Glen Burnie Bancorp Stock (NASDAQ:GLBZ)


RevenueOwnershipFinancialsChart

Previous Close

$4.52

52W Range

$3.71 - $5.88

50D Avg

$4.74

200D Avg

$4.60

Market Cap

$13.14M

Avg Vol (3M)

$1.88K

Beta

0.16

Div Yield

$0.40

GLBZ Company Profile


Glen Burnie Bancorp serves as the parent organization for The Bank of Glen Burnie, delivering a comprehensive range of commercial and personal banking solutions to individuals, various associations, partnerships, and corporate clients. The bank accepts a multitude of deposit types, including savings, money market, demand, and NOW checking accounts, as well as IRA, SEP, and certificate of deposit accounts. Its lending portfolio is extensive, offering financing for residential and commercial real estate, construction projects, land acquisition and development, alongside secured and unsecured commercial credit. Consumer installment lending, such as indirect automobile loans, is also provided, in addition to first and second residential mortgages, home equity lines of credit, and commercial mortgage loans. Beyond its primary banking services, the company furnishes supplementary offerings like safe deposit boxes, money orders, night drop facilities, automated clearinghouse (ACH) transactions, and ATM access. Its digital banking suite is robust, encompassing telephone banking, online banking, bill payment, card control features, a dedicated mobile application, merchant and mobile deposit capture capabilities, and Zelle services. Treasury management solutions, including wire transfers, ACH services, and debit cards, are also part of its offerings. The corporation additionally participates in real estate ventures, involving the acquisition, ownership, and disposition of properties. Operating primarily within northern Anne Arundel County and adjacent areas of Maryland, Glen Burnie Bancorp maintains its main office and a branch in Glen Burnie. Further branch locations are situated in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. A remote ATM is also available in Pasadena, Maryland. Founded in 1949, Glen Burnie Bancorp is headquartered in Glen Burnie, Maryland.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

89

IPO Date

Nov 10, 1999

Website

GLBZ Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 21Dec 20Dec 19
Other fees and commissions$884.00K--
Service charges on deposit accounts$160.00K--
Deposit Account-$176.00K$255.00K
Financial Service Other-$672.00K$874.00K

Fiscal year ends in Dec 24 | Currency in USD

GLBZ Financial Summary


Dec 24Dec 23Dec 22
Revenue$11.25M$13.14M$13.25M
Operating Income$947.00K-$2.84M
Net Income$-112.00K$1.43M$1.75M
EBITDA--$-112.00K
Basic EPS$-0.04$0.50$0.61
Diluted EPS$-0.04$0.50$0.61

Fiscal year ends in Dec 24 | Currency in USD

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