Glen Burnie Bancorp (NASDAQ:GLBZ) Issues Earnings Results

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

Glen Burnie Bancorp Price Performance

Shares of GLBZ stock opened at $5.50 on Friday. Glen Burnie Bancorp has a 1 year low of $3.37 and a 1 year high of $7.16. The stock’s 50 day simple moving average is $5.50 and its two-hundred day simple moving average is $4.88. The company has a market cap of $15.95 million, a PE ratio of 183.39 and a beta of 0.62.

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.