Glen Burnie Bancorp (GLBZ) 10-Year Financial Performance & Capital Metrics

GLBZ • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

AboutGlen 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 accepts various deposits, including savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, and IRA and SEP accounts, as well as certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer installment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. In addition, the company offers ancillary products and services comprising safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, and automated teller machine (ATM) services, as well as electronic banking services that include telephone banking, online banking, bill pay, card control, mobile app, merchant source capture, mobile deposit capture, Zelle, etc. Further, it provides treasury services, including wire transfer and ACH services, and debit cards. Additionally, the company engages in the business of acquiring, holding, and disposing of real property. It serves customers in northern Anne Arundel county and surrounding areas from its main office and branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company also has a remote ATM located in Pasadena, Maryland. Glen Burnie Bancorp was founded in 1949 and is based in Glen Burnie, Maryland.Show more

Net Interest Income $11M -9.8%
Total Revenue $16M +13.7%
Net Income -$112K -107.8%
Return on Equity -0.6% -107.5%
Net Interest Margin 3.05% -11.6%
Efficiency Ratio 71.39% -11.0%
ROA -0.03% -108.1%
Equity / Assets 4.96% -9.6%
Book Value per Share 6.16 -8.5%
Tangible BV/Share 6.16 -8.5%
Debt/Equity 1.68 +8.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.7x book value

