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NASDAQ:GLBZ

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

$3.78
-0.12 (-3.08%)
(As of 06/21/2024 ET)
Today's Range
$3.78
$4.00
50-Day Range
$3.78
$5.49
52-Week Range
$3.37
$8.25
Volume
3,721 shs
Average Volume
11,424 shs
Market Capitalization
$10.92 million
P/E Ratio
10.80
Dividend Yield
10.58%
Price Target
N/A

Glen Burnie Bancorp MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$10,534 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.71 out of 5 stars

Finance Sector

639th out of 833 stocks

State Commercial Banks Industry

151st out of 173 stocks

GLBZ stock logo

About Glen Burnie Bancorp Stock (NASDAQ:GLBZ)

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.

GLBZ Stock Price History

GLBZ Stock News Headlines

The asset beating inflation by 4x
Central Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Retirement Protection Kit, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too.
Glen Burnie Bancorp reports Q1 results
Glen Burnie Bancorp Declares 1Q 2024 Dividend
The asset beating inflation by 4x
Central Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Retirement Protection Kit, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too.
Glen Burnie Bancorp Declares 4Q 2023 Dividend
Glen Burnie Bancorp GLBZ
Glen Burnie Bancorp Announces Third Quarter 2023 Results
Glen Burnie Bancorp declares $0.10 dividend
Glen Burnie Bancorp Declares 3Q 2023 Dividend
See More Headlines
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Company Calendar

Last Earnings
8/05/2020
Ex-Dividend for 5/6 Dividend
4/19/2024
Dividend Payable
5/06/2024
Today
6/22/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:GLBZ
Employees
84
Year Founded
N/A

Profitability

Net Income
$1.43 million
Pretax Margin
5.17%

Debt

Sales & Book Value

Annual Sales
$14.44 million
Cash Flow
$0.52 per share
Book Value
$6.72 per share

Miscellaneous

Free Float
2,486,000
Market Cap
$10.92 million
Optionable
Not Optionable
Beta
0.65
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GLBZ Stock Analysis - Frequently Asked Questions

How have GLBZ shares performed in 2024?

Glen Burnie Bancorp's stock was trading at $6.00 at the beginning of 2024. Since then, GLBZ shares have decreased by 37.0% and is now trading at $3.78.
View the best growth stocks for 2024 here
.

Are investors shorting Glen Burnie Bancorp?

Glen Burnie Bancorp saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 3,500 shares, an increase of 45.8% from the May 15th total of 2,400 shares. Based on an average daily volume of 6,200 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.
View Glen Burnie Bancorp's Short Interest
.

When is Glen Burnie Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our GLBZ earnings forecast
.

How were Glen Burnie Bancorp's earnings last quarter?

Glen Burnie Bancorp (NASDAQ:GLBZ) posted its quarterly earnings data on Wednesday, August, 5th. The financial services provider reported ($0.03) earnings per share for the quarter. The financial services provider had revenue of $3.17 million for the quarter. Glen Burnie Bancorp had a net margin of 6.86% and a trailing twelve-month return on equity of 5.88%.

How often does Glen Burnie Bancorp pay dividends? What is the dividend yield for Glen Burnie Bancorp?

Glen Burnie Bancorp announced a quarterly dividend on Thursday, April 11th. Shareholders of record on Monday, April 22nd will be paid a dividend of $0.10 per share on Monday, May 6th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 10.58%. The ex-dividend date is Friday, April 19th.
Read our dividend analysis for GLBZ
.

Is Glen Burnie Bancorp a good dividend stock?

Glen Burnie Bancorp (NASDAQ:GLBZ) pays an annual dividend of $0.40 per share and currently has a dividend yield of 10.26%. GLBZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 114.29%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GLBZ.

What other stocks do shareholders of Glen Burnie Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Glen Burnie Bancorp investors own include Boeing (BA), Cinemark (CNK), General Mills (GIS), Marathon Petroleum (MPC), Occidental Petroleum (OXY), Wells Fargo & Company (WFC), AbbVie (ABBV), Preferred Apartment Communities (APTS), Algonquin Power & Utilities (AQN) and BCE (BCE).

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.

This page (NASDAQ:GLBZ) was last updated on 6/23/2024 by MarketBeat.com Staff

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