
Howard Bancorp, Inc. operates as the bank holding company for Howard Bank that commercial banking, mortgage banking, and consumer finance products and services to businesses, business owners, professionals, and other consumers. The company offers various consumer and business deposit products, including demand deposits, money market accounts, savings accounts, individual retirement accounts, and commercial and retail checking accounts, as well as certificates of deposit. It also commercial loans, such as lines of credit, revolving credit facilities, accounts receivable and inventory financing, term loans, equipment loans, small business administration loans, stand-by letters of credit, and unsecured loans; commercial mortgage loans for owner occupied and investor properties; construction loans; residential mortgage loans; and secured and unsecured consumer loans. In addition, the company offers wire transfer services; automated teller machines and check cards; and safe deposit boxes, as well as credit cards through a third party processor. Further, it provides Internet banking, merchant card, overnight sweep, and remote deposit capture services; and Mobiliti mobile banking, PopMoney, and eStatement products. As of December 31, 2017, the company operated through a network of 14 full service branches located in Maryland. Howard Bancorp, Inc. was founded in 2004 and is headquartered in Ellicott City, Maryland.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:HBMD
CUSIPN/A
Phone410-750-0020
Debt
Debt-to-Equity Ratio0.14%
Current Ratio1.01%
Quick Ratio0.97%
Price-To-Earnings
Trailing P/E Ratio24.24
Forward P/E Ratio15.32
P/E GrowthN/A
Sales & Book Value
Annual Sales$62.55 million
Price / Sales3.01
Cash Flow$0.8874 per share
Price / Cash21.58
Book Value$13.47 per share
Price / Book1.42
Profitability
EPS (Most Recent Fiscal Year)$0.79
Net Income$7.20 million
Net Margins11.51%
Return on Equity5.72%
Return on Assets0.67%
Miscellaneous
Employees306
Outstanding Shares9,830,000