Glen Burnie Bancorp Q3 net income $551k ($0.19 EPS) up 47% YoY; NIM 3.21%

GLEN BURNIE BANCORP

2023-Q3 EPS reported $0.44

Net income $551,000 vs $375,000 in Q3 2022; EPS $0.19 vs $0.13.
Net interest margin improved to 3.21% from 2.83% YoY; net interest income $3.0M.
Total assets $355.4M, down 14.5% YoY; deposits $314.8M, down 16.9%.
Book value per share $4.57 vs $5.01; nonperforming assets at 0.16% of assets.
125th consecutive quarterly dividend payable Nov 6, 2023; regulatory capital well above well-capitalized.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GLEN BURNIE BANCORP reported first nine months 2022 results: net income $915,000, EPS $0.32.

Period: first nine months 2022
Net income: $915,000
EPS: $0.32
Result: reported results

Exact text from the filing

compared to $915,000, or $0.32 per basic and diluted common share for the same period in 2022

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GLEN BURNIE BANCORP reported Q3 2022 results: net income $375,000, EPS $0.13.

Period: Q3 2022
Net income: $375,000
EPS: $0.13
Result: reported results

Exact text from the filing

compared to net income of $375,000, or $0.13 per basic and diluted common share for the three-month period ended September 30, 2022

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GLEN BURNIE BANCORP reported first nine months 2023 results: net income $1.3 million, EPS $0.44.

Period: first nine months 2023
Net income: $1.3 million
EPS: $0.44
Result: reported results

Exact text from the filing

Bancorp reported net income of $1.3 million, or $0.44 per basic and diluted common share for the nine-month period ended September 30, 2023

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

GLEN BURNIE BANCORP filing history →

Source: SEC EDGAR

accession 0001104659-23-112755

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