Glen Burnie Bancorp Announces Second Quarter 2024 Results
Glen Burnie Bancorp (GLBZ)
US:NASDAQ Investor Relations:
thebankofglenburnie.com/investor-relations
Company Research
Source: GlobeNewswire
GLEN BURNIE, Md., July 26, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today a net loss of $204,000, or $0.07 per basic and diluted common share for the three-month period ended June 30, 2024, compared to net income of $276,000, or $0.10 per basic and diluted common share for the three-month period ended June 30, 2023. Bancorp reported a net loss of $201,000, or $0.07 per basic and diluted common share for the six-month period ended June 30, 2024, compared to net income of $710,000, or $0.25 per basic and diluted common share for the same period in 2023. On June 30, 2024, Bancorp had total assets of $355.7 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, will pay its 128th consecutive quarterly dividend on August 5, 2024. “The current interest rate environment remains challenging for community banks with respect to profitability,” said Mark C. Hann
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GLBZ
News
- Glen Burnie Bancorp Names Felton Magee Jr. to the Board of Directors [Yahoo! Finance]Yahoo! Finance
- Glen Burnie Bancorp Names Felton Magee Jr. to the Board of DirectorsGlobeNewswire
- We Wouldn't Be Too Quick To Buy Glen Burnie Bancorp (NASDAQ:GLBZ) Before It Goes Ex-Dividend [Yahoo! Finance]Yahoo! Finance
- Local Business Leader Jay Baldwin Named to Glen Burnie Bancorp Board of Directors [Yahoo! Finance]Yahoo! Finance
- Local Business Leader Jay Baldwin Named to Glen Burnie Bancorp Board of DirectorsGlobeNewswire
GLBZ
Sec Filings
- 9/13/24 - Form 8-K
- 9/12/24 - Form 3
- 8/12/24 - Form 10-Q
- GLBZ's page on the SEC website