Glen Burnie Bancorp Announces Third Quarter 2024 Results
Glen Burnie Bancorp (GLBZ)
US:NASDAQ Investor Relations:
thebankofglenburnie.com/investor-relations
Company Research
Source: GlobeNewswire
GLEN BURNIE, Md., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net income of $129,000, or $0.04 per basic and diluted common share for the three-month period ended September 30, 2024, compared to net income of $551,000, or $0.19 per basic and diluted common share for the three-month period ended September 30, 2023. Bancorp reported a net loss of $72,000, or $0.02 per basic and diluted common share for the nine-month period ended September 30, 2024, compared to net income of $1.3 million, or $0.44 per basic and diluted common share for the same period in 2023. On September 30, 2024, Bancorp had total assets of $368.4 million. Bancorp is the oldest independent commercial bank in Anne Arundel County. “The Company’s positive earnings results for the third quarter 2024 reflect efficient and productive operations, a focus on disciplined loan growth, and balance sheet mana
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News
- Glen Burnie Bancorp Third Quarter 2024 Earnings: EPS: US$0.04 (vs US$0.19 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Glen Burnie Bancorp GAAP EPS of $0.04, revenue of $3.17M [Seeking Alpha]Seeking Alpha
- Setting the Stage for Growth: Bank of Glen Burnie Names New Director of Commercial Banking and Vice President of Cash ManagementGlobeNewswire
GLBZ
Sec Filings
- 12/2/24 - Form 4
- 11/12/24 - Form 10-Q
- 10/31/24 - Form 8-K
- GLBZ's page on the SEC website