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NASDAQ:GLBZ

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

Glen Burnie Bancorp logo
$5.62 -0.34 (-5.70%)
(As of 11/20/2024 ET)

About Glen Burnie Bancorp Stock (NASDAQ:GLBZ)

Key Stats

Today's Range
$5.62
$5.97
50-Day Range
$5.12
$6.16
52-Week Range
$3.37
$7.16
Volume
5,449 shs
Average Volume
7,359 shs
Market Capitalization
$16.30 million
P/E Ratio
187.40
Dividend Yield
7.12%
Price Target
N/A
Consensus Rating
N/A

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.

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GLBZ Stock News Headlines

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Glen Burnie Bancorp Announces Third Quarter 2024 Results
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GLBZ Stock Analysis - Frequently Asked Questions

Glen Burnie Bancorp's stock was trading at $6.00 at the start of the year. Since then, GLBZ shares have decreased by 6.3% and is now trading at $5.62.
View the best growth stocks for 2024 here
.

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

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.
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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
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/21/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:GLBZ
Employees
80
Year Founded
N/A

Profitability

Net Income
$1.43 million
Pretax Margin
-2.54%

Debt

Sales & Book Value

Annual Sales
$14.44 million
Cash Flow
$0.53 per share
Book Value
$6.72 per share

Miscellaneous

Free Float
2,492,000
Market Cap
$16.30 million
Optionable
Not Optionable
Beta
0.62

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This page (NASDAQ:GLBZ) was last updated on 11/21/2024 by MarketBeat.com Staff
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