✗Weaknesses

✗Weak 3Y average ROE of 4.7%
✗Thin capital base

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-0.69%

5Y0.81%

3Y5.17%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-204.21%

EPS CAGR

10Y-

5Y-

3Y-

TTM-141.95%

ROCE

10Y Avg4.49%

5Y Avg4.89%

3Y Avg3.72%

Latest-3.07%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	11.21M	11.16M	11.67M	12.59M	12.59M	12.15M	12.44M	11.86M	12.13M	10.94M
NII Growth %	-0.06%	-0.01%	0.05%	0.08%	-0%	-0.03%	0.02%	-0.05%	0.02%	-0.1%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	13.61M	13.28M	13.61M	14.69M	14.51M	13.67M	13.52M	12.71M	13.34M	15.21M
Interest Expense	2.39M	2.12M	1.94M	2.1M	1.93M	1.51M	1.07M	853K	1.2M	4.27M
Loan Loss Provision	1.7M	868K	336K	856K	-115K	-689K	-975K	-5K	92K	955K
Non-Interest Income+	3.01M	1.12M	972K	1.08M	892K	640K	270K	1.09M	769K	826K
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	16.61M	14.4M	14.58M	15.77M	15.41M	14.31M	13.79M	13.8M	14.11M	16.04M
Revenue Growth %	-0.03%	-0.13%	0.01%	0.08%	-0.02%	-0.07%	-0.04%	0%	0.02%	0.14%
Non-Interest Expense	10.93M	10.39M	10.48M	11.1M	11.54M	11.32M	10.6M	10.97M	11.31M	11.45M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	1.6M	1.02M	1.82M	1.71M	2.05M	2.16M	3.09M	1.99M	1.5M	-637K
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.28%	-0.36%	0.79%	-0.06%	0.2%	0.05%	0.43%	-0.36%	-0.24%	-1.42%
Pretax Income+	1.6M	1.02M	1.82M	1.71M	2.05M	2.16M	3.09M	1.99M	1.5M	-637K
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	244.92K	-83K	913K	130K	452K	491K	577K	240K	72K	-525K
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	1.35M	1.1M	911K	1.58M	1.6M	1.67M	2.52M	1.75M	1.43M	-112K
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.29%	-0.19%	-0.17%	0.74%	0.01%	0.04%	0.51%	-0.31%	-0.18%	-1.08%
Net Income (Continuing)	1.35M	1.1M	911K	1.58M	1.6M	1.67M	2.52M	1.75M	1.43M	-112K
EPS (Diluted)+	0.49	0.40	0.33	0.56	0.57	0.59	0.88	0.61	0.50	-0.04
EPS Growth %	-0.29%	-0.18%	-0.17%	0.7%	0.02%	0.04%	0.49%	-0.31%	-0.18%	-1.08%
EPS (Basic)	0.49	0.40	0.33	0.56	0.57	0.59	0.88	0.61	0.50	-0.04
Diluted Shares Outstanding	2.77M	2.78M	2.79M	2.81M	2.82M	2.84M	2.85M	2.86M	2.87M	2.89M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	9.8M	10.62M	12.61M	15.95M	13.29M	37.09M	62.18M	30.09M	15.24M	24.46M
Short Term Investments	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	358.43M	357.18M	358.37M	378.15M	354.16M	366.35M	363.85M	328.41M	300.38M	276.93M
Investments Growth %	-0.01%	-0%	0%	0.06%	-0.06%	0.03%	-0.01%	-0.1%	-0.09%	-0.08%
Long-Term Investments	358.43M	262.57M	269.02M	296.58M	282.67M	252.3M	207.92M	184.28M	174.15M	202.38M
Accounts Receivables	1000K	1000K	1000K	1000K	961K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	3.37M	3.64M	3.37M	3.11M	3.76M	3.85M	3.56M	3.28M	3.05M	2.68M
Other Assets	15.18M	11.49M	10.64M	11.6M	10.47M	10.32M	9.78M	9.1M	23.46M	44.37M
Total Current Assets	10.92M	107.58M	103.98M	100.37M	87.36M	152.88M	219.84M	175.88M	143.26M	100.98M
Total Non-Current Assets	379.66M	280.86M	285.46M	312.68M	297.58M	266.61M	222.22M	205.56M	208.56M	257.98M
Total Assets+	390.58M	388.43M	389.45M	413.05M	384.94M	419.49M	442.07M	381.44M	351.81M	358.96M
Asset Growth %	-0.01%	-0.01%	0%	0.06%	-0.07%	0.09%	0.05%	-0.14%	-0.08%	0.02%
Return on Assets (ROA)	0%	0%	0%	0%	0%	0%	0.01%	0%	0%	-0%
Accounts Payable	39.85K	34.12K	0	0	0	0	0	0	0	0
Total Debt+	20M	20M	20M	55M	25M	29.91M	20M	0	30M	30M
Net Debt	10.2M	9.38M	7.39M	39.05M	11.71M	-7.18M	-42.18M	-30.09M	14.76M	5.54M
Long-Term Debt	20M	10M	0	0	0	0	10M	0	0	0
Short-Term Debt	0	10M	20M	55M	25M	29.91M	10M	0	30M	30M
