GLBZ - Glen Burnie Bancorp Stock Price, Fair Value and News

4.86USD+0.11 (+2.32%)Delayed

Market Summary

USD4.86+0.11

Delayed

2.32%

GLBZ Stock Price

View Fullscreen

GLBZ RSI Chart

GLBZ Valuation

Market Cap

14.1M

Price/Earnings (Trailing)

14.11

Price/Sales (Trailing)

1.05

EV/EBITDA

-2.3

Price/Free Cashflow

12.28

GLBZ Price/Sales (Trailing)

GLBZ Profitability

EBT Margin

5.58%

Return on Equity

5.5%

Return on Assets

0.27%

Free Cashflow Yield

8.14%

GLBZ Fundamentals

GLBZ Revenue

Revenue (TTM)

13.5M

Rev. Growth (Yr)

3.65%

Rev. Growth (Qtr)

-0.87%

GLBZ Earnings

Earnings (TTM)

997.0K

Earnings Growth (Yr)

-99.31%

Earnings Growth (Qtr)

-98.2%

Breaking Down GLBZ Revenue

Last 7 days

-10.8%

Last 30 days

-6%

Last 90 days

-23.5%

Trailing 12 Months

-38.7%

How does GLBZ drawdown profile look like?

GLBZ Financial Health

Debt/Equity

0.55

Debt/Cashflow

0.13

GLBZ Investor Care

Dividend Yield

8.23%

Dividend/Share (TTM)

0.4

Shares Dilution (1Y)

0.72%

Diluted EPS (TTM)

0.5

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	13.5M	0	0	0
2023	13.1M	13.3M	13.4M	13.3M
2022	13.3M	13.0M	12.7M	12.7M
2021	13.3M	13.3M	13.5M	13.5M
2020	14.3M	14.1M	13.8M	13.7M
2019	15.0M	15.0M	14.7M	14.5M
2018	14.7M	14.7M	14.7M	14.7M
2017	13.7M	13.9M	14.3M	14.7M
2016	13.4M	13.5M	13.5M	13.6M
2015	14.3M	14.1M	13.9M	13.6M
2014	0	15.0M	14.8M	14.5M
2013	0	15.6M	15.5M	15.3M
2012	16.8M	16.5M	16.1M	15.8M
2011	17.9M	17.6M	17.3M	17.1M
2010	0	18.5M	18.3M	18.2M
2009	0	0	0	18.6M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Glen Burnie Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 04, 2024	hanna mark christopher	bought	2,080	5.2	400	president and ceo
Mar 22, 2024	hanna mark christopher	bought	3,850	5.5	700	president and ceo
Mar 14, 2024	hanna mark christopher	bought	3,000	6.00	500	president and ceo
Nov 06, 2023	hanna mark christopher	bought	5,523	5.52334	1,000	president and ceo
Jan 07, 2022	kuethe frederick w iii	acquired	-	-	15,120	-
Jan 06, 2020	wilcox mary l	acquired	-	-	1.00	-

Which funds bought or sold GLBZ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Royal Bank of Canada	reduced	-52.63	-	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	sold off	-100	-198	-	-%
May 15, 2024	MORGAN STANLEY	added	325	18,616	25,072	-%
May 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	unchanged	-	-10,111	90,443	-%
May 13, 2024	UBS Group AG	new	-	25,860	25,860	-%
May 10, 2024	VANGUARD GROUP INC	added	2.57	-4,832	71,667	-%
May 10, 2024	LPL Financial LLC	reduced	-10.36	-106,038	478,952	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	5.88	-5.00	98.00	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 30, 2024	Private Advisor Group, LLC	sold off	-100	-79,596	-	-%

Are Funds Buying or Selling GLBZ?

Are funds buying GLBZ calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GLBZ

No. of Funds

Unveiling Glen Burnie Bancorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	edward e. haddock, jr. family trusts ii	4.23%	121,984	SC 13G/A
Jan 08, 2024	edward e. haddock, jr. family trusts ii	5.4%	156,474	SC 13G/A
Feb 10, 2022	edward e. haddock, jr. family trusts ii	8.2%	232,984	SC 13G/A
Apr 01, 2021	edward e. haddock, jr. family trusts ii	5.1%	143,944	SC 13G
Jan 27, 2020	wellington management group llp	0.08%	2,403	SC 13G/A

Recent SEC filings of Glen Burnie Bancorp

View All Filings

Date Filed	Form Type	Document
May 13, 2024	10-Q	Quarterly Report
May 10, 2024	8-K	Current Report
Apr 26, 2024	8-K	Current Report
Apr 05, 2024	4	Insider Trading
Apr 03, 2024	DEF 14A	DEF 14A
Apr 02, 2024	10-K/A	Annual Report
Mar 26, 2024	4	Insider Trading
Mar 25, 2024	4	Insider Trading
Mar 22, 2024	10-K	Annual Report
Mar 11, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Glen Burnie Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Glen Burnie Bancorp News

