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NASDAQ:GLBZ

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

$5.58
+0.07 (+1.27%)
(As of 10/23/2024 ET)

About Glen Burnie Bancorp Stock (NASDAQ:GLBZ)

Key Stats

Today's Range
$5.47
$5.58
50-Day Range
$4.70
$6.00
52-Week Range
$3.37
$7.16
Volume
9,006 shs
Average Volume
7,569 shs
Market Capitalization
$16.15 million
P/E Ratio
31.00
Dividend Yield
7.17%
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.

Glen Burnie Bancorp Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
33rd Percentile Overall Score

GLBZ MarketRank™: 

Glen Burnie Bancorp scored higher than 33% of companies evaluated by MarketBeat, and ranked 745th out of 896 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Glen Burnie Bancorp is 31.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.00.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Glen Burnie Bancorp is 31.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.74.

  • Price to Book Value per Share Ratio

    Glen Burnie Bancorp has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Glen Burnie Bancorp's valuation and earnings.
  • Percentage of Shares Shorted

    0.25% 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 0.6, 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 110.71%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Glen Burnie Bancorp is a leading dividend payer. It pays a dividend yield of 7.27%, 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 114.29%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Glen Burnie Bancorp's dividend.
  • Percentage of Shares Shorted

    0.25% 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 0.6, 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 110.71%, indicating that investor sentiment is decreasing significantly.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Glen Burnie Bancorp this week, compared to 0 articles on an average week.
  • Search Interest

    1 people have searched for GLBZ on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added Glen Burnie Bancorp to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Glen Burnie Bancorp insiders have not sold or bought any 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.

  • Read more about Glen Burnie Bancorp's insider trading history.
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GLBZ Stock News Headlines

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Glen Burnie Bancorp adds new director to board
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GLBZ Stock Analysis - Frequently Asked Questions

Glen Burnie Bancorp's stock was trading at $6.00 at the beginning of 2024. Since then, GLBZ shares have decreased by 7.0% and is now trading at $5.58.
View the best growth stocks for 2024 here
.

Glen Burnie Bancorp (NASDAQ:GLBZ) announced its quarterly earnings data on Friday, July, 26th. The financial services provider reported ($0.07) earnings per share (EPS) for the quarter. The financial services provider earned $3.03 million during the quarter. Glen Burnie Bancorp had a trailing twelve-month return on equity of 3.04% and a net margin of 3.41%.

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

Ex-Dividend for 8/5 Dividend
7/22/2024
Last Earnings
7/26/2024
Dividend Payable
8/05/2024
Today
10/23/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

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
0.38%

Debt

Sales & Book Value

Annual Sales
$11.95 million
Cash Flow
$0.59 per share
Book Value
$6.72 per share

Miscellaneous

Free Float
2,492,000
Market Cap
$16.15 million
Optionable
Not Optionable
Beta
0.63

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This page (NASDAQ:GLBZ) was last updated on 10/24/2024 by MarketBeat.com Staff
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