Glen Burnie Bancorp (the “Company”) is a bank holding company organized in 1990 under the laws of the State of Maryland. The Company owns all the outstanding shares of capital stock of The Bank of Glen Burnie (the “Bank”), a commercial bank organized in 1949 under the laws of the State of Maryland, serving 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 (two locations), Linthicum and Severna Park, Maryland. As of January 31, 2025, the Bank closed the Linthicum branch and anticipates closing the Severna Park branch by May 31, 2025. The Bank also maintains a remote Automated Teller Machine (“ATM”) located in Pasadena, Maryland. The Bank maintains a website at www.thebankofglenburnie.com. It is the oldest independent commercial bank in Anne Arundel County.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 12M | 16M | 14M | 14M | 14M | 15M |
| Net Income | 27K | -112K | 1.4M | 1.7M | 2.5M | 1.7M |
| EPS | $-0.00 | $-0.04 | $0.50 | $0.61 | $0.88 | $0.59 |
| Free Cash Flow | -2.0M | -53K | 1.2M | 2.0M | 3.4M | 1.0M |
| ROIC | 10.5% | -0.6% | 7.4% | 4.9% | 6.1% | 4.6% |
| Gross Margin | - | 79.4% | 95.8% | 93.1% | 85.5% | 85.0% |
| Debt/Equity | 0.00 | 2.37 | 1.55 | 1.25 | 0.56 | 0.81 |
| Dividends/Share | $0.00 | $0.20 | $0.40 | $0.40 | $0.40 | $0.40 |
| Operating Income | 815K | 829K | 777K | 831K | 884K | 2.2M |
| Operating Margin | 6.7% | 5.1% | 5.4% | 5.9% | 6.3% | 14.7% |
| ROE | 0.1% | -0.6% | 7.4% | 6.7% | 6.9% | 4.6% |
| Shares Outstanding | 3M | 3M | 3M | 3M | 3M | 3M |
GLEN BURNIE BANCORP passes 3 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average ROIC is 4.5% with a gross margin of 87.8%. Total shareholder yield (dividends) is 4.2%. At current prices, the estimated annualized return to fair value is -13.8%.
GLEN BURNIE BANCORP (GLBZ) has a 5-year average return on invested capital (ROIC) of 4.5%. This is below average and may indicate limited pricing power.
GLEN BURNIE BANCORP (GLBZ) has a market capitalization of $14M. It is classified as a small-cap stock.
Yes, GLEN BURNIE BANCORP (GLBZ) pays a dividend with a trailing twelve-month yield of 4.16%.
GLEN BURNIE BANCORP (GLBZ) operates in the State Commercial Banks industry, within the Financials sector.
GLEN BURNIE BANCORP (GLBZ) reported annual revenue of $16 million in its most recent fiscal year, based on SEC EDGAR filings.
GLEN BURNIE BANCORP (GLBZ) has a net profit margin of -0.7%. The company is currently unprofitable.
GLEN BURNIE BANCORP (GLBZ) generated $-53 thousand in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
GLEN BURNIE BANCORP (GLBZ) has a debt-to-equity ratio of 2.37. This indicates higher leverage, which may increase financial risk.
GLEN BURNIE BANCORP (GLBZ) reported earnings per share (EPS) of $-0.04 in its most recent fiscal year.
GLEN BURNIE BANCORP (GLBZ) has a return on equity (ROE) of -0.6%. A negative ROE may indicate losses or negative equity.
GLEN BURNIE BANCORP (GLBZ) has a 5-year average gross margin of 87.8%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for GLEN BURNIE BANCORP (GLBZ), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
GLEN BURNIE BANCORP (GLBZ) has a book value per share of $6.39, based on its most recent annual SEC filing.