Glen Burnie Bancorp (GLBZ) Stock Price, News & Analysis

Company Overview

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer instalment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. In addition, the company offers safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, wire transfers, and automated teller machine (ATM) services, as well as electronic banking services, such as telephone and online banking, bill pay, card management and control, mobile app, merchant source capture, mobile deposit capture, Zelle, etc. Further, it provides treasury services, including wire transfer and ACH services, and debit cards. Additionally, the company engages in the acquisition and disposition of other real estate properties. It serves customers in northern Anne Arundel county and surrounding areas from its main office and branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company also operates a remote ATM located in Pasadena, Maryland. The company was founded in 1949 and is based in Glen Burnie, Maryland.

Key Stats

• Today's Range: $5.80 to $5.95
• 50-Day Range: $5.35 to $6.28
• 52-Week Range: $3.37 to $7.16
• Volume: 1,776 shs
• Average Volume: 7,299 shs
• Market Capitalization: $16.97 million
• P/E Ratio: 195.07
• Dividend Yield: 6.84%
• Price Target: N/A
• Consensus Rating: N/A

Glen Burnie Bancorp Stock Analysis - MarketRank™

Glen Burnie Bancorp scored higher than 28% of companies evaluated by MarketBeat, and ranked 796th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Glen Burnie Bancorp.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Glen Burnie Bancorp is 195.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Glen Burnie Bancorp is 195.07, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 37.80.

Price to Book Value per Share Ratio

Glen Burnie Bancorp has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.22% of the float of Glen Burnie Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Glen Burnie Bancorp has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Glen Burnie Bancorp has recently increased by 45.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Glen Burnie Bancorp is a leading dividend payer. It pays a dividend yield of 6.85%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Glen Burnie Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Glen Burnie Bancorp is 1,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.22% of the float of Glen Burnie Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Glen Burnie Bancorp has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Glen Burnie Bancorp has recently increased by 45.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Glen Burnie Bancorp has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Glen Burnie Bancorp this week, compared to 0 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Glen Burnie Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $21,830.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

14.11% of the stock of Glen Burnie Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 9.78% of the stock of Glen Burnie Bancorp is held by institutions.

GLBZ Stock Analysis - Frequently Asked Questions

How have GLBZ shares performed this year?

Glen Burnie Bancorp's stock was trading at $6.00 at the start of the year. Since then, GLBZ shares have decreased by 2.5% and is now trading at $5.85.
View the best growth stocks for 2024 here.

How were Glen Burnie Bancorp's earnings last quarter?

Glen Burnie Bancorp (NASDAQ:GLBZ) announced its quarterly earnings data on Thursday, October, 31st. The financial services provider reported $0.04 earnings per share for the quarter. The financial services provider had revenue of $3.18 million for the quarter. Glen Burnie Bancorp had a trailing twelve-month return on equity of 0.50% and a net margin of 0.60%.

How do I buy shares of Glen Burnie Bancorp?

Shares of GLBZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Glen Burnie Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Glen Burnie Bancorp investors own include Huntington Bancshares (HBAN), Adobe (ADBE), Boeing (BA), Cinemark (CNK), First Solar (FSLR), Gilead Sciences (GILD) and General Mills (GIS).

Company Calendar

• Last Earnings: 10/31/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:GLBZ
• CUSIP: N/A
• CIK: 890066
• Web: www.thebankofglenburnie.com
• Phone: (410) 766-3300
• Fax: 410-787-8580
• Employees: 80
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.03
• Trailing P/E Ratio: 195.07
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $1.43 million
• Net Margins: 0.60%
• Pretax Margin: -2.54%
• Return on Equity: 0.50%
• Return on Assets: 0.03%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.66
• Quick Ratio: 0.66

Sales & Book Value

• Annual Sales: $11.86 million
• Price / Sales: 1.43
• Cash Flow: $0.45 per share
• Price / Cash Flow: 12.99
• Book Value: $6.72 per share
• Price / Book: 0.87

Miscellaneous

• Outstanding Shares: 2,901,000
• Free Float: 2,492,000
• Market Cap: $16.97 million
• Optionable: Not Optionable
• Beta: 0.62