Glen Burnie Bancorp

GLBZ

Börsenwert 12,6 Mio. $

GLEN BURNIE, Md., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding Bancorp for The Bank of Glen Burnie (“Bank”), today announced that Bancorp's board of directors (the “Board”) has approved the voluntarily delisting of Bancorp's common stock (and related common stock purchase rights) from The Nasdaq Capital Market (“Nasdaq”) and the subsequent voluntary deregistration of its common stock with the U.S. Securities and Exchange Commission (“SEC”) in order to terminate and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

This addition underscores The Bank of Glen Burnie's commitment to strong, strategic growth and long-term financial stewardship This addition underscores The Bank of Glen Burnie's commitment to strong, strategic growth and long-term financial stewardship

Highlights for the Third Quarter of 2025: Net income of $125,000 or $0.04 per diluted EPS during the third quarter of 2025, an improvement of $337,000 on a linked quarter basis, and net income of $66,000 or $0.02 per diluted EPS for the nine-month period ending September 30, 2025, an improvement of $138,000 from the previous year's nine-month period loss of $72,000. Net interest margin on a tax equivalent basis increased to 3.24% with a margin expansion of 11 basis points during the third quarter of 2025 compared to the second quarter of 2025.

Joining forces will expand The Bank of Glen Burnie's mortgage business line both in products and footprint, and will grow VA Wholesale Mortgage's reach and strength under The Bank of Glen Burnie name. Joining forces will expand The Bank of Glen Burnie's mortgage business line both in products and footprint, and will grow VA Wholesale Mortgage's reach and strength under The Bank of Glen Burnie name.

Glen Burnie Bancorp (GLBZ 0.74%), a community bank serving Anne Arundel County, Maryland, released its second quarter results on July 29, 2025. The bank reported a net loss of $0.07 per diluted share (GAAP) as nonrecurring restructuring costs weighed on profitability.

Highlights for the Second Quarter of 2025: Net loss of $212,000 or $(0.07) per diluted EPS during the second quarter of 2025, a decrease of $365,000 on a linked quarter basis, and net loss of $59,000 or $(0.02) per diluted EPS for the six-month period ending June 30, 2025. Net interest margin on a tax equivalent basis of 3.13% with margin expansion of 13 basis points during the second quarter of 2025 compared to the first quarter of 2025.

GLEN BURNIE, Md., May 07, 2025 (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, 2025. Net income for the first quarter was $153,000, or $0.05 per basic and diluted common share, as compared to net income of $3,000, or $0 per basic and diluted common share for the three-month period ended March 31, 2024.   On March 31, 2025, Bancorp had total assets of $358.0 million. Bancorp is the oldest independent commercial bank in Anne Arundel County.

The continued expansion of its lending team strengthens The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market The continued expansion of its lending team strengthens The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market

GLEN BURNIE, Md., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net loss of $39,000, or -$0.01 per basic and diluted common share, for the three-month period ended December 31, 2024, compared to net income of $167,000, or $0.06 per basic and diluted common share, for the three-month period ended December 31, 2023. Bancorp reported a net loss of $112,000, or -$0.04 per basic and diluted common share, for the twelve-month period ended December 31, 2024, compared to net income of $1.4 million, or $0.50 per basic and diluted common share, for the same period in 2023. On December 31, 2024, Bancorp had total assets of $358.9 million. Bancorp is the oldest independent commercial bank in Anne Arundel County.

GLEN BURNIE, Md., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net income of $129,000, or $0.04 per basic and diluted common share for the three-month period ended September 30, 2024, compared to net income of $551,000, or $0.19 per basic and diluted common share for the three-month period ended September 30, 2023.   Bancorp reported a net loss of $72,000, or $0.02 per basic and diluted common share for the nine-month period ended September 30, 2024, compared to net income of $1.3 million, or $0.44 per basic and diluted common share for the same period in 2023. On September 30, 2024, Bancorp had total assets of $368.4 million. Bancorp is the oldest independent commercial bank in Anne Arundel County.