Other Liabilities	1.17M	334.88K	335K	285K	317K	285K	304K	317K	2.42M	1.95M
Total Current Liabilities	335.23M	344.29M	355.07M	378.71M	348.94M	382.11M	396.05M	365.06M	330.07M	339.19M
Total Non-Current Liabilities	21.17M	10.33M	335K	285K	317K	285K	10.3M	317K	2.42M	1.95M
Total Liabilities	356.4M	354.62M	355.41M	379M	349.26M	382.39M	406.35M	365.38M	332.49M	341.14M
Total Equity+	34.18M	33.81M	34.04M	34.05M	35.68M	37.09M	35.72M	16.05M	19.32M	17.82M
Equity Growth %	0.01%	-0.01%	0.01%	0%	0.05%	0.04%	-0.04%	-0.55%	0.2%	-0.08%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.04%	0.03%	0.03%	0.05%	0.05%	0.05%	0.07%	0.07%	0.08%	-0.01%
Book Value per Share	12.34	12.16	12.18	12.13	12.65	13.08	12.54	5.61	6.73	6.16
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	2.77M	2.79M	2.8M	2.81M	2.83M	2.84M	2.85M	2.87M	2.88M	2.9M
Additional Paid-in Capital	9.99M	10.13M	10.27M	10.4M	10.53M	10.64M	10.76M	10.86M	10.96M	11.04M
Retained Earnings	21.72M	21.71M	21.61M	22.07M	22.54M	23.07M	22.98M	23.58M	23.86M	22.88M
Accumulated OCI	-301.73K	-810K	-631K	-1.23M	-209K	540K	-874K	-21.25M	-18.38M	-19M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	2.14M	2.59M	3.67M	4.14M	2.99M	1.6M	3.66M	2.23M	1.4M	28K
Operating CF Growth %	-0.15%	0.21%	0.42%	0.13%	-0.28%	-0.46%	1.28%	-0.39%	-0.37%	-0.98%
Net Income	1.35M	1.1M	911K	1.58M	1.6M	1.67M	2.52M	1.75M	1.43M	-112K
Depreciation & Amortization	1.14M	1.19M	925K	1.07M	932K	59K	995K	994K	227K	238K
Deferred Taxes	627.75K	-147K	442K	1.26M	333K	245K	282K	-210K	-84K	-415K
Other Non-Cash Items	402.66K	900K	439K	558K	-113K	-559K	-401K	97K	-12K	1.01M
Working Capital Changes	-1.38M	-460K	954K	-339K	241K	189K	264K	-401K	-161K	-693K
Cash from Investing+	1.52M	-1.43M	-1.71M	-23.03M	26.35M	-9.89M	-1.27M	7.01M	17.66M	847K
Purchase of Investments	-53.3M	-20.73M	-13.83M	-5.44M	-20.96M	-66.94M	-102.87M	-31.54M	-9.75M	0
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	12.79M	-3.63M	-6.79M	-28.93M	15.06M	31.3M	44.5M	24.6M	9.04M	-29.53M
Cash from Financing+	-4.56M	-2.91M	25K	22.24M	-32M	32.09M	22.71M	-41.33M	-33.91M	8.35M
Dividends Paid	-1.02M	-1.11M	-1.12M	-1.12M	-1.13M	-1.13M	-1.14M	-1.14M	-1.15M	-865K
Share Repurchases	0	0	0	0	0	0	0	0	0	0
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	0	0	0	1000K	-1000K	1000K	-1000K	-1000K	1000K	0
Other Financing	-3.54M	-1.79M	1.14M	-11.64M	-876K	28.31M	33.76M	-20.18M	-62.76M	9.21M
Net Change in Cash+	-908.83K	-1.75M	1.98M	3.35M	-2.66M	23.8M	25.09M	-32.09M	-14.85M	9.22M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	13.28M	12.37M	10.62M	12.61M	15.95M	13.29M	37.09M	62.18M	30.09M	15.24M
Cash at End	12.37M	10.62M	12.61M	15.95M	13.29M	37.09M	62.18M	30.09M	15.24M	24.46M
Interest Paid	2.39M	2.13M	1.87M	2.05M	1.98M	1.6M	1.08M	856K	1.13M	4.2M
Income Taxes Paid	625K	0	152K	0	160K	0	480K	0	436K	0
Free Cash Flow+	2.05M	2.26M	3.47M	3.93M	2.66M	1.03M	3.37M	1.97M	1.25M	-53K
FCF Growth %	-0.01%	0.1%	0.54%	0.13%	-0.32%	-0.61%	2.27%	-0.42%	-0.37%	-1.04%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	3.98%	3.24%	2.69%	4.65%	4.59%	4.58%	6.91%	6.74%	8.08%	-0.6%
Return on Assets (ROA)	0.34%	0.28%	0.23%	0.39%	0.4%	0.41%	0.58%	0.42%	0.39%	-0.03%
Net Interest Margin	2.87%	2.87%	3%	3.05%	3.27%	2.9%	2.81%	3.11%	3.45%	3.05%
Efficiency Ratio	65.79%	72.17%	71.9%	70.38%	74.93%	79.14%	76.85%	79.48%	80.19%	71.39%
Equity / Assets	8.75%	8.71%	8.74%	8.24%	9.27%	8.84%	8.08%	4.21%	5.49%	4.96%
Book Value / Share	12.34	12.16	12.18	12.13	12.65	13.08	12.54	5.61	6.73	6.16
NII Growth	-6.43%	-0.51%	4.59%	7.89%	-0.03%	-3.44%	2.38%	-4.69%	2.33%	-9.84%
Dividend Payout	75.65%	101%	122.61%	70.88%	70.54%	67.99%	45.23%	65.5%	80.41%	-

