News Image

Glen Burnie Bancorp Announces Third Quarter 2024 Results

Provided By GlobeNewswire

Last update: Oct 31, 2024

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.

Read more at globenewswire.com

GLEN BURNIE BANCORP

NASDAQ:GLBZ (6/10/2025, 3:11:05 PM)

4.84

+0.31 (+6.84%)



Find more stocks in the Stock Screener

Follow ChartMill for more