Latest updates

Glen Burnie Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.9%	3,405	3,435	3,350	3,267	3,285	3,458	3,308	3,030	2,916	3,461	3,605	3,290	3,161	3,485	3,349	3,336	3,499	3,641	3,590	3,574	3,709
EBITDA Margin	-10.7%	0.92*	1.03*	1.18*	1.19*	1.19*	1.17*	1.13*	1.19*	1.20*	1.22*	1.16*	1.16*	1.09*	-	-	-	-	-	-	-	-
Interest Expenses	-11.0%	2,572	2,891	2,952	3,114	3,178	3,338	3,037	2,802	2,682	3,210	3,340	3,016	2,877	3,172	2,996	2,938	3,048	3,180	3,144	3,124	3,139
Income Taxes	-775.5%	-232	-26.50	-13.00	25.00	86.00	164	20.00	35.00	21.00	138	242	91.00	106	165	283	-32.00	75.00	137	212	67.00	36.00
Earnings Before Taxes	-263.6%	-229	140	539	301	521	994	395	345	251	693	1,131	570	699	712	1,232	-128	343	676	818	386	171
EBT Margin	-50.4%	0.06*	0.11*	0.18*	0.17*	0.17*	0.16*	0.13*	0.19*	0.20*	0.23*	0.23*	0.24*	0.19*	-	-	-	-	-	-	-	-
Net Income	-98.2%	3.00	167	552	275	435	830	375	309	231	555	888	479	594	547	949	-96.00	268	539	606	319	135
Net Income Margin	-30.9%	0.07*	0.11*	0.16*	0.14*	0.15*	0.14*	0.12*	0.15*	0.16*	0.19*	0.19*	0.19*	0.15*	-	-	-	-	-	-	-	-
Free Cashflow	-84.5%	85.00	547	124	389	187	1,217	370	659	-277	718	1,282	1,174	195	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	5.1%	370	352	355	364	363	381	416	429	437	442	433	433	437	419	431	418	381	385	383	378	393
Cash Equivalents	179.7%	43.00	15.00	15.00	12.00	15.00	30.00	54.00	51.00	69.00	62.00	31.00	27.00	40.00	37.00	27.00	35.00	18.00	13.00	20.00	10.00	17.00
Net PPE	-3.9%	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Liabilities	5.8%	352	332	342	346	345	365	401	408	410	406	398	397	403	382	394	382	345	349	348	343	359
Short Term Borrowings	33.3%	40.00	30.00	25.00	15.00	-	-	20.00	10.00	10.00	10.00	20.00	25.00	31.00	30.00	37.00	37.00	20.00	25.00	20.00	20.00	25.00
Long Term Debt	-	-	-	-	-	-	-	-	10.00	10.00	10.00	-	-	-	-	10.00	-	-	-	-	-	-
Shareholder's Equity	-6.2%	18.00	19.00	13.00	17.00	18.00	16.00	14.00	21.00	27.00	36.00	35.00	35.00	33.00	37.00	37.00	36.00	36.00	36.00	35.00	35.00	34.00
Retained Earnings	-1.2%	24.00	24.00	24.00	24.00	24.00	24.00	23.00	23.00	23.00	23.00	23.00	22.00	22.00	23.00	23.00	22.00	23.00	23.00	22.00	22.00	22.00
Additional Paid-In Capital	0.2%	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	10.00	10.00	10.00
Shares Outstanding	0.2%	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	19.00	-	-	-	26.00	-	-	-	29.00	-	-	-	19.00	-	-	-	25.00	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-79.2%	119	571	-23.00	621	230	1,242	449	764	-230	780	1,342	1,251	283	733	-583	1,596	-144	835	988	974	195
Cashflow From Investing	-17.9%	8,361	10,180	7,439	-4,419	4,460	10,876	9,490	-15,972	2,620	21,453	3,216	-8,658	-17,286	21,332	-19,095	-21,961	9,836	-8,040	3,805	9,114	21,469
Cashflow From Financing	288.5%	18,907	-10,032	-4,642	954	-20,190	-36,195	-7,136	-2,266	4,269	8,484	138	-6,299	20,384	-12,025	11,752	37,273	-4,911	924	4,840	-16,685	-21,083
Dividend Payments	-0.3%	287	288	288	286	287	286	286	285	286	285	284	285	284	284	284	283	283	282	283	281	282