Revenue by Segment

	2018	2019	2020	2021
Other fees and commissions	-	-	-	884K
Other fees and commissions Growth	-	-	-	-
Service charges on deposit accounts	-	-	-	160K
Service charges on deposit accounts Growth	-	-	-	-
Financial Service Other	774K	874K	672K	-
Financial Service Other Growth	-	12.92%	-23.11%	-
Deposit Account	248K	255K	176K	-
Deposit Account Growth	-	2.82%	-30.98%	-

Frequently Asked Questions

Growth & Financials

Glen Burnie Bancorp (GLBZ) grew revenue by 13.7% over the past year. This is steady growth.

Glen Burnie Bancorp (GLBZ) reported a net loss of $0.1M for fiscal year 2024.

Dividend & Returns

Yes, Glen Burnie Bancorp (GLBZ) pays a dividend with a yield of 6.87%. This makes it attractive for income-focused investors.

Glen Burnie Bancorp (GLBZ) has a return on equity (ROE) of -0.6%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Glen Burnie Bancorp (GLBZ) has a net interest margin (NIM) of 3.0%. This indicates healthy earnings from lending activities.

Glen Burnie Bancorp (GLBZ) has an efficiency ratio of 71.4%. This is higher than peers, suggesting room for cost optimization.

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Glen Burnie Bancorp (GLBZ) 10-Year Financial Performance & Capital Metrics

GLBZ • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

Net Interest Income $11M -9.8%
Total Revenue $16M +13.7%
Net Income -$112K -107.8%
Return on Equity -0.6% -107.5%
Net Interest Margin 3.05% -11.6%
Efficiency Ratio 71.39% -11.0%
ROA -0.03% -108.1%
Equity / Assets 4.96% -9.6%
Book Value per Share 6.16 -8.5%
Tangible BV/Share 6.16 -8.5%
Debt/Equity 1.68 +8.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.7x book value

