NASDAQ:GLBZ

Glen Burnie Bancorp (GLBZ) Stock Price, News & Analysis

$5.11
-0.11 (-2.11%)
(As of 04/22/2024 ET)
Today's Range
$5.11
$5.26
50-Day Range
$5.02
$6.75
52-Week Range
$4.90
$9.82
Volume
1,148 shs
Average Volume
5,291 shs
Market Capitalization
$14.77 million
P/E Ratio
10.22
Dividend Yield
7.83%
Price Target
N/A
GLBZ stock logo

About Glen Burnie Bancorp Stock (NASDAQ:GLBZ)

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.

GLBZ Stock Price History

GLBZ Stock News Headlines

Glen Burnie Bancorp Declares 1Q 2024 Dividend
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Glen Burnie Bancorp Declares 4Q 2023 Dividend
Glen Burnie Bancorp GLBZ
Glen Burnie Bancorp Announces Third Quarter 2023 Results
Glen Burnie Bancorp declares $0.10 dividend
Glen Burnie Bancorp Declares 3Q 2023 Dividend
Glen Burnie Bancorp Declares 2Q 2023 Dividend
Glen Burnie Park Elementary
See More Headlines
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Company Calendar

Ex-Dividend for 2/5 Dividend
1/19/2024
Dividend Payable
2/05/2024
Last Earnings
2/16/2024
Ex-Dividend for 5/6 Dividend
4/19/2024
Today
4/22/2024
Dividend Payable
5/06/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:GLBZ
Employees
89
Year Founded
N/A

Profitability

Net Income
$1.43 million
Pretax Margin
10.40%

Debt

Sales & Book Value

Annual Sales
$14.44 million
Cash Flow
$0.53 per share
Book Value
$6.72 per share

Miscellaneous

Free Float
2,481,000
Market Cap
$14.77 million
Optionable
Not Optionable
Beta
0.65
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GLBZ Stock Analysis - Frequently Asked Questions

How have GLBZ shares performed in 2024?

Glen Burnie Bancorp's stock was trading at $6.00 on January 1st, 2024. Since then, GLBZ stock has decreased by 14.8% and is now trading at $5.11.
View the best growth stocks for 2024 here
.

Are investors shorting Glen Burnie Bancorp?

Glen Burnie Bancorp saw a decline in short interest in March. As of March 31st, there was short interest totaling 10,500 shares, a decline of 12.5% from the March 15th total of 12,000 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 2.1 days. Approximately 0.5% of the company's shares are short sold.
View Glen Burnie Bancorp's Short Interest
.

When is Glen Burnie Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our GLBZ earnings forecast
.

How were Glen Burnie Bancorp's earnings last quarter?

Glen Burnie Bancorp (NASDAQ:GLBZ) posted its earnings results on Friday, February, 16th. The financial services provider reported $0.06 earnings per share for the quarter. The financial services provider earned $3.19 million during the quarter. Glen Burnie Bancorp had a trailing twelve-month return on equity of 8.41% and a net margin of 9.90%.

How often does Glen Burnie Bancorp pay dividends? What is the dividend yield for Glen Burnie Bancorp?

Glen Burnie Bancorp announced a quarterly dividend on Thursday, April 11th. Shareholders of record on Monday, April 22nd will be paid a dividend of $0.10 per share on Monday, May 6th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 7.83%. The ex-dividend date of this dividend is Friday, April 19th.
Read our dividend analysis for GLBZ
.

Is Glen Burnie Bancorp a good dividend stock?

Glen Burnie Bancorp (NASDAQ:GLBZ) pays an annual dividend of $0.40 per share and currently has a dividend yield of 7.66%. GLBZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GLBZ.

What other stocks do shareholders of Glen Burnie Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Glen Burnie Bancorp investors own include Boeing (BA), Cinemark (CNK), General Mills (GIS), Marathon Petroleum (MPC), Occidental Petroleum (OXY), Wells Fargo & Company (WFC), AbbVie (ABBV), Preferred Apartment Communities (APTS), Algonquin Power & Utilities (AQN) and BCE (BCE).

How do I buy shares of Glen Burnie Bancorp?

Shares of GLBZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GLBZ) was last updated on 4/23/2024 by MarketBeat.com Staff

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