GLBZ Glen Burnie Bancorp Dashboard

Glen Burnie Bancorp is a bank holding company, which engages in the provision of commercial and retail banking business through the The Bank of Glen Burnie. The firm also acquires, holds, and disposes real property, through GBB Properties, Inc. Its loan portfolio comprises consumer, residential real estate, indirect, commercial, construction, and commercial real estate loans. It also offers various ancillary products and services, which include safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, wire transfers, automated teller machines, telephone banking, and customer call center services. The company was founded in 1949 and is headquartered in Glen Burnie, MD.

Company profile

Ticker

GLBZ

Exchange

NASDAQ

Website

www.thebankofglenburnie.com

CEO

John D. Long

Incorporated

Maryland

Location

Maryland

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Citizens Financial • Fifth Third Bancorp • Northern Trust • M & T Bank • Popular • Ally Financial • Associated Banc-Corp. • First Citizens Bancshares, Inc ...

SEC CIK

0000890066

Corporate docs

Articles of Incorporation & Bylaws

IRS number

521782444

GLBZ stock data

S&P 500

1M 1Y 2Y 5Y

News

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Understanding Glen Burnie Bancorp's Ex-Dividend Date

15 Jul 21

On July 9, 2021, Glen Burnie Bancorp (NASDAQ:GLBZ) declared a dividend payable on July 30, 2021 to its shareholders. Glen Burnie Bancorp also announced that shareholders on the company's books on or before July 19, 2021 are entitled to the dividend.

Stocks That Hit 52-Week Highs On Wednesday

30 Jun 21

This morning 132 companies reached new 52-week highs.

Glen Burnie Bancorp Q1 EPS $0.21 Up From $0.09 YoY

3 May 21

Glen Burnie Bancorp (NASDAQ:GLBZ) reported quarterly earnings of $0.21 per share. This is a 133.33 percent increase over earnings of $0.09 per share from the same period last year.

Press releases

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Glen Burnie Bancorp Declares 2Q 2021 Dividend

9 Jul 21

GLEN BURNIE, Md., July 09, 2021 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (NASDAQ:GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents

Glen Burnie Bancorp Announces First Quarter 2021 Results

3 May 21

GLEN BURNIE, Md., May 03, 2021 (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

Calendar

17 May 21

31 Jul 21

31 Dec 21

Financial summary

Financial statements Chart GLBZ financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership Q4 2020

GLBZ institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

2.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	7	9	-22.2%
Opened positions	0	0
Closed positions	2	1	+100.0%
Increased positions	0	1	EXIT
Reduced positions	2	2	–

13F shares	Current	Prev Q	Change
Total value	835K	825K	+1.2%
Total shares	75.82K	81.32K	-6.8%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Context BH Capital Management	33.85K	$372K	0.0%
Geode Capital Management	18.66K	$206K	0.0%
Court Place Advisors	16.69K	$184K	0.0%
MS Morgan Stanley	5.27K	$58K	0.0%
UBS UBS Group AG - Registered Shares	731	$8K	-39.8%
BLK Blackrock	598	$7K	0.0%
WFC Wells Fargo & Co.	14	$0	-6.7%
Proequities	0	$0

Largest transactions	Shares	Bought/sold	Change
First Manhattan	0	-5K	EXIT
UBS UBS Group AG - Registered Shares	731	-484	-39.8%
BAC Bank Of America	0	-16	EXIT
WFC Wells Fargo & Co.	14	-1	-6.7%
Proequities	0	0
MS Morgan Stanley	5.27K	0	0.0%
Geode Capital Management	18.66K	0	0.0%
BLK Blackrock	598	0	0.0%
Court Place Advisors	16.69K	0	0.0%
Context BH Capital Management	33.85K	0	0.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Net income attributable to common stockholders for the three-month period ended March 31, 2021 was $594,000, or $0.21 per basic and diluted common share compared to $268,000, or $0.09 per basic and diluted common share for the same period of 2020. The results recorded for the three-month period ending March 31, 2021 were higher than the same period of 2020 resulting primarily from a $324,000 increase in the release of credit losses due to a decrease in the reservable balance (excluding PPP loans) in the loan portfolio and two loan recoveries in the first quarter of 2021.
Net Interest Income. The Company’s net interest income for the three-month period ended March 31, 2021 was $2.88 million, compared to $3.05 million for the same period in 2020, a decrease of $171,000, or 5.60%. The decrease in net interest income was due to lower interest income in the amount of $338,000 and lower interest expense in the
amount of $167,000. These decreases were primarily due to a decrease in loan balances, offset by higher interest and dividends income on securities, and a decrease in the costs of interest-bearing deposits.

Content analysis

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From filing 10-Q 2021 Q1