✗Weaknesses

✗Weak 3Y average ROE of 4.7%
✗Thin capital base

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-0.69%

5Y0.81%

3Y5.17%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-204.21%

EPS CAGR

10Y-

5Y-

3Y-

TTM-141.95%

ROCE

10Y Avg4.49%

5Y Avg4.89%

3Y Avg3.72%

Latest-3.07%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	11.21M	11.16M	11.67M	12.59M	12.59M	12.15M	12.44M	11.86M	12.13M	10.94M
NII Growth %	-0.06%	-0.01%	0.05%	0.08%	-0%	-0.03%	0.02%	-0.05%	0.02%	-0.1%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	13.61M	13.28M	13.61M	14.69M	14.51M	13.67M	13.52M	12.71M	13.34M	15.21M
Interest Expense	2.39M	2.12M	1.94M	2.1M	1.93M	1.51M	1.07M	853K	1.2M	4.27M
Loan Loss Provision	1.7M	868K	336K	856K	-115K	-689K	-975K	-5K	92K	955K
Non-Interest Income+	3.01M	1.12M	972K	1.08M	892K	640K	270K	1.09M	769K	826K
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	16.61M	14.4M	14.58M	15.77M	15.41M	14.31M	13.79M	13.8M	14.11M	16.04M
Revenue Growth %	-0.03%	-0.13%	0.01%	0.08%	-0.02%	-0.07%	-0.04%	0%	0.02%	0.14%
Non-Interest Expense	10.93M	10.39M	10.48M	11.1M	11.54M	11.32M	10.6M	10.97M	11.31M	11.45M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	1.6M	1.02M	1.82M	1.71M	2.05M	2.16M	3.09M	1.99M	1.5M	-637K
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.28%	-0.36%	0.79%	-0.06%	0.2%	0.05%	0.43%	-0.36%	-0.24%	-1.42%
Pretax Income+	1.6M	1.02M	1.82M	1.71M	2.05M	2.16M	3.09M	1.99M	1.5M	-637K
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	244.92K	-83K	913K	130K	452K	491K	577K	240K	72K	-525K
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	1.35M	1.1M	911K	1.58M	1.6M	1.67M	2.52M	1.75M	1.43M	-112K
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.29%	-0.19%	-0.17%	0.74%	0.01%	0.04%	0.51%	-0.31%	-0.18%	-1.08%
Net Income (Continuing)	1.35M	1.1M	911K	1.58M	1.6M	1.67M	2.52M	1.75M	1.43M	-112K
EPS (Diluted)+	0.49	0.40	0.33	0.56	0.57	0.59	0.88	0.61	0.50	-0.04
EPS Growth %	-0.29%	-0.18%	-0.17%	0.7%	0.02%	0.04%	0.49%	-0.31%	-0.18%	-1.08%
EPS (Basic)	0.49	0.40	0.33	0.56	0.57	0.59	0.88	0.61	0.50	-0.04
Diluted Shares Outstanding	2.77M	2.78M	2.79M	2.81M	2.82M	2.84M	2.85M	2.86M	2.87M	2.89M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	9.8M	10.62M	12.61M	15.95M	13.29M	37.09M	62.18M	30.09M	15.24M	24.46M
Short Term Investments	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	358.43M	357.18M	358.37M	378.15M	354.16M	366.35M	363.85M	328.41M	300.38M	276.93M
Investments Growth %	-0.01%	-0%	0%	0.06%	-0.06%	0.03%	-0.01%	-0.1%	-0.09%	-0.08%
Long-Term Investments	358.43M	262.57M	269.02M	296.58M	282.67M	252.3M	207.92M	184.28M	174.15M	202.38M
Accounts Receivables	1000K	1000K	1000K	1000K	961K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	3.37M	3.64M	3.37M	3.11M	3.76M	3.85M	3.56M	3.28M	3.05M	2.68M
Other Assets	15.18M	11.49M	10.64M	11.6M	10.47M	10.32M	9.78M	9.1M	23.46M	44.37M
Total Current Assets	10.92M	107.58M	103.98M	100.37M	87.36M	152.88M	219.84M	175.88M	143.26M	100.98M
Total Non-Current Assets	379.66M	280.86M	285.46M	312.68M	297.58M	266.61M	222.22M	205.56M	208.56M	257.98M
Total Assets+	390.58M	388.43M	389.45M	413.05M	384.94M	419.49M	442.07M	381.44M	351.81M	358.96M
Asset Growth %	-0.01%	-0.01%	0%	0.06%	-0.07%	0.09%	0.05%	-0.14%	-0.08%	0.02%
Return on Assets (ROA)	0%	0%	0%	0%	0%	0%	0.01%	0%	0%	-0%
Accounts Payable	39.85K	34.12K	0	0	0	0	0	0	0	0
Total Debt+	20M	20M	20M	55M	25M	29.91M	20M	0	30M	30M
Net Debt	10.2M	9.38M	7.39M	39.05M	11.71M	-7.18M	-42.18M	-30.09M	14.76M	5.54M
Long-Term Debt	20M	10M	0	0	0	0	10M	0	0	0
Short-Term Debt	0	10M	20M	55M	25M	29.91M	10M	0	30M	30M
Other Liabilities	1.17M	334.88K	335K	285K	317K	285K	304K	317K	2.42M	1.95M
Total Current Liabilities	335.23M	344.29M	355.07M	378.71M	348.94M	382.11M	396.05M	365.06M	330.07M	339.19M
Total Non-Current Liabilities	21.17M	10.33M	335K	285K	317K	285K	10.3M	317K	2.42M	1.95M
Total Liabilities	356.4M	354.62M	355.41M	379M	349.26M	382.39M	406.35M	365.38M	332.49M	341.14M
Total Equity+	34.18M	33.81M	34.04M	34.05M	35.68M	37.09M	35.72M	16.05M	19.32M	17.82M
Equity Growth %	0.01%	-0.01%	0.01%	0%	0.05%	0.04%	-0.04%	-0.55%	0.2%	-0.08%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.04%	0.03%	0.03%	0.05%	0.05%	0.05%	0.07%	0.07%	0.08%	-0.01%
