
Glen Burnie Bancorp Income Statement 2024-2008 | GLBZ
Brief overview of financial performance at Glen Burnie Bancorp
The comparison covers a five-year financial horizon. The revenue attributed to Glen Burnie Bancorp moved from 14.2 million dollars to 12.9 million dollars between the two endpoints. Across the full period, sales moved by −9.1%; the average annual rate was −1.9%. Revenue was effectively stagnant over the period.
Net income changed from 1.4 million dollars to 1.7 million dollars (+23.3%). The period finished with its strongest net-income result.
The market value of the business moved from 30.9 million dollars to 31.1 million dollars, or +0.7%. The market did not materially reprice the business.
Overall conclusion
The five-year picture requires weighing both strengths and weaknesses. The constructive conclusion rests on net-income growth. The weaker side of the profile includes a softer top-line trend. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Glen Burnie Bancorp
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
14.8 M | 15.7 M | 20.9 M | 35.6 M | 31.1 M | 32.1 M | 32.3 M | 33.5 M | 32.6 M | 30.9 M | 35 M | 32.7 M | 31.5 M | 27.1 M | 27 M | 24.1 M | - |
Shares |
2.89 M | 2.87 M | 2.86 M | 2.85 M | 2.83 M | 2.82 M | 2.81 M | 2.79 M | 2.78 M | 2.77 M | 2.76 M | 2.74 M | 2.73 M | 2.71 M | 2.69 M | 2.68 M | - |
Historical Prices |
5.1 | 5.48 | 7.32 | 12.5 | 10.7 | 10.3 | 10.3 | 10.4 | 9.96 | 8.96 | 9.91 | 8.93 | 8.33 | 6.95 | 10.1 | 8.97 | 12.5 |
Net Income |
-40 K | 167 K | 830 K | 555 K | 1.67 M | 1.6 M | 1.58 M | 911 K | 1.1 M | 1.35 M | 1.91 M | 2.61 M | 2.67 M | 2.99 M | 655 K | 1.26 M | - |
Revenue |
- | - | - | - | 12.9 M | 13.8 M | 14 M | 12.9 M | 12.8 M | 14.2 M | 14.7 M | 14.6 M | 14.4 M | 15.5 M | - | - | - |
Cost of Revenue |
6.58 M | 6.71 M | 6.41 M | 6.5 M | 6.74 M | 6.83 M | 6.59 M | 6.16 M | 6.21 M | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | 13.7 M | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
2.76 M | 2.89 M | 120 K | 251 K | 1.52 M | 1.93 M | 2.1 M | 1.94 M | 2.12 M | 2.39 M | 2.53 M | 2.66 M | 3.26 M | 3.68 M | 993 K | 6.54 M | - |
EBITDA |
238 K | 227 K | 994 K | 995 K | 13.6 M | - | - | - | - | - | - | - | - | - | 1 M | 653 K | - |
Operating Expenses |
- | - | - | - | 88 K | 14 M | 14 M | 13 M | 14 M | 15 M | 15 M | 14 M | 14 M | 15 M | - | - | - |
General and Administrative Expenses |
- | - | - | - | 8.66 M | 8.64 M | 8.64 M | 8.04 M | 7.69 M | 7.89 M | 8 M | 6.75 M | 6.81 M | 6.57 M | - | - | - |
All numbers in USD currency
Quarterly Income Statement Glen Burnie Bancorp
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
2.92 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.89 M | 2.89 M | 2.88 M | 2.88 M | 2.87 M | 2.87 M | 2.87 M | 2.86 M | 2.86 M | 2.86 M | 2.85 M | 2.85 M | 2.85 M | 2.85 M | 2.84 M | 2.84 M | 2.83 M | 2.83 M | 2.83 M | 2.82 M | 2.82 M | 2.82 M | 2.81 M | 2.81 M | 2.81 M | 2.8 M | 2.8 M | 2.8 M | 2.79 M | 2.79 M | 2.79 M | 2.78 M | 2.78 M | 2.78 M | 2.77 M | 2.77 M | 2.77 M | 2.76 M | 2.76 M | 2.76 M | 2.75 M | 2.75 M | 2.75 M | 2.74 M | 2.74 M | 2.74 M | 2.74 M | 2.73 M | 2.73 M | 2.72 M | 2.72 M | 2.71 M | 2.71 M | 2.72 M |
Net Income |
125 K | -212 K | 153 K | - | 129 K | -204 K | 3.16 K | - | 551 K | 276 K | 435 K | - | 375 K | 309 K | 231 K | 555 K | 888 K | 480 K | 1.07 M | 547 K | 949 K | -96 K | 268 K | 539 K | 606 K | 319 K | 135 K | 307 K | 439 K | 478 K | 255 K | 307 K | 439 K | 478 K | 255 K | -152 K | 411 K | 338 K | 316 K | 447 K | 8 K | 518 K | 380 K | 480 K | 526 K | 435 K | 473 K | 650 | 795 | 640 | 529 | 609 | 670 | 656 K | 730 | 756 K | 770 K | 758 K | 709 K |
Revenue |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.83 M | 4 M | 3.93 M | 4.06 M | 4.17 M | 4.35 M | 4.32 M | 4.29 M |
Cost of Revenue |
1.86 M | 2.03 M | 1.83 M | - | 1.65 M | 1.6 M | 1.62 M | - | 1.69 M | 1.7 M | 1.7 M | - | 1.65 M | 1.52 M | 1.62 M | - | 1.69 M | 1.59 M | 3.22 M | - | 1.6 M | 1.6 M | 1.7 M | - | 1.68 M | 1.68 M | 1.77 M | - | 1.71 M | 1.65 M | 1.72 M | - | - | - | - | - | 1.74 M | 1.53 M | 1.5 M | - | 1.55 M | 1.68 M | 1.67 M | - | 1.66 M | 1.67 M | 1.68 M | - | 1.72 M | 1.67 M | 1.66 M | - | 1.66 M | 1.73 M | 1.73 M | - | 1.66 M | 1.64 M | 1.64 M |
Interest Expense |
2.83 M | 2.74 M | 2.56 M | - | 2.82 M | 2.79 M | 2.57 M | - | 2.95 M | 3.11 M | 107 K | - | 271 K | 227 K | 234 K | 251 K | 264 K | 274 K | 557 K | 313 K | 353 K | 398 K | 451 K | 461 K | 446 K | 450 K | 570 K | 599 K | 560 K | 490 K | 452 K | 599 K | 560 K | 490 K | 452 K | 460 K | 499 K | 487 K | 491 K | 576 K | 588 K | 607 K | 620 K | 652 K | 666 K | 628 K | 588 K | 571 | 675 | 699 | 717 | 767 | 810 | 830 K | 848 | 902 K | 915 K | 927 K | 939 K |
EBITDA |
275 K | 183 K | 104 K | - | - | - | 104 K | - | - | - | 103 K | - | 318 K | - | 107 K | - | 323 K | - | 213 K | - | 212 K | 193 K | 100 K | - | 320 K | 550 K | 318 K | - | 828 K | 579 K | 319 K | - | 793 K | 518 K | 267 K | - | 902 K | 590 K | 270 K | - | 920 K | 508 K | 223 K | - | 720 K | 388 K | 144 K | - | 1.24 M | 661 K | 383 K | - | 1.57 M | 1.11 M | 455 K | - | 989 K | 597 K | 364 K |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Glen Burnie Bancorp (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.