAs. Consumer loans account for about 60% of the bank's portfolio, which also includes residential mortgage, commercial real estate, and construction loans. Subsidiaries include Provident Investment Center (annuities and mutual funds) and BankSure Insurance. The company bought Baltimore-based Harbor Federal Bancorp. Provident Bankshares is exiting the mortgage business.
COMPETITION |
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First Mariner Bancorp (FMAR)
First Union Corporation (FTU)
Mercantile Bankshares Corporation (MRBK)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 490.00
1-Yr. Sales Growth: 18.5%
Employees: 1,594
Revenue per employee: $307,402.76
KEY PEOPLE |
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Peter M. Martin
CEO
Dennis A. Starliper
CFO
CONTACT INFO |
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114 E. Lexington St.
Baltimore, MD 21202
US
Phone: 410-277-7000
Fax: 410-277-7189
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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