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GLBZ

Glen Burnie Bancorp

GLBZ

Glen Burnie Bancorp • NASDAQ
$4.38 ▲ 1.27% (+0.06)
Market Cap $12.77 M
52w High $6.99
52w Low $3.89
Dividend Yield 0.40%
P/E 437.5
Volume 1.18K
Outstanding Shares 2.92M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 ▼ $0 ▼ $0 ▲ 0% ▲ $0.02 ▲ $92K ▲
Q2-2025 $4.09M ▲ $3.245M ▲ $-212K ▼ -5.183% ▼ $-0.073 ▼ $55K ▲
Q1-2025 $3.789M ▼ $2.745M ▲ $153K ▲ 4.038% ▲ $0.053 ▲ $-123K ▼
Q4-2024 $3.967M ▼ $2.688M ▼ $-40K ▼ -1.008% ▼ $-0.014 ▼ $-101K ▼
Q3-2024 $4.308M $3.013M $129K 2.994% $0.044 $173K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $106.5M ▼ $351.794M ▲ $331.065M ▼ $20.729M ▲
Q2-2025 $117.234M ▼ $350.721M ▼ $331.788M ▼ $18.933M ▼
Q1-2025 $130.299M ▲ $357.973M ▼ $338.792M ▼ $19.181M ▲
Q4-2024 $99.013M ▼ $358.956M ▼ $341.139M ▼ $17.817M ▼
Q3-2024 $142.42M $368.359M $347.199M $21.16M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $125K ▲ $-862K ▼ $1.668M ▲ $-1.247M ▲ $-441K ▲ $-735K ▼
Q2-2025 $-212K ▼ $55K ▲ $-4.122M ▼ $-6.941M ▼ $-11.008M ▼ $-240K ▼
Q1-2025 $153K ▲ $-411K ▲ $1.555M ▼ $-1.932M ▲ $-788K ▼ $-116K ▲
Q4-2024 $-40K ▼ $-728K ▼ $7.813M ▲ $-5.083M ▼ $2.002M ▼ $-678K ▼
Q3-2024 $129K $497K $-2.968M $8.147M $5.676M $513K

Revenue by Products

Product Q1-2023Q2-2023Q3-2023Q1-2024
Service charges on deposit accounts
Service charges on deposit accounts
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement The bank’s revenue has inched up over the past few years, but earnings have been uneven. After several years of solid profitability, the most recent year slipped into a small loss, even though revenue did not fall. That pattern suggests rising costs, margin pressure from interest rates, or higher credit-related expenses are weighing on results. Overall, this looks like a traditional community bank that can be profitable in normal conditions but is sensitive to changes in funding costs, loan demand, and credit quality.

Balance Sheet

Balance Sheet The balance sheet is relatively small and straightforward, with a traditional mix of loans and securities funded mainly by deposits. Total assets have come down a bit from their recent peak, and cash on hand is lower than a few years ago, which reduces flexibility but is not unusual as banks reposition after the pandemic period. Debt levels appear modest, but shareholder equity has not grown much, which means the capital cushion is adequate rather than abundant. As a localized bank, asset concentration in its home market is a structural risk if the local economy slows.

Cash Flow

Cash Flow Detailed cash flow data are not available here, but the earnings pattern implies that the bank previously generated steady internal cash to support operations and lending, with the most recent year likely weaker due to the small loss. As a deposit-funded community bank, day‑to‑day liquidity depends more on the stability of its deposit base and loan repayments than on capital markets. The key watchpoints are the bank’s ability to maintain stable, low-cost deposits and to avoid sharp swings in loan repayments or credit losses, rather than large investment or financing flows.

Competitive Edge

Competitive Edge Glen Burnie Bancorp operates as a classic community bank with a narrow but deep footprint in Anne Arundel County. Its main edge is long-standing local relationships, personalized service, and local decision-making, which can be very attractive to small and mid-sized businesses that value speed and flexibility. Being the only independent commercial bank headquartered in the county gives it a “hometown” identity and helps support a stable deposit base. On the other hand, its small scale and single-region focus leave it exposed to local economic conditions and intense competition from much larger regional and national banks, as well as digital-first challengers that can undercut on pricing or technology.

Innovation and R&D

Innovation and R&D As a bank, Glen Burnie does not rely on heavy research spending, but it has invested enough in technology to offer standard digital banking services, business cash management tools, and fraud-prevention features. Its approach is more about adopting proven solutions and partnering with providers than building cutting-edge platforms in-house. The acquisition of a specialized mortgage business adds product expertise and diversifies revenue, especially in government-backed and first-time homebuyer loans. The main opportunity is to keep upgrading digital channels and integrating the mortgage platform smoothly; the main risk is falling behind larger banks that can spend more aggressively on technology and data analytics.

Summary

Overall, Glen Burnie Bancorp is a small, community-focused bank built around relationships and local knowledge rather than scale or advanced technology. Financially, it has shown that it can be profitable, but the recent slip into a small loss highlights its sensitivity to cost pressures, interest-rate dynamics, and credit trends. The balance sheet looks conservative but not overcapitalized, and its fortunes are tied closely to the health of its local market. The bank’s moat rests on service quality, community ties, and stable deposits, while its mortgage acquisition and business banking push offer measured growth avenues. People following the company will likely focus on whether management can restore consistent profitability, manage credit risk conservatively, and keep digital capabilities and mortgage operations aligned with its community banking identity.

NEWS

October 31, 2025 · 4:05 PM UTC

Glen Burnie Bancorp Announces Third Quarter 2025 Results

Read more