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
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:HBMD
Previous Symbol
CUSIPN/A
Phone410-750-0020
Debt
Debt-to-Equity Ratio0.43
Current Ratio1.02
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio17.41
Forward P/E Ratio20.83
P/E GrowthN/A
Sales & Book Value
Annual Sales$62.55 million
Price / Sales4.18
Cash Flow$0.8764 per share
Price / Cash Flow15.69
Book Value$13.47 per share
Price / Book1.02
Profitability
EPS (Most Recent Fiscal Year)$0.79
Net Income$7.20 million
Net Margins-2.37%
Return on Equity3.87%
Return on Assets0.51%
Miscellaneous
Employees306
Outstanding Shares19,030,000
Market Cap$266.47 million
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) posted its earnings results on Wednesday, October, 24th. The financial services provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.24 by $0.03. The financial services provider had revenue of $22.50 million for the quarter, compared to analyst estimates of $22.36 million. Howard Bancorp had a positive return on equity of 3.87% and a negative net margin of 2.37%. View Howard Bancorp's Earnings History.
When is Howard Bancorp's next earnings date?
What price target have analysts set for HBMD?
4 equities research analysts have issued 12 month price objectives for Howard Bancorp's shares. Their predictions range from $18.00 to $23.00. On average, they anticipate Howard Bancorp's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 45.5% from the stock's current price. View Analyst Price Targets for Howard Bancorp.
What is the consensus analysts' recommendation for Howard Bancorp?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Howard Bancorp in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Howard Bancorp.
Has Howard Bancorp been receiving favorable news coverage?
News stories about HBMD stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Howard Bancorp earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.
Who are some of Howard Bancorp's key competitors?
Some companies that are related to Howard Bancorp include Lakeland Financial (LKFN), First Bancorp (FBNC), Enterprise Financial Services (EFSC), Boston Private Financial (BPFH), State Bank Financial (STBZ), Triumph Bancorp (TBK), First National Bank Alaska (FBAK), Origin Bancorp (OBNK), OFG Bancorp (OFG), Republic Bancorp, Inc. KY (RBCAA), Washington Trust Bancorp (WASH), Central Pacific Financial (CPF), German American Bancorp. (GABC), Bryn Mawr Bank (BMTC) and Community Trust Bancorp (CTBI).
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. Charles E. Schwabe, Exec. VP, Chief Risk Officer & Sec. (Age 63)
- Mr. Robert Dietrich Kunisch Jr., Pres & Director (Age 49)
- 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 many different of retail and institutional investors. Top institutional investors include The Manufacturers Life Insurance Company (3.74%), BlackRock Inc. (3.45%), Vanguard Group Inc. (3.21%), Vanguard Group Inc (3.21%), Brown Advisory Inc. (2.97%) and Dimensional Fund Advisors LP (1.21%). Company insiders that own Howard Bancorp stock include Charles E Schwabe, Donna Hill Staton, James D Witty, John J Keenan, Karen D Mcgraw, Mary Ann Scully, Neill Thomas P O, Richard G Arnold, Robert D Jr Kunisch, 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 Renaissance Technologies LLC, Brown Advisory Inc., Bank of New York Mellon Corp, Hilton Capital Management LLC, Alliancebernstein L.P., First Trust Advisors LP, Maltese Capital Management LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Howard Bancorp.
Which institutional investors are buying Howard Bancorp stock?
HBMD stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Vanguard Group Inc, Vanguard Group Inc., BlackRock Inc., WMS Partners LLC and Victory Capital Management Inc.. Company insiders that have bought Howard Bancorp stock in the last two years include Charles E Schwabe, Donna Hill Staton, James D Witty, John J Keenan, Karen D Mcgraw, Mary Ann Scully, Neill Thomas P O, Richard G Arnold, Robert D Jr Kunisch 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 $13.75.
How big of a company is Howard Bancorp?
Howard Bancorp has a market capitalization of $266.47 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.
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.
