Glen Burnie Bancorp (NASDAQ:GLBZ) Posts Earnings Results

Glen Burnie Bancorp (NASDAQ:GLBZ) posted its earnings results on Thursday. The financial services provider reported $0.04 EPS for the quarter, reports. The company had revenue of $3.18 million for the quarter. Glen Burnie Bancorp had a return on equity of 0.52% and a net margin of 0.60%.

Glen Burnie Bancorp Trading Down 6.8 %

NASDAQ:GLBZ opened at $5.50 on Friday. The company has a market capitalization of $15.95 million, a P/E ratio of 183.39 and a beta of 0.62. Glen Burnie Bancorp has a 12 month low of $3.37 and a 12 month high of $7.16. The business’s 50-day moving average is $5.50 and its 200 day moving average is $4.88.

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.