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

GLBZ Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($)	3 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($)	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME
Interest and fees on loans	$ 2,215,000	$ 2,087,000
Interest and dividends on securities	938,000	965,000
Interest on deposits with banks and federal funds sold	252,000	233,000
Total Interest Income	3,405,000	3,285,000
INTEREST EXPENSE
Interest on deposits	402,000	107,000
Interest on short-term borrowings	431,000
Total Interest Expense	833,000	107,000
Net Interest Income	2,572,000	3,178,000
Provision for (release of) credit losses	169,000	(42,000)
Net interest income after credit loss provision/(release)	2,403,000	3,220,000
NONINTEREST INCOME
Income on life insurance	43,000	39,000
Total Noninterest Income	229,000	245,000
NONINTEREST EXPENSE
Salary and employee benefits	1,618,000	1,698,000
Occupancy and equipment expenses	331,000	327,000
Legal, accounting and other professional fees	254,000	263,000
Data processing and item processing services	250,000	267,000
FDIC insurance costs	38,000	45,000
Advertising and marketing related expenses	23,000	22,000
Loan collection costs	5,000	1,000
Telephone costs	40,000	41,000
Other expenses	302,000	280,000
Total Noninterest Expenses	2,861,000	2,944,000
(Loss) income before income taxes	(229,000)	521,000
Income tax (benefit) expense	(232,000)	86,000
NET INCOME	$ 3,158	$ 435,021
Basic net income per share of common stock (in dollars per share)	$ 0.00	$ 0.15
Diluted net income per share of common stock (in dollars per share)		$ 0.15
Service charges on deposit accounts
NONINTEREST INCOME
Service charges on deposit accounts	$ 38,000	$ 42,000
Other fees and commissions
NONINTEREST INCOME
Other fees and commissions	$ 148,000	$ 164,000

GLBZ Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 9,091	$ 1,940
Interest-bearing deposits in other financial institutions	33,537	13,301
Cash and Cash Equivalents	42,628	15,241
Investment securities available for sale, at fair value	128,727	139,427
Restricted equity securities, at cost	246	1,217
Loans, net of deferred fees and costs	177,950	176,307
Less: Allowance for credit losses	(2,035)	(2,157)
Loans, net	175,915	174,150
Premises and equipment, net	2,928	3,046
Bank owned life insurance	8,700	8,657
Deferred tax assets, net	8,255	7,897
Accrued interest receivable	1,281	1,192
Accrued taxes receivable	363	121
Prepaid expenses	460	475
Other assets	367	390
Total Assets	369,870	351,813
LIABILITIES
Noninterest-bearing deposits	115,167	116,922
Interest-bearing deposits	194,064	183,145
Total Deposits	309,231	300,067
Short-term borrowings	40,000	30,000
Defined pension liability	327	324
Accrued expenses and other liabilities	2,183	2,097
Total Liabilities	351,741	332,488
STOCKHOLDERS' EQUITY
Common stock, par value $1, authorized 15,000,000 shares, issued and outstanding 2,887,467 and 2,882,627 shares as of March 31, 2024 and December 31, 2023, respectively.	2,887	2,883
Additional paid-in capital	10,989	10,964
Retained earnings	23,575	23,859
Accumulated other comprehensive loss	(19,322)	(18,381)
Total Stockholders' Equity	18,129	19,325
Total Liabilities and Stockholders' Equity	$ 369,870	$ 351,813

About Glen Burnie Bancorp

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. Glen Burnie Bancorp was founded in 1949 and is based in Glen Burnie, Maryland.

CEO	Mr. John D. Long
WEBSITE	thebankofglenburnie.com
INDUSTRY	Banks Diversified
EMPLOYEES	89

Glen Burnie Bancorp Frequently Asked Questions

What is the ticker symbol for Glen Burnie Bancorp? What does GLBZ stand for in stocks?

GLBZ is the stock ticker symbol of Glen Burnie Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Glen Burnie Bancorp (GLBZ)?

As of Fri May 17 2024, market cap of Glen Burnie Bancorp is 14.06 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GLBZ stock?

You can check GLBZ's fair value in chart for subscribers.

What is the fair value of GLBZ stock?

You can check GLBZ's fair value in chart for subscribers. The fair value of Glen Burnie Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Glen Burnie Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GLBZ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Glen Burnie Bancorp a good stock to buy?

The fair value guage provides a quick view whether GLBZ is over valued or under valued. Whether Glen Burnie Bancorp is cheap or expensive depends on the assumptions which impact Glen Burnie Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GLBZ.

What is Glen Burnie Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, GLBZ's PE ratio (Price to Earnings) is 14.11 and Price to Sales (PS) ratio is 1.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GLBZ PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Glen Burnie Bancorp's stock?

In the past 10 years, Glen Burnie Bancorp has provided -0.066 (multiply by 100 for percentage) rate of return.