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 Ratio0.25
Current Ratio1.00
Quick Ratio0.96
Price-To-Earnings
Trailing P/E Ratio24.49
Forward P/E Ratio20.99
P/E GrowthN/A
Sales & Book Value
Annual Sales$62.55 million
Price / Sales3.00
Cash Flow$0.9209 per share
Price / Cash20.74
Book Value$13.47 per share
Price / Book1.42
Profitability
EPS (Most Recent Fiscal Year)$0.79
Net Income$7.20 million
Net Margins-0.06%
Return on Equity4.50%
Return on Assets0.56%
Miscellaneous
Employees306
Outstanding Shares9,830,000
Howard Bancorp (NASDAQ:HBMD) Frequently Asked Questions
What is Howard Bancorp's stock symbol?
Howard Bancorp trades on the NASDAQ under the ticker symbol "HBMD."
How were Howard Bancorp's earnings last quarter?
Howard Bancorp Inc (NASDAQ:HBMD) posted its quarterly earnings results on Monday, April, 30th. The financial services provider reported $0.14 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.05. The financial services provider earned $16.85 million during the quarter, compared to analysts' expectations of $18.19 million. Howard Bancorp had a negative net margin of 0.06% and a positive return on equity of 4.50%. View Howard Bancorp's Earnings History.
What price target have analysts set for HBMD?
5 analysts have issued 12-month price objectives for Howard Bancorp's stock. Their forecasts range from $19.00 to $23.00. On average, they anticipate Howard Bancorp's stock price to reach $21.50 in the next twelve months. View Analyst Ratings for Howard Bancorp.
Who are some of Howard Bancorp's key competitors?
Some companies that are related to Howard Bancorp include First National Bank Alaska (FBAK), Heritage Commerce (HTBK), Luther Burbank (LBC), Fidelity Southern (LION), Peoples Utah Bancorp (PUB), Byline Bancorp (BY), QCR (QCRH), Equity BancShares (EQBK), OFG Bancorp (OFG), Independent Bank Co.(MI) (IBCP), Mercantile Bank (MBWM), HarborOne Bancorp (HONE), Old Line Bancshares (OLBK), First Mid-Illinois Bancshares, Inc. Common Stock (FMBH) and Blue Hills Bancorp (BHBK).
Who are Howard Bancorp's key executives?
Howard Bancorp's management team includes the folowing people:
- Ms. Mary Ann Scully, Chairman & CEO (Age 67)
- Mr. George C. Coffman, Exec. VP, Treasurer & CFO (Age 55)
- Mr. James D. Witty, Exec. VP & Chief Commercial Banking Officer (Age 51)
- Mr. Robert Dietrich Kunisch Jr., Pres & Director (Age 49)
- Mr. Steven M. Poynot, Exec. VP & Chief Admin. Officer
Has Howard Bancorp been receiving favorable news coverage?
News articles about HBMD stock have been trending positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Howard Bancorp earned a news impact score of 0.44 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 47.78 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Howard Bancorp's major shareholders?
Howard Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include EJF Capital LLC (8.63%), The Manufacturers Life Insurance Company (5.27%), BlackRock Inc. (4.07%), RMB Capital Management LLC (3.62%), Mendon Capital Advisors Corp (2.91%) and Hilton Capital Management LLC (2.13%). Company insiders that own Howard Bancorp stock include Andrew E Clark, Donna Hill Staton, James D Witty, John J Keenan, Karen D Mcgraw, Mary Ann Scully, Robert J Hartson, Robert W Jr Smith and Steven Poynot. View Institutional Ownership Trends for Howard Bancorp.
Which institutional investors are selling Howard Bancorp stock?
HBMD stock was sold by a variety of institutional investors in the last quarter, including EJF Capital LLC, JPMorgan Chase & Co. and BlackRock Inc.. Company insiders that have sold Howard Bancorp company stock in the last year include Robert J Hartson and Steven Poynot. View Insider Buying and Selling for Howard Bancorp.
Which institutional investors are buying Howard Bancorp stock?
HBMD stock was bought by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Mendon Capital Advisors Corp, The Manufacturers Life Insurance Company , Stifel Financial Corp, Banc Funds Co. LLC, Dimensional Fund Advisors LP, ELCO Management Co. LLC and Trexquant Investment LP. Company insiders that have bought Howard Bancorp stock in the last two years include Donna Hill Staton, James D Witty, John J Keenan, Karen D Mcgraw, Mary Ann Scully and Robert W Jr Smith. View Insider Buying and Selling for Howard Bancorp.
How do I buy shares of Howard Bancorp?
Shares of HBMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Howard Bancorp's stock price today?
One share of HBMD stock can currently be purchased for approximately $19.10.
How big of a company is Howard Bancorp?
Howard Bancorp has a market capitalization of $181.80 million and generates $62.55 million in revenue each year. The financial services provider earns $7.20 million in net income (profit) each year or $0.79 on an earnings per share basis. Howard Bancorp employs 306 workers across the globe.
How can I contact Howard Bancorp?
Howard Bancorp's mailing address is 3301 BOSTON STREET, BALTIMORE MD, 21224. The financial services provider can be reached via phone at 410-750-0020.
MarketBeat Community Rating for Howard Bancorp (HBMD)
MarketBeat's community ratings are surveys of what our community members think about Howard Bancorp and other stocks. Vote "Outperform" if you believe HBMD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HBMD will underperform the S&P 500 over the long term. You may vote once every thirty days.
