Glen Burnie Bancorp Announces First Quarter 2024 Results
Glen Burnie Bancorp (GLBZ)
US:NASDAQ Investor Relations:
thebankofglenburnie.com/investor-relations
Company Research
Source: GlobeNewswire
GLEN BURNIE, Md., April 26, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), today reported results for the first quarter ended March 31, 2024. Net income for the first quarter was $3,000, or $0 per basic and diluted common share, as compared to $0.44 million, or $0.15 per basic and diluted common share for the three-month period ended March 31, 2023. On March 31, 2024, Bancorp had total assets of $369.9 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, will pay its 127th consecutive quarterly dividend on May 6, 2024. “Our first quarter 2024 earnings were negatively impacted by our increased deposit and borrowing costs. On a positive note, deposit balances increased just over 3% in the first quarter as we leveraged new products and services to appeal to new clients and grow existing client relationships. While economic conditions remain uncertain, we will continue t
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News
- Glen Burnie Bancorp First Quarter 2024 Earnings: EPS: US$0.001 (vs US$0.15 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Glen Burnie Bancorp Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Glen Burnie Bancorp (NASDAQ:GLBZ) Is Paying Out A Dividend Of $0.10 [Yahoo! Finance]Yahoo! Finance
- Glen Burnie Bancorp Declares 1Q 2024 DividendGlobeNewswire
- Glen Burnie Bancorp Full Year 2023 Earnings: EPS: US$0.50 (vs US$0.61 in FY 2022) [Yahoo! Finance]Yahoo! Finance
GLBZ
Sec Filings
- 4/26/24 - Form 8-K
- 4/5/24 - Form 4
- 4/3/24 - Form DEF
- GLBZ's page on the SEC website