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
Phone410-750-0020
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$98.25 million
Profitability
Miscellaneous
Employees306
OptionableNot Optionable
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) announced its earnings results on Wednesday, January, 30th. The financial services provider reported $0.21 earnings per share for the quarter, hitting analysts' consensus estimates of $0.21. The financial services provider had revenue of $21.63 million for the quarter, compared to analyst estimates of $22.39 million. Howard Bancorp had a positive return on equity of 4.04% and a negative net margin of 3.90%. View Howard Bancorp's Earnings History.
When is Howard Bancorp's next earnings date?
What price target have analysts set for HBMD?
3 brokerages have issued twelve-month target prices for Howard Bancorp's shares. Their forecasts range from $18.00 to $19.00. On average, they anticipate Howard Bancorp's share price to reach $18.50 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price. View Analyst Price Targets for Howard Bancorp.
What is the consensus analysts' recommendation for Howard Bancorp?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Howard Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Howard Bancorp.
Has Howard Bancorp been receiving favorable news coverage?
Press coverage about HBMD stock has trended somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Howard Bancorp earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future.
Who are some of Howard Bancorp's key competitors?
Some companies that are related to Howard Bancorp include FB Financial (FBK), Enterprise Financial Services (EFSC), OFG Bancorp (OFG), Boston Private Financial (BPFH), Republic Bancorp, Inc. KY (RBCAA), Washington Trust Bancorp (WASH), Triumph Bancorp (TBK), Central Pacific Financial (CPF), First National Bank Alaska (FBAK), Fidelity Southern (LION), Allegiance Bancshares (ABTX), Carolina Financial (CARO), Origin Bancorp (OBNK), State Bank Financial (STBZ) and Stock Yards Bancorp (SYBT).
Who are Howard Bancorp's key executives?
Howard Bancorp's management team includes the folowing people:
- Ms. Mary Ann Scully, Chairman & CEO (Age 68)
- Mr. George C. Coffman, Exec. VP, Treasurer & CFO (Age 56)
- Mr. Charles E. Schwabe, Exec. VP, Chief Risk Officer & Sec. (Age 64)
- Mr. Robert Dietrich Kunisch Jr., Pres & Director (Age 50)
- Mr. Steven M. Poynot, Exec. VP & Chief Information Officer (Age 39)
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 Patriot Financial Partners GP LP (9.97%), RMB Capital Management LLC (4.63%), Mendon Capital Advisors Corp (3.89%), BlackRock Inc. (3.51%), Brown Advisory Inc. (2.73%) and Dimensional Fund Advisors LP (1.39%). Company insiders that own Howard Bancorp stock include Charles E Schwabe, Donna Hill Staton, George C Coffman, Jack E Steil, John J Keenan, Mary Ann Scully, Neill Thomas P O, Richard G Arnold, Robert D Jr Kunisch, Robert J Hartson, Robert W Jr Smith, Steven Poynot and Thomas Randy Jones. 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 Stifel Financial Corp, RMB Capital Management LLC, Brown Advisory Inc., PNC Financial Services Group Inc., First Trust Advisors LP and Hsbc Holdings PLC. View Insider Buying and Selling for Howard Bancorp.
Which institutional investors are buying Howard Bancorp stock?
HBMD stock was acquired by a variety of institutional investors in the last quarter, including Patriot Financial Partners GP LP, Biegel & Waller LLC, Dimensional Fund Advisors LP, Mendon Capital Advisors Corp, Geode Capital Management LLC, BlackRock Inc., Strategic Wealth Management Group LLC and Rhumbline Advisers. Company insiders that have bought Howard Bancorp stock in the last two years include Charles E Schwabe, Donna Hill Staton, George C Coffman, Jack E Steil, John J Keenan, Mary Ann Scully, Neill Thomas P O, Richard G Arnold, Robert D Jr Kunisch, Robert W Jr Smith and Thomas Randy Jones. 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 $14.95.
How big of a company is Howard Bancorp?
Howard Bancorp has a market capitalization of $284.50 million and generates $98.25 million in revenue each year. The financial services provider earns $-3,830,000.00 in net income (profit) each year or $0.65 on an earnings per share basis. Howard Bancorp employs 306 workers across the globe.
What is Howard Bancorp's official website?
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 (NASDAQ 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.
