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Glen Burnie Bancorp Delays Yearly Report Filing

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Glen Burnie Bancorp ( (GLBZ) ) has released a notification of late filing.

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Glen Burnie Bancorp has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to staffing reductions and concurrent regulatory reporting obligations, which have hindered the completion of necessary auditing procedures. The company expects to file the report within 15 calendar days following the prescribed due date. Glen Burnie Bancorp anticipates a decrease in net income for the fiscal year compared to the previous year, although specific figures are not yet available. The notification was signed by Jeffrey D. Harris, Senior Vice President and Chief Financial Officer, who assured ongoing compliance efforts.

More about Glen Burnie Bancorp

YTD Price Performance: -10.60%

Average Trading Volume: 6,069

Technical Sentiment Signal: Strong Buy

Current Market Cap: $15.17M

Find detailed analytics on GLBZ stock on TipRanks’ Stock Analysis page.

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