The stock of Glen Burnie Bancorp (GLBZ, Financial) experienced a significant decline of 7.93%. It is currently trading at $5.67 per share with a trading volume of 398 shares, showcasing a turnover rate of 0.01% and no notable price movement amplitude.
Recent financial results reveal that Glen Burnie Bancorp recorded a revenue of $4.31 million and a net profit of $129,000, translating to an earnings per share (EPS) of $0.04. The company currently holds a price-to-earnings (P/E) ratio of 151.50, though specific gross profit details are not available. Currently, there are no institutional ratings or recommendations on the stock for buying, holding, or selling.
Within the banking sector, where Glen Burnie Bancorp operates, there has been an overall growth of 0.33%. Notable performers in the sector include Kentucky First Bank, Intercorp Financial Services Inc., and North Shore United Bank with significant stock increases. Meanwhile, Rocket Companies, Inc., Pineapple Financial Inc., and UWM Holdings Corporation have shown high trading activity with turnover rates of 5.18%, 2.51%, and 1.24%, respectively. Stocks such as SHF Holdings Inc C/Wts 28/09/27 (To Pur Com), Pineapple Financial Inc., and SHF Holdings, Inc. have experienced considerable price fluctuations of 32.37%, 18.99%, and 16.14%, respectively.
Glen Burnie Bancorp is the holding company for Glen Burnie Bank, providing various retail and commercial banking services. These include checking, savings, loans, mobile and online banking, wire transfers, ACH services, debit cards, ATMs, and safe deposit boxes. The company's revenue is primarily generated from interest income within the United States.