Book Value per Share	12.34	12.16	12.18	12.13	12.65	13.08	12.54	5.61	6.73	6.16
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	2.77M	2.79M	2.8M	2.81M	2.83M	2.84M	2.85M	2.87M	2.88M	2.9M
Additional Paid-in Capital	9.99M	10.13M	10.27M	10.4M	10.53M	10.64M	10.76M	10.86M	10.96M	11.04M
Retained Earnings	21.72M	21.71M	21.61M	22.07M	22.54M	23.07M	22.98M	23.58M	23.86M	22.88M
Accumulated OCI	-301.73K	-810K	-631K	-1.23M	-209K	540K	-874K	-21.25M	-18.38M	-19M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	2.14M	2.59M	3.67M	4.14M	2.99M	1.6M	3.66M	2.23M	1.4M	28K
Operating CF Growth %	-0.15%	0.21%	0.42%	0.13%	-0.28%	-0.46%	1.28%	-0.39%	-0.37%	-0.98%
Net Income	1.35M	1.1M	911K	1.58M	1.6M	1.67M	2.52M	1.75M	1.43M	-112K
Depreciation & Amortization	1.14M	1.19M	925K	1.07M	932K	59K	995K	994K	227K	238K
Deferred Taxes	627.75K	-147K	442K	1.26M	333K	245K	282K	-210K	-84K	-415K
Other Non-Cash Items	402.66K	900K	439K	558K	-113K	-559K	-401K	97K	-12K	1.01M
Working Capital Changes	-1.38M	-460K	954K	-339K	241K	189K	264K	-401K	-161K	-693K
Cash from Investing+	1.52M	-1.43M	-1.71M	-23.03M	26.35M	-9.89M	-1.27M	7.01M	17.66M	847K
Purchase of Investments	-53.3M	-20.73M	-13.83M	-5.44M	-20.96M	-66.94M	-102.87M	-31.54M	-9.75M	0
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	12.79M	-3.63M	-6.79M	-28.93M	15.06M	31.3M	44.5M	24.6M	9.04M	-29.53M
Cash from Financing+	-4.56M	-2.91M	25K	22.24M	-32M	32.09M	22.71M	-41.33M	-33.91M	8.35M
Dividends Paid	-1.02M	-1.11M	-1.12M	-1.12M	-1.13M	-1.13M	-1.14M	-1.14M	-1.15M	-865K
Share Repurchases	0	0	0	0	0	0	0	0	0	0
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	0	0	0	1000K	-1000K	1000K	-1000K	-1000K	1000K	0
Other Financing	-3.54M	-1.79M	1.14M	-11.64M	-876K	28.31M	33.76M	-20.18M	-62.76M	9.21M
Net Change in Cash+	-908.83K	-1.75M	1.98M	3.35M	-2.66M	23.8M	25.09M	-32.09M	-14.85M	9.22M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	13.28M	12.37M	10.62M	12.61M	15.95M	13.29M	37.09M	62.18M	30.09M	15.24M
Cash at End	12.37M	10.62M	12.61M	15.95M	13.29M	37.09M	62.18M	30.09M	15.24M	24.46M
Interest Paid	2.39M	2.13M	1.87M	2.05M	1.98M	1.6M	1.08M	856K	1.13M	4.2M
Income Taxes Paid	625K	0	152K	0	160K	0	480K	0	436K	0
Free Cash Flow+	2.05M	2.26M	3.47M	3.93M	2.66M	1.03M	3.37M	1.97M	1.25M	-53K
FCF Growth %	-0.01%	0.1%	0.54%	0.13%	-0.32%	-0.61%	2.27%	-0.42%	-0.37%	-1.04%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	3.98%	3.24%	2.69%	4.65%	4.59%	4.58%	6.91%	6.74%	8.08%	-0.6%
Return on Assets (ROA)	0.34%	0.28%	0.23%	0.39%	0.4%	0.41%	0.58%	0.42%	0.39%	-0.03%
Net Interest Margin	2.87%	2.87%	3%	3.05%	3.27%	2.9%	2.81%	3.11%	3.45%	3.05%
Efficiency Ratio	65.79%	72.17%	71.9%	70.38%	74.93%	79.14%	76.85%	79.48%	80.19%	71.39%
Equity / Assets	8.75%	8.71%	8.74%	8.24%	9.27%	8.84%	8.08%	4.21%	5.49%	4.96%
Book Value / Share	12.34	12.16	12.18	12.13	12.65	13.08	12.54	5.61	6.73	6.16
NII Growth	-6.43%	-0.51%	4.59%	7.89%	-0.03%	-3.44%	2.38%	-4.69%	2.33%	-9.84%
Dividend Payout	75.65%	101%	122.61%	70.88%	70.54%	67.99%	45.23%	65.5%	80.41%	-

Revenue by Segment

	2018	2019	2020	2021
Other fees and commissions	-	-	-	884K
Other fees and commissions Growth	-	-	-	-
Service charges on deposit accounts	-	-	-	160K
Service charges on deposit accounts Growth	-	-	-	-
Financial Service Other	774K	874K	672K	-
Financial Service Other Growth	-	12.92%	-23.11%	-
Deposit Account	248K	255K	176K	-
Deposit Account Growth	-	2.82%	-30.98%	-

Frequently Asked Questions

Growth & Financials

Glen Burnie Bancorp (GLBZ) grew revenue by 13.7% over the past year. This is steady growth.

Glen Burnie Bancorp (GLBZ) reported a net loss of $0.1M for fiscal year 2024.

Dividend & Returns

Yes, Glen Burnie Bancorp (GLBZ) pays a dividend with a yield of 6.87%. This makes it attractive for income-focused investors.

Glen Burnie Bancorp (GLBZ) has a return on equity (ROE) of -0.6%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Glen Burnie Bancorp (GLBZ) has a net interest margin (NIM) of 3.0%. This indicates healthy earnings from lending activities.

Glen Burnie Bancorp (GLBZ) has an efficiency ratio of 71.4%. This is higher than peers, suggesting room for cost optimization.