Glen Burnie BancorpGLBZ
GLBZ
About: Glen Burnie Bancorp is a bank holding company for The Bank of Glen Burnie. It offers retail and commercial banking services such as checking, savings, loans, mobile banking, online banking, wire transfer, ACH services, debit cards, automated teller machines, and safe deposit boxes among others. The bank generates its revenue in the form of interest income. All of the revenues are earned within the United States.
Employees: 89
0
Funds holding %
of 7,433 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
23% more capital invested
Capital invested by funds: $1.15M [Q1] → $1.42M (+$266K) [Q2]
18% more funds holding
Funds holding: 11 [Q1] → 13 (+2) [Q2]
1.92% more ownership
Funds ownership: 7.85% [Q1] → 9.76% (+1.92%) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for GLBZ.
Financial journalist opinion
Based on 3 articles about GLBZ published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
The Bank of Glen Burnie Expands Mortgage Services Through Acquisition of VA Wholesale Mortgage, Inc.
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.
Neutral
The Motley Fool
3 weeks ago
Glen Burnie (GLBZ) Posts Q2 Net Loss
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.
Neutral
GlobeNewsWire
4 weeks ago
Glen Burnie Bancorp Announces Second Quarter 2025 Results
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.
Neutral
GlobeNewsWire
3 months ago
Glen Burnie Bancorp Announces First Quarter 2025 Results
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.
Neutral
GlobeNewsWire
4 months ago
Building a Team for Growth: The Bank of Glen Burnie Promotes Jonathan Shearin to Chief Lending Officer and Names Jeff Welch Executive Vice President and Chief Credit Officer
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
Neutral
GlobeNewsWire
6 months ago
Glen Burnie Bancorp Announces Fourth Quarter and Full Year 2024 Results
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.
Neutral
GlobeNewsWire
9 months ago
Glen Burnie Bancorp Announces Third Quarter 2024 Results
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.
Neutral
GlobeNewsWire
10 months ago
Setting the Stage for Growth: Bank of Glen Burnie Names New Director of Commercial Banking and Vice President of Cash Management
New commercial team members will bolster The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market New commercial team members will bolster The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market
Neutral
GlobeNewsWire
11 months ago
Glen Burnie Bancorp Names Felton Magee Jr. to the Board of Directors
Magee's appointment is part of The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market. Magee's appointment is part of The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market.
Neutral
GlobeNewsWire
1 year ago
Glen Burnie Bancorp Announces Second Quarter 2024 Results
GLEN BURNIE, Md., July 26, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today a net loss of $204,000, or $0.07 per basic and diluted common share for the three-month period ended June 30, 2024, compared to net income of $276,000, or $0.10 per basic and diluted common share for the three-month period ended June 30, 2023. Bancorp reported a net loss of $201,000, or $0.07 per basic and diluted common share for the six-month period ended June 30, 2024, compared to net income of $710,000, or $0.25 per basic and diluted common share for the same period in 2023. On June 30, 2024, Bancorp had total assets of $355.7 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, will pay its 128th consecutive quarterly dividend on August 5, 2024.
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